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Content tagged with: Carbon Engineering

Carbon Engineering to be acquired by Occidental for $1.5B

Tyler Choi Carbon Carbon Engineering British Columbia Aug. 16 2023

Houston-based hydrocarbon explorer and producer Occidental Petroleum Corp. (OXY-N) has an agreement to acquire Squamish, B.C.-based Carbon Engineering Ltd. for approximately $1.5 billion to accelerate its direct air carbon capture (DAC) capabilities.

Carbon Engineering, 1PointFive to build 70 DAC facilities

Nicholas Sokic Carbon Carbon Engineering International Jun. 10 2022

Climate solutions company Carbon Engineering Ltd. has partnered with 1PointFive, a subsidiary of the Houston-based Occidental Petroleum Corp.’s Low Carbon Ventures, to bring 70 direct air capture (DAC) plants online by 2035. Given an increase in global policy initiatives around

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