Friday, July 17, 2026
Occidental CEO calls for new U.S. laws to boost carbon capture - Oil and Gas 360

Occidental CEO calls for new U.S. laws to boost carbon capture

From Reuters Occidental Petroleum Corp (OXY.N) plans to shift toward a carbon-neutral production model, it chief executive said on Thursday, but new U.S. laws are needed to support technologies designed to fight global warming. Occidental, which recently purchased oil producer Anadarko Petroleum in $38 billion deal, is advancing its use of technologies to capture carbon, and prevent the element from

U.S. briefly overtakes Saudi Arabia as top oil exporter: IEA - Oil and Gas 360

U.S. briefly overtakes Saudi Arabia as top oil exporter: IEA

From Reuters Global oil demand is weathering economic headwinds, the International Energy Agency (IEA) said on Thursday, buoyed by lower prices brought on by abundant supply as the United States briefly dethroned Saudi Arabia as the world’s top exporter. “With oil prices currently about 20% lower than a year ago, there will be support for consumers,” the IEA said in