Occidental, through its development joint venture 1PointFive, is planning to build the world’s largest DAC facility in the Permian Basin using technology developed by Carbon Engineering. Occidental has been safely and permanently
A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint
Occidental Petroleum Pipeline Permian decline in Occidental Petroleum Corp.’s oil production in the Permian Basin has left the company with so much unused capacity on pipelines to the Gulf Coast that the problem will drive a midstream loss of as much as $750 million this year. Occidental said that total…
