Browsing Tag
OxyChem
6 posts
Why Howard Buffett, not Greg Abel, is becoming Berkshire Hathaway chairman
Warren Buffett has stepped down as chairman of Berkshire Hathaway at 96, handing the board role to his son Howard while Chief Executive Officer Greg Abel retains operational control of a $1 trillion-plus conglomerate with nearly 388,000 employees and more than $350 billion of liquidity.
September 19, 2026
OxyChem becomes part of Berkshire Hathaway’s industrial operations following $9.7bn deal
Berkshire Hathaway has acquired OxyChem for $9.7B. Find out what this move means for Occidental, the chemicals industry, and Berkshire’s industrial bets.
January 4, 2026
Berkshire Hathaway bets $9.7bn on OxyChem—why Occidental Petroleum is walking away from chemicals
Berkshire Hathaway is acquiring Occidental’s OxyChem for $9.7B. Learn how this divestment reshapes Occidental’s debt profile, upstream strategy, and shareholder returns.
October 2, 2025
Occidental considers $10bn OxyChem sale to Berkshire Hathaway amid balance sheet pressures
Find out how Berkshire’s $10 billion OxyChem deal could reshape Occidental’s debt strategy and the future of petrochemicals in Buffett’s portfolio.
October 1, 2025
Will Occidental’s $10bn OxyChem divestment accelerate debt reduction and carbon capture bets?
Occidental Petroleum is weighing a $10B OxyChem sale to cut debt and refocus on energy transition. Find out what this means for investors today.
September 28, 2025
Occidental strengthens financial position with $4.5bn debt repayment and $1.2bn asset sales
Occidental (NYSE: OXY) has made significant strides in its financial restructuring strategy, reaching its near-term debt repayment target…
February 19, 2025