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…
Occidental Petroleum
Occidental Petroleum (OXY) Investor Presentation
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…
Carbon neutral investments? Occidental Petroleum sets example
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…
Largest oil producer in the Permian Basin?
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…
Chevron gives up on Anadarko Petroleum, will get $1B termination fee
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…
Moody’s likely to downgrade Oxy if it wins Anadarko
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…
Cramer Hating on Buffet? Calls the Berkshire, Occidental’s Deal ill-advised
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…