Occidental and ADNOC to Evaluate Carbon Management Projects

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

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