http://www.irconnect.com/oxy/ Occidental Petroleum Corp. News en-us Copyright 2008, Occidental Petroleum Corp. Mon, 28 Apr 2008 18:10:26 GMT http://blogs.law.harvard.edu/tech/rss newsdesk@primezone.com webmaster@primezone.com http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=141118 TAFT, La., April 28, 2008 (PRIME NEWSWIRE) -- Occidental Chemical Corporation (OxyChem) announced today that it has become the only mercury-free producer of caustic potash in North America. With this move and the shutdown of OxyChem's Muscle Shoals chlor-alkali plant, OxyChem has also ceased all mercury cell based production in North America. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=141118 Mon, 28 Apr 2008 18:10 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=138885 LOS ANGELES, March 26, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that Richard W. Hallock, Executive Vice President, Human Resources, plans to retire at the end of the year after completion of 14 years of service with the company. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=138885 Wed, 26 Mar 2008 16:45 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=137863 LOS ANGELES, March 10, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of an agreement with Abu Dhabi's International Petroleum Investment Company (IPIC) for joint participation in hydrocarbon-related investments. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=137863 Mon, 10 Mar 2008 12:15 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=135206 LOS ANGELES, Jan. 29, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that in 2007 the company's consolidated subsidiaries had preliminary proved reserve additions from all sources of 242 million barrels of oil equivalent (BOE) compared to production of 209 million BOE, for a production replacement rate of 116 percent. Occidental incurred $4.45 billion in costs for oil and gas property acquisitions and exploration and development activities. At the end of 2007, Occidental's consolidated reserves-to-production ratio, assuming production remained at the 2007 level, was 13.7 years. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=135206 Tue, 29 Jan 2008 11:29 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=129810 LOS ANGELES, Oct. 25, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it is sponsoring a challenge grant to assist the American Red Cross of Greater Los Angeles to raise $200,000 to aid the victims of the California wildfires as well as year-round local disaster relief efforts. Oxy has pledged to contribute to the American Red Cross Disaster Relief Fund a total of $50,000 -- matching one dollar for every three dollars raised for this fund and the American Red Cross of Greater Los Angeles Local Disaster Relief Fund -- to reach the $200,000 goal. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=129810 Fri, 26 Oct 2007 00:39 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=128332 LOS ANGELES, Oct. 9, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Wednesday, October 24, 2007, following the release of its third quarter 2007 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-888-873-8496. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=128332 Tue, 9 Oct 2007 17:24 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=118531 LOS ANGELES, May 1, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced an asset exchange with BP. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=118531 Tue, 1 May 2007 13:00 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=113872 LOS ANGELES, Feb. 15, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors increased the number of shares authorized for the previously announced share repurchase program from 40 million shares to 55 million shares. Approximately 31.6 million shares have been repurchased through January 31, 2007, leaving 23.4 million shares to be repurchased from time to time in the open market or otherwise. The share repurchases will continue to be funded solely from available cash from operations. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=113872 Thu, 15 Feb 2007 20:09 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=113486 LOS ANGELES, Feb. 9, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced that steps are being taken in collaboration with regulatory officials, including California's Division of Occupational Safety and Health (Cal/OSHA), to resume production at its Elk Hills, California operation following a February 6 incident involving the rupture of natural gas gathering lines and a resulting fire. Approximately one-half acre of the 75 square-mile oil and natural gas field was directly impacted. Apart from the affected gathering lines, no other production or processing facilities were damaged. Lines were inspected in October 2006 as part of the company's comprehensive mechanical integrity program. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=113486 Fri, 9 Feb 2007 19:40 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=113119 LOS ANGELES, Feb. 5, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that in 2006 the company's consolidated subsidiaries had preliminary proved reserve additions from all sources of 518 million barrels of oil equivalent (BOE) compared to production of 211 million BOE, for a production replacement rate of 245 percent. Occidental incurred $8.83 billion in costs for oil and gas property acquisitions and exploration and development activities. Included in the 2006 acquisitions cost is a related step-up for deferred income taxes of $1.34 billion for the purchase of Vintage Petroleum Inc. There was no goodwill recorded for this acquisition. At the end of 2006, Occidental's consolidated reserves-to-production ratio, assuming production remained at the 2006 level, was 13.6 years. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=113119 Mon, 5 Feb 2007 15:49 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=112302 LOS ANGELES, Jan. 23, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE: OXY) today announced that it has commenced a cash tender offer to purchase any and all of its 10 1/8% Senior Debentures due 2009, 9 1/4% Senior Debentures due 2019, 8.750% Senior Notes due 2023, 7.200% Senior Debentures due 2028 and 8.450% Senior Notes due 2029. The tender offer will expire at 5:00 p.m., New York City time, on January 30, 2007 unless extended. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=112302 Tue, 23 Jan 2007 12:00 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=102802 LOS ANGELES, July 26, 2006 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Friday, August 4, 2006, following the release of its second-quarter 2006 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-888-873-8496. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=102802 Wed, 26 Jul 2006 22:56 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=99348 LOS ANGELES, May 17, 2006 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today filed an arbitration claim against the Government of Ecuador, seeking redress for Ecuador's illegal confiscation of Occidental's Block 15 operations in Ecuador. The company filed its claim with the International Centre for Settlement of Investment Disputes in Washington DC, invoking the protections of the US-Ecuador Bilateral Investment Treaty. Occidental has requested the arbitration panel order interim relief by restoring its rights in Ecuador and preventing Ecuador from replacing Occidental with another third party operator in Block 15 until its claims can be decided, a process that could take well over a year. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=99348 Wed, 17 May 2006 23:55 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=99154 LOS ANGELES, May 15, 2006 (PRIMEZONE) -- Ecuador's Minister of Energy formally declared that Occidental's (NYSE:OXY) contract for the operation of Block 15 had been terminated and the Government of Ecuador has the right under Ecuadorian law to seize the assets immediately. Despite the actions taken by the Government of Ecuador, Occidental remains committed to an amicable settlement of this dispute. Occidental's Block 15 operations represent approximately 7 percent of Occidental's first quarter worldwide production, 3 percent of its pro-forma proved consolidated reserves including the Vintage acquisition, and 2 percent of its total property plant and equipment, net of accumulated depreciation, depletion and amortization, at March 31, 2006. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=99154 Tue, 16 May 2006 01:34 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=97561 LOS ANGELES, April 18, 2006 (PRIMEZONE) -- Occidental Chemical Corporation ("OxyChem"), a wholly-owned subsidiary of Occidental Petroleum Corporation (NYSE:OXY), today announced that it will convert its membrane cell chlor-alkali plant in Taft, Louisiana to produce potassium hydroxide (KOH). The company also announced it will close its Muscle Shoals, Alabama mercury cell chlor-alkali operation sometime in 2008 after this conversion is completed. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=97561 Tue, 18 Apr 2006 17:00 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=96771 LOS ANGELES, April 4, 2006 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today it was awarded a new production sharing contract area, Block 54, in southeastern Oman immediately adjacent to Block 53 where Occidental operates the giant Mukhaizna Field. Occidental will operate Block 54 and hold a 70 percent interest. The Block 54 contract area is approximately 5,620 square kilometers. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=96771 Tue, 4 Apr 2006 14:04 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=94708 LOS ANGELES, Feb. 23, 2006 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced its 2006-2010 growth plan at a meeting with financial analysts in New York. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=94708 Thu, 23 Feb 2006 12:45 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=93867 LOS ANGELES, Feb. 10, 2006 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that the company is in discussions with BP (NYSE:BP) to develop options for sequestering carbon dioxide (CO2) in its California oil fields. The CO2 would be captured as a byproduct from the 500 MW hydrogen-fired power project proposed to be constructed in Carson, California as a joint venture between BP and Edison Mission Group, a unit of Edison International (NYSE:EIX). Removing the CO2, a greenhouse gas, from the energy generation process would make this one of the world's cleanest power generation plants. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=93867 Fri, 10 Feb 2006 18:02 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=86806 LOS ANGELES, Sept. 27, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has lifted its first cargo of Libyan crude oil since returning to its historic contract areas in that Country. This high quality cargo, which consists of approximately 900,000 barrels with an API gravity of 36 degrees and low sulfur content, will be delivered to the United States. This is the first shipment of a U.S. company's equity share of Libyan crude oil to the U.S. market since the U.S. lifted economic sanctions on Libya that were in place for nearly 20 years. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=86806 Tue, 27 Sep 2005 13:19 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=84920 LOS ANGELES, Aug. 31, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it is donating $1 million to the American Red Cross to aid the victims of Hurricane Katrina. In addition, the company will match all individual employee contributions to the Red Cross for use in the relief effort. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=84920 Wed, 31 Aug 2005 20:44 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=81733 LOS ANGELES, July 14, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that a Royal Decree has been issued by the Sultanate of Oman approving the contract for the development of the Mukhaizna oil field, one of the largest oilfields in Oman. Under the terms of a new Production Sharing Contract, Occidental will be operator of the field and hold a 45 percent interest, the Government of the Sultanate of Oman, through Oman Oil Company, will hold a 20 percent interest, 17 percent will be held by Shell Oman Trading Company Limited, 15 percent by Liwa Energy Ltd. (an investment company of the Government of Abu Dhabi), Total E&P Oman will hold a 2 percent interest, and Partex (Oman) will hold 1 percent. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=81733 Thu, 14 Jul 2005 16:25 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=81357 LOS ANGELES, July 7, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Friday, July 22, 2005, following the release of its second-quarter 2005 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-888-873-8496. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=81357 Thu, 7 Jul 2005 16:50 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=78547 LOS ANGELES, May 19, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE: OXY) today announced the acquisition of an interest in oil and gas production from ExxonMobil in the Permian Basin of West Texas for a purchase price of approximately $972 million. The production being acquired from ExxonMobil is primarily from the Salt Creek, Sharon Ridge and Dollarhide fields. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=78547 Thu, 19 May 2005 20:18 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77925 LOS ANGELES, May 10, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE: OXY) announced today that it has entered into a closing agreement with the U.S. Internal Revenue Service (IRS) resolving certain foreign tax credit issues as part of the IRS audit of tax years 1997-2000. As a result, Occidental's second quarter 2005 earnings will reflect an increase in income attributable to a tax benefit of approximately $600 million, or approximately $1.50 per share, for the reversal of tax reserves that were previously established for those foreign tax credit issues. This resolution will not have a significant cash effect. While this resolution concludes the audit for taxable year 1997, taxable years 1998 through 2003 continue to be in various stages of audit by the IRS. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77925 Tue, 10 May 2005 23:40 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77832 LOS ANGELES, May 9, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has sold 11 million shares of Lyondell Chemical Company (LYO) for gross proceeds of approximately $300 million. This will result in a second quarter 2005 net income gain of approximately $90 million, or $.22 per share, and net after tax cash proceeds of approximately $244 million. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77832 Tue, 10 May 2005 00:35 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77745 LOS ANGELES, May 6, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its board of directors has elected Jim A. Leonard as Vice President and Controller. Leonard will have responsibility for Occidental's external financial reporting and technical accounting and consolidation functions, and will direct accounting support for all Occidental business units. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77745 Fri, 6 May 2005 23:28 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77382 LOS ANGELES, May 2, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has signed a Heads of Agreement with the government of Oman to develop the Mukhaizna oil field, one of the largest oilfields in Oman. Under the terms of a new Production Sharing Contract, Occidental will be operator of the field. Occidental's partner in the project is Liwa Energy Limited, which is owned by Mubadala Development, the investment and development company wholly owned by the Government of the Emirate of Abu Dhabi. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=77382 Mon, 2 May 2005 17:44 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=75997 LOS ANGELES, April 11, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, April 26, 2005, following the release of its first-quarter 2005 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-888-873-8496. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=75997 Mon, 11 Apr 2005 17:28 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=73150 LOS ANGELES, Feb. 22, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that in 2004 the company's consolidated subsidiaries had proved reserve additions from all sources of 266 million barrels of oil equivalent (BOE) compared to production of 198 million BOE. Occidental incurred $1.79 billion in costs for oil and gas property acquisitions and exploration and development activities. At the end of 2004, Occidental's consolidated reserves-to-production ratio, assuming production remained at the 2004 level, was 12.6 years. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=73150 Tue, 22 Feb 2005 12:52 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=71729 LOS ANGELES, Jan. 31, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today it was awarded interests in nine exploration blocks in Libya's first licensing round since U.S. sanctions were lifted. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=71729 Mon, 31 Jan 2005 13:00 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=70970 LOS ANGELES, Jan. 17, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation's (NYSE:OXY) Chairman and Chief Executive Officer, Dr. Ray R. Irani, announced today that effective immediately, its oil and gas operations are being divided into two core regions -- Western Hemisphere and Eastern Hemisphere. John W. Morgan has been appointed to the position of President, Oxy Oil and Gas - Western Hemisphere and R. Casey Olson has been appointed President, Oxy Oil and Gas - Eastern Hemisphere. Both Executives will report to Dr. Irani. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=70970 Mon, 17 Jan 2005 15:58 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=70610 LOS ANGELES, Jan. 10, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Monday, January 24, 2005, following the release of its fourth-quarter 2004 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-888-873-8496. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=70610 Mon, 10 Jan 2005 20:18 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=69054 LOS ANGELES, Dec. 7, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced that its board of directors today adopted a corporate-wide human rights policy. The policy reaffirms Occidental's respect for and promotion of human rights as recognized in the Universal Declaration of Human Rights, the International Labour Organization Declaration on Fundamental Principles and Rights at Work, the Voluntary Principles on Security and Human Rights, and the Global Sullivan Principles. The policy specifically provides for social risk assessments prior to the onset of operations in locations outside the United States; the inclusion of human rights provisions in foreign contracts; human rights training programs for employees and security contractors; and background checks on security personnel. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=69054 Tue, 7 Dec 2004 20:25 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=65344 LOS ANGELES, Oct. 11, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, October, 21, 2004, following the release of its third-quarter 2004 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=65344 Mon, 11 Oct 2004 21:18 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=62804 LOS ANGELES, Aug. 23, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today received information that the Government of Ecuador is considering the initiation of proceedings to terminate Occidental's Participation Contract for Block 15, based on an assertion that the company has breached the agreement. Occidental believes that it has complied with all material obligations under the Participation Contract and intends to present its position to the appropriate Ecuadorian officials at forthcoming meetings. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=62804 Mon, 23 Aug 2004 23:26 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=60701 LOS ANGELES, July 13, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that a tribunal of international arbitrators formed under the US-Ecuador Bilateral Investment Treaty has issued its unanimous decision awarding approximately $75 million as compensation for value added tax (VAT) refunds from the company's Block 15 operations in Ecuador that were deemed wrongfully withheld by the Government of Ecuador through December 31, 2003. The tribunal's decision also indicates that similar VAT refunds should be paid going forward. An Occidental subsidiary is the operator of Block 15, with a 60% net economic interest. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=60701 Tue, 13 Jul 2004 13:30 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=60354 LOS ANGELES, July 6, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Monday, July 19, 2004, following the release of its second-quarter 2004 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-800-475-2151. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=60354 Tue, 6 Jul 2004 18:22 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=56800 LOS ANGELES, April 30, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation's (NYSE:OXY) chairman and chief executive officer, Dr. Ray R. Irani, reported Occidental's exceptional financial performance to the assembled stockholders at the company's annual meeting. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=56800 Fri, 30 Apr 2004 19:22 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=56373 LOS ANGELES, April 23, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has signed an agreement with Colombia's national oil company, Ecopetrol, to extend the term of Occidental's interest in the Cravo Norte Association Contract for the operation of Colombia's second largest oil field at Caño Limón. The contract, which was due to expire in 2008, was amended to extend through the economic life of the field, currently estimated to last at least through 2018. Occidental will remain the operator of the Caño Limón field and Ecopetrol will continue to operate the Caño Limón-Covenas export pipeline. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=56373 Fri, 23 Apr 2004 15:16 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=55223 LOS ANGELES, April 1, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it and its partners Petro-Canada and Petrofac have been selected through a competitive bidding process to negotiate a Production Sharing Contract for the development of the gas reserves in Syria's Palmyra area Gas Project. Occidental has a 25% percent interest in the Project, which the Syrian Ministry of Petroleum and Natural Resources has targeted for start up in 2007. Petro-Canada will be the operator. The Project will sell the gas into Syria's power generating markets. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=55223 Thu, 1 Apr 2004 17:10 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=54319 LOS ANGELES, March 17, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) and the California Province of the Society of Jesus, an Occidental stockholder, announced today the withdrawal of a proposal that was to have been presented at Occidental's 2004 Annual Meeting of Stockholders. That proposal requested that Occidental's Board of Directors adopt a formal policy on human rights. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=54319 Wed, 17 Mar 2004 12:54 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=54173 LOS ANGELES, March 15, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation's (NYSE:OXY) Chairman and Chief Executive Officer, Dr. Ray R. Irani, met with the Libyan leader, Colonel Moammar al-Ghadafi, and other high-ranking Libyan officials in Libya to discuss the resumption of the company's operations that were suspended in 1986. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=54173 Mon, 15 Mar 2004 13:31 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=51847 LOS ANGELES, Feb. 2, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that, including acquisitions, it replaced 184 percent of its 2003 worldwide production of 200 million barrels of oil equivalent (BOE) at an average finding, development and acquisition cost of $4.27 per BOE. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=51847 Mon, 2 Feb 2004 13:08 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=51297 LOS ANGELES, Jan. 22, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the fourth quarter 2003 of $382 million ($0.99 per share), compared with $322 million ($0.85 per share) for the fourth quarter 2002. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=51297 Thu, 22 Jan 2004 11:18 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=49774 LOS ANGELES, Dec. 15, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that on January 20, 2004, it intends to redeem all of its outstanding 8.16% Subordinated Deferrable Interest Notes Due 2039. This redemption will result in the simultaneous mandatory redemption by Oxy Capital Trust I of its outstanding 8.16% Trust Originated Preferred Securities (CUSIP 692070204) (NYSE:OXYPRB). http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=49774 Mon, 15 Dec 2003 18:41 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=43559 LOS ANGELES, August 6, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that GovernanceMetrics International (GMI), an independent governance agency, awarded Occidental its highest corporate governance score. Occidental was one of fifteen US and two Canadian firms, out of a total of 1,000 US and 600 non-US companies, to receive a top score of 10.0. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=43559 Wed, 6 Aug 2003 13:18 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39628 LOS ANGELES, April 29, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation's (NYSE:OXY) Board of Directors has amended its Policy on Stockholder Rights Plans (commonly known as "poison pills"). Although a stockholder proposal recommending stockholder approval of poison pills received only 38% of the vote at Occidental's 2003 Annual Meeting of Stockholders, the Board of Directors amended its policy in recognition of stockholder support. The amendment to the Policy on Stockholders Rights Plans is as follows: http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39628 Tue, 29 Apr 2003 13:29 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39516 LOS ANGELES, April 25, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation's (NYSE:OXY) chairman and chief executive officer, Dr. Ray R. Irani, told stockholders at the company's annual meeting that during the period 2000 through 2002, the company had achieved "top quartile results in virtually all of the key financial criteria used to measure comparative performance among our oil and gas industry peers." http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39516 Fri, 25 Apr 2003 19:44 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39470 LOS ANGELES, April 24, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) issued the following statement: We learned from media reports that a complaint had been filed against Occidental in U.S. District Court, Central District of California, relating to the loss of civilian lives during a military action in Santo Domingo, Colombia, in December 1998. We also received a statement announcing that the plaintiff in this action would be holding a press conference with former State Senator Tom Hayden outside our Annual Stockholders' Meeting on April 25. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39470 Thu, 24 Apr 2003 22:52 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39092 LOS ANGELES, April 15, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the closing of three acquisitions in the Permian Basin during the first part of 2003. These three transactions will result in proved reserve additions totaling an estimated 73 million barrels of oil equivalent (BOE) for a net acquisition cost of approximately $235 million, or roughly $3.20 per BOE. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=39092 Tue, 15 Apr 2003 15:22 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=38959 LOS ANGELES, April 11, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, April 22, 2003, following the release of its first-quarter 2003 financial results. The conference call, which will begin at 11:30 a.m. EST, may be accessed by calling 1-888-868-9080. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=38959 Fri, 11 Apr 2003 17:19 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=37315 LOS ANGELES, Mar 3, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced a wildcat discovery in the Wolfcamp formation in its Anton-Irish Clearfolk field in the Texas Panhandle. The discovery well, Snead #1, was drilled to a total depth of 6,780 feet. Current production is approximately 3,000 barrels of oil per day, with potential structure-wide reserves estimated at 12 million barrels of oil. Eighteen development wells have been drilled to date with up to 10 new wells planned for 2003. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=37315 Mon, 3 Mar 2003 13:24 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=37109 LOS ANGELES, Feb 25, 2003, (PRIMEZONE) -- Following meetings with Occidental Petroleum Corporation (NYSE:OXY) management, Walden Asset Management on behalf of its clients, including the Needmor Fund, Boston Common Asset Management, LLC on behalf its client, Brethren Benefit Trust, Inc., and the Sinsinawa Dominicans agreed to withdraw a climate change proposal submitted for consideration at Occidental Petroleum's 2003 annual meeting. The proposal requested that Occidental Petroleum prepare a report describing the operating, financial and reputation risks to the company associated with past, present and future greenhouse gas emissions related to its operations and products. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=37109 Tue, 25 Feb 2003 13:17 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=36919 LOS ANGELES, Feb 19, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has discovered two new fields in Block 15, Ecuador. Two exploratory wells Yanaquincha Este-1 and Yanaquincha Oeste-1, 12 & 16 Km from the existing Central Processing Facilities encountered oil between 21 and 27.2 API in three zones: Hollin, Napo U and T Sandstones, between 9,758 feet and 10,200 feet. Each of the test wells encountered more than 90 feet of net pay. The Hollin formation tested at a rate of 590 barrels of oil per day (B/D) natural flow on a one-half inch choke. The U formation flowed up to 2,300 barrels per day on pump and the T formation flowed at rates up to 3,320 barrels per day on pump. The two back-to-back adjacent discoveries follow the successful completion of an extensive 3D seismic survey over Block 15. The two exploration wells were followed by two delineation wells and drilling continues with two more delineation wells planned. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=36919 Wed, 19 Feb 2003 13:25 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=36208 LOS ANGELES, Feb 3, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it replaced 140 percent of its 2002 worldwide production of 188 million barrels of oil equivalent (BOE) at an average finding, development and acquisition cost of $4.65 per BOE. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=36208 Mon, 3 Feb 2003 15:27 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=36049 LOS ANGELES, Jan 29, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the fourth quarter 2002 of $322 million ($0.85 per share), compared with a net loss of $247 million ($0.66 per share) for the fourth quarter 2001. The fourth quarter 2001 included a $240 million after-tax charge, reflecting the effect of the agreement to sell Occidental's interest in Equistar. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=36049 Wed, 29 Jan 2003 11:58 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=35668 LOS ANGELES, Jan 17, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Wednesday, January 29, 2003 following the release of its fourth-quarter 2002 financial results. The conference call, which will begin at 11:30 a.m. EST, may be accessed by calling 1-888-868-9080. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=35668 Fri, 17 Jan 2003 14:45 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=34673 LOS ANGELES, Dec 10, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today the election to its board of directors of R. Chad Dreier, president and chief executive officer since 1993 of The Ryland Group, a national homebuilder. Mr. Dreier joins 9 other independent, outside directors and 2 members of management who comprise the current board. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=34673 Tue, 10 Dec 2002 17:01 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=32863 LOS ANGELES, Oct 21, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the third quarter 2002 of $402 million ($1.07 per share), compared with $444 million ($1.19 per share) for the third quarter 2001. Earnings before special items and discontinued operations were $329 million ($0.87 per share) for the third quarter 2002, compared with $316 million ($0.85 per share) for the third quarter 2001. The third quarter 2002 included special items and discontinued operations of a net $73 million gain related to asset sales, primarily the sale of the investment in Equistar, partially offset by the impairment of various chemical assets. The third quarter 2001 special items and discontinued operations included a net $128 million gain related to the sale of non-strategic assets. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=32863 Mon, 21 Oct 2002 12:26 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=32669 LOS ANGELES, Oct. 15, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Monday, October 21, 2002 following the release of its third-quarter 2002 financial results. The conference call, which will begin at 11:30 a.m. EST, may be accessed by calling 1-888-868-9080. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=32669 Tue, 15 Oct 2002 17:31 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=32576 LOS ANGELES, Oct. 11, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) has agreed to sell its chromium chemical business to United Kingdom based Elementis plc for $40 million in cash and up to an additional $6 million in future performance based proceeds. As a result of the sale, Occidental will recognize an after-tax loss of approximately $30 million. The loss will be recognized in the third quarter results. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=32576 Fri, 11 Oct 2002 13:00 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=30981 LOS ANGELES, Aug. 22, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced the completion of the sale of the entities holding its 29.5 percent equity interest in Equistar to Lyondell Chemical Company (NYSE:LYO) in exchange for 34 million shares of Lyondell common stock which represents approximately 21 percent of Lyondell's outstanding shares. As part of the transaction, Dr. Ray R. Irani, Occidental's Chairman and Chief Executive Officer, and Steven I. Chazen, Occidental's Chief Financial Officer and Executive Vice President - Corporate Development, joined Lyondell's Board of Directors. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=30981 Thu, 22 Aug 2002 16:43 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=30499 LOS ANGELES, Aug. 12, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Chief Executive Officer and Chief Financial Officer have signed and sent to the Securities and Exchange Commission the certifications of publicly filed reports mandated by both SEC Order 4-460 and the recently passed Sarbanes-Oxley legislation. The certifications accompanied Occidental's Form 10-Q for the second quarter 2002. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=30499 Mon, 12 Aug 2002 13:14 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29826 LOS ANGELES, July 22, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the second quarter 2002 of $240 million ($0.64 per share), compared with $473 million ($1.27 per share) for the second quarter 2001. Earnings before special items were $466 million ($1.25 per share) for the second quarter 2001. There were no special items in the second quarter 2002. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29826 Mon, 22 Jul 2002 11:31 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29741 LOS ANGELES, July 18, 2002 (PRIMEZONE) -- 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 October 15, 2002, to stockholders of record on September 10, 2002. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29741 Thu, 18 Jul 2002 17:17 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29740 LOS ANGELES, July 18, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced that Walter L. Weisman, a private investor and past chairman and chief executive officer of American Medical International, Inc., a multinational hospital management firm now part of the Tenet Healthcare Corporation, was elected to fill a newly created seat on its board of directors. Mr. Weisman joins 8 other independent, outside directors and 2 members of management who comprise the current board. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29740 Thu, 18 Jul 2002 16:53 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29597 DALLAS, July 15, 2002 (PRIMEZONE) -- Occidental Chemical Corporation (OxyChem) today announced a major upgrade to its integrated, web-based customer portals, Connect2.OxyChem.com and Connect2.OxyVinyls.com as part of its continuing efforts to enhance customer service. The company has implemented the latest version of Haht Commerce's Demand Chain software, Suite 7.0 to provide customers with the online capability to place and check orders, and to change previous orders. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29597 Mon, 15 Jul 2002 13:16 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29350 LOS ANGELES, July 8, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Monday, July 22, 2002 following the release of its second-quarter 2002 financial results. The conference call, which will begin at 11:30 a.m. EST, may be accessed by calling 1-888-868-9080. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=29350 Mon, 8 Jul 2002 16:02 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=28086 LOS ANGELES, June 3, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced that it has signed a definitive agreement with the United Arab Emirates' (UAE) Offsets Group to acquire a 24.5 percent interest in the Dolphin Project and Dolphin Energy Limited (DEL) for $310 million. The Dolphin Project and DEL is a partnership that includes the Offsets Group (51 percent interest) and TotalFinaElf (24.5 percent interest). http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=28086 Mon, 3 Jun 2002 13:22 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=27186 LOS ANGELES, May 8, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced that it has been selected by the United Arab Emirates' (UAE) Offsets Group as the successful bidder for a 24.5 percent interest in the Dolphin Project and Dolphin Energy Limited (DEL), a partnership that includes the Offsets Group (51 percent interest) and TotalFinaElf (24.5 percent interest). Occidental and Offsets expect to complete a definitive agreement by June 1. The DEL partners will collaborate on the $3.5 billion Dolphin Project which consists of two parts 3/4 (1) a development and production sharing agreement with Qatar to develop and produce natural gas and condensate in Qatar's North Field and (2) the rights for DEL to build, own and operate a 260-mile-long, 48-inch export pipeline to transport 2 billion cubic feet per day of dry natural gas from Qatar to markets in the UAE for a period of 25 years. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=27186 Wed, 8 May 2002 14:27 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=27031 LOS ANGELES, May 3, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation's (NYSE:OXY) chairman and chief executive officer, Dr. Ray R. Irani, told shareholders at the company's annual meeting that 2000 and 2001 were the best two years in Occidental's history and that "Occidental has never been stronger and our outlook has never looked better." http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=27031 Fri, 3 May 2002 19:31 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=26985 LOS ANGELES, May 2, 2002 (PRIMEZONE) -- 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 July 15, 2002, to stockholders of record on June 10, 2002. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=26985 Thu, 2 May 2002 22:21 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=25365 LOS ANGELES, March 22, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced that its Board of Directors has appointed KPMG as the company's independent auditor for 2002, replacing Arthur Andersen, LLP. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=25365 Fri, 22 Mar 2002 17:00 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=24122 LOS ANGELES, Feb. 20, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it replaced 138 percent of its 2001 worldwide production of 174 million barrels of oil equivalent (BOE) at an average finding and development cost of $4.54 per BOE - excluding acquisitions. Including acquisitions, the replacement rate was 141 percent at an average finding, development and acquisition cost of $4.80 per BOE. Worldwide proven reserve additions from all sources in 2001 totaled approximately 244 million BOE, resulting in a 3 percent increase in reserves to 2.24 billion BOE and a reserves-to-production ratio of 12.9 years at the end of 2001. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=24122 Wed, 20 Feb 2002 13:04 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=23391 LOS ANGELES, Feb. 4, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced earnings before special items for the fourth quarter 2001 were $35 million ($0.09 per share), compared with $349 million ($0.94 per share) for the same period a year ago. Results for the fourth quarter of 2001 were a loss of $247 million ($0.66 per share), compared with income of $333 million ($0.90 per share) for the same period of 2000. Sales for the fourth quarter of 2001 were $2.4 billion, compared with $3.9 billion for the same period in 2000. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=23391 Mon, 4 Feb 2002 12:03 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=22892 LOS ANGELES, Jan. 21, 2002 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Monday, February 4, 2002 following the release of its fourth-quarter 2001 financial results. The conference call, which will begin at 11:30 a.m. EST, may be accessed by calling 1-888-868-9080. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=22892 Mon, 21 Jan 2002 16:25 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=22357 LOS ANGELES, Dec 27, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that OxyVinyls LP, an affiliate of Occidental Chemical Corporation (OxyChem), will idle its chlor-alkali manufacturing facility in Deer Park, Texas due to current market conditions. The facility, which has an annual production capacity of 410,000 tons of chlorine and 451,000 tons of its co-product caustic soda, will resume operation when warranted by market conditions. During the period of suspended operations, OxyChem will supply OxyVinyls with an equivalent volume of chlorine from other facilities and will continue to meet all customer requirements. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=22357 Thu, 27 Dec 2001 17:02 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=20893 LOS ANGELES, Oct. 17, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced earnings before special items for the third quarter 2001 of $317 million ($0.85 per share), compared with $370 million ($1.00 per share) for the same period a year ago. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=20893 Wed, 17 Oct 2001 11:43 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=20771 LOS ANGELES, Oct. 10, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Wednesday, October 17, 2001 following the release of its third-quarter financial results. The conference call, which will begin at 11:30 a.m. EST, may be accessed by calling (888) 868-9080. The conference call also can be heard live on the company's Website, www.oxy.com. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=20771 Wed, 10 Oct 2001 13:33 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=20069 LOS ANGELES, Sept. 13, 2001, (PRIMEZONE) -- 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. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=20069 Thu, 13 Sep 2001 16:25 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18632 LOS ANGELES, July 19, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced earnings before special items for the second quarter 2001 of $466 million ($1.25 per share), up 34-percent from $343 million ($0.93 per share) for the same period a year ago. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18632 Thu, 19 Jul 2001 11:40 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18612 LOS ANGELES, July 18, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) has agreed to sell its residual interest in Occidental Texas Pipeline Company to Kinder Morgan Energy Partners, L.P. for $360 million. The pipeline was originally part of MidCon, Occidental's former natural gas transmission subsidiary that was acquired by Kinder Morgan, Inc. in 1998. Occidental also has agreed to purchase gas from the pipeline at market prices for use in its chemical operations. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18612 Wed, 18 Jul 2001 20:17 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18447 LOS ANGELES, July 12, 2001 (PRIMEZONE) -- 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 October 15, 2001, to stockholders of record on September 10, 2001. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18447 Thu, 12 Jul 2001 16:20 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18407 LOS ANGELES, July 11, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has sold its interest in the Tangguh LNG project in Indonesia, currently in its initial phase of development, to Mitsubishi Corporation of Japan for a sale price of $480 million. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18407 Wed, 11 Jul 2001 12:37 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18367 LOS ANGELES, July 10, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call following the release of its Second-quarter financial results on Thursday, July 19, 2001. The conference call, to begin at 11:30 a.m. EST, may be accessed by calling (888) 868-9080. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=18367 Tue, 10 Jul 2001 12:38 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=17244 LOS ANGELES, May 21, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that the Kingdom of Saudi Arabia has selected Occidental to participate in the significant "Red Sea" Core Venture 2 project, one of three large natural gas and infrastructure projects that are part of the Saudi Arabian Natural Gas Initiative. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=17244 Mon, 21 May 2001 13:12 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=16213 LOS ANGELES, April 20, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation's (NYSE:OXY) chairman and chief executive officer, Dr. Ray R. Irani, told shareholders at the company's annual meeting that he was "highly confident that we will be able to reduce our total debt this year by $1 billion dollars while at the same time vigorously pursuing new growth initiatives in the oil and gas segment -- particularly in the Middle East." http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=16213 Fri, 20 Apr 2001 19:58 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=16201 LOS ANGELES, April 20, 2001 (PRIMEZONE) -- 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 July 15, 2001, to stockholders of record on June 8, 2001. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=16201 Fri, 20 Apr 2001 13:30 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=16095 LOS ANGELES, April 18, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced record earnings before special items for the first quarter 2001 of $510 million ($1.38 per share), an increase of more than 90 percent, compared with $264 million ($0.72 per share) for the first quarter 2000. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=16095 Wed, 18 Apr 2001 11:47 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=15851 LOS ANGELES, April 10, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call following the release of its first-quarter financial results on Wednesday, April 18, 2001. The conference call, to begin at 11:30 a.m. EST, may be accessed by calling 1-888-868-9083. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=15851 Tue, 10 Apr 2001 12:54 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=14040 LOS ANGELES, Feb. 5, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that, excluding acquisitions and asset sales, it replaced 119 percent of 2000 worldwide combined oil and natural gas production of 169 million barrels of oil equivalent (BOE), for a finding and development cost of $3.72 per BOE. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=14040 Mon, 5 Feb 2001 13:19 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=13737 LOS ANGELES, Jan. 24, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced earnings before special items for the fourth quarter 2000 of $349 million ($0.94 per share), an increase of greater than 80 percent, compared with $192 million ($0.52 per share) for the fourth quarter of 1999. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=13737 Wed, 24 Jan 2001 11:41 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=13536 LOS ANGELES, Jan. 16, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has signed a production-sharing contract with the government of Yemen to conduct oil exploration in Block 44 in the Hadramaut province in Central Yemen. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=13536 Tue, 16 Jan 2001 18:45 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=13529 LOS ANGELES, Jan. 16, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call following the release of its fourth-quarter financial results on Wednesday, January 24, 2001. The conference call, to begin at 12:30 p.m. EST, may be accessed by calling 1-800-275-3210. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=13529 Tue, 16 Jan 2001 15:09 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12555 LOS ANGELES, Nov. 16, 2000 (PRIMEZONE) -- Strategic actions initiated since 1997 to refocus and strengthen Occidental Petroleum Corporation (NYSE:OXY) have added $1.25 per share in recurring earnings annually, Dr. Ray R. Irani, the company's chairman and chief executive, said at the company's meeting today with financial analysts in New York. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12555 Thu, 16 Nov 2000 14:25 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12349 LOS ANGELES, Nov. 9, 2000 (PRIMEZONE) -- 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, 2001, to stockholders of record on December 8, 2000. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12349 Thu, 9 Nov 2000 16:17 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12090 LOS ANGELES, Nov. 1, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that it has completed the previously announced sale of its Durez phenolic resins and compounding business and assets to Sumitomo Bakelite Co., Ltd. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12090 Wed, 1 Nov 2000 17:04 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12077 LOS ANGELES, Nov. 1, 2000, (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that it has agreed to farm out an interest in its operations in Block 15 in Ecuador to Alberta Energy Company Ltd., of Calgary, Canada. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=12077 Wed, 1 Nov 2000 14:54 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=11607 LOS ANGELES, Oct. 18, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $402 million ($1.09 per share) for the third quarter of 2000, compared with $126 million ($0.35 per share) for the corresponding period of 1999. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=11607 Wed, 18 Oct 2000 11:44 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=11533 LOS ANGELES, Oct. 16, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call following the release of its third-quarter financial results on Wednesday, October 18, 2000. The conference call, to begin at 11:30 a.m. EDT, may be accessed by calling 1-800-275-3210. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=11533 Mon, 16 Oct 2000 17:30 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=10572 LOS ANGELES, Sept. 8, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its subsidiary, Occidental Chemical Corporation, has signed a non-binding letter of intent with Sumitomo Bakelite Co., Ltd., for that company to acquire Occidental's Durez phenolic resins and compounding business and assets. Included in the proposed sale are manufacturing facilities at Niagara Falls, N.Y.; Kenton, Ohio; Fort Erie, Ontario, Canada; and Genk, Belgium. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=10572 Fri, 8 Sep 2000 16:09 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=9293 LOS ANGELES, July 20, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation said today that its board of directors has declared a regular quarterly dividend of $.25 per share of common stock payable October 15, 2000, to stockholders of record on September 8, 2000. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=9293 Thu, 20 Jul 2000 16:20 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=9271 LOS ANGELES, July 20, 2000, (PRIMEZONE) -- Occidental Petroleum Corporation said today that it has agreed to two transactions with Apache Corporation involving Occidental's interests in proved reserves of about 50 million barrels of oil equivalent in the Continental Shelf of the Gulf of Mexico. These transactions will generate proceeds of $341 million this year and additional proceeds of $11 million per year for the next four years -- for a total consideration of $385 million. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=9271 Thu, 20 Jul 2000 12:37 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=8781 LOS ANGELES, June 28, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that it and its chemical subsidiary, OxyChem, have signed a letter of intent with Olin Corporation to combine the companies' chlor-alkali and related businesses in a joint venture with annual sales of approximately $1.2 billion. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=8781 Wed, 28 Jun 2000 11:11 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=8556 LOS ANGELES, Jun 16, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation said today that it is exploring options to sell or otherwise exit several of its chemical intermediate businesses, including its Niagara Falls chemical intermediate facility. These businesses have combined annual sales of approximately $430 million. This process is expected to be completed by the end of the year. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=8556 Fri, 16 Jun 2000 14:20 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7308 LOS ANGELES, May 1, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced that its board of directors has elected Dr. Lawrence P. Meriage vice president communications and public affairs. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7308 Mon, 1 May 2000 15:49 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7256 LOS ANGELES, April 28, 2000 (PRIMEZONE)-- 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 July 15, 2000, to stockholders of record on June 9, 2000. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7256 Fri, 28 Apr 2000 14:07 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7152 LOS ANGELES, April 25, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation said today that it will call for redemption on June 1, 2000, all of its outstanding 11-1/8% Senior Debentures due June 1, 2019, at a redemption price of 100% of the principal amount thereof. The outstanding aggregate principal amount is $75 million for Debentures issued on May 15, 1989. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7152 Wed, 26 Apr 2000 00:28 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7076 LOS ANGELES, April 24, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that it has completed the acquisition of ARCO Long Beach Inc., owner of the Long Beach Unit's operating contractor, THUMS. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=7076 Mon, 24 Apr 2000 16:47 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=6913 LOS ANGELES, April 18, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that it has completed the sale of its 29.2 percent stake in Canadian Occidental Petroleum Ltd. for gross proceeds of approximately $1.2 billion Canadian, following approval of the sale by CanOxy stockholders. The sale is expected to result in after-tax net proceeds of about $700 million U.S. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=6913 Tue, 18 Apr 2000 16:45 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=6817 LOS ANGELES, April 14, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that it has appointed two general counsels for its oil and gas division. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=6817 Fri, 14 Apr 2000 16:53 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=6445 LAWRENCE, Kan., March 29, 2000 (PRIMEZONE) -- The University of Kansas today formed a partnership with a major oil and gas company to survey and document the plant and animal life in environmentally sensitive areas that may require restoration after oil exploration and drilling. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=6445 Wed, 29 Mar 2000 07:00 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5948 LOS ANGELES, March 8, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today it has agreed to acquire all of the common interest in the Altura Energy Ltd. Partnership - the largest oil producer in the state of Texas. Altura has proved reserves of approximately 850 million barrels of oil equivalent. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5948 Wed, 8 Mar 2000 10:50 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5826 LOS ANGELES, March 1, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today it has agreed to sell for $29.61 Canadian per share its 29.2 percent stake in Canadian Occidental Petroleum Ltd. for gross proceeds of approximately $1.2 billion Canadian. Occidental expects its after-tax net proceeds from the sale to be approximately $700 million U.S. and to report a gain of approximately $300 million U.S. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5826 Wed, 1 Mar 2000 16:25 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5357 LOS ANGELES, Feb. 14, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) today announced that it replaced 100 percent of 1999 worldwide oil and gas production on an equivalent barrel basis. Over the past five years, Occidental has replaced an average 171 percent of its oil and gas production. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5357 Mon, 14 Feb 2000 13:22 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5329 LOS ANGELES, Feb. 10, 2000 (PRIMEZONE) -- 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 April 15, 2000, to stockholders of record on March 10, 2000. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=5329 Thu, 10 Feb 2000 17:07 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=4969 LOS ANGELES, Jan. 25, 2000 (PRIMEZONE)--Occidental Petroleum Corporation (NYSE:OXY) announced net income of $383 million ($1.04 per share) for the fourth quarter of 1999, compared with a net loss of $38 million ($.12 per share) for the fourth quarter of 1998. The 1999 results included the effects of a number of special items discussed below in their respective business segments. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=4969 Tue, 25 Jan 2000 15:02 GMT http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=4560 LOS ANGELES, Jan. 3, 2000 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY)and EOG Resources, Inc. today announced they exchanged certain oil and gas assets that will further each company's programs to further focus exploration and production activities and achieve cost savings through operational synergies. http://www.irconnect.com/oxy/pages/news_releases.html?ref=rss&d=4560 Mon, 3 Jan 2000 15:40 GMT