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.
Exxon Mobil (NYSE:XOM)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Exxon Mobil.
Exxon Mobil (NYSE:XOM)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Exxon Mobil.