Full-Time
Confirmed live in the last 24 hours
Sustainable oil and gas production and management
Senior
No H1B Sponsorship
Houston, TX, USA
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Occidental Petroleum operates in the energy sector, focusing on sustainable and low-cost oil and gas operations. The company has a diverse range of assets across the United States, Middle East, Africa, and Latin America. It uses advanced technology to improve operational efficiency and is recognized as a leader in carbon management, aiming to reduce emissions in the industry. Occidental serves various clients, including governments and corporations, and stands out from competitors by prioritizing sustainability and environmental responsibility. Their goals include achieving net zero emissions in operations by 2040 and from products by 2050. The company also invests in renewable energy, such as solar power, to lower costs and reduce its carbon footprint. Additionally, Occidental is a pioneer in adopting environmental, social, and governance (ESG) metrics, demonstrating its commitment to sustainable practices.
Company Size
10,001+
Company Stage
IPO
Total Funding
$632.3M
Headquarters
Houston, Texas
Founded
1920
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DENVER, Oct. 31, 2024 (GLOBE NEWSWIRE) - IOTA Software Inc., a leading developer of industrial and business data visualization software, announced today that it has secured $10.4 million in Series A2 funding led by the Altira Group with participation from Oxy Technology Ventures and existing investors, including Aramco Ventures and Second Avenue Partners.
Occidental Petroleum is relying on IRA funding to develop direct air capture (DAC) technology, which will be needed to capture and sequester the hardest-to-reach GHG emissions from jet travel.
Occidental Petroleum recently acquired high-margin assets from CrownRock and aims to lead the carbon capture and storage (CCS) market, a sector potentially worth $3 trillion.
Occidental Petroleum has signed a memorandum of understanding to work with nuclear fusion player TAE Technologies on potential applications of the emissions-free power source in the oil company's direct air capture (DAC) projects.
On June 7, 2024, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway made a significant addition to its investment portfolio by acquiring 2,565,477 shares of Occidental Petroleum Corp (NYSE:OXY). This move further solidifies Berkshire Hathaway's position as a major stakeholder in the oil and gas sector.