Occidental Petroleum (NYSE:OXY) recently announced a joint venture with ADNOC's XRG to develop a Direct Air Capture facility in South Texas, aligning with broader market enthusiasm, as seen with a ...

It was recently revealed that Occidental Petroleum Corporation (NYSE:OXY) has formed an agreement with UAE’s ADNOC for the development of a direct air capture facility in South Texas. Let us ...

Occidental and ADNOC’s XRG may co-develop a $500M DAC facility in Texas. The site could store up to 3 billion tons of CO₂ underground. Geopolitical tensions, Fed uncertainty, and fast-moving ...

Occidental Petroleum and its 1PointFive low-carbon subsidiary reached an agreement with ADNOC to evaluate a potential joint venture to develop a direct air capture facility in South Texas.

News. EPA grants first Texas permit to Occidental Petroleum unit for greenhouse gas storage The project will take carbon dioxide from the air and sequester it more than 4,000 feet underground.

The announcement follows other milestones in the development of DAC, including Occidental’s progress on STRATOS, its first DAC plant in West Texas, which is on-track to start commercial ...

Occidental Petroleum (OXY) stock was in focus on Monday after it secured permits from the U.S. Environmental Protection Agency (EPA) to store carbon dioxide in underground wells in Texas.

Occidental Petroleum Corporation, a Houston-based oil firm, will start storing 500,000 metric tons of carbon dioxide in deep, non-permeable rock formations 4,400 feet underground as soon as this year.

EPA issues first permits in Texas for dedicated carbon storage. By Carlos Anchondo | 04/07/2025 04:10 PM EDT . An Occidental Petroleum subsidiary plans to store carbon dioxide more than 4,000 feet ...

Occidental Petroleum Co. (NYSE: OXY) is known for being one of the largest oil and gas producers in the United States, as well as being Warren Buffet’s favorite stock in the energy sector based ...

It was recently revealed that Occidental Petroleum Corporation (NYSE:OXY) has formed an agreement with UAE’s ADNOC for the development of a direct air capture facility in South Texas. Let us ...

It was recently revealed that Occidental Petroleum Corporation (NYSE:OXY) has formed an agreement with UAE’s ADNOC for the development of a direct air capture facility in South Texas.Let us shed ...