Occidental CEO Vicki Hollub at CERAWeek 2025
Occidental secures EPA backing for DAC storage
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
The US Environmental Protection Agency has granted its first permits for CO₂ storage linked to a direct air capture (DAC) project, amid ongoing uncertainty over federal funding for the emerging technology under the Trump administration. Class IV sequestration permits have been approved for the STRATOS DAC project in Ector County, Texas, which is under development by 1PointFive, a subsidiary of US energy company Occidental. STRATOS is designed to capture up to 500,000t/yr of CO₂ and is on track to start commercial operations in 2025. It is the centrepiece of 1PointFive’s South Texas DAC Hub on the King Ranch, which has the capacity to expand up to 30mt/yr of removals and the storage of up to
Also in this section
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network
21 April 2025
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
