Has oxy invested in other alternative energy business?

Yes, Occidental Petroleum has made investments in other alternative energy businesses, including:

1. Renewable Energy Projects: Occidental has acquired CrownRock, a company focused on renewable energy, particularly in the Midland Basin. This acquisition is expected to provide significant growth opportunities for the company.
2. Carbon Capture and Storage (CCS): OXY has invested in CCS technologies, which are critical for reducing greenhouse gas emissions. The company has received significant funding from the U.S. Department of Energy to accelerate the development of its next CCS facility and regional hubs.
3. Direct Air Capture (DAC): Occidental has partnered with Carbon Engineering Ltd. to develop DAC technologies, which can remove CO2 directly from the atmosphere.

These investments demonstrate Occidental Petroleum's commitment to diversifying its energy mix and reducing its carbon footprint, aligning with the company's strategic focus on sustainable energy ventures.