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US: Occidental, SK Trading International sign first agreement for net-zero oil created from captured atmospheric carbon dioxide

Occidental has announced an agreement with an affiliate of SK Trading International for the first net-zero oil created by combining crude oil together with environmental attributes generated from the sequestration of atmospheric carbon dioxide (CO2) captured via 1PointFive’s planned large-scale Direct Air Capture (DAC) facility and sequestered in Occidental’s enhanced oil recovery (EOR) reservoirs in the U.S. Permian Basin.
Richard Jackson Sk Trading International Sk Energy Refinery Business Direct Air Capture Carbon Engineering Net Zero

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