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CERAWEEK-Occidental's direct-air carbon capture project is 70% complete, says CEO
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CERAWEEK-Occidental's direct-air carbon capture project is 70% complete, says CEO
Mar 19, 2024 12:20 PM

HOUSTON, March 19 (Reuters) - Occidental Petroleum

Corp's ( OXY ) first direct-air, carbon capture project is 70%

complete, CEO Vicki Hollub said on Tuesday.

The first phase of the startup expected in mid-2025. When

compete, the Stratos project will be able to remove 500,000 tons

of carbon from the atmosphere per year, she said in remarks at

the CERAWeek energy conference.

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