Occidental Petroleum Is Getting Up to $650 Million to Accelerate Its Ability to Capture This Potentially $5 Trillion Market Opportunity
The oil company believes CCS could eventually grow into a $3 trillion to $5 trillion global market opportunity. It aims to ...
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Is Occidental Petroleum Stock a Buy?
Occidental took on massive debt in 2019 when it got into a bidding war with Chevron for Anadarko Petroleum. It ended up being one of the largest oil mergers ever as Occidental acquired the company and ...
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Oxy Looks for Partners to Make SAF From Direct Air Capture
The US shale oil producer is selling carbon credits from its upcoming Stratos DAC project, but also wants to turn captured ...
Occidental's 1PointFive secures funding of up to $500 mln from US DOE
Occidental Petroleum's carbon capture and sequestration unit 1PointFive said on Thursday that the U.S. Department of Energy's ...
The Globe and Mail5d
Occidental Petroleum Is Getting Up to $650 Million to Accelerate Its Ability to Capture This Potentially $5 Trillion Market Opportunity
Occidental Petroleum(NYSE: OXY ... oil company is now leveraging that expertise to become an early leader in carbon capture and sequestration (CCS). The oil company believes CCS could eventually ...
Seeking Alpha8d
Occidental's Texas direct air capture hub awarded up to $500M in DoE funding
Occidental Petroleum (NYSE ... $650M for the development of an expanded regional carbon network in south Texas. The South Texas Direct Air Capture Hub is planned to contain a DAC facility with ...
Hydrocarbon Processing8d
Occidental's 1PointFive secures funding of up to $500 MM from U.S. DOE
Occidental Petroleum's carbon capture and sequestration (CCS) unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) has committed up to ...