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HomeOccidental

Occidental

Bankruptcy

Drill, Baby, Drill. It’s Kind of Like Real Estate — Location, Location, Location.

November 10, 2025 Mariel Alumit

U.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices […]

Crude Oil News

Rig Counts in the United States are Up, but What Does This Mean for Investors and Consumers?

November 8, 2025 Clark Savage

The U.S. energy sector is showing signs of renewed activity, with the latest Baker Hughes rig count reporting an increase to 548 active rigs as of November 7, 2025. This marks a modest uptick of […]

Big Oil Companies

Is Big Oil Back in Vogue?

September 29, 2025 Andy Del Prado

Daily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says […]

Big Oil Companies

Occidental Petroleum in Talks to Sell OxyChem Unit, FT Says

September 28, 2025 Clark Savage

In a significant move that could reshape its portfolio and bolster its financial health, Occidental Petroleum Corp. (NYSE: OXY) is reportedly negotiating the sale of its petrochemical division, OxyChem, in a deal valued at a […]

Crude Oil News

Balancing Energy Affordability and Sustainability

February 28, 2025 Clark Savage

In this episode of Energy News Beat Live from NAPE – Conversation in Energy, host Stuart Turley sits down with Jeff Krimmel, an energy analyst and consultant, who shares insights into the oil and gas […]

Ecopetrol
Finance

Ecopetrol Pulls Out Of Deal to Buy Occidental’s CrownRock Assets

August 1, 2024 Mariel Alumit

Occidental Petroleum (NYSE:OXY) has disclosed that Colombia’s Ecopetrol S.A. (NYSE:EC) has pulled out of a deal to buy a 30% stake in Occidental’s CrownRock assets. Last year, Occidental announced a deal to acquire CrownRock and its significant Permian Basin assets in a […]

Berkshire
Crude Oil News

Berkshire Buys Nearly 2.57MM More Shares from Occidental

June 12, 2024 Mariel Alumit

Billionaire Warren Buffett bought almost 2.57 million common stocks from Occidental Petroleum Corp. last week for about $153.3 million. The purchase, made in three tranches, has increased Berkshire Hathaway Inc’s common shares in the United […]

Occidental
Earnings

Occidental beats profit estimates on higher oil prices

May 8, 2024 Mariel Alumit

HOUSTON, May 7 (Reuters) – Occidental Petroleum (OXY.N), opens new tab on Tuesday reported profit that beat analysts’ first-quarter consensus estimate and forecast second quarter oil and gas production would climb 7%. Profit fell to […]

Gulf of Mexico
Crude Oil News

Oxy Says Production to Restart in Eastern Gulf of Mexico in Coming Days

April 10, 2024 Mariel Alumit

Occidental Petroleum said on Wednesday production is expected to commence in the coming days in the eastern Gulf of Mexico (GOM) after some operations were shut for about five months. In November, the company had […]

Buffett
Big Oil Companies

Buffett Backs Occidental’s Acquisition of CrownRock by Buying More Stock

December 14, 2023 Mariel Alumit

Warren Buffett’s Berkshire Hathaway bought close to $590 million worth of Occidental Petroleum stock this week after the latter announced it would acquire Permian oil driller CrownRock. Occidental said it will buy CrownRock for cash […]

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