OCCIDENTAL, AN American oil major, recently agreed to buy Carbon Engineering, a Canadian carbon-removal company, for $1.6bn. The deal underlines big oil’s growing interest in carbon-capture ...

Adds background and details on the deal from paragraph 2-6 Aug 15 (Reuters) - U.S. oil and gas producer Occidental Petroleum OXY.N said on Tuesday it would acquire carbon-capture technology provider ...

Two commercial-scale direct-air carbon removal demonstration hubs on the Gulf Coast—set to be the largest in the world—could split about $1.1 billion in federal funding for development, the U.S.

As CEO of Carbon Engineering, Oldham raised over $100 million in financing, and sold the Company to Occidental Petroleum (OXY) in 2023 at a valuation of $1.6Bn. Mr. Oldham brings more than 30 years of ...

Occidental Petroleum said Tuesday it agreed to acquire the Canadian direct air capture company Carbon Engineering for $1.1 billion. The acquisition of a company it had partnered with earlier this year ...

Guetre runs commercial strategy for 1PointFive, a company with a radical idea: Sucking CO2 molecules out of the air, with a technology called Direct Air Capture. It sounds like magic, but actually, it ...

Occidental Petroleum (NYSE:OXY) said Tuesday it agreed to acquire Canadian direct air capture technology company Carbon Engineering Ltd. for $1.1B in cash. Occidental (OXY), which has been working ...

Integration of Occidental’s operations experience and Carbon Engineering’s technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment ...

Oil and gas producer Occidental Petroleum (OXY) announced on Tuesday its plans to acquire Canadian carbon capture technology supplier Carbon Engineering Ltd. for $1.1 billion. Occidental Petroleum ...

Carbon dioxide adsorption and capture technologies represent a pivotal strategy in addressing the escalating challenges of climate change. These methods, which range from direct air capture employing ...

NOTICE: The subject of this publication is the forum titled Transitioning to Net-Zero Carbon: Engineering Challenges and Opportunities, held during the 2022 annual meeting of the National Academy of ...

David Pogue is a six-time Emmy winner for his stories on "CBS Sunday Morning," where he's been a correspondent since 2002. Pogue hosts the CBS News podcast "Unsung Science." He's also a New York Times ...