Browsing Tag
Vicki Hollub
10 posts
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.
Occidental announces $950m in Permian asset divestitures and $7.5bn in debt reduction since mid-2024
Occidental sells US $950 million in Permian assets, repays US $7.5 billion in debt, and focuses on core growth and carbon capture projects.
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…
Occidental Petroleum completes $12bn acquisition of CrownRock
Occidental Petroleum Corporation has successfully completed its high-stakes acquisition of CrownRock, a prominent US-based oil and gas producer,…
Occidental to divest Delaware Basin assets in $818m deal with Permian Resources
Occidental Petroleum Corporation (NYSE: OXY) has announced a major divestiture deal, agreeing to sell key assets in the…
Occidental makes $12bn move to acquire Permian Basin producer CrownRock
Occidental (NYSE: OXY), a global leader in the oil and gas sector, has made a sensational move in…
Occidental’s $1.1bn acquisition of Carbon Engineering: A step towards global carbon capture
Occidental (NYSE: OXY) recently confirmed the acquisition of all outstanding equity of Carbon Engineering Ltd. The definitive purchase…
Clean energy tech company NET Power merges with Rice Acquisition Corp. II
NET Power, a North Carolina-based clean energy technology company, and Rice Acquisition Corp. II, a publicly traded special…
Occidental acquisition of Anadarko : US oil and gas firms sign $57bn deal
Occidental acquisition of Anadarko : US-based Occidental Petroleum has entered into a $57 billion merger agreement to acquire…
ADNOC awards Abu Dhabi Onshore Block 3 rights to Occidental Petroleum
US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3…