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Occidental Petroleum Corporation (OXY)

Occidental Petroleum closed its acquisition of Anadarko Petroleum in the third quarter. Read more

M&A/Investment

Occidental remains on track to deliver $10 to $15 billion of planned asset sales and remains confident in its deleveraging strategy. Occidental will continue to take actions to drive value for all of the Company’s stakeholders. Read more

M&A/Investment

Environmental awareness

Gaj Rudolf

Occidental Petroleum Corp. plans to shift toward a carbon-neutral production model but new U.S. laws are needed to support technologies designed to fight global warming. Read more

Health, Safety & Environmental

The 10th annual Gulf Coast Industry Forum Sept. 18 and 19 features five panels of experts from the maritime, petrochemical, transportation and logistics industries discussing growth and challenges facing continued economic development in the region. Read more

Plant Management & Operations

Cemvita Factory and Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, today announced that they have reached an investment agreement. Read more

Health, Safety & Environmental

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Courtesy Occidental Petroleum

The earlier-than-expected closing will give the company a head start to evaluate assets that it plans to sell to pay off debt supporting the acquisition. Read more

M&A/Investment

Ecopetrol S.A. announced today that it formed a joint venture with Occidental Petroleum Corporation to develop 97,000 net acres of Occidental's Midland Basin properties in the Permian Basin. Read more

M&A/Investment

"We remain focused on completing our transaction with Anadarko in the second half of 2019." Read more

M&A/Investment

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Courtesy Occidental Petroleum

The transaction provides compelling strategic and financial rationale for all stakeholders. Read more

M&A/Investment

Abundant hydrocarbon reserves and the ability to drill longer laterals has made Permian Basin the most prolific shale play in the world, according to GlobalData, a leading data and analytics company. Read more

Drilling & Exploration

Next-gen aspiring companies must implement social responsibility programs that span all areas of operation and "enable those communities where you are to be better because you are there." Read more

Current Issue

Occidental Petroleum Corp. increased the cash component of its $38 billion bid to acquire Anadarko Petroleum Corp. on Sunday, removing a requirement for any deal to receive the approval of Occidental’s shareholders. Read more

M&A/Investment

Warren Buffett’s Berkshire Hathaway Inc will put $10 billion behind Occidental Petroleum Corp’s bid as it tries to see off competition from Chevron Corp to buy smaller rival Anadarko Petroleum Corp. Read more

M&A/Investment

Anadarko Petroleum Corp said on Monday it planned to resume talks with Occidental Petroleum Corp over its $38 billion bid, putting pressure on Chevron Corp to raise its $33 billion offer for the oil and gas producer. Read more

M&A/Investment

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Courtesy Occidental Petroleum

A deal would make Occidental the largest producer of oil in west Texas’s Permian basin, where production has boomed in recent years. Read more

M&A/Investment

BIC Alliance attended the 2019 Plant Maintenance, Inspection and Engineering Society Conference & Expo in Pasadena, TX at the Pasadena Convention Center. Read more

BIC Attends

Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading firms and oil majors, in a market now worth more than $150 million every day. Read more

Pipeline/Transportation

Six San Jacinto College process technology graduates were recently hired by Occidental Petroleum, proving they have the training it takes to fill the skills gap in today's petrochemical industry. Read more

Training & Human Resources

Given the reality of a workforce increasingly aging out of and retiring from the petrochemical and related industries, owners and other stakeholders are tasked with preserving "tribal knowledge" for those taking these departing employees' places. Read more

Training & Human Resources

CEOs of six well-known American energy companies today signed a letter addressed to President Donald Trump in support of the Corpus Christi Ship Channel Improvement Project (CIP). Read more

Offshore & Marine

  • Oxy CEO 2.png

    Courtesy Occidental Petroleum

    Vicki Hollub is president and CEO of Occidental

  • Oxy CEO.jpg

    IHS Markit - CERAWeek

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