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Occidental Petroleum said Tuesday it agreed to acquire the Canadian direct air capture company Carbon Engineering for $1.1 billion. The acquisition of a company it had partnered with earlier this year ...

Adds background and details on the deal from paragraph 2-6 Aug 15 (Reuters) - U.S. oil and gas producer Occidental Petroleum OXY.N said on Tuesday it would acquire carbon-capture technology provider ...

Oil and gas producer Occidental Petroleum (OXY) announced on Tuesday its plans to acquire Canadian carbon capture technology supplier Carbon Engineering Ltd. for $1.1 billion. Occidental Petroleum ...

We have the tech to suck CO2 from the air–but can it suck enough to make a difference? Carbon capture technology--which helps fight climate change by removing emissions that are already in the ...

OCCIDENTAL, AN American oil major, recently agreed to buy Carbon Engineering, a Canadian carbon-removal company, for $1.6bn. The deal underlines big oil’s growing interest in carbon-capture ...

Direct Air Capture represents a growing approach in carbon engineering designed to reduce atmospheric CO2 and support negative emissions goals. By extracting carbon directly from the air, this ...

Mr. Oldham brings more than 30 years of executive leadership across aerospace, carbon removal, and advanced cleantech project deployment. He is best known as the former CEO of Carbon Engineering, one ...