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Occidental to invest $30bn in extended Oman concession - MSNOman has extended a concession with a consortium led by Occidental Petroleum to help increase production from its biggest oil field. The new concession agreement for Block 53 in south-central Oman ...
MUSCAT: Oxy Oman, a wholly owned subsidiary of the US-based independent oil and gas firm Occidental, announced a haul of 10 ...
US energy major Occidental Petroleum (Oxy) is in advanced talks with the Omani government to extend its contract for Block 53 — home to the world-class Mukhaizna steamflood field — by 15 years to 2040 ...
Occidental Petroleum produced 6,000 boe/d in a near-field exploration well production test in Block 65, Oman, the company said in its second-quarter 2023 earnings call. Alex Procyk Aug. 7, 2023 ...
Occidental Petroleum Corp subsidiary Oxy Oman and the natural gas transport company OQ Gas Networks SAOC (OQGN) have signed a memorandum of understanding (MoU) to jointly study potential carbon ...
Occidental Petroleum faces a challenging Q2 2023 with a significant decrease in earnings, ... while the international segment is limited to Oman, Abu Dhabi, and Algeria.
Warren Buffett's Berkshire Hathaway increased its stake in Occidental Petroleum to more than 28% in December. Read why OXY stock is a Buy.
Occidental Petroleum Corporation OXY shares are moving lower on Wednesday. The company reported 2024 third-quarter earnings after the market closed on Tuesday. Here’s what you need to know.
Occidental Petroleum (OXY 1.07%) recently closed its $12 billion acquisition of CrownRock. The deal will significantly enhance its position in the Permian Basin and free cash flow.
Every investor in Occidental Petroleum Corporation should be aware of the most powerful shareholder groups.We can see that institutions own the lion's share in the company with 49% ownership. That ...
Occidental Petroleum set a target of reducing its debt principal by at least $4.5 billion within 12 months of closing its CrownRock acquisition, which occurred on Aug. 1.
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