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HomeOccidental Petroleium

Occidental Petroleium

Crude Oil News

Investors Look for Options as the 21% Lift in Oil Stocks Signals a Potential Bull Run

February 13, 2026 Clark Savage

The energy sector has been buzzing with optimism lately, as oil stocks have surged by approximately 21% over recent months amid stabilizing crude prices, geopolitical tensions, and renewed demand forecasts. This rally, driven by factors […]

Big Oil Companies

US Oil Rig Count Stages A Comeback After Last Week’s Losses

December 6, 2025 Clark Savage

The US oil and gas sector showed signs of resilience this week, with the total active rig count rebounding by 5 to reach 549 as of December 5, 2025, according to the latest data from […]

Carbon Tax

Now that Bill Gates has said that Climate Change is not our biggest existential threat to Humanity, how much money has he cost the global markets?

November 1, 2025 Clark Savage

In a surprising pivot that has sent ripples through the environmental and energy sectors, Microsoft co-founder Bill Gates recently declared that climate change, while a real issue, is not an “existential threat” to humanity. In […]

Big Oil Companies

Exxon Sees Tighter Oil Market in Medium to Long Term, Says CEO

October 13, 2025 Clark Savage

In a recent address at a conference in London, ExxonMobil CEO Darren Woods provided insights into the future of the global oil market, painting a picture of potential supply constraints ahead. As the head of […]

Big Oil Companies

The Trump Administration Opens Massive Oil and Gas Lease Expansion: Who Are the Players?

August 20, 2025 Clark Savage

In a bold move to revitalize American energy production, the Trump administration has unveiled a sweeping offshore oil and gas leasing schedule through the Department of the Interior (DOI). Announced on August 19, 2025, this […]

Big Oil Companies

BlackRock invests $550M in world’s largest direct air capture plant

February 17, 2024 Stu Turley

Direct air capture is a worthwhile investment, according to money manager BlackRock, which just invested more than half a billion of its clients’ dollars in the world’s largest facility for pulling carbon out of the […]

Market
Crude Oil News

Market to be short oil from 2025 onwards, Occidental CEO at Davos

January 17, 2024 Mariel Alumit

“In the near term, the markets are not balanced; supply, demand is not balanced,” Hollub said, adding that: “2025 and beyond is when the world is going to be short of oil”. Hollub said that […]

Big Oil Companies

Warren Buffett Adds Another $200 Million in Occidental Stock – Is it still a buy?

May 28, 2023 Mariel Alumit

At a conference about energy finance and the energy transition on May 19, Occidental Petroleum CEO Vicki Hollub stated it plainly, “We will never walk away from oil and gas…and our carbon management business will […]

Occidental
Big Oil Companies

Occidental Petroleum: Time To Brace For Impact

May 12, 2023 Mariel Alumit

Occidental Petroleum Corporation (NYSE:OXY) released a solid earnings report for FQ1 this week. However, that hasn’t been enough to stem a slide in OXY that started in early April, as the boost from the OPEC+ production cut faltered. Berkshire Hathaway (BRK.A) (BRK.B) CEO Warren […]

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