Browsing Tag
Occidental
29 posts
Occidental’s Stratos DAC Facility Delayed By Unexpected Component Issue
Last week, during a quarterly earnings call, Occidental Petroleum announced that its ambitious Stratos Direct Air Capture (DAC)…
Trump Administration Preserves Federal Funding For US DAC And Hydrogen Hubs
Six months after news surfaced of planned US federal funding cuts for climate-oriented projects, the Trump administration has…
OQGN Targets Ibri Power Plant For Carbon Capture In Partnership With Oxy Oman
OQ Gas Networks (OQGN), the majority state-owned operator of Oman’s gas transportation infrastructure, has identified the 1,509 MW…
Occidental’s Stratos DAC Hub To Launch Operations By The End Of 2025
This week, Occidental’s Chief Executive Officer Vicky Hollub announced that the company is planning on launching operations at…
Occidental And ADNOC’s XRG Explore $500M Investment In Texas Direct Air Capture Hub
Occidental Petroleum and its carbon removal subsidiary 1PointFive have signed an agreement with XRG, the investment arm of…
Occidental Buys Holocene, Marking Its Second DAC Technology Purchase
In a major market update, Occidental Petroleum has purchased Holocene Carbon, a direct air capture (DAC) startup based…
Occidental And 1PointFive Secure EPA Class VI Permits For Stratos DAC In Texas
Occidental and its subsidiary 1PointFive have secured the first-ever Class VI permits issued by the U.S. Environmental Protection…
Oil Industry Wants Inflation Reduction Act Kept Intact If Trump Wins
A report in the Wall Street Journal has revealed that representatives from the oil industry are trying to…
1PointFive Carbon Sequestration Hubs Secure $36M In DOE Funding
1PointFive, a subsidiary of Occidental, announced that its Bluebonnet and Magnolia Sequestration Hubs have been awarded $36 million…
Occidental’s 1PointFive Locks In Up To $500M Funding From Department Of Energy
Carbon capture and storage company 1PointFive, a direct subsidiary of Occidental, one of the largest oil producers in…