ConocoPhillips completed a $80m investment in Avnos.

ConocoPhillips, an oil exploration and production services company, completed a $80m investment in Avnos, a Los Angeles-based company developing Hybrid Direct Air Capture technology for carbon dioxide removal, for $80m. “ConocoPhillips is pleased to support Avnos as they develop a promising technology that captures carbon and produces water,” Warwick King, ConocoPhillips Vice President of Low Carbon Technologies.