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Occidental Petroleum (OXY) Q2 2021 Earnings Call Transcript

Occidental Petroleum (OXY) Q2 2021 Earnings Call Transcript
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21 Stocks to Buy in Energy As Oil Prices Rise: Goldman Sachs

21 Stocks to Buy in Energy As Oil Prices Rise: Goldman Sachs
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E&P Plus October 2020: On the Move

Direct air capture and hydrogen electrolysis combine to make e-fuels

3). In the next step the calcium carbonate is thermally decomposed in a classical Calciner at 900°C. This is like the production of lime or cement and releases carbon dioxide (CaCO 3  CaO + CO 2). Unlike classical calciners, the CO 2is not released into the atmosphere, but separated from the process gases. The resultant high purity CO 2 is available for utilisation or sequestration. The remaining calcium oxide is hydrated in a steam slaker at 300°C (CaO + H 2O  Ca(OH) 2), and the regenerated calcium hydroxide is fed back into the pellet reactor in step two above. The specific energy demand varies, depending on the Calciner input energy method and operating temperature. The total specific energy is 1,850 kWh/Tonne of CO

Occidental unit to build low-carbon bio-ethylene plant

Occidental unit to build low-carbon bio-ethylene plant 5/3/2021 Occidental Petroleum s low-carbon unit said on Tuesday it plans to construct and operate a pilot plant that would use human-made carbon dioxide, instead of hydrocarbon-sourced feedstocks, to produce bio-ethylene. The pilot plant will be jointly developed by Occidental s venture capital arm, Oxy Low Carbon Ventures LLC, and bio-engineering startup, Cemvita Factory. It is expected to start functioning in 2022. Bio-ethylene is currently made from bio-ethanol, which is made from sugarcane. The new technology produces bio-ethylene from carbon dioxide, water and light, which helps lower costs and carbon emissions, Cemvita s Chief Executive Officer Moji Karimi said.

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