The Northern Lights joint venture and Occidental’s 1PointFive are among the companies moving CCS projects forward.

Three new proposed chemical plants could more than quadruple ammonia production in the Donaldsonville area, leaving Ascension ...

ADNOC’s global investment arm, XRG, will lead investments in the American energy value chain, with a focus on gas, LNG and specialty chemicals ...

The Department of Energy recently canceled 24 carbon capture and decarbonization project awards worth $3.7 billion.

HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint ...

Occidental Petroleum (NYSE:OXY) and its 1PointFive low-carbon subsidiary said Friday they reached an agreement with ADNOC to evaluate a potential joint venture to develop a direct air capture ...

XRG to consider investing up to $500 million for the development of 1PointFive's 500,000 tonne-capacity DAC facility HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary ...