Occidental to use $6.5 billion sale proceeds to cut debt Debt peaked after Anadarko, CrownRock deals Berkshire expands chemical portfolio beyond Lubrizol Sale reflects closer ties between Berkshire, ...

Occidental Petroleum (OXY) shares have been moving in a tight range lately, prompting investors to take a closer look at the company’s recent performance and what might be driving sentiment in the oil ...

Sept 28 (Reuters) - Occidental Petroleum (OXY.N), opens new tab is negotiating the sale of its OxyChem division, a transaction that could value the unit at a minimum of $10 billion, the Financial ...

Occidental Petroleum is reportedly in talks to divest its petrochemicals division, OxyChem, in a deal that could be worth up to $10 billion and would create one of the largest independent ...

Occidental Petroleum Corp. Chief Executive Officer Vicki Hollub said she’s all for doing away with three-month financial reporting cycles if the US Securities and Exchange Commission allows it.

Berkshire Hathaway announced Thursday it would acquire Occidental Petroleum’s petrochemical unit, OxyChem, in a deal valued at $9.7 billion, the largest deal by billionaire Warren Buffett’s firm in ...

Occidental Petroleum (NYSE:OXY) has had a great run on the share market with its stock up by a significant 10% over the last three months. As most would know, fundamentals are what usually guide ...

Here's what Berkshire Hathaway's $9.7 billion acquisition of Occidental's chemicals business means for investors. Berkshire has been buying shares in Occidental Petroleum hand over fist since first ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The petrochemical business of ...

Warren Buffett's Berkshire Hathaway is in advanced talks to purchase Occidental Petroleum's petrochemical business, OxyChem, for about $10 billion. This potential acquisition would be Berkshire's ...

(Reuters) -Occidental Petroleum will sell its chemicals arm OxyChem to Warren Buffett's Berkshire Hathaway for $9.7 billion, the company said on Thursday, marking its biggest divestment yet to slash ...

As corporate giants continue to reassess their portfolios amid economic shifts, strategic divestitures are becoming a common tool for companies looking to streamline operations and optimize financial ...