Occidental Petroleum Company Profile
Contents
Company Name: Occidental Petroleum Corporation (Oxy)
Industry Category: Oil & Gas Companies
Headquarters: Houston, Texas, USA
Founded: 1920
Employees: ~12,500 (2025)
Stock Exchange / Ticker: NYSE: OXY
Website: https://www.oxy.com
Careers Page: Occidental Careers
Overview
Occidental Petroleum Corporation, commonly known as Oxy, is one of the largest independent oil and gas companies in the United States. Established in 1920, the company has evolved into a global energy player with operations spanning exploration, production, chemicals, and low-carbon energy initiatives. Occidental is recognized for its expertise in unconventional oil production and for being an industry leader in carbon capture and sequestration technologies.
Core Business Areas
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Oil & Gas Exploration and Production:
Extensive operations in the Permian Basin, Gulf of Mexico, Middle East, and Latin America. -
OxyChem (Occidental Chemical Corporation):
A leading manufacturer of basic chemicals, vinyls, and other industrial products that support construction, healthcare, and consumer goods industries. -
Low-Carbon Ventures (Oxy Low Carbon):
Dedicated to advancing carbon capture, utilization, and storage (CCUS) projects to reduce global emissions and accelerate the energy transition.
Major Projects
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Permian Basin Operations (USA): One of the largest unconventional shale operations in North America.
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Carbon Capture Hub (Texas): Large-scale CCUS projects designed to reduce emissions across industrial sectors.
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Middle East Assets: Significant partnerships and projects in Oman, Qatar, and the UAE.
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Petroleum Operations in Latin America: Strategic exploration and production projects in Colombia.
Sustainability and Energy Transition
Occidental has positioned itself as a pioneer in sustainable oil and gas operations. Through its Oxy Low Carbon Ventures, the company is working on direct air capture technology, carbon-neutral fuels, and renewable energy integration. Oxy’s strategy emphasizes balancing shareholder returns with a measurable contribution to reducing global greenhouse gas emissions.
Contact Information
Address: Occidental Petroleum Corporation, 5 Greenway Plaza, Houston, TX 77046, USA
Phone: +1 713-215-7000
Email: info@oxy.com
