Occidental Petroleum ( (OXY)) has shared an update. On January 2, 2026, Occidental completed the $9.7 billion all-cash sale of its chemical business, OxyChem, to Berkshire Hathaway, finalizing a ...

Occidental Petroleum had an impressive quarter with ~$3.2 billion in CFFO before the company's continued investments. Occidental Petroleum has continued to have record operating performance. The ...

Renowned for its pristine beaches and bucolic landscapes, the Mediterranean island of Menorca serves as one of Spain’s top destinations for nature lovers—and for birders in particular, no visit is ...

Through careful selection of assets and projects, Occidental has become a low-cost leader in the energy sector. Occidental is working to prolong crude oil’s future marketability by partially ...

Nov 10 (Reuters) - Occidental Petroleum (OXY.N), opens new tab beat Wall Street expectations for third-quarter profit on Monday, as higher production helped the U.S. shale producer counter weaker oil ...

Occidental Petroleum Corporation (NYSE: OXY) posted third-quarter 2025 net income of $661 million, or $0.65 per diluted share, with adjusted earnings of $649 million ($0.64/share), as strong upstream ...

Oil may be having a rough week, but Occidental Petroleum’s Vicki Hollub isn’t panicking. The CEO told the Energy Intelligence Forum in London that crude prices are likely to hover in a narrow $58–$62 ...

Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett's holding company. Oxychem produces chemicals used in water ...

The sale allows Occidental to focus on upstream oil and gas operations while using the proceeds to reduce debt by $6.5 billion. Berkshire Hathaway plans to operate OxyChem as a standalone entity.

Warren Buffett said in May that he recommended Berkshire Hathaway’s Vice Chairman Greg Abel to become the CEO in 2026. Photo: Scott Morgan/Reuters Berkshire’s all-cash $9.7 billion acquisition of ...