Occidental Petroleum's (NYSE:OXY) first direct air capture hub is on track to begin capturing carbon dioxide later this year, ...

Occidental’s first direct air capture (DAC) hub is set to begin capturing carbon dioxide later this year, chief executive ...

Earnings Call Insights: Occidental Petroleum Corporation (NYSE:OXY) Q4 2024 Management View President & CEO Vicki Hollub highlighted that 2024 was marked by strategic execution, achieving $4.9 ...

STRATOS is designed to capture up to 500,000 tonnes of CO 2 per year and is on-track to start commercial operations in 2025. About Occidental ...

Hollub urged policy makers not only to maintain the existing 45Q tax credit, but to tweak it so the credit for carbon dioxide used in enhanced oil recovery is at parity.

Hollub sees peak US production happening sometime between 2027 and 2030. She said carbon dioxide-based enhanced oil recovery could be the next step in America’s energy evolution after the shale ...