...million this year. The deal announced Friday carries a tradeoff for Citigroup: While the $250 million sale to Occidental Petroleum Corp. means a bit less government scrutiny, it also means the bank is losing hundreds of millions of dollars in...
...positive, and the outlook is more promising for a potential lifting of sanctions sooner rather than later," said Occidental Petroleum Corp. spokesman Larry Meriage. Los Angeles-based Occidental is one of four U.S. oil majors that withdrew from...
EMPLOYER SPOTLIGHT OCCIDENTAL CHEMICAL CORP. LOCATION: 1620 Marvin Griffin Road, south Augusta OWNER: Occidental Petroleum Corp., Los Angeles PRODUCTS: Augusta plant produces liquid sodium silicate, an ingredient used to make a variety...
...partnershipOlin Corp., which has a chemical plant in Augusta, announced Tuesday it will not become partners with Occidental Petroleum Corp. to produce chlor-alkali products. Regulatory issues and disagreements between the two companies brought...
...will eliminate 900 jobs and close 20 small offices over the next two years to trim costs by $500 million. Occidental Petroleum Corp. has said it will eliminate 80 jobs from its headquarters staff and 210 jobs at its Bakersfield, Calif...
...followed on the AP list by two energy industry CEOs, Bob Simpson of XTO Energy Inc. at $59.5 million and Occidental Petroleum Corp.'s Ray R. Irani at $52.8 million. The top 10 earners were in disparate industries, but they all had...
...earnings rose 16 percent to $7.2 billion. ConocoPhillips said net income grew 43 percent to $3 billion and Occidental Petroleum Corp. said earnings climbed 46 percent to $1.55 billion.Chevron Corp., the second-biggest U.S. oil company...
...production costs. Parent company Altria Group Inc., another Dow component, rose 17 cents to $48.83. Occidental Petroleum Corp. saw its earnings surge 55 percent in the quarter due to higher energy prices, even as it announced the retirement...
Olin Corp. and Occidental Petroleum Corp. announced plans Wednesday to form a new joint-venture company to produce chlor-alkali products. The partnership is subject...
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