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Occidental and ADNOC to Evaluate Carbon Management Projects in the United States and United Arab Emirates to Accelerate Net Zero Goals

Strategic collaboration to assess potential investment opportunities aimed at accelerating development of direct air capture and sequestration hub projectsHOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and ADNOC today announced that they will evaluate investment opportunities in Direct Air Capture (DAC) facilities and carbon dioxide (CO2) sequestration hubs in the United States and the United Arab Emirates (UAE) as a pathway toward the development of carbon management platform
United Arab Emirates United States Sultan Ahmed Al Jaber Amos Hochstein Abu Dhabi Al Reyadah
Source: yahoo.com

Adnoc Weighs Boosting Covestro Bid Again to €11.6 Billion

(Bloomberg) -- Abu Dhabi National Oil Co. indicated it’s prepared to boost its informal offer for Covestro AG to about €11.6 billion ($12.7 billion) on the condition the German chemicals group agrees to enter formal talks, people with knowledge of the matter said.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinZuckerberg Says ‘Time to Move On’ From Musk Cage FightUS Steel...
United Arab Emirates Markus Steilemann Bloomberg Businessweek Sultan Al Jaber Evonik Industries Borouge Plc
Source: yahoo.com

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