Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the fourth largest U.S. oil and gas company, based on equity market capitalization.
20/01/11Occidental Petroleum takes 40% interest in massive Shah Gas Field in Abu Dhabi
22/10/09Occidental Petroleum production and sales growth increases in third quarter
Recent Sector News
Tethys Petroleum (TSE:TPL) (LON:TPL) has signed a memorandum of understanding with PetroChina International, another key step toward selling gas into the growing Chinese market.
Tethys (TSE:TPL) (LON:TPL) said it has increased its proven reserves by 18 percent and its proven and probable reserves by 7 percent from the previous year period, driven by the company's production performance and successful gas well drilling last year.
Marquee Energy's (CVE:MQL) "complimentary" acquisition at Michichi in east central Alberta continues to consolidate its core area, with one third of the cost funded through non-core dispositions, according to Dundee Capital Markets.
TAG Oil (TSE:TAO) (OTCQX:TAOIF) said its fiscal third quarter production jumped 30 percent from a year earlier and 8 percent from the previous quarter due to successful development drilling and optimization at its core Cheal operations in New Zealand.
Madalena Energy's (CVE:MVN) shares rose after receiving an upbeat assessment from Industrial Alliance Securities on the back of a 155 percent increase in the Argentina-focused oil and gas junior's proved plus probable reserves.
Surge Energy (TSE:SGY), which is focused on Alberta and Manitoba, reported a 52 percent increase in its proved plus probable reserves at year-end 2014. Proved plus Probable reserves rose to 112.0 million barrels of oil equivalent on December 31, 2014, from 73.5 million boe on December 31, 2013, the Calgary, Alberta-based company said in a statement today.
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