Occidental Petroleum Corp
Occidental Petroleum Energy Data Preview
In 2023, Occidental Petroleum disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Occidental Petroleum also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Occidental Petroleum also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Occidental Petroleum also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Occidental Petroleum's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Energy Sold | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Occidental Petroleum's Energy Renewability
In 2023, Occidental Petroleum consumed a total of 338.4 million Gigajoules of energy across its operations. Of this total, 0.03% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.97% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Occidental Petroleum's Energy Renewability Rate
How much of Occidental Petroleum's energy consumed is renewable?
In 2023, Occidental Petroleum consumed a total of 338.4 million Gigajoules of energy, of which 0.03% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Occidental Petroleum has considerable room to improve its energy sustainability strategy.
Insights into Occidental Petroleum's Energy Consumption & Production Mix
In 2023, Occidental Petroleum disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Occidental Petroleum's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Occidental Petroleum's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Occidental Petroleum's energy consumption?
In 2023, Occidental Petroleum's total energy consumption was primarily sourced from
- Natural Gas (80.87%)
- Electricity (Unspecified Source) (11.71%)
- Diesel, Gasoline (Petrol) and Propane (3.17%)
How diverse is Occidental Petroleum’s energy consumption mix?
In 2023, Occidental Petroleum consumed energy from 7 different sources or generation technologies, indicating a highly concentrated energy mix, with Natural Gas alone accounting for 80.87% of total consumption.
What are the main sources or generation technologies used by Occidental Petroleum to produce energy?
In 2023, Occidental Petroleum's energy production came primarily from
- Crude Oil (58.21%)
- Natural Gas (27.33%)
- Liquefied Natural Gas (LNG) (14.46%)
How diverse is Occidental Petroleum’s energy production mix?
In 2023, Occidental Petroleum produced energy using 4 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Crude Oil (58.21%).
Occidental Petroleum's Energy Produced by Sources and Technologies
Insights into Occidental Petroleum's Energy Inflows & Self-Sufficiency
In 2023, Occidental Petroleum reported total energy inflows of 2.56 billion Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 43.57 million Gigajoules purchased from external suppliers and 2.51 billion Gigajoules generated through internal production. This corresponds to a production share of 98.3%.
Occidental Petroleum's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased