Occidental

Oil & Gas Trade

Exclusive: Occidental Explores $20 Bln-Plus Sale of Western Midstream, Sources Say

The logo of Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan …

Oil & Gas Trade

Occidental Petroleum to Expand Permian Ops With $12 Billion Deal for Crownrock

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Carbon Emissions

Occidental and Blackrock Form JV to Develop World's Largest Direct Air Capture Plant; $550M Investment, 500,000 Tonnes of CO2 per Year

Occidental recently announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Captur…

Carbon Capture

Occidental CEO Sees Potential to License 1,000 Carbon Capture Plants

Vicki Hollub, President of Occidental Petroleum, speaks during Abu Dhabi International Progressive Energy Congress (ADIPEC), in Abu Dhabi, United Arab Emirates,…

Carbon Capture

Blackrock to Invest $550 Mln in Occidental's Carbon Capture Project

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Carbon Capture

Adnoc to develop one of Mena’s largest carbon capture projects

Adnoc headquarters in Abu Dhabi. Last month, Adnoc and US company Occidental signed an agreement explore carbon capture opportunities. APAdnoc will develop one …

Carbon Capture

Occidental Buys Carbon Air Capture Tech Firm for $1.1 Billion

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Oil Price

Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental

The conglomerate first made a bet on the Houston-based oil company three years ago

Algeria’s Sonatrach Strikes Production Deal With TotalEnergies, Occidental and Eni

New production-sharing contract is for 25 years for onshore blocks in eastern part of North African country

Oil Field

Tullow Oil Set to Increase Stake in Oil Fields in Ghana

Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy

Oil Field

Occidental Sells Stakes in Two Ghana fields for $750 million

Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporatio…

Crude Oil

Occidental Delivers World First Carbon-Neutral Oil

A unit of U.S. Occidental said this week it had delivered the world’s first shipment of carbon-neutral oil, or oil where emissions associated with the entire c…

Net Zero Emission

Oxy Becomes First U.S. Driller To Announce Net-Zero Plan

Occidental Petroleum has become the first U.S. oil company to announce a plan to slash greenhouse gas emissions to net-zero by 2050.

Warren Buffett Sells Stake in Oil Giant Occidental Petroleum

Warren Buffett’s Berkshire Hathaway has sold its common stock interest in Occidental Petroleum.

French Group Total Buys up Some Assets from Portugal's EDP

Total's shares on the Paris bourse .FCHI gained 4% in early trade after the deal, and a separate announcement that it was calling off a deal to acquire Occident…