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Occidental Endorses World Bank’s ‘Zero Routine Flaring by 2030’ Initiative

29/01/2021

Occidental is the first U.S. oil and gas company to endorse the World Bank’s “Zero Routine Flaring by 2030” initiative to reduce greenhouse gas emissions and utilize a valuable energy resource.

The effort brings together governments, oil companies and development institutions that have agreed to cooperate and eliminate routine gas flaring in their oil production operations by 2030.

"It’s an honor to be the first U.S. oil and gas company to endorse the World Bank’s initiative to reduce routine flaring globally, as we amplify our commitment to eliminate routine flaring in our operations by 2030," said President and CEO Vicki Hollub. "Support for this important World Bank program is part of our company’s broader commitment to reduce greenhouse gas emissions in our global operations and positions Occidental for success in a low-carbon economy."

KeyFacts Energy: Occidental US country profile

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