Darren Woods, chairman and chief executive officer of Exxon Mobil Corporation, speaks during a panel discussion at the first Pennsylvania Energy Innovation Summit held at Carnegie Mellon University in Pittsburgh, Pennsylvania, USA on July 15, 2025.
Brian Kaiser | Bloomberg | Getty Images
exxon mobil CEO Darren Woods said Friday that the company is in advanced discussions with power companies and technology companies to reduce emissions from AI data centers that rely on natural gas by introducing carbon capture technology.
“We’re hoping that a lot of these hyperscalers will be honest about their desire for low-emissions facilities, because certainly in the near to medium term, we’re probably the only real game in town to get that done,” Woods said on Exxon’s earnings call.
Hyperscalers are companies that: alphabet, Amazon, meta and microsoft We are building a large data center to train and run artificial intelligence applications.
Woods said Exxon aims to capture 90% of the carbon dioxide emissions from the natural gas plants that power its data centers. The oil major is said to be in talks with power companies to decarbonize its power plants.
“We’re pretty far along in the talks,” the CEO said.
The tech industry has largely reserved renewable energy to offset data center emissions, but it is also now investing heavily in nuclear power.
Some companies are turning to natural gas for reliable power. For example, Meta has signed a contract with a power company. entertainment Louisiana supplies natural gas to its data center campus.
“We’ve secured a location. We have existing infrastructure and certainly know-how in terms of technology to capture, transport and store[carbon dioxide],” Woods said.
