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Carbon Engineering's Overview

Total employees182
HeadquartersSquamish
Founded2009

Carbon Engineering (CE) is a Canadian-based climate solutions company, now a wholly-owned subsidiary of Occidental Petroleum (Oxy) under its Oxy Low Carbon Ventures (OLCV) division. CE specializes in Direct Air Capture (DAC) technology, which captures carbon dioxide directly from the atmosphere. Their innovative solutions aim to provide scalable and cost-effective pathways for decarbonizing hard-to-abate industries, producing ultra-low carbon transportation fuels (AIR TO FUELS™), and facilitating large-scale carbon removal. CE's mission is to commercialize and deploy its DAC technology globally to contribute to achieving net-zero emissions targets and mitigating climate change. The acquisition by Occidental in 2023 is set to accelerate the global deployment of CE's technology through Oxy's extensive operational and project development expertise.

Where is Carbon Engineering's Headquarters?

HQ Function

Serves as the core R&D and innovation center for Carbon Engineering's Direct Air Capture (DAC) and AIR TO FUELS™ technologies, including pilot plant operations and ongoing technology refinement.

Notable Features:

Houses advanced pilot and demonstration plants, an Innovation Centre, and laboratories critical for developing and scaling up DAC technology. Its location in Squamish provides access to renewable hydroelectric power.

Work Culture:

Characterized by a strong focus on innovation, scientific rigor, and engineering excellence. It fosters a mission-driven environment dedicated to addressing climate change. Post-acquisition, it integrates into Occidental's broader strategic goals while retaining its specialized R&D culture.

HQ Significance:

The Squamish facility is highly significant as it is the birthplace of Carbon Engineering's core DAC technology. It has been instrumental in proving the technology's viability and serves as a crucial knowledge base for commercial-scale deployments globally.

Values Reflected in HQ: The headquarters embodies values of innovation, sustainability, technological leadership, and a commitment to finding practical solutions for global decarbonization.

Location:

Carbon Engineering's technology is designed for global application. Its presence is expanding from its Canadian R&D base through strategic partnerships and technology licensing for DAC projects worldwide. The acquisition by Occidental Petroleum significantly enhances its global deployment capabilities, leveraging Oxy's international operational footprint. Key project developments are underway in the United States (Texas), with active exploration of opportunities and partnerships in Europe, the Middle East, and other regions aiming to establish large-scale carbon removal facilities.

Street Address:

37321 Galbraith Rd

City:

Squamish

State/Province:

British Columbia

Country:

Canada

Carbon Engineering's Global Presence

Ector County, Texas, USA

Address: Permian Basin (Specific plant address not publicly listed as an 'office')

To capture atmospheric CO2 for secure geologic sequestration and use in enhanced oil recovery (EOR), demonstrating commercial viability of DAC technology and contributing to carbon management in an energy-intensive region.

Houston, Texas, USA

Address: 5 Greenway Plaza, Houston, TX 77046, USA (Occidental Headquarters)

Serves as the corporate and strategic hub for Occidental's global operations, including its low carbon ventures and the deployment of Carbon Engineering's DAC technology.

Buying Intent Signals for Carbon Engineering

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Carbon Engineering

As of April 2025, Carbon Engineering' leadership includes:

Vicki Hollub - President and CEO, Occidental Petroleum (Overseeing Carbon Engineering as a subsidiary)
Richard Jackson - President, U.S. Onshore Resources and Carbon Management, Operations, Occidental (Key role in DAC deployment)
Michael Avery - President and General Manager, 1PointFive (Leads deployment of CE technology in projects like Stratos)
Daniel Friedmann - Senior Advisor (Former CEO of Carbon Engineering, supporting post-acquisition integration and strategy)
David Keith - Founder and Senior Advisor (Pioneering scientist behind CE's technology)

Investors of Carbon Engineering

Carbon Engineering has been backed by several prominent investors over the years, including:

Occidental Petroleum (Current Parent Company)
Chevron Technology Ventures (Historical)
Bill Gates (Historical)
Airbus Ventures (Historical)
Precourt DAE (Historical)
Thomvest Asset Management (Historical)
BC Innovative Clean Energy (ICE) Fund (Historical)
FirstElement Fuel (Historical)
Carbon Order (Historical)
Lowercarbon Capital (Historical)
Kilma Laksola (Historical)

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits1

The most significant executive event for Carbon Engineering in the last 12 months was its acquisition by Occidental Petroleum, finalized in August 2023. This resulted in leadership transitions, with Carbon Engineering's strategic direction now integrated into Occidental's Low Carbon Ventures division. Daniel Friedmann, former CEO of Carbon Engineering, moved into a Senior Advisor role.

Departures

Daniel Friedmann, Daniel Friedmann's tenure as CEO of the independent Carbon Engineering concluded with the company's acquisition by Occidental Petroleum, after which he took on a Senior Advisor role.

New Appointments:

Occidental Leadership (Vicki Hollub, Richard Jackson, Michael Avery et al.), With Carbon Engineering becoming a wholly-owned subsidiary of Occidental, strategic decisions and executive oversight are now managed by Occidental's leadership team responsible for low carbon ventures and carbon management.

Technology (Tech Stack) used by Carbon Engineering

Discover the tools Carbon Engineering uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Carbon Engineering Email Formats and Examples

Prior to its acquisition by Occidental (Oxy), Carbon Engineering likely utilized standard corporate email formats such as [first_initial][last]@carbonengineering.com or [first].[last]@carbonengineering.com. Post-acquisition, employees integrated into Occidental would typically adopt Oxy's email format, which is commonly [first_name].[last_name]@oxy.com. Communications related to Carbon Engineering's technology and projects are now largely managed through Occidental channels.

Historical CE: [first_initial][last]@carbonengineering.com or [first].[last]@carbonengineering.com. Current (Oxy): [first_name].[last_name]@oxy.com

Format

Example (historical CE): jsmith@carbonengineering.com. Example (Oxy related): john.smith@oxy.com

Example

70%

Success rate

News and media

Occidental Petroleum News ReleaseAugust 29, 2023

Carbon Engineering News: Occidental Completes Acquisition of Carbon Engineering

Occidental announced the successful completion of its acquisition of Carbon Engineering Ltd. for approximately $1.1 billion. This strategic move aims to accelerate Oxy's leadership in developing and deploying large-scale Direct Air Capture (DAC) projects, leveraging CE's innovative technology and Oxy's expertise in project management and geologic sequestration....more

ReutersMarch 7, 2024

Carbon Engineering News: Stratos DAC project, using Carbon Engineering technology, on track for mid-2025 start

1PointFive, an Occidental subsidiary, confirmed that its Stratos Direct Air Capture (DAC) plant in Ector County, Texas, is progressing on schedule and is expected to commence operations by mid-2025. The facility, utilizing Carbon Engineering's proprietary technology, aims to be the world's largest DAC plant upon completion, capturing up to 500,000 tonnes of CO2 per year....more

1PointFive News ReleaseApril 29, 2024

Carbon Engineering News: 1PointFive and ADNOC Announce Joint Venture to Develop DAC Facility in the UAE Utilizing Carbon Engineering Technology

1PointFive (an Oxy subsidiary) and Abu Dhabi National Oil Company (ADNOC) announced a joint venture agreement to begin a preliminary engineering and design study for a Direct Air Capture (DAC) facility in the United Arab Emirates. The facility would utilize Carbon Engineering’s DAC technology and is planned to have a capture capacity of up to 1 million tonnes of CO2 per year....more

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