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 ...

Companies like Carbon Engineering and 1PointFive are leading the charge here. I was an early investor in Carbon Engineering and founded 1PointFive, which was later acquired by Occidental Petroleum.

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 ...