Occidental Petroleum Corp

Common Name
Occidental Petroleum
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
13,323
Ticker
OXY
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Occidental Petroleum Corporation is a global energy producer, primarily focused on the exploration and production of oil and natural gas. Its operations span key regions such as the United States, the...

Occidental Petroleum's GHG Emissions Data Preview

In 2023, Occidental Petroleum completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Occidental Petroleum has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Occidental Petroleum amounted to 21,920,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Occidental Petroleum decreased by 2.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Occidental Petroleum's Scope 1 Emissions Over Time

20182019202020212022202305.5 M11 M16.5 M22 MtCO2e+27%-12%-3%-5%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Occidental Petroleum's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Occidental Petroleum were 17,370,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Occidental Petroleum reduced its Scope 1 emissions over time?

Since 2018, Occidental Petroleum's Scope 1 emissions have increased by 2.3%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Occidental Petroleum's Scope 1 emissions decreased by 1.31%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Occidental Petroleum's Scope 2 emissions?

In 2023, Occidental Petroleum reported Scope 2 greenhouse gas (GHG) emissions of 4,550,000 tCOâ‚‚e using the location-based method.

Has Occidental Petroleum reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Occidental Petroleum's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Occidental Petroleum 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Occidental Petroleum use for Scope 2 reporting?

In 2023, Occidental Petroleum reported its Scope 2 emissions using the location-based method.

Occidental Petroleum's Scope 2 Emissions Over Time

20182019202020212022202302 M4 M6 M8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)
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