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HomeOccidental Petroleum

Occidental Petroleum

Investments

Analysis: Big Oil gets investor reprieve as energy worries trump climate concerns

May 13, 2022 Mariel Alumit

BP, ConocoPhillips get more investor support over climate Upcoming AGMs from ExxonMobil, Shell, Chevron in focus Some investors more supportive of company climate plans BOSTON/LONDON, May 13 (Reuters) – Big Oil has enjoyed an easier […]

M&A in the Permian -ENB
Finance

Permian Driller Colgate Is Said to Explore $5 Billion Sale

February 16, 2022 Stu Turley

Colgate Energy, a private equity-backed energy explorer in the Permian Basin that’s been preparing to go public, is also considering a sale after getting takeover interest, according to people familiar with the matter. The company […]

Permian Flaring -ENB
CCUS

Permian Drillers Told by Lawmakers to Disclose Methane Leaks

December 5, 2021 Mariel Alumit

Oil producers in the Permian Basin must do more to disclose and stop the leak of methane, a powerful greenhouse gas, a House committee wrote in a letter to 10 major oil companies. The letter from the […]

OXY - Energy News Beat
Crude Oil News

OCCIDENTAL SELLS INTERESTS IN GHANA

October 14, 2021 Mariel Alumit

Occidental Petroleum Corp. has agreed to sell its interests in two Ghanaian oilfields for $750mn, drawing a line under a two-year divestment… Occidental Petroleum Corp. has agreed to sell its interests in two Ghanaian oilfields […]

crude-oil-tank - energynewsbeat.com
Commodities

Oil Prices Rebound As Global Oil Glut Drains -Iran seeks to sell oil through Saudi Arabia

May 16, 2021 Stu Turley

Oil prices rebounded on Friday morning as inflation fears fade and the global supply glut slowly drains, although the IEA did revise its demand projection downward. Oil prices rebounded on Friday after a midweek selloff. […]

OXY - Energy News Beat
Exploration and Production

Occidental Petroleum says federal leasing ban would hurt U.S. oil growth

May 11, 2021 Andy Del Prado

(Reuters) – U.S. oil and gas producer Occidental Petroleum said federal drilling permits are moving forward in the Permian Basin shale field following a federal pause this year, but a longer-term ban could hurt U.S. […]

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