Occidental is backing DAC
1Pointfive and Adnoc study large-scale DAC
Companies jointly fund preliminary engineering study of first megaton-scale DAC facility outside US
US energy company Occidental’s subsidiary 1PointFive and Emirati state energy company Adnoc have launched a jointly funded preliminary engineering study for a 1mt/yr direct air capture (DAC) facility in the UAE. The study will assess the feasibility of building the first megaton-scale DAC facility outside the US, using the same CO₂ extraction technology to be deployed at 1PointFive’s Stratos DAC project, which is under construction in Ector County, Texas. Stratos is expected to have a capacity of up to 500,000t/yr. If the UAE project is approved, CO₂ extracted at the DAC facility is expected to be connected to ADNOC’s CO₂ infrastructure in Abu Dhabi for injection and permanent storage into
Also in this section
22 July 2025
Africa’s most populous nation puts cap-and-trade and voluntary markets at the centre of its emerging strategy to achieve net zero by 2060
17 July 2025
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
9 July 2025
Latin American country plans a cap-and-trade system and supports the scale-up of CCS as it prepares to host COP30
3 July 2025
European Commission introduces new flexibilities for member states to ease compliance with headline goal
