Tag: Occidental Petroleum

Upstream sector led oil and gas M&A deals in 2019

Upstream sector led oil and gas M&A deals in 2019

The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during the process.

Occidental Petroleum elects news Board Members

Occidental Petroleum Corporation announced the election of William R. Klesse, chairman of the Board and CEO of Valero Energy Corporation, and Gene L. Batchelder, former senior vice president and chief administrative officer (CAO) at ConocoPhillips to its Board of Directors.

Oxy given ultimatum by Amazon leaders

Indigenous communities from the Peruvian Amazon told Occidental Petroleum (Oxy) to clean up its toxic waste from their tropical rainforest or face a major lawsuit.

Oxy poisons indigenous communites

A report to be released 3 May, the eve of Occidental Petroleum’s (Oxy) Annual General Meeting, reveals that the LA-based oil major deliberately ignored industry standards and employed out-of-date practices in its operations in the Peruvian Amazon, resulting in severe cadmium and lead poisoning among indigenous communities.

Oil/water separation facility in Qatar

CBI Eastern Anstalt, the primary Middle Eastern subsidiary of Chicago Bridge & Iron Company NV, has been awarded a lump-sum turn-key contract by Occidental Petroleum of Qatar (Occidental) for the engineering, procurement and construction of new oil/water separation facilities offshore of Qatar.

UAE Dolphin project

UOG, the Arab Emirates group, will chose one company out of five western oil companies by the end of the year to replace US group Enron in the Dolphin gas project, in which French oil group TotalFinaElf is a partner.