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Low Carbon Ventures Investor Update: March 23

The webcast and presentation materials are now available from our Low Carbon Ventures Investor Update on March 23, 2022.

Expanding Opportunity and Human Achievement

We 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. 

Across our operations, we connect. We progress. We innovate. We Zero In.

Performance Production

Performance Production

For 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 Chemistry

Essential Chemistry

OxyChem 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 Innovation

Carbon Innovation

As 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 Production

For 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 Production

Essential Chemistry

OxyChem 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 Chemistry

Carbon Innovation

As 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 Innovation
NYSE
OXY
Price ($)
70.86
Change
2.20 (3.20%)
Volume
20,843,910

Our Net-Zero Pathway

Throughout 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.

Sustainability

Oxy 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 Sustainability

Build the world’s future
while building yours

At 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.

Mileposts on our journey to net zero