Saturday, 10 May 2025

Focus on Occidental Petroleum Corporation

The Stratos Direct Air Capture Facility (DAC), a joint venture between Occidental Petroleum (OXY) and asset manager BlackRock, is seen in Ector County, Texas, U.S., July 28, 2024.  REUTERS/Adrees Latif/ File Photo
BusinessCarbon ManagementElectricityFuelInfrastructureNews

Earthquakes and blowouts undermine case for carbon storage in Texas

Carbon sequestration is vital to U.S. government goals to reduce emissions that cause global warming.

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Ring Energy Announces Addition to Management Team

THE WOODLANDS, Texas, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the addition...

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Occidental Announces Third Quarter 2024 Results

HOUSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its third quarter 2024 financial results. The earnings release and accompanying...

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Occidental Announces Dividend

HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors declared a regular quarterly dividend of...

FILE PHOTO: U.S. President Donald Trump greets Harold Hamm after he was introduced by Hamm at the Shale Insight 2019 Conference in Pittsburgh, Pennsylvania, U.S., October 23, 2019. REUTERS/Leah Millis/File Photo
BusinessCarbon ManagementClimate FinanceEconomyElectionsLegislationNewsPolitics

Trump hates Biden’s climate law. His allies are making money from it

Donald Trump promises to cut Biden's climate subsidies if elected. Yet many of his allies benefit from them through clean energy investments.

FILE - A liquid carbon dioxide containment unit stands outside the fabrication building of Glenwood Mason Supply Company, April 18, 2023, in the Brooklyn borough of New York. (AP Photo/John Minchillo, File)
BusinessCarbon ManagementEmissionsRegulationsReports

Carbon removal industry calls on U.S. government for regulation in new industry report

The unregulated carbon removal industry urges U.S. standards to improve transparency amid billions in new funding.

FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, 2019.    REUTERS/Nick Oxford/File Photo
News

US energy deals drop in Q3 to $12 billion after year-long frenzy

U.S. oil mergers fell to $12 billion last quarter, the lowest in six quarters, after 2023's record consolidation wave in shale.

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessNewsOil

US energy companies’ shares rise as Middle East crisis sparks supply fears

U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.

News Release

Occidental to Announce Third Quarter Results Tuesday, November 12, 2024; Hold Conference Call Wednesday, November 13, 2024

HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its third quarter 2024 financial results after close of market on...

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