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

These projects are funded by the Gulf of America Alliance’s Gulf Star Program, a unique public-private partnership that leverages contributions from agencies and businesses to address key priority ...

Occidental Petroleum (NYSE: OXY) believes carbon capture and storage (CCS) will eventually become a massive market. The oil company estimates it could be a $3 trillion to $5 trillion global industry ...

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

HOUSTON, April 07, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced that the U.S Environmental Protection Agency approved its Class VI permits to ...

(MENAFN- GlobeNewsWire - Nasdaq) Agreement calls for approximately 2.3 million metric tons of carbon dioxide to be securely stored per year at 1PointFive's Pelican Sequestration Hub in Louisiana ...

HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a subsidiary of Occidental, today announced the signing of a 25-year offtake agreement for approximately 2.3 million metric tons of carbon ...

HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a subsidiary of Occidental, today announced the signing of a 25-year offtake agreement for approximately 2.3 million metric tons of carbon ...

Agreement calls for approximately 2.3 million metric tons of carbon dioxide to be securely stored per year at 1PointFive's Pelican Sequestration Hub in Louisiana HOUSTON, April 08, 2025 (GLOBE ...

April 7 (Reuters) - Occidental Petroleum's (OXY.N), opens new tab unit 1PointFive said on Monday the U.S. Environmental Protection Agency had approved its application to sequester carbon dioxide ...

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 ...