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
Canadian Oil Sands (TSE:COS)(OTCQX:COSWF), the largest owner of the Syncrude oil sands joint venture, reported a substantial drop in its third quarter net profit as a result of foreign exchange losses as well as lower sales.
New Argentina hydrocarbon law a boon for Madalena Energy, spells greater transparency and better incentives
Madalena, following its acquisition of Gran Tierra’s Argentinean assets in June, now has 14 concessions across Argentina over 1 million net acres of land, compared with three blocks over 132,000 acres previously. It also has a major foothold in an area dominated by industry majors like YPF, Chevron, Total, Exxon and several others.
Petromaroc (CVE:PMA) is looking forward to appraisal work within the Sidi Moktar licence, onshore Morocco, where a third party evaluation has confirmed significant natural gas potential.
Eco (Atlantic) Oil & Gas (CVE: EOG) (NSX:EOG) has officially closed the farm out transaction with Tullow Oil it announced in July for its Cooper block in Namibia.
WesternZagros Resources (CVE:WZR) says it has booked its first oil reserves at its light oil discovery on the Garmian block in Iraq after completing a new independent audit of the asset following the submission of its development plans to the regional government.
Madalena Energy (CVE:MVN) has a solid foundation for growth with its high impact horizontal plays, according to analysts at Industrial Alliance Securities, which initiated coverage on the junior oil and gas producer with a buy rating and C$1.35 price target.
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