Will Occidental’s Billion-Dollar Carbon Capture Bet Pay Off?

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U.S. oil and gas company Occidental Petroleum Corporation (OXY) has big decarbonisation plans to keep its oil production going as long as it can. As the U.S. undergoes a green transition, putting pressure on companies across all industries to reduce their greenhouse gas emissions, several companies are introducing new technologies aimed at helping them produce lower-carbon fossil fuels. The use of carbon capture and storage (CCS) technologies is helping energy firms to keep their operations running even as the government pushes for a shift away…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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