Velocys signs CCUS agreement with Oxy

US South East Mississippi Copyright klenger

Velocys, Inc., a wholly owned subsidiary of Velocys plc, has signed an agreement with Oxy Low Carbon Ventures, LLC (OLCV), to capture carbon dioxide (CO2) from Velocys’ planned Bayou Fuels biomass-to-fuels project in Natchez, Mississippi, and store it underground.

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