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Weyerhaeuser Company (WY)

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35,71+0,70 (+2,00%)
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35,70 -0,01 (-0,03%)
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  • GlobeNewswire

    Oxy Low Carbon Ventures and Weyerhaeuser reach lease agreement for a carbon capture and sequestration project in Louisiana

    OLCV subsidiary 1PointFive establishing sequestration business to build first in a series of hubs to permanently store carbon emissionsHOUSTON, March 28, 2022 (GLOBE NEWSWIRE) -- Occidental's (NYSE: OXY) Oxy Low Carbon Ventures (OLCV) subsidiary and Weyerhaeuser Company (NYSE: WY) today announced an agreement for the evaluation and potential development of a carbon capture and sequestration project in Livingston Parish, Louisiana. The lease agreement provides OLCV with exclusive rights to develo