Oxy Low Carbon Ventures , a subsidiary of Occidental , and TAE Technologies, a global leader in fusion energy development, today announced they have signed a memorandum of understanding to explore commercial opportunities that use TAE's fusion technology to provide emissions-free power and heat for Direct Air Capture facilities. Fusion technology has the potential to deliver emissions-free, continuous and on-demand energy [...]
LiTHOS Group Ltd. is pleased to announce it has entered into a non-binding letter of intent with 1481450 B.C. Ltd. , dated June 5th, 2024, pursuant to which the Company would acquire all of the outstanding securities of 1481450 from the securityholders of 1481450 . 1481450 has entered into an Agreement, and, at the time of Closing , will hold all of the outstanding securities of Reservoir Imaging Solutions LLC , a private [...]
Occidental and BHE Renewables, a wholly owned subsidiary of Berkshire Hathaway Energy, today announced they formed a joint venture for the demonstration and deployment of TerraLithium's Direct Lithium Extraction and associated technologies to extract and commercially produce high-purity lithium compounds from geothermal brine. TerraLithium, a wholly owned subsidiary of Occidental, has patented DLE technologies that have [...]
Select Water Solutions, Inc. , a leading provider of sustainable water and chemical solutions to the energy industry, today announced their collaborative efforts with Occidental at the South Curtis Ranch treatment facility in the Midland Basin has successfully treated and recycled 50 million barrels of produced water. Operational since March 2021, this permanent facility showcases the commitment of both companies to [...]
Occidental today announced its first quarter 2024 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call to discuss the results on Wednesday, May 8, 2024, at 1 p.m [...]
Occidental announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on July 15, 2024, to stockholders of record as of the close of business on June 10, 2024. About Occidental Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the [...]
Occidental will announce its first quarter 2024 financial results after close of market on Tuesday, May 7, 2024, and will hold a conference call to discuss results on Wednesday, May 8, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at oxy.com/investors. Participants may pre-register for the conference call at [...]
Occidental today announced its fourth quarter 2023 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call to discuss the results on Thursday, February 15, 2024, at 1 [...]
Occidental announced today that its Board of Directors declared a regular quarterly dividend of $0.22 per share on common stock, payable on April 15, 2024, to stockholders of record as of the close of business on March 8, 2024. On an annual basis, the dividend is $0.88 per share at the new rate, compared to the previous annual rate of $0.72 per share. About Occidental Occidental is an international energy company with [...]
Occidental will announce its fourth quarter 2023 financial results after close of market on Wednesday, February 14, 2024, and will hold a conference call to discuss results on Thursday, February 15, 2024, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 or via webcast at oxy.com/investors. Participants may pre-register for the conference call at [...]
Occidental announced today that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world's largest Direct Air Capture facility, in Ector County, Texas. Through a fund managed by its Diversified Infrastructure business, BlackRock has signed a definitive agreement to form a joint venture with Occidental through its subsidiary 1PointFive that will own STRATOS. STRATOS is designed to [...]
Occidental today announced its third quarter 2023 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company's website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission's website at sec.gov. The company will hold a conference call to discuss the results on Wednesday, November 8, 2023, at 1 p.m [...]
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