Oxy operates power cogeneration facilities with a combined capacity of 1,500 megawatts and 1.7 million pounds per hour of steam. These plants generate the electricity and steam needed to power some of our OxyChem facilities in Texas and …

Oxy is developing and investing in numerous technologies and approaches to help develop lower-carbon fuels and products. A big part of this innovation involves removing emissions directly from the atmosphere while simultaneously working toward global emissions reduction.

Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.

Apr 7, 2025 · Warren Buffett’s massive bet on Occidental Petroleum shows how he’s evolved from past oil mistakes to future-ready investments.

Apr 8, 2025 · Environmental groups worry direct carbon capture is not the silver bullet to curb climate change many energy companies purport it to be.

Oxy is the Permian’s leader in Enhanced Oil Recovery (EOR). In these operations, CO 2 is injected and permanently stored in oil and gas reservoirs during production to improve efficiency, economics and environmental sustainability.

Sep 15, 2016 · This paper presents a thorough thermodynamic analysis and optimization of the NET Power cycle (also called Allam cycle), a natural-gas-fired oxy-combustion cycle featuring nearly 100% CO 2 capture level, very high net electric efficiency, and …

Oxy-fuel combustion is a fairly new approach to power generation. The process uses air that is stripped of other elements like argon and nitrogen until it’s highly concentrated oxygen. It is then combined with a fuel, usually either coal or natural gas, into a stream of carbon dioxide (CO 2) inside a combustor.

Oxy-combustion power production provides oxygen to the combustion process by separating oxygen from air. However, the capital cost, energy consumption, and operational challenges of oxygen separation are a primary challenge of cost-competitive oxy-combustion systems.

Oct 9, 2024 · Occidental Petroleum has grown more vocal and enthusiastic about NET Power, a vendor of technology for low-emissions power generation derived from natural gas. Oxy intends to harness the technology to help power its upstream operations in the Permian Basin, and potentially its future direct air capture facilities.