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HomeOccidental Petroleum

Occidental Petroleum

Big Oil Companies

US oil output to grow by 500,000 bpd in 2023, says Occidental Petroleum Exec

March 8, 2023 Mariel Alumit

U.S. oil production will grow by about 500,000 barrels per day this year, with 80% or 90% of that coming from the Permian basin, Frederick Forthuber, president of Oxy Energy Services at Occidental Petroleum Corp […]

Occidental
CCUS

Occidental raises spending budget, delays direct air capture launch

February 28, 2023 Mariel Alumit

​ The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni/File Photo Summary Occidental misses Q4 profit estimate as inflation hits Quarterly dividend increased about 38% to 18 cents […]

17 biggest energy companies in the US
Big Oil Companies

17 Biggest Energy Companies in the US

December 26, 2022 Mariel Alumit

In this piece, we will take a look at the 17 biggest energy companies in the U.S. For more companies, head on over to 5 Biggest Energy Companies in the U.S. America is one of the […]

Biden
Energy Policy

The Biden Administration’s ‘Reverse Ferret’ On Energy Policy

December 15, 2022 Mariel Alumit

If you think American politics couldn’t get worse, then hold my beer. The White House seems to have caught a bout of the British disease — a weird and muddled energy policy. You can read the […]

U.S.
Crude Oil News

U.S. big company oil reserves up 13% since 2017, deals drive recent growth -study

August 17, 2022 Mariel Alumit

NEW YORK, Aug 17 (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with […]

3 Things the World's Smartest Investors Will Do in the Second Half of 2022 to Beat the Market
Finance

3 Things the World’s Smartest Investors Will Do in the Second Half of 2022 to Beat the Market

July 3, 2022 Stu Turley

Are you feeling beaten down by the stock market? You’re not alone. The stock market experienced its worst first half of a year in more than five decades. Very few investors have been able to defy gravity […]

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 […]

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