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Tag: Vicki Hollub
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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U.S. DOE Awards $500M to 1PointFive for Direct Air Capture Hub in Texas
September 16, 2024
1PointFive, a subsidiary of Occidental, has secured up to $500 million in funding from the U.S. Department of Energy (DOE) to develop its South Texas Direct Air Capture (DAC) Hub....
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