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Occidental Petroleum

January 2, 2020

Oxy brings in former Schlumberger CEO

Occidental Petroleum, OilField

Occidental Petroleum added to its board of directors Thursday with the appointment of a former chief executive of Schlumberger as Oxy aims to instill more…

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June 2, 2019

Occidental Petroleum (OXY) Investor Presentation

Occidental Petroleum

Looking back on 2018, I’m pleased with the significant progress we made in strengthening Occidental’s long-term financial and business outlook. We completed our strategic cash…

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May 23, 2019

Carbon neutral investments? Occidental Petroleum sets example

Carbon Engineering, Occidental Petroleum

Oxy, Carbon Engineering to Build Largest Carbon-From-Air Plant, The Permian Basin plant would initially capture 500,000 tons of atmospheric carbon per year. Occidental CEO hopes…

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May 11, 2019

Largest oil producer in the Permian Basin?

Occidental Petroleum

After closing the deal to buy Anadarko, Occidental’s has secured its status as the largest oil producer in the Permian Basin, the top U.S. shale…

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May 9, 2019

Chevron gives up on Anadarko Petroleum, will get $1B termination fee

Anadarko, Chevron Corporation, Occidental Petroleum

The decision leaves Occidental as a victor in a race that once again demonstrated the attractiveness of the American shale. The decision also means Chevron…

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May 8, 2019

Moody’s likely to downgrade Oxy if it wins Anadarko

Occidental Petroleum

Occidental Petroleum likely will receive a downgraded investment rating if it wins the bidding war against the much larger Chevron to acquire Anadarko Petroleum, Moody’s…

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May 4, 2019

Cramer Hating on Buffet? Calls the Berkshire, Occidental’s Deal ill-advised

Anadarko, Occidental Petroleum

Occidental revealed this week that Berkshire has committed to invest $10 billion in the company to help fund its proposed acquisition of Anadarko. Berkshire would…

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