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Category: Carbon

Carbon Engineering to be acquired by Occidental for $1.5B

Tyler Choi Carbon Carbon Engineering British Columbia Aug. 16 2023

Houston-based hydrocarbon explorer and producer Occidental Petroleum Corp. (OXY-N) has an agreement to acquire Squamish, B.C.-based Carbon Engineering Ltd. for approximately $1.5 billion to accelerate its direct air carbon capture (DAC) capabilities.

Deep Sky, Exterra partner on Quebec carbon mineralization pilot

Tyler Choi Carbon Carbon capture Quebec Aug. 11 2023

Montreal-based carbon removal company Deep Sky has signed a partnership with Exterra Carbon Solutions for a pilot facility in Quebec to store captured carbon dioxide within the mineral waste from asbestos mining.

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