Occidental Petroleum Corp.

Occidental today announced its third quarter 2022 financial results. The announcement and 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 on Wednesday, November 9, 2022, at 1 p.m. Eastern/12 p.m. Central. The conference [...]

Occidental announced today that its Board of Directors has declared a regular quarterly dividend of $0.13 per share on common stock payable on January 17, 2023, to stockholders of record as of December 12, 2022. 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 producers in the U.S., including a leading [...]

Occidental and its subsidiary 1PointFive and King Ranch, a privately-held agricultural production and resource management company, today announced a lease agreement to support large-scale Direct Air Capture projects for dedicated carbon dioxide sequestration on 106,000 acres in Kleberg County, Texas. The agreement provides access to land for the potential to remove up to 30 million metric tons of CO2 per year through DAC [...]

Natural Resource Partners L.P. and Occidental's Low Carbon Ventures subsidiary, today announced the execution of an agreement for the evaluation and potential development of a permanent carbon dioxide sequestration hub located in southeast Texas. OLCV expects the development of the project will be completed by its subsidiary 1PointFive. This press release features multimedia. View the full release here [...]

Occidental's Low Carbon Ventures subsidiary and Natural Resource Partners L.P. , today announced the execution of an agreement for the evaluation and potential development of a permanent carbon dioxide sequestration hub located in southeast Texas. OLCV expects the development of the project will be completed by its subsidiary 1PointFive. The agreement provides OLCV with the exclusive rights to develop a CO2 sequestration [...]

Occidental will announce its third quarter 2022 financial results after close of market on Tuesday, November 8, 2022, and will hold a conference call to discuss results on Wednesday, November 9, 2022, 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 [...]

Western Midstream Partners, LP today announced that it executed a letter of intent with a subsidiary of Occidental Petroleum Corp. , with the objective of pursuing opportunities to produce and deliver low-carbon intensity oil and gas products to market through the development of carbon dioxide capture, transportation, utilization and sequestration opportunities in and around their existing asset bases in the Texas [...]

Plant will advance large-scale carbon capture to help Oxy and others reduce emissions and accelerate their respective paths to net zero Captured carbon can be safely and securely sequestered in saline formations or used to produce low carbon products HOUSTON, Aug. 25, 2022 -- Occidental and its subsidiary 1PointFive today announced they plan to begin detailed engineering and early site construction for their first [...]

EnLink Midstream Operating, LP , a subsidiary of EnLink Midstream, LLC , and Oxy Low Carbon Ventures, LLC , a subsidiary of Occidental , today announced they have executed a letter of intent for a Transportation Services Agreement . Under the terms, EnLink would provide CO2 transportation services for OLCV along the Mississippi River corridor from Waggaman to Baton Rouge in Louisiana. EnLink would utilize existing and new [...]

Enterprise Products Operating LLC , a subsidiary of Enterprise Products Partners L.P. , and Oxy Low Carbon Ventures, LLC , a subsidiary of Occidental , today announced they have executed a letter of intent to work toward a potential carbon dioxide transportation and sequestration solution for the Texas Gulf Coast. The joint project would initially be focused on providing services to emitters in the industrial corridors [...]