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Occidental Petroleum Opposes Carbon Tax, Says CEO Vicki Hollub

2021-04-07 11:25:00| OGI

A carbon tax would be bad for a lot of the industry, a carbon tax would be bad for the consumers and especially for those consumers who are more disadvantaged from an economic standpoint, says Occidental Petroleum CEO Vicki Hollub.

Tags: tax ceo carbon petroleum

 

Occidental Unit, Cemvita Factory to Develop Pilot Plant for CO2-to-Bio-ethylene Technology

2021-04-06 15:06:51| OGI

The pilot project will scale up the process that was successful in laboratory tests, which showed the OLCV-Cemvita technology is competitive with hydrocarbon-sourced ethylene processes.

Tags: technology unit develop plant

 
 

Occidental Petroleum in Talks to Sell Ghana Asset for over $500 Million

2021-04-01 20:15:00| OGI

The acquisition of Occidental Petroleums stakes offshore Ghana would be the first investment for Boru Energy, led by former Tullow Oil CEO, which Carlyles international energy fund CIEP launched in 2019.

Tags: sell million asset talks

 

Occidental Petroleum Ties Low-carbon Business Targets to CEO Bonus

2021-03-29 11:00:00| OGI

Occidental Petroleum increased the weight assigned to its emissions reductions and low-carbon ventures unit to 30% of CEO Vicki Hollubs target bonus, according to its proxy filing.

Tags: business bonus ceo targets

 

Occidental to Develop CO2 Sequestration Hub for South Texas LNG Project

2021-03-25 23:25:00| OGI

Occidentals venture capital arm, Oxy Low Carbon Ventures, agreed to offtake and transport CO from NextDecades planned Rio Grande LNG project and permanently sequester it in an underground geologic formation.

Tags: south project develop texas

 

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