Occidental Petroleum
Occidental Petroleum Corporation (Oxy) is an international energy company with assets primarily in the United States, Middle East, and North Africa. It is one of the largest oil producers in the Permian Basin and a leading producer in the U.S. onshore. The company's principal businesses include oil and gas exploration and production, and its OxyChem subsidiary manufactures and markets basic chemicals. Oxy is also at the forefront of advancing carbon management technologies, particularly through its 1PointFive subsidiary, which focuses on developing and deploying Direct Air Capture (DAC) technology.
About Us
Founded in 1920, Occidental Petroleum has grown to become a global leader in the energy sector. With a strong operational presence in core regions like the Permian Basin, the company focuses on responsible and efficient extraction of oil and natural gas. Through its OxyChem segment, it produces a wide range of essential chemicals, including chlor-alkali products, vinyls, and epoxies. In recent years, Oxy has committed significant resources to innovation in carbon management, aiming to be a key player in the global energy transition by developing technologies that remove carbon dioxide from the atmosphere, such as Direct Air Capture, and utilizing it in new ways.
Vision
Occidental's vision is centered on shaping a more sustainable future by pioneering innovative solutions that address climate change while continuing to provide essential energy and chemical products. This includes being a leader in the global energy transition, leveraging technology to lower emissions, deliver essential products, and create shared value for all stakeholders.
Mission
Occidental's mission is generally articulated as being a top-performing U.S. upstream company, safely and responsibly producing vital energy resources, and leading the development of innovative low-carbon solutions, including direct air capture and carbon management technologies.
Culture
Occidental's culture emphasizes a strong commitment to safety, environmental stewardship, and ethical conduct. Key cultural values often include integrity, accountability, collaboration, innovation, and a relentless focus on operational excellence and continuous improvement. The company strives to foster an inclusive environment where diverse perspectives contribute to achieving its strategic objectives and sustainability goals.
Specialties & Industries
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