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 ...

The sun shines through the clouds as it begins to set behind a pumpjack, March 30, 2022, outside of Goldsmith, Texas. (Odessa American File Photo) Occidental Petroleum’s first quarter of 2025 was ...

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 ...

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.

OQ was founded in 2009 and is Oman’s third-largest firm in the oil industry, following the state-owned Petroleum Development Oman and U.S. firm Occidental Petroleum. Oman, on the eastern edge of the ...

NEW YORK, Nov 24 (Reuters) - Occidental Petroleum Corp and Abu Dhabi investment firm Mubadala Development Co have signed an exploration and production sharing agreement with the Sultanate of Oman, the ...

MUSCAT, April 11 (Reuters) - Occidental Petroleum Corp will boost its crude production in Oman by 50 percent to 150,000 barrels per day (bpd) in 2012, senior company executive Bill Albrecht said on ...