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.
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…
OXY announced today the delivery of two million barrels of carbon-neutral oil1 to Reliance Industries in India.