HIF Global, Porsche and Volkswagen Group Unveil New Direct Air Capture Unit

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HIF Global, in collaboration with Porsche AG and Volkswagen Group Innovation, is set to install a cutting-edge Direct Air Capture (DAC) u...

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Occidental and ADNOC to Commence Preliminary Engineering Study of a Direct Air Capture Facility in the UAE

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Occidental's subsidiary, 1PointFive, and ADNOC have initiated a joint preliminary engineering study for a 1 million tonne-per-year Direct...

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Noya Closes $11M Series A To Accelerate the World's Transition to Carbon Negativity With Innovative Direct Air Capture technology (DAC)

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The round was led by Union Square Ventures and Collaborative Fund, with participation from Lowercarbon Capital, Fifty Years, MCJ Collecti...

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Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering

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Occidental (NYSE: OXY) will buy Carbon Engineering Ltd. through a subsidiary for about $1.1 billion in total cash. Payment will be in thr...

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World’s First Large-Scale Direct Air Capture Plant to Use Siemens Energy Equipment

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Siemens Energy compressors will be used at Occidental’s first large-scale Direct Air Capture (DAC) plant in Texas’ Permian Basin develope...

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Skytree Launches First Direct Air Capture Unit for Onsite CO2 Generation

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Skytree has introduced Skytree Cumulus, its first Direct Air Capture (DAC) modular unit. This technology captures CO2 from the air and pr...

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4 Corners Carbon Coalition Funds First-of-its-Kind Project to Turn Air into Concrete at Scale

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World’s first on-site, fully-integrated Direct Air Capture (DAC)-to-concrete commercial production facility will leverage technology from...

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Global Thermostat unveils one of the world's largest units for removing carbon dioxide directly from air

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Global Thermostat, a pioneer of carbon removal technology to address climate change, today unveiled one of the largest Direct Air Capture...

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Team of Battelle, Climeworks, Heirloom Receive Notification of Selection on Direct Air Capture Hub from U.S. Department of Energy

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Battelle and clean tech leaders Climeworks and Heirloom selected by U.S. DOE for Bipartisan Infrastructure Law's DAC Hubs program.

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1PointFive Selected for U.S. Department of Energy Grant to Develop South Texas Direct Air Capture Hub

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1PointFive, a wholly owned subsidiary of Occidental, announced today it was selected to receive a grant from the U.S. Department of Energ...

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Climeworks Begins Construction on Large-Scale DAC Plant in Iceland

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Construction of Climeworks’ newest and largest direct air capture (DAC) and storage plant is due to begin this week in Iceland. Dubbed Ma...

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U.S. Department of Energy (DOE) to Fund $2.52 Billion to Two Carbon Capture Programs

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The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED), in collaboration with the Office of Fossil Energy and...

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Large-Scale Carbon-Capture Startup Valiidun Hires Former Department of Defense Project Developer as Chief Strategy Officer

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Large-scale carbon-capture startup Valiidun today announced the hiring of longtime site development executive Matt Gosnell as Chief Strat...

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Financing the transition: How to make the money flow for a net-zero economy

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nvestments in clean energy must quadruple within the next two decades according to the Energy Transitions Commission (ETC). In its latest...

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Occidental, 1PointFive to Begin Construction of World’s Largest Direct Air Capture Plant in the Texas Permian Basin

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Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced they plan to begin detailed engineering and early site construction ...

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CarbonCapture Inc. Announces Five Megaton Direct Air Capture and Storage Project in Wyoming

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CarbonCapture Inc. (CarbonCapture), a U.S. climate tech company that develops direct air capture (DAC) systems based on a groundbreaking ...

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Carbon Capture and Storage Experiencing Record Growth as Countries Strive to Meet Global Climate Goals

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Carbon capture and storage (CCS) continues to grow worldwide, according to a new report released by climate think tank the Global CCS Ins...

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Battelle, Climeworks, Heirloom Carbon, Gulf Coast Sequestration Bid on Direct Air Capture Hub for Department of Energy

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Battelle and a team of leading technology developers have submitted a proposal to the U.S. Department of Energy (DOE) for funding from th...

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Natural Resource Partners L.P. and Oxy Low Carbon Ventures Enter into CO2 Sequestration Agreement

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Natural Resource Partners L.P. (NYSE: NRP) ('NRP') and Occidental's (NYSE: OXY) Low Carbon Ventures (OLCV) subsidiary, today announced th...

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1PointFive and TD Announce One of the Finance Industry's Largest Purchases of Direct Air Capture Carbon Removal Credits

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HOUSTON and TORONTO, Nov. 1, 2023 /PRNewswire/ - 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (...

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