Occidental Petroleum Corporation, often referred to as Oxy, is an American oil and gas exploration and production company. Founded in 1920, it is headquartered in Houston, Texas. Oxy operates in various regions, including the United States, Middle East, and Latin America, focusing on both conventional and unconventional resources. In addition to oil and gas production, Occidental is involved in the chemical industry through its subsidiary, OxyChem. The company is also committed to sustainability and reducing carbon emissions, investing in technologies for carbon capture and storage. Oxy plays a significant role in the global energy market.