Oxy Strikes Carbon Credit Deal With Microsoft ...Middle East

OILPRICE - Economy
Oxy Strikes Carbon Credit Deal With Microsoft
source : OILPRICE ( Middle East ) () 31
Occidental Petroleum has signed a deal with Microsoft for the sale of 500,000 tons in carbon removal credits from a carbon capture facility that Oxy is building in Texas. The Stratos direct air capture facility will have the capacity to suck up to 500,000 tons of carbon dioxide annually, meaning Microsoft will be its single client buying the entire “output”. Microsoft urgently needs to lower its carbon footprint because its AI push is bringing emissions to new records. The company reported a 30% increase in emissions since 2020—and…

Hence then, the article about oxy strikes carbon credit deal with microsoft was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oxy Strikes Carbon Credit Deal With Microsoft )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Bitmine Immersion Technologies (BMNR) ha annunciato di aver raggiunto detenzioni in ETH pari a 5,85 milioni di token, mentre il totale tra criptovalute e liquidità ammonta a 14,9 miliardi di dollari
PR Newswire - before 7 hours & 22 minute
Inspire Corporate Bond Fund (IBD) Receives 5-star Overall Morningstar Rating™ Among 155 Corporate Bond Funds
PR Newswire - before 4 hours & 16 minute
Nitin Spinners: This textile stock hit new high, zoomed 104% from Jan low
Business Standard - before 6 hours & 59 minute
PM follows up with CBE governor on joint coordination efforts in several economic files
EGYPT INDEPENDENT - before 3 hours & 52 minute
MATTER raises $25 million to expand manufacturing, launch four motorcycles
Business Standard - before 7 hours & 17 minute
Fractal establishes India Business Unit to meet increasing demand from large Indian enterprises
PR Newswire - before 7 hours & 39 minute
Configit Named as a Sample Vendor in the Gartner® Hype Cycle™ for Revenue and Sales Technology, 2026
PR Newswire - before 6 hours & 44 minute
Vodafone Idea surges 5% in weak market on huge volume; here's why
Business Standard - before 8 hours & 11 minute
Tax on second incomes: Everything you need to know from thresholds to which earnings count
INDEPENDENT - before 4 hours & 44 minute
AI's productivity promise remains elusive for 90% executives, study finds
Business Standard - before 4 hours & 11 minute
Southeast Asia Data Center Investment to Reach USD 35.08 Billion by 2031 .. Malaysia, Indonesia, Thailand & Singapore - Arizton
PR Newswire - before 7 hours & 5 minute
HDFC Life, Home First Finance emerge as Shrikant Chouhan's breakout ideas
Business Standard - before 11 hour & 2 minute


Latest News

Anti-infective sales jump amid surge in influenza cases across India

before 12 minute

Ukraine Hits Another Russian Refinery as Fuel Crunch Worsens

before 24 minute

AMI orders 9,000 NVIDIA Rubin GPUs, plans $8 bn capex for 200 MW capacity

before 28 minute

Mahindra Last Mile eyes major capacity expansion as it prepares for IPO

before 46 minute

Deposit mobilisation key as bank credit growth outpaces deposits: EAC-PM

before hour & 3 minute

Infrastructure projects see cost overrun of ₹3.4 trillion: MoSPI

before hour & 20 minute

Equinor Eyes Major Oil Discovery Offshore Namibia

before hour & 30 minute

SA20 Season 4 lifts GDP contribution 23% in South Africa; jobs up 16%

before hour & 34 minute

Target ‘deeply sorry’ for children’s Halloween costume compared to blackface

before hour & 47 minute

Capital Efficiency Over Venture Hype: How Shikha Patel Built a $2M Revenue Platform Without VC Money

before hour & 53 minute

Saudi National Institute of Health and Sanofi establish strategic framework to strengthen Saudi Arabia’s health research capabilities

before 2 hours & 4 minute

Apartment owners can't claim exclusive rights over shared amenities: HC

before 2 hours & 45 minute

The Seven Deadly Sins: Origin lanzará "actualización del medio aniversario" que presenta al nuevo héroe "Ban"

before 2 hours & 54 minute

Malacca States Vow to Keep Asia’s Busiest Shipping Route Open

before 2 hours & 57 minute

Saudi Arabia’s workplaces raise the bar on cleanliness, safety and facilities management

before 3 hours & 7 minute