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Tag: Oxy
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Oxy Buys DAC Startup Holocene Following $100/Ton Carbon Removal Deal with Google
April 17, 2025
Occidental (Oxy) has acquired Holocene, a Tennessee-based direct air capture (DAC) startup, in a strategic move to consolidate and scale its carbon removal operations. The financial terms were not disclosed,...
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Oxy’s 1PointFive, BlackRock Win EPA Approval for CO2 Storage at Major DAC Facility
April 8, 2025
Occidental Petroleum’s carbon capture unit, 1PointFive, secured critical EPA permits to sequester CO₂ underground from its direct air capture (DAC) facility, Stratos, located in Ector County, Texas. The permits were...
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