Occidental Petroleum reports that a Royal Decree has been issued by the Sultanate of Oman approving the contract for the development of the Mukhaizna oil field, one of the largest oilfields in Oman.

MUSCAT, NOV 8Oxy Oman, a wholly owned subsidiary of US independent energy company Occidental, says a first-of-its-kind pilot ...

Occidental will operate Block 54 and hold a 70% interest. The Block 54 contract area covers about 5620 square kilometres. "We are very pleased to have this opportunity to further build our position in ...

CEO Vicki Hollub highlighted strong performance across all business segments, with operating cash flow reaching $3 billion before working capital adjustments. Oil and gas production averaged 1.39 ...

Occidental Petroleum is an exceptionally efficient oil and gas producer. The company is also a leader in carbon capture and storage, a promising technology. However, Oxy's future still hinges largely ...

Occidental Petroleum Corp. divested non-core proved and unproved royalty and mineral stakes in the DJ Basin for about $900 million and certain non-core Permian Basin assets for around $400 million in ...

Occidental Petroleum Corp (NYSE:OXY) shares fell 3.37% to $39.24 on Monday, tracking a broader decline in oil-related stocks after OPEC+ announced a significant output increase. What To Know: OPEC+ ...

Occidental Petroleum reported strong Q1 results. Acquisitions are made to improve results. However, benefits may take time to materialize. Effective management sets and often exceeds goals. Consistent ...

Occidental Petroleum (OXY) closed the most recent trading day at $37.90, moving +0.61% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.79%.

Occidental Petroleum (OXY 2.50%), an S&P 500 stock, was a significant underperformer in 2024 when it lost 17% of its value. Unfortunately for investors in the oil stock, its losing streak has ...