Saudi oil giant Aramco has launched a pilot direct air capture unit able to remove 12 tons of carbon dioxide per year from the atmosphere, it said on Thursday.

Occidental Petroleum (NYSE: OXY) is a major player in the energy sector and is one of the United States' top oil and gas producers. After a banner year in 2022, Occidental strengthened its balance ...

Energy and chemicals leader Aramco has launched Saudi Arabia’s first carbon dioxide direct air capture (DAC) test unit, capable of removing 12 tonnes of carbon dioxide per year from the atmosphere.

Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable ...

In an earnings call this week, Occidental described its DAC business as imperative to the company’s ability to produce more oil. “We believe the next round of technology that’s going to add ...

The facility will serve 'as a testing platform for next-generation CO2 capture materials in Saudi Arabia's distinct climate'. Saudi Arabian Oil Co. (Aramco) said it has launched Saudi Arabia’s ...

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EDF Renewables North America (EDFR) is developing direct air capture (DAC) facilities in Texas in collaboration with climate technology company Skytree, and Dutch carbon capture, utilization ...

“We've got one of our peers also in the oil industry has visited the DAC (facility), came up to see it. We had a meeting with them, helped them understand it. It's important for us to, as we go ...