Global Infrastructure Sherpa
O
Oxy Technology Ventures
Houston-based Oxy Technology Ventures, operating as Oxy Low Carbon Ventures (OLCV), is the corporate venture and technology development arm of Occidental Petroleum. It focuses on investing in and developing large-scale low-carbon solutions, particularly carbon capture, utilization, and storage (CCUS), direct air capture (DAC), and hydrogen, primarily in the United States.
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Corporate Venture CapitalInvestorDeveloperOperator
Strategic Overview
- Oxy Technology Ventures is a key component of Occidental Petroleum's strategy to achieve net-zero emissions through the development and deployment of low-carbon technologies.
- The company focuses on scaling up Direct Air Capture (DAC) technology, with significant investments and projects like the Stratos plant.
- Strategic partnerships with industrial players and national oil companies are crucial for expanding CCUS and DAC initiatives globally.
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Subscribe from €20/mo →Deal History (1)
Investment Focus
Technologies
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Key People
Richard Jackson
President, Operations, U.S. Onshore Resources and Carbon Management
Dr. Robert Zeller
Vice President, Technology, Oxy Low Carbon Ventures
Track Record
6
Years Active
Notable projects: Stratos Direct Air Capture Plant
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage
Subsidiaries
Portfolio Companies
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