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XOM Exxon Mobil Corp

118.10
-1.54 (-1.29%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Exxon Mobil Corp NYSE:XOM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.54 -1.29% 118.10 120.20 117.98 119.22 21,076,890 01:00:00

ClearSign Technologies Told by Exxon to Put Project on Hold

03/09/2021 2:10pm

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By Dave Sebastian

 

ClearSign Technologies Corp. said Exxon Mobil Corp. told it to put on hold the testing of ClearSign Core process burners to be installed at the Baytown, Texas, refinery.

ClearSign on Friday said the rationale for the notification was there is now insufficient time for Exxon to engineer the burners' inclusion during the targeted 2022 refinery turnaround.

"We were informed late yesterday on a call that Exxon Mobil was putting this project on hold," ClearSign Chief Executive Jim Deller said. "This news was a surprise and obviously disappointing."

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

September 03, 2021 08:55 ET (12:55 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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