Sustainable Business News (SBIZ)
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British Columbia

Carbon Engineering to be acquired by Occidental for $1.5B

Tyler Choi Carbon Carbon Engineering British Columbia Aug. 16 2023

Houston-based hydrocarbon explorer and producer Occidental Petroleum Corp. (OXY-N) has an agreement to acquire Squamish, B.C.-based Carbon Engineering Ltd. for approximately $1.5 billion to accelerate its direct air carbon capture (DAC) capabilities.

Three Sixty Solar signs LOI with Lois Creek for tower installation

Nicholas Sokic Technology Three Sixty Solar Metro Vancouver Aug. 3 2023

Three Sixty Solar Ltd. (VSOL-NE) has signed a non-binding letter of intent (LOI) with Lois Creek Developments Inc. for the phase one sale of a solar and telecommunications tower to be used in the latter’s planned subdivision in Kimberley, B.C.

Industry Events