Full-Time
Confirmed live in the last 24 hours
Sustainable oil and gas production and management
Junior, Mid
No H1B Sponsorship
Roscoe, TX, USA
Relocation will not be provided.
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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 utilizes 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 carbon footprints. 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.
One of the largest oil and gas producers in the United States, Occidental Petroleum (NYSE: OXY), is forming a joint venture with a unit of Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) to produce battery-grade lithium from geothermal brine.
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HOUSTON — December 11, 2023 — Occidental (NYSE: OXY) today announced it entered into a purchase agreement to acquire Midland-based oil and gas producer CrownRock L.P., a joint venture of CrownQuest Operating LLC and Lime Rock Partners, for cash and stock in a transaction valued at approximately $12.0 billion, including the assumption of CrownRock’s debt.
Completion of CrownRock deal delayed as competition watchdog seeks more information
Obermeyer Wood Investment Counsel Lllp invests $364,000 in Occidental Petroleum Co. (NYSE:OXY).
The wave of consolidations in the US shale belt continued Tuesday as it was announced Occidental Petroleum had agreed to buy rival Crown...
BlackRock and Texas-based Occidental Petroleum announced an ambitious joint venture at the end of 2023 to develop the world's largest Direct Air Capture (DAC) plant.
Ingalls & Snyder LLC makes new $11.81 million investment in Occidental Petroleum Co. (NYSE:OXY).
Berkshire Hathaway Inc. has bought nearly $590 million of Occidental Petroleum Corp. stock this week, after the Texas oil company agreed to buy private Permian producer CrownRock LP in one of the biggest energy deals of the year.
Deal follows recent consolidation acquisitions by ExxonMobil, Chevron. [Image credit: Oxy]
Seven Eight Capital LP makes new investment in Occidental Petroleum Co. (NYSE:OXY).
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HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that a wholly owned subsidiary has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion, to be made in three approximately equivalent annual payments, with the first at closing. This transaction is expected to close before the end of 2023, subject to Canadian court reviews, Canadian and U.S. regulatory approvals and other customary closing conditions.Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Acquiring Carbon Engineering aligns with Occidental’s integrated net-zero strategy and provides Occidental, through its 1PointFive subsidiary, the opportunity to rapidly advance DAC technology breakthroughs and accelerate deployment of DAC as a large-scale, cost effective, global carbon removal solution
NET Power, LLC (“NET Power”) and Rice Acquisition Corp. II (NYSE: RONI) (“RONI”) today announced an additional $275 million of PIPE commitments in con