Occidental Petroleum
American oil company
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| 2024 | Anadarko Peru, a subsidiary of Oxy, completed the initial phase of a 3D marine seismic acquisition project in northern Peruvian waters. |
| June 2024 | Occidental Petroleum signed a memorandum of understanding with TAE Technologies to explore commercial opportunities for using nuclear fusion technology to support direct air capture (DAC) projects, aiming to provide clean electricity and heat for carbon removal processes. |
| January 2024 | A class action lawsuit was filed against Occidental Petroleum and seven other oil and gas producers, alleging an illegal price-fixing scheme that artificially raised gasoline prices for American drivers in three US states. |
| December 2023 | Acquired Permian producer CrownRock for $12 billion, with completion planned for August 2024. |
| August 2023 | Acquired Carbon Engineering, a direct air capture technology company, for $1.1 billion. |
| May 2022 | Anadarko Colombia (Oxy subsidiary) and Ecopetrol formed a joint exploration agreement for offshore deep-water Caribbean exploration, with plans to drill the world's deepest offshore oil well by 2024. |
| 2020 | Occidental Petroleum's Middle East operations produced a significant portion of their total production, with 19% coming from Oman, Qatar, and the United Arab Emirates. The region also held 28% of the company's proved reserves. |
| 2020 | Occidental Petroleum became the largest operator and oil producer in the Permian Basin, with significant production through unconventional oil directional drilling and enhanced oil recovery techniques. |
| August 2019 | Acquired Anadarko Petroleum for $57 billion, making it the world's fourth-largest oil and gas acquisition. |
| May 2016 | Vicki Hollub became the first female CEO of a major US oil and gas company. |
| September 2014 | Moved headquarters to Houston, Texas. |
| May 2011 | Ray R. Irani retired as CEO after shareholder objections, replaced by Stephen I. Chazen. |
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