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Occidental Petroleum Startup Programs & Corporate Open Innovation Analysis Energy & Environment · Energy

Occidental Petroleum is an international oil and gas exploration and production company. Occidental specializes in applying advanced technology to boost production and access hard-to-recover reserves. With more than 40,000 employees and contractors worldwide, they are committed to being the employer, partner, and neighbor of choice.
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In StartupBlink's Corporate Startup Activity Index, Occidental Petroleum ranks #146 globally and #59 in the United States. It ranks #11 in the Energy & Environment industry and #10 in the Energy subindustry.

Global
Corporate Startup Activity Index
#146
Industry
Energy & Environment
#11
Subindustry
Energy
#10
National · United States
Corporate Startup Activity Index
#59
More Ranked Corporates
Key metrics

Occidental Petroleum Startup Activity Metrics

Occidental Petroleum has supported 10 startups through programs and investments, with those companies raising a combined $1.2 billion over the last ten years. The company currently operates 1 active startup programs.

Overview

Explore Occidental Petroleum's investments, startup programs, and corporate open innovation activity

Occidental Petroleum has deployed more than $310 million in startup investments through Oxy Low Carbon Ventures and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 1 active startup program supporting 10 startups worldwide across industries such as Energy & Environment, Fintech, Hardware & IoT, and Healthtech. Its venture arm Oxy Low Carbon Ventures has invested in over 10 startups.

The corporate-innovation activity is concentrated in Energy & Environment, Fintech, and Hardware & IoT, categories where Occidental Petroleum's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where Occidental Petroleum-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with Occidental Petroleum. Unlock the full breakdown with StartupBlink Pro.

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Sector, HQ-city, and program-location breakdowns for all 10 startups associated with Occidental Petroleum are part of StartupBlink Pro.

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Programs & CVC

Occidental Petroleum Startup Programs and Corporate Venture Capital initiatives

Occidental Petroleum engages startups through 1 active program, supporting 10 startups in total based on our database.

OL
Oxy Low Carbon Ventures
Corporate Venture / Investment
Investment Program
"Oxy Low Carbon Ventures backs startups advancing sustainable energy and carbon capture technologies."
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List of Startups

Top startups associated with Occidental Petroleum

Occidental Petroleum's top 5 associated startups have raised 85% of the $1.2 billion raised in the last ten years across all 10 associated startups, led by LanzaTech at $350 million. Occidental Petroleum is associated with 8 active startups and 2 exits. Oxy Low Carbon Ventures supports the largest number of startups, with 10 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with Occidental Petroleum
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
XpansivXpansivSB 505FintechSan FranciscoProgram InvestmentOxy Low Carbon Ventures
Newlight TechnologiesNewlight TechnologiesSB 491Hardware & IoTIrvineProgram InvestmentOxy Low Carbon Ventures
LanzaTechLanzaTechSB 482Energy & EnvironmentSkokieProgram InvestmentOxy Low Carbon Ventures
Showing 3 of 10 startupsExport to CSV →Pro

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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. Occidental Petroleum ranks #146 globally and #59 in the United States. It accounts for 3.8% of the measured corporate startup activity in the Energy & Environment industry and 0.2% of the activity generated by corporations in the United States. Unlock more granular data on each corporation with StartupBlink Pro.

Download the 2025 Report