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Occidental Petroleum Corp. will need to spend more capital in 2022 to maintain oil production at 2021 levels, CEO Vicki Hollub said. Hollub discussed the
Oxy, Partners Take Another Step to Advance Permian Carbon Capture Project Occidental Petroleum Corp.’s vision to yank carbon emissions from the atmosphere in its top development, the Permian Basin, took a giant step forward Tuesday with the first engineering phase given the green light. Australia’s Worley Ltd. was awarded the front-end engineering and design (FEED) for the first of four phases of the direct air capture (DAC) facility planned for West Texas. When complete, the facility would be capable of extracting 1 million metric tons/year (mmty) of atmospheric carbon dioxide (CO2). The...
26 million passengers on flights powered with a SAF blend 44 billion passenger-miles on flights powered with a SAF blend 215,000 flights powered with a SAF blend … Boeing, Etihad Airways and World Energy not far behind Mohammad Al Bulooki, Etihad Aviation Group Chief Operating Officer, said: “Together with Boeing and the national airline’s sustainable aviation fuel partners World Energy and EPIC, Etihad used 50,000 gallons of a 50/50 blend of sustainable aviation fuel on the final flight of our ecoDemonstrator 787-10 flight tests. This is a monumental step forward for the sector to prov...
It’s Winter Solstice today and in the Earth’s Northern hemisphere, it’s when we experience the longest period of night all year. If you are a Harry Potter fan, you’ll recall when Dumbledore said, “Happiness can be found, even in the darkest of times, if one only remembers to turn on the light.” Or maybe you are more of an Aristotle admirer: “It is during our darkest moments that we must focus to see the light.” Both good quotes to remember in 2020. Either way, as the darkness seems to surround us, let’s look to the light, the hope, the future, starting with incredible news r...
(United Airlines) United will meet this ambitious goal by making industry-leading investments in new technology and sustainable fuels – not from buying carbon offsets — United Airlines today (December 10, 2020) is taking its most ambitious step yet in leading the fight against climate change: pledging to become 100% green by reducing its greenhouse gas (GHG) emissions by 100% by 2050. United, which in 2018 became the first U.S. airline to commit to reducing its GHG emissions by 50% by 2050, will advance towards carbon neutrality by committing to a multimillion-dollar investment in rev...