Barron's Streetwise

Occidental Petroleum CEO Vicki Hollub’s Oil Outlook

Jul 6, 2023
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INSIGHT

Keys to Running Oil Company

  • Running a successful oil company hinges on having top-tier assets and technical excellence in people and processes.
  • Sustainability includes managing climate impact and community relations, which are crucial for long-term success.
ADVICE

Recruit Talent via Carbon Strategy

  • Focus recruiting by emphasizing your company's clear carbon reduction strategy and execution plan.
  • Control your own carbon footprint to attract talent who want to impact climate positively.
INSIGHT

Promising Carbon Capture Tech

  • Direct Air Capture using potassium hydroxide and CO2 enhanced oil recovery is a promising way to reduce carbon footprint.
  • Integrating existing chemical and infrastructure capabilities creates efficiency and sustainability in carbon capture.
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