Occidental Petroleum Corp.
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The Pennzoil vs. Texaco standard lingers today in the most recent M&A battle.
Occidental Petroleum is partnering with Canada-based Carbon Engineering to build a new multimillion-dollar direct air capture plant in…
Speaking at an event in Washington, Total CEO Patrick Pouyanne said the oil major has had its eyes on Anadarko's Africa assets for…
SB-181 is law and Occidental Petroleum won the Anadarko battle. The two topics figure to be prominent at today's DUG Rockies…
Vicki Hollub vaults her company into prime position in the prolific Permian Basin. Meanwhile, Chevron awaits the next big opportunity…
New Financings
Sold senior notes in three tranches, with Bank of America Merrill Lynch, Barclays and JP Morgan as joint…
Increased its buy back from 40 million to 55 million shares at approximately US$47.50 each.
Activity Highlights
Howard
TX
United States
Occidental Petroleum Corp. completed a horizontal Wolfcamp well in the Spraberry Trend of Howard County (RRC Dist. 8), Texas. The #1H Hendrix pumped 620 bbl of oil, 498 Mcf of gas and 692 bbl of water per day from acid-and fracture-treated…
Kern
CA
United States
Occidental Petroleum Corp., Los Angeles, has made a significant discovery of oil and gas reserves in Kern County, Calif. The company believes it to be the largest oil and gas discovery made in the California in more than 35 years. Oxy declined to…
Haskell
KS
United States
Los Angeles-based Occidental Petroleum Corp. has completed a Mississippian test that initially pumped 163 bbl. of oil and 337,000 cu. ft. of gas daily, with no water. The new discovery lies four miles southeast of Sublette, in Haskell County, Kan…
United Arab Emirates
IHS Inc. reports a recent agreement by Occidental Petroleum Corp., Los Angeles, and Abu Dhabi National Oil Co. (Adnoc) for appraisal and development rights to Jarn Yaphour and Rahman fields in Abu Dhabi. Occidental will pay $500 million to…
Occidental Petroleum Corp., Los Angeles, has agreed to new terms on several of its existing petroleum contracts with Libya's National Oil Corp. (NOC). The 30-year agreements cover Occidental's projects in the Sirte Basin. Recoverable…
Transactions
Occidental, Anadarko Petroleum Make It Official With Merger Agreement
Occidental, Anadarko Petroleum Make It Official With Merger Agreement
Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarko’s African Assets
Occidental Petroleum Agrees To $8.8 Billion Sale Of Anadarko’s African Assets
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion
Oxy Sells Terminal, Pipeline In 2 Deals Worth $2.6 Billion