Production from new oil fields in the Gulf of Mexico will help the region avoid a decline in output due to natural depletion this year and next.

Occidental achieved record production in Q2, 2024, with $1.3 billion in free cash flow before working capital adjustments.

In addition to the Permian, Occidental is active in Wyoming’s Powder River Basin, Colorado’s DJ Basin and offshore in the Gulf of Mexico. Some analysts said they were surprised to see ...

About a fifth of crude oil output and 28% of natural gas production in the U.S. Gulf of Mexico waters were still offline in ...

U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on ...

U.S. Gulf of Mexico federal offshore waters account for ... BP BP.L said it was not expecting major impacts to its Gulf facilities. Occidental Petroleum OXY.N said it was prepared to implement ...

Occidental is one of the world's largest ... Oxy's conventional assets in the Gulf of Mexico and the Middle East complement its shale operations nicely by generating stable cash flows from assets ...

Oil and gas producers in the U.S. Gulf of Mexico are evacuating staff and halting drilling in anticipation of Tropical Storm Francine, predicted to develop into the season's fourth hurricane. The ...

We are Nexen, Inc. (formerly Canadian Occidental Petroleum ... from a strong base of assets in Yemen, Canada and the Gulf of Mexico. Our core operations also include a 7.23 per cent interest ...

About Occidental Occidental is an international energy company ... in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing ...

Gulf of Mexico offshore oil and gas producers on Monday were evacuating staff and curbing drilling as Tropical Storm Francine ...