Occidental is the No. 4 producer in the deepwater Gulf of Mexico with expansive infrastructure that includes 10 operated deepwater facilities strategically located 600 miles across the Outer Continental Shelf.
Occidental U.S. Offshore Facts
Occidental planning to build the world’s largest direct air capture (DAC) technology facility in the Permian Basin
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
OXY CEO Rejects USA Carbon Tax
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 Unused Pipeline Capacity from Permian
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…
