occidental - HoustonNewMedia.org https://houstonnewmedia.org/tag/occidental/ Building "Bridges" Across the Bayou City! Mon, 06 Oct 2025 19:34:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 occidental - HoustonNewMedia.org https://houstonnewmedia.org/tag/occidental/ 32 32 103504436 Houston-based Occidental Petroleum to sell chemical business to Berkshire Hathaway in … https://houstonnewmedia.org/houston-based-occidental-petroleum-to-sell-chemical-business-to-berkshire-hathaway-in/?utm_source=rss&utm_medium=rss&utm_campaign=houston-based-occidental-petroleum-to-sell-chemical-business-to-berkshire-hathaway-in Mon, 06 Oct 2025 19:34:57 +0000 http://houstonnewmedia.org/?guid=e9d430f9b28da9b513da6b8fe34f1b0a Occidental said the deal will help the company pay down its debt. Natalie Weber, Fort Bend County Bureau. | Posted on October 6, 2025, 2:21 PM ...

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]]> 1038876 Nearly 190 hectares of Negros Occidental sugar farms affected by insect infestation | ABS-CBN News https://houstonnewmedia.org/nearly-190-hectares-of-negros-occidental-sugar-farms-affected-by-insect-infestation-abs-cbn-news/?utm_source=rss&utm_medium=rss&utm_campaign=nearly-190-hectares-of-negros-occidental-sugar-farms-affected-by-insect-infestation-abs-cbn-news Thu, 29 May 2025 19:54:21 +0000 http://houstonnewmedia.org/?guid=80a2a1d80f48a733390ec69b1699ccda MANILA — Nearly 190 hectares of sugar land in the Visayas have been affected by the spread of red-striped soft scale insects (RSSI), according to the ...

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]]> 959391 Occidental subsidiary inks new deal after reaching major milestone https://houstonnewmedia.org/occidental-subsidiary-inks-new-deal-after-reaching-major-milestone/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-subsidiary-inks-new-deal-after-reaching-major-milestone Tue, 08 Apr 2025 16:29:43 +0000 http://houstonnewmedia.org/?guid=719b4806ab9defb9d194188457407607 1PointFive has inked a new deal for a project in Louisiana after securing a key permit 2.5 years in the making for its West Texas direct air capture facility.

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]]> 935636 Occidental Joins Texas Nuclear Alliance as Founding Member https://houstonnewmedia.org/occidental-joins-texas-nuclear-alliance-as-founding-member/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-joins-texas-nuclear-alliance-as-founding-member Thu, 20 Feb 2025 16:18:33 +0000 https://www.pr.com/press-release/932069 The Texas Nuclear Alliance (TNA) proudly welcomes Houston-based Occidental, a leading energy and chemical company that innovates for a lower-carbon future, as a Founding Member. [PR.com]

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]]> 907953 Behind the deal: Occidental sells non-core Permian acreage to Colgate https://houstonnewmedia.org/behind-the-deal-occidental-sells-non-core-permian-acreage-to-colgate/?utm_source=rss&utm_medium=rss&utm_campaign=behind-the-deal-occidental-sells-non-core-permian-acreage-to-colgate Sun, 13 Jun 2021 11:00:00 +0000 http://houstonnewmedia.org/?guid=88d6b9211b41a86773008207d1ae8f43 The company does have a core position in the Permian, but this isn't a part of it.

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]]> 134105 Occidental Petroleum closes in on divestment goal with $508M deal https://houstonnewmedia.org/occidental-petroleum-closes-in-on-divestment-goal-with-508m-deal/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-petroleum-closes-in-on-divestment-goal-with-508m-deal Thu, 10 Jun 2021 16:11:40 +0000 http://houstonnewmedia.org/?guid=72906b26af3dae7c214d456d1cfbfdde The company is selling 25,000 net acres in the Permian Basin.

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]]> 133651 Pay gap between Occidental Petroleum CEO and median employee widened in 2020 https://houstonnewmedia.org/pay-gap-between-occidental-petroleum-ceo-and-median-employee-widened-in-2020/?utm_source=rss&utm_medium=rss&utm_campaign=pay-gap-between-occidental-petroleum-ceo-and-median-employee-widened-in-2020 Mon, 29 Mar 2021 18:43:36 +0000 http://houstonnewmedia.org/?guid=d3d8aa4e1a7225fa3b1ac15d46f35a79 Oxy's CEO made 104 times the compensation of her median employee in 2020.

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]]> 118618 Occidental Petroleum eyes West Texas for largest-of-its-kind carbon capture project https://houstonnewmedia.org/occidental-petroleum-eyes-west-texas-for-largest-of-its-kind-carbon-capture-project/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-petroleum-eyes-west-texas-for-largest-of-its-kind-carbon-capture-project Tue, 23 Mar 2021 22:18:21 +0000 http://houstonnewmedia.org/?guid=8a674a6da424fe7231e5e86900d5b0c2 The company is looking to build a direct-air carbon capture asset in Ector County.

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]]> 117473 Occidental CEO: Oxy expects carbon capture, carbon management segment to grow https://houstonnewmedia.org/occidental-ceo-oxy-expects-carbon-capture-carbon-management-segment-to-grow/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-ceo-oxy-expects-carbon-capture-carbon-management-segment-to-grow Wed, 03 Mar 2021 18:48:23 +0000 http://houstonnewmedia.org/?guid=5f04b9c7c34ded8362ad0732ef4333c5 Speaking at CERAWeek by IHS Markit 2021, Oxy CEO Vicki Hollub said the company remains committed to sustainability and reducing emissions.

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]]> 113436 Occidental Petroleum further restores executive compensation after 2020 cuts https://houstonnewmedia.org/occidental-petroleum-further-restores-executive-compensation-after-2020-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-petroleum-further-restores-executive-compensation-after-2020-cuts Fri, 12 Feb 2021 19:42:33 +0000 http://houstonnewmedia.org/?guid=abbaa98527a63fc5269a91d3e7950482 The company capped executive salaries at $250,000 early in 2020, raised that to $500,000 in August and has now once again increased it closer to prepandemic levels.

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]]> 109327 Occidental puts 130K square feet in downtown Denver tower on market https://houstonnewmedia.org/occidental-puts-130k-square-feet-in-downtown-denver-tower-on-market/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-puts-130k-square-feet-in-downtown-denver-tower-on-market Fri, 08 May 2020 19:24:32 +0000 http://houstonnewmedia.org/?guid=b13ad891e16d47d2e392f78f984b2344 Earlier this week, Occidental said it will shut in 9% of its producing, onshore U.S. wells. About half of those will be in Colorado.

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]]> 42753 Occidental to shut in wells, eliminate Denver-Julesburg Basin drilling for the rest of 2020 https://houstonnewmedia.org/occidental-to-shut-in-wells-eliminate-denver-julesburg-basin-drilling-for-the-rest-of-2020/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-to-shut-in-wells-eliminate-denver-julesburg-basin-drilling-for-the-rest-of-2020 Wed, 06 May 2020 21:39:22 +0000 http://houstonnewmedia.org/?guid=edf06cd2c336c832aa3976b6d4166794 Company executives lamented stopping drilling new unconventional wells just as it is hitting its operational stride following the Anadarko acquisition.

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]]> 42203 Occidental announces board shakeup, financial reductions https://houstonnewmedia.org/occidental-announces-board-shakeup-financial-reductions/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-announces-board-shakeup-financial-reductions Wed, 25 Mar 2020 17:48:00 +0000 http://houstonnewmedia.org/?guid=3be4d3f098a8da78f521afe939a92f1c The company welcomed a new board of directors chairman and three new directors this week while announcing cuts to its 2020 spending and operating costs.

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]]> 29531 WSJ: Occidental Petroleum in talks to bring former CEO back as chairman https://houstonnewmedia.org/wsj-occidental-petroleum-in-talks-to-bring-former-ceo-back-as-chairman/?utm_source=rss&utm_medium=rss&utm_campaign=wsj-occidental-petroleum-in-talks-to-bring-former-ceo-back-as-chairman Fri, 20 Mar 2020 13:28:37 +0000 http://houstonnewmedia.org/?guid=88981728039e9e4e7b850104fa039f9e Houston-based Occidental Petroleum Corp. might be bringing back a familiar face to lead its board of directors.

The Wall Street Journal reports that former Oxy CEO Stephen Chazen could be announced as the new chairman in the coming days, as long as di...

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]]> 28000 Colorado hits Occidental with record $18.25M penalty for 2017 Firestone home explosion https://houstonnewmedia.org/colorado-hits-occidental-with-record-18-25m-penalty-for-2017-firestone-home-explosion/?utm_source=rss&utm_medium=rss&utm_campaign=colorado-hits-occidental-with-record-18-25m-penalty-for-2017-firestone-home-explosion Fri, 13 Mar 2020 14:44:37 +0000 http://houstonnewmedia.org/?guid=5d89add06c5b81d06635b198dfad9e20 Occidental says it, like Anadarko, will cooperate with state officials.

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]]> 25680 Occidental CEO tells Woodlands EDP at luncheon it will keep local presence https://houstonnewmedia.org/occidental-ceo-tells-woodlands-edp-at-luncheon-it-will-keep-local-presence/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-ceo-tells-woodlands-edp-at-luncheon-it-will-keep-local-presence Fri, 17 Jan 2020 18:01:00 +0000 http://houstonnewmedia.org/?guid=46994a3cd8d943d03b44b8fc9792d435 Occidental Petroleum Corp. CEO Vicki Hollub told the Woodlands Area Economic Development Partnership at a Jan. 10 luncheon the company intends to keep a presence in The Woodlands

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]]> 11929 Occidental announces companywide layoffs https://houstonnewmedia.org/occidental-announces-companywide-layoffs/?utm_source=rss&utm_medium=rss&utm_campaign=occidental-announces-companywide-layoffs Wed, 08 Jan 2020 23:36:00 +0000 http://houstonnewmedia.org/?guid=e8b3f97ea4fffaa66b4b42676d225a27 Occidental Petroleum Corp., which completed its acquisition of Anadarko Petroleum Corp. in 2019, announced in January it expects to reduce staff but did not specify where those cuts would come from.

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]]> 10837 Analyst: Occidental eyes ‘cautious exit’ on midstream MLP https://houstonnewmedia.org/analyst-occidental-eyes-cautious-exit-on-midstream-mlp/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-occidental-eyes-cautious-exit-on-midstream-mlp Tue, 07 Jan 2020 21:59:03 +0000 http://houstonnewmedia.org/?guid=26fe69c0aac0ca14b65dc51107affe86 The exit is structured so that Oxy can exit its stake gradually.

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