More so than any other fossil fuel company, Occidental Petroleum — known as Oxy — has built its climate strategy around innovations that capture carbon before it can be emitted or pull it directly out ...

Since December 2, 2023, I’ve waited with anticipation for the oil and gas industry’s plan to decarbonize. That day, at COP28 in Dubai, 50 fossil fuel companies representing 40% of global oil ...

The oil industry is facing an uncertain future. The global economy is in the midst of a multidecade transition to cleaner fuel sources to reduce its carbon emissions profile. Many countries and ...

The world doesn’t need any new investments in oil and gas beyond what is already approved if it hopes to achieve net-zero emissions by 2050, the International Energy Agency (IEA) said on Tuesday, ...

Giant machines sucking carbon dioxide out of the air to fight climate change sounds like science fiction, but it's poised to be reality, with billions of dollars of support from the U.S. government.

Finally made to reckon with the climate crisis, most oil companies are turning to clean-energy technologies. Not Occidental Petroleum. Akshat Rathi talks to Oxy CEO Vicki Hollub to find out why. Under ...