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Oil giant quietly ditches world's biggest carbon capture plant

TEXAS (BLOOMBERG) – Occidental Petroleum Corp is building a futuristic machine on the dusty plains of Texas designed to master the process of corralling carbon, just like the rest of the world. The billion-dollar complex, called Stratos, will suck carbon dioxide out of the atmosphere and bury it deep underground. Amazon.com Inc, Shopify Inc, Airbus […] ....

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An Oil Giant Quietly Ditched the World's Biggest Carbon Capture Plant

(Bloomberg) The world wants to master the process of corralling carbon, and Occidental Petroleum Corp. is building a futuristic machine on the dusty plains of Texas designed to do just that.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionTreasury 10-Year Yield Breaches 5% for First Time Since 2007Car Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls B ....

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