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…
Tag: Oilfield
Are commodities sending warning sign to rest of world?
Crude gets slammed and copper collapses. Are commodities sending a warning? With CNBC’s Melissa Lee and the Fast Money traders, Dan Nathan, Brian Kelly, Karen…
China’s Fracking Revolution: China uses CO2 instead of water for fracking
Could a greenhouse gas (CO2) be the answer to making fracking less controversial? Counterintuitive as the idea might seem, Chinese researchers, claim that using carbon…
Do we have a Shale Slowdown? Speculators are running crazy
Oil speculators are calling a bear market because of the lack of rig count? it looks like they forget that is was Wall-street that asked…
Oil above $70
OPEC and some allies including Russia are due to meet on June 25 and 26 to discuss output policy going forward. Saudi crude oil exports…
Washington: Nord Stream 2 sanctions on the way
Washington is getting ready for another sanctions package that if put in place would put major restrictions on companies involved in Russia’s $10.5-billion Nord Stream…
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…
Report argues Canada energy industry needs national strategy
Policy should promote infrastructure to get oil and gas to non-U.S. markets, says PricewaterhouseCoopers Canada’s oil and gas industry has the potential to compete successfully…
Decade Behind Bars For Permian Pipeline Protesters?
If you protest an oil or gas pipeline in Texas, you could face up to 10 years in prison. The bill on the verge of…
Trump’s foreign policy advisers on Iran? Blow up Iran’s oil industry…
Fox Business host and Trump whisperer Lou Dobbs appeared to nudge President Trump toward threatening Iran with military strikes on Tuesday night, saying the president…
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…
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…
Natural gas fracking fleet : A look at Liberty Oilfield
Despite facing a challenging market, we are proud to have delivered a sequential 13% increase in revenue to $535 million and adjusted EBITDA increase of…
UK shale dream of energy independence is fading
The official UK advocate for shale-gas development has resigned in protest of “a de facto ban” on hydraulic fracturing. Natascha Engel, a former Labor Party…