Occidental

Oil Exploration

Occidental Announces Gulf of America Oil Discovery at Bandit

April 09 ,Occidental announced an oil discovery at the Bandit prospect in the Gulf of America, about 125 miles south of the Louisiana coast. The exploration wel…

Natural Gas

Occidental Reports Quarterly Profit Beat on Strong Output, Natural Gas Prices

Occidental Petroleum announced on Wednesday that its first-quarter profit for 2025 exceeded Wall Street expectations, driven by robust production and favorable …

Crude Oil

Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1

On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…

Carbon Capture

Occidental’s 1PointFive Receives Permits to Sequester CO2 at Texas Facility

Occidental Petroleum’s unit, 1PointFive, announced on Monday, April 7, 2025, that the U.S. Environmental Protection Agency (EPA) has approved its applicat…

CCS

US EPA Approves Texas’ First CO2 Injection Well

The U.S. Environmental Protection Agency (EPA) granted Texas its first permit for carbon dioxide injection and storage on Monday, April 7, 2025. Occidental&rsqu…

Crude Oil

Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension

Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of…

Oil Exploration

Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia

Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary …

Oil Price

Occidental CEO Warns US Is at Risk of Losing Energy Independence

Occidental Petroleum Corp. warned that US energy independence is at risk of slipping away if shale output plateaus and begins to decline.It’s going to sta…

Carbon Emissions

Occidental’s 1POINTFIVE to Get up to $500M US DOE Funding for South Texas DAC Hub

US DoE to award up to $500m to Occidental’s 1PointFive for the South Texas DAC hub. (Credit: Michael from Pixabay)Occidental’s fully owned subsidiar…

Renewable Energy

Occidental’s 1POINTFIVE Secures Funding of up to $500 Mln From US DOE

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Oil & Gas Trade

Occidental Completes $12BN Acquisition of Midland Basin Operator Crownrock

Occidental closes acquisition of CrownRock. (Credit: tzevena from Pixabay)Occidental has wrapped up the previously announced $12bn acquisition of US-based Midla…

Geothermal Power Project

Occidental, Bhe Renewables Collaborate for Geothermal Lithium Extraction in California

Announcement of joint venture between BHE Renewables and OXY (source: OXY)Hydrocarbon and petrochemical company Occidental Petroleum (OXY) has announced a joint…

Oil & Gas Trade

Occidental Petroleum Says Crownrock Deal Could Close by August

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Oil & Gas Trade

Occidental Explores Sale of Permian Assets Worth Over $1 Billion, Sources Say

The unstaffed lobby of the North Dakota regional headquarters of oil producer Occidental Petroleum Corp is seen in Dickinson, North Dakota in this October 14, 2…

Oil & Gas Trade

US Democrats Urge Antitrust Regulator to Probe Oil, Gas Mergers

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…