Occidental Petroleum Announces Third Quarter Net Income

Friday, October 23rd, 2009

LOS ANGELES, Oct. 22, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $927 million ($1.14 per diluted share) for the third quarter of 2009, compared with ...


Occidental Petroleum Announces Dividend

Thursday, October 8th, 2009

Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.33 per share on common stock payable on January 15, 2010, to ...


Occidental Petroleum to Hold Earnings Conference Call

Wednesday, July 8th, 2009

(GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, July 23, 2009, following the release of its second quarter 2009 financial results. The conference call, ...


Occidental Petroleum Announces Dividend Increase

Thursday, April 30th, 2009

LOS ANGELES, April 30, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has increased the company's quarterly dividend from $.32 per share to ...


Oil News from around the web, PetroChina posted a 36.2% fall in first-quarter earnings ; BP reported a 62% fall in first-quarter net profit

Tuesday, April 28th, 2009

)))))Oil prices fell below $49 on Tuesday, extending Monday's losses as declines on global stock markets heightened expectations of a further drop in demand for oil products. US oil futures fell ...


Occidental Petroleum and Mubadala Sign Development and Production Sharing Agreement for the Bahrain Field Development

Monday, April 27th, 2009

LOS ANGELES, April 27, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have ...


Oil News from around the web, GNPC announces discovery of more oil, Energy supply crunch without prompt investment

Wednesday, March 25th, 2009

The price of OPEC basket of twelve crudes stood at 50.44 dollars a barrel on Tuesday, compared with $50.18 the previous day, according to OPEC Secretariat calculations -GNPC announces discovery of ...


Occidental and Mubadala Sign Interim Agreement for Bahrain Field Development

Wednesday, March 18th, 2009

LOS ANGELES, March 16, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), a business development and investment company based in Abu Dhabi, announced today that ...


Occidental Replaces 210 Percent of 2008 Production

Friday, February 13th, 2009

LOS ANGELES, Feb. 13, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that at year-end 2008, the company's preliminary worldwide proved reserves, on a consolidated basis, totaled 2.98 ...


Occidental to Hold Earnings Conference Call

Tuesday, October 14th, 2008

LOS ANGELES, Oct. 14, 2008 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, October 28, 2008, following the release of its third quarter 2008 ...


Occidental to Develop Oil and Gas Fields in Abu Dhabi

Wednesday, October 8th, 2008

LOS ANGELES, Oct. 8, 2008 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of a preliminary agreement with Abu Dhabi National Oil Company (ADNOC) to appraise and ...


Occidental Announces West Texas and Piceance Acquisitions

Thursday, September 25th, 2008

LOS ANGELES, Sept. 25, 2008 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced the signing of a definitive purchase and sale agreement with Plains Exploration & Production Company (NYSE:PXP) ...


Occidental Increases Share Repurchase

Friday, July 18th, 2008

LOS ANGELES, July 18, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has authorized the repurchase of an additional 20 million shares of ...


Occidental to Hold Earnings Conference Call

Thursday, July 10th, 2008

LOS ANGELES, July 10, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, July 24, 2008, following the release of its second quarter 2008 ...


Fitch Affirms Occidental’s IDR at ‘A’; Outlook Remains Stable

Friday, May 2nd, 2008

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following ratings of Occidental Petroleum Corporation (NYSE: OXY): --Issuer Default Rating (IDR) 'A'; --Senior Unsecured Bank Facility 'A'; --Senior Unsecured Debt 'A'; --Commercial paper 'F1'; --Short-term IDR 'F1'. The Ratings ...


Occidental Announces Joint Investment Agreement With Abu Dhabi

Monday, March 10th, 2008

LOS ANGELES, March 10, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of an agreement with Abu Dhabi's International Petroleum Investment Company (IPIC) for joint participation ...


Occidental Expands Share Repurchase Program

Friday, February 15th, 2008

LOS ANGELES, Feb. 14, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors increased the number of shares authorized for repurchase by 20 million shares. ...