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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.

Lion Electric posts record revenue in Q2 results

Nicholas Sokic Technology Lion Electric Quebec Aug. 14 2023

The Lion Electric Company (LEV-T) reports record revenues of approximately $78.1 million in its Q2 2023 financial report, up from $39.7 million in the same period last year.

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