Occidental Petroleum

Oxy aims to combine crude oil with environmental attributes generated from the sequestration of atmospheric CO2 captured with its planned direct-air-capture plant and sequestered in its enhanced-oil-recovery reservoirs in the Permian Basin.

Highlights of what the US oil and gas chief said to SPE members at the recent Hydraulic Fracturing Technology Conference.

The US government is looking to size up efforts related to leak detection and repair practices.

Friction reducers play multiple critical roles in fracturing. A challenge in selecting the best one for the job is the growing evidence that performance varies, but objective performance measurements are lacking.

Incremental gains are not always celebrated, but as two of the biggest oil producers in the US show, they nonetheless can net unrealized savings and new efficiencies.

Occidental Petroleum is planning a carbon-intensive future with revenues from oil expected to be put toward pulling carbon dioxide out of the air.

The Houston-based oil and gas producer says the latest transaction moves its divestment sum past $9 billion.

A lot has been learned about shale, but those working to eke out oil from that ultratight rock still extract more value from data than physics.

Occidental Petroleum has split from some of its larger rivals by rejecting a potential US carbon tax, saying that it prefers the existing system of tax credits.

Recent decisions by US market regulators reflect growing pressure on the largest US oil producers to back up emissions targets with more detailed strategies through disclosures.