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Occidental Agrees to Sell Two Ghana Assets for $750 Million

2021-10-13 23:01:11| OGI

An uptick in oil and gas prices have prompted companies to offload assets that they do not consider core to their business.

Tags: sell million assets ghana

 

Occidental Petroleum to Invest $1.4 Billion Offshore Colombia

2021-10-11 11:20:00| OGI

A subsidiary of Occidental Petroleum signed exploration and production contracts for four offshore blocks located off Colombias Caribbean coast, the national hydrocarbons agency said in a statement.

Tags: colombia billion invest petroleum

 
 

Occidental Sees Profits in Carbon Capture, Downplays Oil Production Growth

2021-10-07 21:23:31| OGI

Occidental has one of the most ambitious programs of the industry to capture CO2 from the atmosphere and re-inject it in the ground as a way to mitigate global warming.

Tags: production growth oil capture

 

Colgate Flips Occidental Petroleum Water Asset in Sale to WaterBridge

2021-09-14 19:05:00| OGI

Colgate Energy agreed to sell the produced water infrastructure associated with its recent $508 million asset acquisition from Occidental Petroleum in the Permian Basin.

Tags: sale water asset petroleum

 

Occidental Petroleum Swings to Profit in Second Quarter

2021-08-03 22:50:00| OGI

Oil and gas producer Occidental Petroleum said on Aug. 3 adjusted profit attributable to common stockholders stood at $311 million, or 32 cents per share, for the three months ended June 30.

Tags: profit quarter petroleum occidental

 

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