Oxy Inks First 'Net-Zero Oil' Deal

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REED SAXON/AP

Occidental Petroleum has inked its first deal to sell what it calls "net-zero oil" to South Korea’s SK Trading International, providing a glimpse into how the US independent plans to monetize its carbon solutions division.

Topics:
CO2 Emissions, Carbon Capture (CCS), Emerging Technologies, Corporate Strategy , Independent E&Ps, ESG
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