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BlackRock to Develop World's Largest Direct Air Capture Plant With Occidental

The asset manager is investing $550 million in a joint venture with the oil and gas giant’s 1PointFive subsidiary. ....

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Amazon to Purchase Carbon Removal Credits from Oxy's 1PointFive

Carbon capture utilization and sequestration (CCUS) specialist 1PointFive Inc. has secured a commitment from Amazon.com Inc. to purchase 250,000 metric ....

Vicki Hollub , Pointfive Inc , Occidental Petroleum Corp , Ector County , Occidental Petroleum ,

USA funds nuclear-coupled carbon capture studies : Energy & Environment

The US Department of Energy has awarded nearly USD5 million to two separate cost-shared projects that aim to study the use of direct air capture technology at nuclear power plants. The studies - one led by Constellation at its Byron plant, and the other led by Battelle Memorial Institute at Southern Company's Farley plant - ultimately aim to leverage the plants' carbon-free energy to remove CO2 from ambient air. ....

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Carbon Capture Spending Forecast to Surge Over Next Three Years

Service sector spending on carbon capture and storage (CCS) projects is poised to quadruple globally from 2022-2025, driven by favorable policies and ....

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Oxy's Hollub says More Capital Needed to Sustain Production in 2022

Occidental Petroleum Corp. will need to spend more capital in 2022 to maintain oil production at 2021 levels, CEO Vicki Hollub said. Hollub discussed the ....

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