News

Occidental, ADNOC's XRG Eye $500 Million Texas Carbon Capture Venture
Occidental teams up with ADNOC's XRG on a potential $500M carbon capture project in Texas during Trump's UAE visit.
Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub
XRG to consider investing up to $500 million for the development of 1PointFive’s 500,000 tonne-capacity DAC facilityHOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary ...
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Al Ain FC sign sponsorship agreement with ADNOC, XRG
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu ...
UAE to up value of US energy investments to $440 billion by 2035
The United Arab Emirates plans to raise its energy investments in the United States to $440 billion in the next decade, it ...
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Occidental and ADNOC team up on planned Texas DAC plant
US energy company Occidental has signed an agreement with XRG, the investment arm of UAE state-owned Adnoc, to develop a ...
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ADNOC deepens energy partnerships with US Companies
T<span id="cke_bm_3189S" style="display:non he agreements will potentially enable $60 billion of US investments in UAE energy ...
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Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub
HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint ...
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Occidental, ADNOC sign framework agreement for potential Texas DAC investment, Shah field expansion
Agreements were signed by Occidental CEO Vicki Hollub and ADNOC Group CEO Dr. Sultan Ahmed Al Jaber during US Pres. Trump’s ...