Company
Occidental Petroleum Corp
NYSE:OXY
Normal 0 false false false EN-GB X-NONE X-NONE Occidental Petroleum Corp is an international energy company with assets primarily in the United States, the Middle East and North Africa. The company operates through three segments: oil and gas, chemical and midstream and marketing.
17 stories
Permex Petroleum hails increased investment by major operators in West Texas basin, validating assets
The oil company said it has received confirmation of interest from a number of potential joint venture partners for a possible horizontal joint venture drilling program at the San Andres formation
Anadarko Petroleum jumps on bid battle as $59bn offer from Occidental trumps Chevron
Occidental’s $76 a share offer comprises $38 in cash and 0.6094 of its shares and represents a 19% premium to Anadarko’s closing price on Tuesday
Archive
Proactive weekly oil & gas highlights: ADES International, Sound Energy, Europa
It was a week of project updates, deals and contract awards...
Amerisur Resources soars as it inks US$93mln farm-out agreement for blocks in Putumayo basin
The deal will involve multinational US oil & gas firm Occidental Petroleum, purchasing a 50% interest in four blocks and funding a US$93.25mln exploration and appraisal program
Junior oiler Permex Petroleum setting sound goals and meeting targets
Permex has assets across West Texas and southeast New Mexico..
Permex Petroleum completes acquisition of West Texas assets to grow company
The junior oiler now holds a 41.4% working interest in the ODC San Andres unit and 48% in the W, J. "A" Taylor lease
Permex Petroleum primed for production growth in the Permian basin
The firm is focused on assets with upside potential in Texas and New Mexico - notably in the Permian basin, a huge producing area for oil and gas
Trending: Oil sector had a good day, so did AIG
Along with surprisingly good news about falling gasoline inventories, the day was marked with gains for Occidental Petroleum and Devon Energy which showed how you can produce more with lower costs and cut your losses
Occidental Petroleum ends Q2 with cash balance of $3.8bn
Higher production puts company in strong position going into Q3
Little reason to invest in ‘big oil’ stocks, Jefferies says
Analysts at the American investment bank see no significant value drivers, so it says there's little reason to put new money to work