"I love Oxy | Zero In"

2022-05-06 15:24:32

Skip to contentAboutOperationsInvestorsNewsSustainabilityCareersSearchOverviewOur DEI CommitmentLeadershipContact UsOverviewPerformance ProductionOverviewMidstream and PowerEOREssential ChemistryOverviewChlor-Alkali ProductsVinyl ProductsChlorinated OrganicsOther EssentialsOxyChem SustainabilityDoing Business with OxyChemSDS SearchCarbon InnovationOverviewProjects and VenturesTechnical Advisory ServicesPartnerships and ResourcesContact UsOverviewFinancial InformationOverviewSEC FilingsAnnual Reports & Proxy InformationQuarterly EarningsStockholder ResourcesOverviewDividend HistoryHistorical Stock LookupStockholder FAQsStockholder ContactsLCV Investor UpdateGovernanceOverviewGovernance PoliciesBoard of DirectorsBoard CommitteesCode of Business ConductPolitical Contributions and LobbyingExecutive Stock Ownership GuidelinesUK Tax StrategyContact UsOverviewPublicationsVideo LibraryWeather UpdateContact UsOverviewPrinciples of GovernancePlanetPeopleProsperityContact UsOverviewExplore CareersOverviewExperienced ProfessionalsStudents & GraduatesLife at OxyOverviewBenefits and Total RewardsDiversity, Inclusion and BelongingTalent DevelopmentFind a JobZero InOxy is taking bold steps to innovate for a lower-carbon future. We’re forging new pathways to reduce emissions across our energy and chemical operations while providing products and services to help others do the same, with the ambition of achieving net zero.Learn more about how we Zero In™2021 Climate ReportProducing vital energy to sustain people and our planetWe continuously enhance our operations to deliver the energy that lifts up societies and economies around the world, while innovating new approaches to advance global sustainability.Explore Oxy Performance ProductionEssential chemistry for indispensable purposesA world leader in essential chemicals, we improve lives with indispensable products used for water purification and disinfection, pharmaceuticals and medical supplies, construction materials, automotive, refrigerants and more, with a commitment to safety and sustainability.Explore Oxy Essential ChemistryAdvancing a low-carbon futureWe advance visionary technologies that accelerate global emissions reduction in our own operations and other industries, including a first-of-its-kind Direct Air Capture facility in the Permian Basin.Watch: Leading the WayExplore Oxy Carbon Innovation0000PreviousNextLow Carbon Ventures Investor Update: March 23The webcast and presentation materials are now available from our Low Carbon Ventures Investor Update on March 23, 2022.Webcast ReplayEvent DownloadsExpanding Opportunity and Human AchievementWe are taking action to achieve diversity, equity and inclusion (DEI) within our workforce and in the broader community, with the goal of improving lives and making the world a more equitable place.Our DEI CommitmentAcross our operations, we connect. We progress. We innovate. We Zero In.Performance ProductionPerformance ProductionFor more than a century, our high-performing teams have driven advancements in the production of energy. Today we’re applying our culture of innovation to help solve our planet’s most pressing environmental challenges. We have built safe, efficient operations that harness the power of large-scale CO2 storage technology to drive our enhanced oil recovery (EOR) programs. At the same time, we're taking concrete steps on the ground to reduce our emissions.Essential ChemistryEssential ChemistryOxyChem plays a critical role in creating products that improve lives, advance society and uplift the global community. We develop and manufacture chemical products used to purify water, build communities and vehicles, create climate-friendly refrigerants and produce life-saving pharmaceuticals and medical supplies. We focus on safe and sustainable manufacturing operations as we pursue a lower-carbon future.Carbon InnovationCarbon InnovationAs we take bold steps to reduce emissions across every facet of our business, we’re creating the future. Utilizing our robust CO2 management infrastructure, we are accelerating carbon capture, utilization and storage (CCUS), direct air capture and other visionary technologies to decarbonize our operations and help other industries do the same.Performance ProductionFor more than a century, our high-performing teams have driven advancements in the production of energy. Today we’re applying our culture of innovation to help solve our planet’s most pressing environmental challenges. We have built safe, efficient operations that harness the power of large-scale CO2 storage technology to drive our enhanced oil recovery (EOR) programs. At the same time, we're taking concrete steps on the ground to reduce our emissions.Explore Performance ProductionEssential ChemistryOxyChem plays a critical role in creating products that improve lives, advance society and uplift the global community. We develop and manufacture chemical products used to purify water, build communities and vehicles, create climate-friendly refrigerants and produce life-saving pharmaceuticals and medical supplies. We focus on safe and sustainable manufacturing operations as we pursue a lower-carbon future.Explore Essential ChemistryCarbon InnovationAs we take bold steps to reduce emissions across every facet of our business, we’re creating the future. Utilizing our robust CO2 management infrastructure, we are accelerating carbon capture, utilization and storage (CCUS), direct air capture and other visionary technologies to decarbonize our operations and help other industries do the same.Explore Carbon InnovationNYSEOXYPrice ($)64.23Change1.94 (3.11%)Volume24,976,100May 06 2022 | 03:00PM | NYSEVisit Investor CenterOur Net-Zero PathwayThroughout 2021, Oxy engaged with our shareholders, government leaders, our value chain partners and environmental NGOs to strengthen our sustainability program and industry-leading pathway to net zero. The Transition Pathway Initiative (TPI) identified Oxy in November 2021 as one of only three oil and gas companies that "have set emissions reduction targets which are ambitious enough to reach Net Zero by 2050 and to align with TPI’s 1.5°C benchmark.” We provided more details on our net-zero strategy, including new interim 2024 and 2032 goals. We endorsed the Oil & Gas Methane Partnership 2.0 and published our Climate Policy Positions and Climate Advocacy and Engagement. We were the first U.S. upstream oil and gas company to enter into sustainability-linked credit facilities, under which the fees we pay are tied to GHG emission reductions.Learn MoreRead 2021 Climate ReportSustainabilityOxy is an energy company, a chemical manufacturer and a carbon management leader. Strong environmental, social and governance (ESG) performance is central to everything we do and everything we stand for. Our goal is to work toward delivering net-zero products and solutions across our company, our industry and, ultimately, our world.Explore SustainabilityBuild the world’s futurewhile building yoursAt Oxy we’re leading the way to a cleaner, more sustainable energy future through carbon capture and other leading-edge technologies. To get there, we’ll need big thinkers with big ambitions for their careers, our company, our industry and our planet. Sound like you? Join us.Explore CareersMileposts on our journey to net zeroDirect Air Capture: Groundbreaking technology in the PermianThe front-end engineering and design study is underway for our first Direct Air Capture (DAC) plant in the Permian Basin. When construction is complete, it will be the largest facility of its kind in the world. Oxy formed 1PointFive, a development company, to finance and deploy Carbon Engineering's large-scale DAC technology for this groundbreaking project. Artist rendering shown.Goldsmith: Powering our field operations with solar to reduce carbon intensityOxy has built a large-scale solar facility in the heart of its Permian Basin operations near Odessa, Texas. The 120-acre facility uses 174,000 solar panels to generate 16 MW of electricity, the equivalent of powering about 14,000 homes. This solar farm provides energy to power our Goldsmith oilfield operations, zeroing out the carbon footprint of electricity used in the field and signficantly reducing the field's carbon intensity.Cemvita Factory: Giving CO2 a greater purpose and in turn reducing emissionsOxy is partnering with Cemvita Factory to develop advanced chemistry that will prevent CO2 from being emitted by using it as a feedstock for sustainable production of vital chemicals and polymers. Once constructed, the pilot plant will employ an alternate bio-ethylene production process that uses only CO2, water and light, greatly reducing manufacturing costs and carbon emissions.Back to TopOxyChem Customer PortalRoyalty Interest OwnersOEMI Royalty OwnersAccessibility PolicyMedia DisclaimerPrivacy PolicyTerms of UseContact UsConnect with Oxy:Follow Oxy on LinkedInFollow Oxy on TwitterFollow Oxy on YouTubeFollow Oxy on InstagramFollow Oxy on Facebook© Occidental Petroleum Corporation