Sustainability
Energy Major Commits $5 Billion to Direct Air Capture (DAC) Technology, Leading Net-Zero Push.
Global energy leader PetraCorp has announced a landmark $5 billion investment over five years in developing and deploying large-scale Direct Air Capture (DAC) technology to meet net-zero commitments.
24 November 2025 - 22:04
Gary Oldman
Energy Major Commits $5 Billion to Direct Air Capture (DAC) Technology, Leading Net-Zero Push.
The investment is strategically positioned to leverage emerging government carbon credit markets and future carbon pricing mechanisms, making the DAC operation economically viable in the long run. PetraCorp is partnering with leading university research groups to refine the chemical capture pro
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