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HomeOxy

Oxy

Big Oil Companies

Chevron Falls After Posting Disappointing Quarterly Result

January 29, 2023 Mariel Alumit

Chevron Corp. posted disappointing fourth-quarter results, just days after surprising investors with a mammoth $75 billion share-buyback program, as the oil giat disclosed a surprise jump in corporate costs.Profit excluding one-time items was $4.09 a […]

17 biggest energy companies in the US
Big Oil Companies

17 Biggest Energy Companies in the US

December 26, 2022 Mariel Alumit

In this piece, we will take a look at the 17 biggest energy companies in the U.S. For more companies, head on over to 5 Biggest Energy Companies in the U.S. America is one of the […]

Energy
Investments

Why Energy Stocks Plunged on Thursday

December 23, 2022 Mariel Alumit

Good economic data was bad for energy stocks today. What happened  The energy industry was hit hard on Thursday by a number of factors from falling prices to a speculation about higher interest rates. Markets […]

Occidental
Carbon Capture

Occidental Petroleum investing heavily in low carbon future

November 28, 2022 Mariel Alumit

Occidental Petroleum may be one of the dominant oil and gas producers in the Permian Basin, but the company envisions a low-carbon future. The company has established a low-carbon business unit and is investing heavily […]

Western Midstream
Crude Oil News

Western Midstream and Occidental Sign Letter of Intent to Explore Carbon Capture, Transportation, Sequestration, and Utilization Opportunities

October 4, 2022 Mariel Alumit

HOUSTON, Oct. 03 /BusinessWire/ — Western Midstream Partners, LP (NYSE:WES) (“WES” or the “Partnership”) today announced that it executed a letter of intent (“LOI”) with a subsidiary of Occidental Petroleum Corporation (NYSE:OXY) (“Oxy”), with the […]

Johnathan Grammer - we can solve the global economy's problems with carbon capture
Carbon Capture

“We can solve the global economy’s problems with the implementation of Carbon Capture” – Johnathan R. Grammer, CEO U.S. Carbon Capture

August 23, 2022 Stu Turley

Johnathan R. Grammer, CEO of U.S. Carbon Capture, stopped by the podcast, and we talked about one of the key elements in supplying low-cost energy to the world’s population: reducing the environmental impact of fossil […]

Oxy
Finance

Buffett Boosts Oxy Stake

August 15, 2022 Mariel Alumit

A recent SEC filing has revealed that Warren Buffett’s Berkshire Hathaway acquired just under seven million more Occidental Petroleum shares for a price of over $390 million. According to the filing, on August 4, 2,231,566 […]

Occidental Petroleum
Earnings

Occidental Petroleum Bucks Oil Profit Trend With Lower Q2 Profit

August 3, 2022 Mariel Alumit

Occidental Petroleum reported a net profit of $3.6 billion for the second quarter of the year, down from $4.7 billion for the first quarter, boasting the highest quarterly free cash flow. The adjusted income attributable […]

Occidental Petroleum
Carbon Capture

HOW CAN OIL AND GAS COMPANIES LEAD THE WAY TO CARBON NET-ZERO?

June 28, 2022 Mariel Alumit

Major oil companies have taken different approaches to the 21st-century vision of searching for Carbon Net-Zero. Exxon, Chevron, Shell, BP, and TotalEnergies have all expressed that they are now “energy” companies and using their profits […]

Occidental
Carbon Capture

Occidental CEO: CO2 a realistic, reliable tool to achieve net-zero

June 20, 2022 Mariel Alumit

Any relationship, whether personal or professional, is only as strong and stable as the communication between its parties. If you ask Vicki Hollub, president and CEO of Occidental Petroleum, that is especially true for the […]

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