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Oxy Low Carbon Ventures LLC


Oxy Low Carbon Ventures (OLCV) is a subsidiary of Occidental, an international energy company with assets in the U.S., Middle East, Africa and Latin America. OLCV is focused on advancing cutting-edge, low-carbon technologies and business solutions that enhance Occidental's business while reducing emissions. OLCV also invests in the development of low-carbon fuels and products, as well as sequestration services to support carbon capture projects globally.

Editor's note: Updated Nov. 3, 2021.

Headquarters Address

Houston, TX
United States


Women in Energy: Carrie Carson, Oxy Low Carbon Ventures

Today's featured 25 Influential Women in Energy honoree is Carrie Carson, director of commercial development at Oxy Low Carbon Ventures.

Enbridge Joins Occidental on Carbon Capture Project Near Corpus Christi, Texas

Oxy Low Carbon Ventures and Enbridge Inc. will leverage each other's strengths in a new partnership to develop, construct and operate a Texas Gulf Coast-based carbon sequestration facility and pipeline transportation system.

Oxy Low Carbon Ventures Enters Carbon Sequestration Agreement

Oxy Low Carbon Ventures and Natural Resource Partners are both looking to expand their carbon neutral portfolios through the evaluation of a carbon sequestration hub in southeast Texas.

Expanding Oxy’s Network of Carbon Sequestration Hubs Across the Gulf Coast

Oxy Low Carbon Ventures subsidiary 1PointFive will continue its carbon capture and sequestration hub expansion with the leasing of 27,000 acres of timberland from Manulife Investment Management in Louisiana.

Oxy JV Secures Lease to Develop Carbon Capture in Louisiana

Oxy's 1PointFive subsidiary will use 27,000 acres of Manulife Investment Management-owned Louisiana timberland to develop and operate a carbon sequestration hub.

Enterprise, Oxy Low Carbon Ventures to Collaborate on Houston Area CO2 Project

Oxy Low Carbon Ventures and Enterprise Products Operating will partner to provide services to carbon emitters from Houston to Port Arthur, Texas, through the development of CO2 transportation and sequestration.

Oxy Selects Worley for Direct Air Capture-to-fuels Facility

Worley is also developing the FEED for a direct air capture facility (DAC-1) being developed in the U.S. Permian Basin.

Permian Basin Poised to Lead Low-carbon Transition, Occidental Exec Says

The Permian Basin is poised to become the leader in the world’s low-carbon transition and those already working in the basin will be the pioneers of that transition, Occidental Petroleum’s William Barrett told attendees of Hart Energy’s Carbon Management Forum.