Occidental And Warren Buffet Shoot For The Moon In The Permian Basin
OXY(OXY) Forbes·2024-11-04 10:37
The Occidental Petroleum Headquarters is seen on December 11, 2023 in The Woodlands, Texas. Getty ImagesOccidental Petroleum Corporation (Oxy) are embarking on a spectacular venture to reduce greenhouse gas (GHG) emissions in the Permian basin. Warren Buffet is riding along, owning 29% of Oxy stock. What do Oxy and Warren Buffet see that others don’t?The Concept Of Direct Air CaptureVicki Hollub, who is chairman of Oxy, dangles the tantalizing idea that if we could remove enough CO2 from the sky, we could s ...