Occidental Petroleum's CEO emphasizes the need for 45Q tax credits to fund CO2 capture projects extending U.S. energy ...
Two years ago, oil and gas company Occidental bought carbon capture startup Carbon Engineering. Now, we have a better idea ...
Vicki Hollub; President and Chief Executive Officer; Occidental Petroleum Corp Sunil Mathew; Senior Vice President and Chief Financial Officer; Occidental Petroleum Corp Kenneth Dillon; Senior Vice ...
Direct air capture ‘needs to work for the United States’, says chief of Occidental, which has DAC projects in play ...
Occidental, the oil giant that has tried to fashion itself as a climate tech leader, is being real clear now about capturing ...
Occidental Petroleum (NYSE: OXY) unveiled a very bold move at the end of 2023. The oil producer agreed to buy CrownRock for ...
Yet on Occidental’s earnings call this week, CEO Vicki Hollub changed the tune, saying that injecting CO 2 into wells to force out more oil was imperative to boosting oil production.
Hollub essentially characterized the use of captured carbon for enhanced oil recovery as the biggest boon for fossil fuels since fracking enabled the US shale revolution. “Taking CO2 out of the ...