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Tag: occidental
Occidental Petroleum Agrees to $1.33 Billion Sale of Rockies Assets
2020-08-19 21:35:00| OGI
The sale, which doesnt include Occidental Petroleums core oil and gas assets in the Rockies, significantly advances the progress of the $2 billion-plus divestiture target the company set for 2020, CEO Vicki Hollub says.
Tags: sale
assets
billion
agrees
Occidental Petroleum Financing Major CO2 Removal Plant in Permian Basin
2020-08-19 19:25:00| OGI
The facility will be located on 100 acres in Texas' Permian Basin and will capture up to 1 million metric tons of CO from the atmosphere a year, Occidental Petroleum said in a joint statement with Rusheen Capital.
Tags: major
plant
removal
financing
Occidental to Cut Debt Before Boosting Oil Production, CEO Vicki Hollub Says
2020-08-11 20:35:00| OGI
Occidental is restarting some activity in the Permian Basin and Gulf of Mexico, but its focus is to "ensure that we have the liquidity to go forward so we have the ability to meet our maturities," CEO Vicki Hollub says.
Tags: production
says
cut
oil
Occidental Petroleum Posts Fourth Straight Quarterly Loss on $6.6 Billion Write-down
2020-08-10 22:30:00| OGI
Occidental Petroleum posted its fourth straight quarterly loss on Aug. 10 as it recorded a $6.6 billion impairment charge, largely to write down the value of its properties following a crash in oil prices.
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loss
straight
fourth
Occidental Petroleum Reportedly Nearing $4.5 Billion Asset Sale
2020-07-30 11:10:00| OGI
Pertamina is negotiating the acquisition of Occidental's oil and gas stakes in countries including Ghana and the United Arab Emirates, a report said, citing people with knowledge of the matter.
Tags: sale
billion
asset
petroleum
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