Occidental uses EOR processes such as carbon dioxide (CO2) flooding to significantly extend the economic life of producing fields
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, 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