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 Waste Data Preview

In 2023, Occidental Petroleum conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Occidental Petroleum's Waste Treatment Practices

In 2023, Occidental Petroleum generated a total of 369,000 metric tonnes of waste.

Of this amount, 60.98% of Occidental Petroleum's total waste generated was recovered through methods such as recycling, reuse, or composting, while 33.88% was disposed of through landfilling, incineration, or combustion. The remaining 5.15% was either treated using unspecified methods or not clearly categorized.

Occidental Petroleum's Waste Recovery Rate

61%

How much of Occidental Petroleum's waste is recycled or recovered?

In 2023, Occidental Petroleum reported a total waste generation of 369,000 metric tonnes, of which 60.98% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Occidental Petroleum is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Occidental Petroleum reduced its environmental waste footprint over time?

Since 2019, Occidental Petroleum's total waste generation increased by 241.67%, but declined by 17.63% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.

Over the same period, Occidental Petroleum's waste recovery rate declined by 45.12%, yet improved by 9.71% in 2023, pointing to a recent rebound or renewed focus on better waste treatment outcomes.

Overall, Occidental Petroleum’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Occidental Petroleum’s Waste Recovery vs. Disposal Over Time

20192020202120222023090 k180 k270 k360 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Occidental Petroleum’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Occidental Petroleum generated a total of 369,000 metric tonnes of waste.

Of this amount, 44.72% of Occidental Petroleum's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 55.28% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Occidental Petroleum’s Hazardous vs Non-Hazardous Waste Over Time

201920202021202220230150 k300 k450 k600 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Occidental Petroleum reduced the environmental impact of its waste?

Since 2019, Occidental Petroleum's total waste generation increased by 241.67%, including a 17.63% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, Occidental Petroleum reduced the hazardousness of its waste by 3.41%, with a further 22.35% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.

Overall, Occidental Petroleum has increased waste over time but is now demonstrating meaningful progress in both reducing waste generation and lowering its hazardous content, potentially signaling a turning point toward sustainability.

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