Focusing on sweet spots in the Permian Basin and its deep experience in the enhanced oil recovery (EOR) market, Houston-based Occidental Petroleum Corp. (Oxy) remains on course to thrive even if commodity prices remain depressed, senior executives said last week.
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Oxy Tightens Ties to Permian Basin, Certain Global Plays
Houston-based Occidental Petroleum Corp. (Oxy) continues to double down on the Permian Basin as its designated growth engine, along with certain overseas plays, Oxy executives said Thursday.
February 10, 2017
Permian, California Focus Oxy’s U.S. Growth Plans, CEO Says
Stepped-up activity in unconventional plays in both the Permian Basin and California are at the heart of growth plans for Los Angeles-based Occidental Petroleum Corp. (Oxy) as outlined by senior executives Tuesday during a 3Q2013 earnings conference call in which they reported increased profits.
October 29, 2013
Oxy Looking to Sell ‘Selective’ Midcontinent Assets
As part of a strategic review aimed at forming a smaller, more profitable company, Los Angeles-based Occidental Petroleum Corp.’s (Oxy) board of directors on Friday authorized pursuit of selected asset sales, including potentially some overseas and Midcontinent assets, alongwith a portion of a general partner interest in Plains All American Pipeline (PAAP).
October 21, 2013
Midcontinent Assets to Be Pared in Oxy Strategic Review
As part of a strategic review aimed at forming a smaller, more profitable company, Los Angeles-based Occidental Petroleum Corp.’s (Oxy) board of directors on Friday authorized pursuit of selected asset sales, including potentially some overseas and Midcontinent assets, along with a portion of a general partner interest in Plains All American Pipeline (PAAP).
October 21, 2013
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