Occidental announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Capture (DAC) facility, in Ector County, Texas. Through a...
ADNOC and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility outside the United States (US). ...
U.S. oil and gas producer Occidental Petroleum (OXY.N) agreed to pay $1.1 billion for technology supplier Carbon Engineering Ltd to help it develop a string of carbon-capture sites it hopes will...
The National Football League’s Houston Texans agreed to buy carbon credits from Occidental Petroleum Corp. to offset the impacts of the team’s air travel to games in other cities. In a turn...