Occidental’s 1PointFive secures up to $500 million to advance Texas carbon capture hub
Occidental’s 1PointFive secures up to $500M from the U.S. DOE to develop a South Texas carbon capture hub, advancing DAC tech for decarbonization.
1PointFive’s South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding
HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy’s Office...
US Gulf Coast residents flee, oil production shut as Francine intensifies
Energy companies began evacuating offshore workers and shut-in output at several production platforms ahead of the storm.
US oil firms evacuate staff, cut drilling ahead of Storm Francine
U.S. Gulf oil producers evacuate staff, halt output as Tropical Storm Francine threatens Texas and Louisiana coasts.
Occidental Announces Continued Progress on Debt Reduction and Divestiture Initiatives
Achieved $3 billion in principal debt reduction in the third quarter of 2024Public offering of a portion of Occidental’s common units of Western...
US shale companies produce more crude using fewer rigs
Greater operating efficiencies in the top U.S. shale patch are squeezing out more oil without higher spending, according to the numbers.
Occidental Announces Launch of Secondary Offering
HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced the launch of an underwritten secondary public offering of 29,560,619 shares...
Occidental Announces Second Quarter 2024 Results
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its second quarter 2024 financial results. The earnings release and accompanying...
Occidental closes $12 billion CrownRock deal
Occidental Petroleum said on Thursday it has closed its $12 billion deal to buy CrownRock.
