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 ...

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 ...

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 ...

Two commercial-scale direct-air carbon removal demonstration hubs on the Gulf Coast—set to be the largest in the world—could split about $1.1 billion in federal funding for development, the U.S.

This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Rising out of the arid scrubland of western Texas is the world’s largest project ...

The Canadian founder of a Canada-based direct-air capture startup would have preferred to sell to a company there over the U.S. oil producer who ultimately bought it: Texas-based Occidental Petroleum.

“The time is now right when it comes to addressing climate change,” said Deanne Bell, founder and chief executive officer of Future Engineers, in her introduction to the forum of the 2022 annual ...

In what used to be a fish-processing plant in Akranes, a small port in Iceland, fragments of seaweed rise and fall in glass columns lit by leds. Running Tide, the Maine-based company which runs the ...

Occidental is acquiring all of the outstanding equity of direct air capture (DAC) technology firm Carbon Engineering Ltd. through a wholly owned subsidiary for a total cash consideration of ...

Description: Designed for structural engineers but welcoming to all, this session provides a focused introduction to embodied carbon in buildings. Participants will learn how to define and apply ...

The scope of the committee's work is focused on three primary documents: ASCE 7, ACI 318 and the AISC Steel Manual. A team of 10 practicing civil and structural engineers and academics has launched an ...

Carbon capture engineering encompasses a suite of technologies and processes designed to isolate carbon dioxide from gas streams and to concentrate, transport and store or utilise it in a controlled ...