Question 1

What are the key details for the project “Occidental Petroleum Direct Air Capture Project”?

Accepted Answer

The project “Occidental Petroleum Direct Air Capture Project” is an infrastructure initiative in the Oil and Gas sector, located in United States. Taiyo aggregates data on it from World Oil.

Question 2

What is the latest status of the project “Occidental Petroleum Direct Air Capture Project”?

Accepted Answer

The status recorded for “Occidental Petroleum Direct Air Capture Project” is Cancelled.

Question 3

What is the budget and commercial profile for the project “Occidental Petroleum Direct Air Capture Project”?

Accepted Answer

Taiyo normalizes the budget of “Occidental Petroleum Direct Air Capture Project” to USD 1200000000.

Question 4

Where can I verify the source and access all details for “Occidental Petroleum Direct Air Capture Project”?

Accepted Answer

This Taiyo project page references World Oil along with the original URL (https://www.worldoil.com/news/2025/6/2/u-s-cancels-3-7-billion-for-clean-energy-including-331-million-exxon-grant/). Taiyo standardizes official data into a consistent, searchable project profile.

Original status	Cancelled
Taiyo status	Closed
Taiyo last update	2026-07-22

Description	A direct air capture project by a subsidiary of Occidental Petroleum Corp that had been selected for an award of up to $1.2 billion by the Biden administration but was slated for termination under an internal plan.
Original sector	Energy Transition
Budget

Record type	Project
Sector	Oil and Gas
Article published date	2025-06-04

Occidental Petroleum Direct Air Capture Project

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Occidental Petroleum Direct Air Capture Project

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