26 April 2024
Shell, Exxon lodge EUR 2.1 billion subsidy request for Porthos CCS project
Publication date: 15 January 2021
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The 2.5 mpta capacity Porthos carbon capture storage (CCS) project, which is looking to capture CO2 emissions from the Port of Rotterdam, has taken another step towards a final investment decision after the partners in the project – which include Shell and ExxonMobil – applied for up to EUR 2.1 billion (USD 2.5 billion) in funding from the Dutch state.