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Texas

Occidental's Texas direct air capture hub awarded up to $500M in DoE funding

Occidental Petroleum's 1PointFive subsidiary awarded up to $500M by U.S. Department of Energy to support development of South Texas Direct Air Capture Hub.

By: Seeking Alpha
  • Sep 13 2024
  • 37
  • 337 Views
Occidental's Texas direct air capture hub awarded up to $500M in DoE funding
Occidental's Texas direct air
Occidental Petroleum (NYSE:OXY) said Thursday its 1PointFive subsidiary was awarded up to $500M in funding by the U.S. Department of Energy's Office of Clean Energy Demonstrations to support the development of the South Texas Direct Air Capture Hub. ... [891 chars]

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