Meanwhile, Occidental has run four pilot tests in the Midland basin using carbon dioxide for enhanced recovery. The early ...

U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.

We recently published a list of 11 Best Crude Oil Stocks To Buy Right Now. In this article, we are going to take a look at ...

Discover why Warren Buffett’s Berkshire Hathaway owns 28% of Occidental Petroleum (OXY), a Permian Basin giant, and if its ...

Occidental Petroleum Corporation (NYSE:OXY) is a major integrated energy company ... Major projects including Stratos and the battleground modernization project are progressing, with Stratos ...

Detailed price information for Occidental Petroleum Corp (OXY-N) from The Globe and Mail including charting and trades.

Hollub added that Oxy’s second priority is to advance its major projects safely and reliably, bringing STRATOS online this year and keeping the Battleground chemical plant modernization and ...

OXY has been active in these investments and specifically in the Permian Basin it has worked with carbon and storage for 40 years already. With the STRATOS construction OXY, will have 250 KTPA in ...

Its first large DAC plant, called Stratos, is slated to come online this year in Texas, and the company has plans for an even bigger project at King Ranch that was awarded federal funding in 2023.

The first phase of Stratos, Occidental Petroleum’s (Oxy) massive direct air capture (DAC) project, is nearly complete as it moves closer to the start of operations later this year, company executives ...

Occidental Petroleum reported record U.S. production and strong cash flow in the fourth quarter. The oil company achieved its near-term debt reduction target seven months early. It has several ...

Oxy outperformed across all three segments in ... As construction in West Texas moved forward on STRATOS, our teams in Squamish, British Columbia focused on enhancing DAC technology.