news releases

Occidental Petroleum Declares Dividend

LOS ANGELES, Sept. 13, 2001, -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.25 per share of common stock payable January 15, 2002, to stockholders of record on December 10, 2001.

CONTACTS: Occidental Petroleum, Los Angeles
          Lawrence Meriage, Media
          (310) 443-6562
          
          Kenneth J. Huffman, Investors
          (212) 603-8183
          www.oxy.com