Ironically, although carbon dioxide surrounds us, it’s hard to find it in concentrated form. Oxy for years has pumped CO2 out of the ground from naturally occurring reservoirs in Colorado and New ...

(Courtesy Photo) The Occidental Petroleum Co.’s $1-billion direct air capture plant 35 miles ... report from Houston, Oxy President-CEO Vicki A. Hollub said the STRATOS project “has given ...

OXY) and its 1PointFive subsidiary said Monday they received approval from the U.S. Environmental Protection Agency for Class VI permits to sequester carbon dioxide from the STRATOS Direct Air ...

plus another $250 million from the roll-off of Stratos spending—and about $135 million in improved cash flow from interest expenses, he said, referring to 2026 cash flow improvements.

A facility under construction in West Texas aims to be the world's largest direct air carbon capture plant ... based Occidental Petroleum (Oxy) is spearheading the STRATOS project, a $1 billion ...

These renewable sources allow us to retire some high-emissions power plants ... already agreed to contract with Oxy to offset their carbon emissions at Stratos, including Amazon, Airbus, TD ...

Oxy, a Houston-based energy company, is proposing a carbon capture facility like the Petra Nova CCS Facility at NRG Power Plant in Richmond. Known as Stratos, the West Texas plant will be the ...

Stratos would be the first large-scale facility to remove carbon dioxide directly from the air, taking technology proven in pilot plants and expanding ... the coming years. Oxy is first in line ...

Oxy is building a massive industrial plant called Stratos to filter CO2 out of the air in Ector County, Texas, where the three proposed wells are located. This is the first time the EPA has issued ...

Microsoft on Tuesday agreed to buy 500,000 metric tons of credits from the company’s Stratos plant in Texas, which is expected to start up next year.

OXY) and its 1PointFive subsidiary said Monday they received approval from the U.S. Environmental Protection Agency for Class VI permits to sequester carbon dioxide from the STRATOS Direct Air ...