http://www.irconnect.com/oxy/ Occidental Petroleum Corp. News en-us Copyright 2009, Occidental Petroleum Corp. Tue, 10 Nov 2009 13:21:14 GMT http://backend.userland.com/rss newsdesk@globenewswire.com (NewsDesk) webmaster@globenewswire.com (Webmaster) http://www.irconnect.com/oxy/xml/nitf.html?d=178045 LOS ANGELES, Nov. 10, 2009 -- Occidental Petroleum Corporation (NYSE:OXY), Mubadala Development Company (Mubadala) and the National Oil and Gas Authority of Bahrain (NOGA) announced the creation of a new joint operating company, Tatweer Petroleum-Bahrain Field Development Company (Tatweer Petroleum), which will serve as the operator for the Bahrain Field. The company will operate under the Development and Production Sharing Agreement signed in April 2009 by all three partners, approved by the Bahraini parliament in May 2009 and ratified by His Majesty King Hamad bin Isa Al Kalifa. http://www.irconnect.com/oxy/xml/nitf.html?d=178045 Tue, 10 Nov 2009 13:21 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=176220 LOS ANGELES, Oct. 22, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $927 million ($1.14 per diluted share) for the third quarter of 2009, compared with $2.3 billion ($2.77 per diluted share) for the third quarter of 2008. http://www.irconnect.com/oxy/xml/nitf.html?d=176220 Thu, 22 Oct 2009 12:35 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=175149 LOS ANGELES, Oct. 9, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it signed an agreement to purchase Phibro LLC ("Phibro") from Citigroup Inc., for approximately net asset value. http://www.irconnect.com/oxy/xml/nitf.html?d=175149 Fri, 9 Oct 2009 13:53 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=175074 LOS ANGELES, Oct. 8, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.33 per share on common stock payable on January 15, 2010, to stockholders of record as of December 10, 2009. http://www.irconnect.com/oxy/xml/nitf.html?d=175074 Thu, 8 Oct 2009 17:43 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=174864 LOS ANGELES, Oct. 6, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, October 22, 2009, following the release of its third quarter 2009 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=174864 Tue, 6 Oct 2009 20:49 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=169648 LOS ANGELES, July 23, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $682 million ($0.84 per diluted share) for the second quarter of 2009, compared with $2.3 billion ($2.78 per diluted share) for the second quarter of 2008. http://www.irconnect.com/oxy/xml/nitf.html?d=169648 Thu, 23 Jul 2009 12:37 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=169580 LOS ANGELES, July 22, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has made a significant discovery of oil and gas reserves in Kern County, California. http://www.irconnect.com/oxy/xml/nitf.html?d=169580 Wed, 22 Jul 2009 21:15 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=169150 LOS ANGELES, July 16, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that former U.S. Secretary of Commerce Carlos M. Gutierrez, 55, has been elected to its Board of Directors. Prior to his government service, Secretary Gutierrez was Chairman and CEO of Kellogg Company. His election brings the Oxy Board to 13 members, 12 of whom are independent outside directors. http://www.irconnect.com/oxy/xml/nitf.html?d=169150 Thu, 16 Jul 2009 18:43 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=169112 LOS ANGELES, July 16, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $.33 per share on common stock payable October 15, 2009, to stockholders of record on September 10, 2009. http://www.irconnect.com/oxy/xml/nitf.html?d=169112 Thu, 16 Jul 2009 18:24 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=168481 LOS ANGELES, July 7, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, July 23, 2009, following the release of its second quarter 2009 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=168481 Tue, 7 Jul 2009 17:38 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=164648 LOS ANGELES, May 5, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today the election of Anita Powers as a Vice President of Occidental Petroleum and Executive Vice President, Worldwide Exploration, Oxy Oil and Gas. http://www.irconnect.com/oxy/xml/nitf.html?d=164648 Tue, 5 May 2009 17:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=164413 LOS ANGELES, May 1, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) Chairman and Chief Executive Officer Dr. Ray R. Irani reported on the company's record 2008 financial and operational achievements at Oxy's annual stockholders' meeting today in Santa Monica, California. http://www.irconnect.com/oxy/xml/nitf.html?d=164413 Fri, 1 May 2009 20:12 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=164333 LOS ANGELES, April 30, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has increased the company's quarterly dividend from $.32 per share to $.33 per share for an annual rate of $1.32 per share, compared to the previous annual rate of $1.28 per share. http://www.irconnect.com/oxy/xml/nitf.html?d=164333 Thu, 30 Apr 2009 17:35 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=163892 LOS ANGELES, April 27, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have signed a Development and Production Sharing Agreement (DPSA) with the National Oil and Gas Authority of Bahrain (NOGA) for the further development of the Bahrain Field. Under this agreement, a Joint Operating Company will be formed to serve as operator for the project under the DPSA. http://www.irconnect.com/oxy/xml/nitf.html?d=163892 Mon, 27 Apr 2009 13:20 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=163699 LOS ANGELES, April 23, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced that its net income for the first quarter of 2009 was $368 million ($0.45 per diluted share). Results for the quarter were impacted by certain non-core charges. Core results for the first quarter of 2009 were $407 million ($0.50 per diluted share). http://www.irconnect.com/oxy/xml/nitf.html?d=163699 Thu, 23 Apr 2009 12:35 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=162570 LOS ANGELES, April 6, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, April 23, 2009, following the release of its first quarter 2009 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=162570 Mon, 6 Apr 2009 17:26 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=162040 LOS ANGELES, March 26, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that Edward A. "Sandy" Lowe, a Vice President of Occidental Petroleum Corporation, has been named President, Oxy Oil and Gas - International Production. http://www.irconnect.com/oxy/xml/nitf.html?d=162040 Fri, 27 Mar 2009 00:02 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=161946 LOS ANGELES, March 25, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that R. Casey Olson, Executive Vice President, and President of Oxy Oil and Gas - International, has elected to retire. Mr. Olson has been with the company for 12 years. http://www.irconnect.com/oxy/xml/nitf.html?d=161946 Wed, 25 Mar 2009 21:15 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=161399 LOS ANGELES, March 16, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), a business development and investment company based in Abu Dhabi, announced today that they have signed an Interim Agreement with the National Oil and Gas Authority of Bahrain (NOGA) for the further development of the Bahrain Field. Under this agreement, OXY, Mubadala and NOGA will complete work on the formation of a new joint operating company (JOC) that will implement a development plan to dramatically increase the Bahrain Field's production of both oil and gas. http://www.irconnect.com/oxy/xml/nitf.html?d=161399 Mon, 16 Mar 2009 13:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=159582 LOS ANGELES, Feb. 13, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that at year-end 2008, the company's preliminary worldwide proved reserves, on a consolidated basis, totaled 2.98 billion barrels of oil equivalent (BOE) compared to 2.87 billion BOE at the end of 2007. In 2008, the company's consolidated subsidiaries had proved reserve additions from all sources, before the effect of price-related revisions, of 463 million BOE, compared to production of 221 million BOE, for a production replacement ratio of 210 percent. At the end of 2008, Occidental's consolidated reserves-to-production ratio, assuming production remained at the 2008 level, was 13.5 years. http://www.irconnect.com/oxy/xml/nitf.html?d=159582 Fri, 13 Feb 2009 13:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=159084 LOS ANGELES, Feb. 5, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.32 per share on common stock payable April 15, 2009, to stockholders of record on March 10, 2009. http://www.irconnect.com/oxy/xml/nitf.html?d=159084 Thu, 5 Feb 2009 17:28 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=158574 LOS ANGELES, Jan. 29, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $443 million ($0.55 per diluted share) for the fourth quarter of 2008, compared with $1.452 billion ($1.74 per diluted share) for the fourth quarter of 2007. Core results for the fourth quarter of 2008 were $957 million ($1.18 per diluted share), compared with $1.464 billion ($1.76 per diluted share) for the fourth quarter of 2007. Core results for 2008 excluded after-tax charges of $514 million ($0.63 per diluted share). http://www.irconnect.com/oxy/xml/nitf.html?d=158574 Thu, 29 Jan 2009 12:33 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=158284 LOS ANGELES, Jan. 26, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) today announced that its Board of Directors has approved a 'say on pay' policy. Under this new policy stockholders will have a non-binding advisory vote on executive compensation starting at the company's 2010 annual meeting. http://www.irconnect.com/oxy/xml/nitf.html?d=158284 Mon, 26 Jan 2009 13:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=157507 LOS ANGELES, Jan. 12, 2009 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, January 29, 2009, following the release of its fourth quarter 2008 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=157507 Mon, 12 Jan 2009 17:33 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=156278 LOS ANGELES, Dec. 11, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that the Board of Directors has elected Sandy Lowe a Vice President of the corporation. http://www.irconnect.com/oxy/xml/nitf.html?d=156278 Thu, 11 Dec 2008 23:59 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=155291 MUSCAT, Oman, Nov. 24, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company of Abu Dhabi (Mubadala) today announced the signing of an Exploration and Production Sharing Agreement ("EPSA") with the Ministry of Oil and Gas in the Sultanate of Oman. Under the terms of the EPSA, the parties will develop four existing gas fields and explore for potential new discoveries in a newly formed contract area ("Habiba" - Block 62) in Northern Oman. The 20 year agreement covers a 2,269 square kilometre area. http://www.irconnect.com/oxy/xml/nitf.html?d=155291 Mon, 24 Nov 2008 12:32 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=155073 LOS ANGELES, Nov. 19, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it is donating $50,000 to the American Red Cross in support of relief efforts for victims of the Southern California wildfires. The American Red Cross is providing shelter, clothing and other essentials for people displaced by the fires in Los Angeles, Santa Barbara, Ventura, Orange and Riverside counties. http://www.irconnect.com/oxy/xml/nitf.html?d=155073 Wed, 19 Nov 2008 20:55 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=153120 LOS ANGELES, Oct. 28, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $2.271 billion ($2.78 per diluted share) for the third quarter of 2008, compared with $1.324 billion ($1.58 per diluted share) for the third quarter of 2007. http://www.irconnect.com/oxy/xml/nitf.html?d=153120 Tue, 28 Oct 2008 12:30 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=152144 LOS ANGELES, Oct. 14, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, October 28, 2008, following the release of its third quarter 2008 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=152144 Tue, 14 Oct 2008 17:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=152111 LOS ANGELES, Oct. 14, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that the Board of Directors has elected Roy Pineci as Vice President, Controller and Principal Accounting Officer, effective November 14, 2008. Mr. Pineci replaces Jim A. Leonard who will be retiring. http://www.irconnect.com/oxy/xml/nitf.html?d=152111 Tue, 14 Oct 2008 15:15 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=152104 LOS ANGELES, Oct. 14, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that Jim A. Leonard, Vice President and Controller, will retire after more than 30 years of service. http://www.irconnect.com/oxy/xml/nitf.html?d=152104 Tue, 14 Oct 2008 15:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=151902 LOS ANGELES, Oct. 9, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.32 per share on common stock payable January 15, 2009, to stockholders of record on December 10, 2008. http://www.irconnect.com/oxy/xml/nitf.html?d=151902 Thu, 9 Oct 2008 17:16 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=151790 LOS ANGELES, Oct. 8, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of a preliminary agreement with Abu Dhabi National Oil Company (ADNOC) to appraise and develop Jarn Yaphour and Ramhan oil and gas fields in the Emirate of Abu Dhabi. Oxy will operate both fields and hold a 100 percent interest in newly created concessions. http://www.irconnect.com/oxy/xml/nitf.html?d=151790 Wed, 8 Oct 2008 14:48 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=151005 LOS ANGELES, Sept. 25, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) today announced the signing of a definitive purchase and sale agreement with Plains Exploration & Production Company (NYSE:PXP) to purchase all of PXP's interests in the Permian Basin of West Texas and New Mexico and Piceance Basin of Colorado for $1.25 billion. http://www.irconnect.com/oxy/xml/nitf.html?d=151005 Thu, 25 Sep 2008 12:06 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=150879 LOS ANGELES, Sept. 23, 2008 -- Occidental Petroleum announced today that it will make two donations totaling $450,000 to aid victims of Hurricanes Ike and Gustav in Texas and Louisiana. Oxy will donate $250,000 to the American Red Cross, which is providing food, shelter and other resources to thousands affected by the recent hurricanes in Texas. In addition, Oxy will contribute $200,000 to LAFESTE, the Louisiana Foundation for Excellence in Science, Technology and Education, to help cover the cost of generators being provided to assist evacuees who are returning to areas of Louisiana otherwise without electrical power. http://www.irconnect.com/oxy/xml/nitf.html?d=150879 Tue, 23 Sep 2008 16:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=147044 LOS ANGELES, July 24, 2008 -- Occidental Petroleum Corporation (NYSE: OXY) announced net income of $2.297 billion ($2.78 per diluted share) for the second quarter of 2008, compared with $1.412 billion ($1.68 per diluted share) for the second quarter of 2007. http://www.irconnect.com/oxy/xml/nitf.html?d=147044 Thu, 24 Jul 2008 12:30 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=146584 LOS ANGELES, July 18, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has authorized the repurchase of an additional 20 million shares of the company's common stock. This brings to 95 million the total number of shares authorized for repurchase since Oxy began the repurchase program in 2005. http://www.irconnect.com/oxy/xml/nitf.html?d=146584 Fri, 18 Jul 2008 12:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=146583 LOS ANGELES, July 17, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.32 per share on common stock payable October 15, 2008, to stockholders of record on September 10, 2008. http://www.irconnect.com/oxy/xml/nitf.html?d=146583 Thu, 17 Jul 2008 17:48 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=146145 LOS ANGELES, July 10, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, July 24, 2008, following the release of its second quarter 2008 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=146145 Thu, 10 Jul 2008 14:15 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=145507 LOS ANGELES, June 30, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) today announced an agreement with SandRidge Energy (NYSE:SD) to develop a West Texas hydrocarbon gas processing plant and related pipeline infrastructure that will provide carbon dioxide (CO2) for use in Oxy's enhanced oil recovery (EOR) projects. The new CO2 resources are expected to expand Oxy's Permian production by a minimum of 50,000 barrels of oil per day within the next five years. http://www.irconnect.com/oxy/xml/nitf.html?d=145507 Mon, 30 Jun 2008 14:46 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=145126 LOS ANGELES, June 23, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today the signing of the full 30-year agreements with the Libyan National Oil Company (NOC) to upgrade its existing petroleum contracts. http://www.irconnect.com/oxy/xml/nitf.html?d=145126 Mon, 23 Jun 2008 14:36 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=145097 LOS ANGELES, June 23, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) today announced the signing of a definitive agreement with Enerplus Resources Fund to purchase a 15% interest in the Joslyn Oil Sands Project in Alberta, Canada for C$500 million. http://www.irconnect.com/oxy/xml/nitf.html?d=145097 Mon, 23 Jun 2008 14:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=141702 LOS ANGELES, May 2, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) Chairman and Chief Executive Officer Dr. Ray R. Irani reported on the company's 2007 record-setting achievements at Oxy's annual stockholders' meeting today in Santa Monica. http://www.irconnect.com/oxy/xml/nitf.html?d=141702 Fri, 2 May 2008 20:38 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=141601 LOS ANGELES, May 1, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has increased the company's annual dividend 28 percent to an annual rate of $1.28 per share, compared to the previous annual rate of $1.00 per share. http://www.irconnect.com/oxy/xml/nitf.html?d=141601 Thu, 1 May 2008 18:49 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=141118 TAFT, La., April 28, 2008 -- 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/xml/nitf.html?d=141118 Mon, 28 Apr 2008 19:10 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=140855 LOS ANGELES, April 24, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $1.846 billion ($2.23 per diluted share) for the first quarter of 2008, compared with $1.212 billion ($1.43 per diluted share) for the first quarter of 2007. http://www.irconnect.com/oxy/xml/nitf.html?d=140855 Thu, 24 Apr 2008 12:35 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=140264 LOS ANGELES, April 16, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that William E. Albrecht has been named President, Oxy Oil and Gas, USA reporting to Chairman and Chief Executive Officer Dr. Ray R. Irani. http://www.irconnect.com/oxy/xml/nitf.html?d=140264 Wed, 16 Apr 2008 21:49 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=140265 LOS ANGELES, April 16, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that John W. Morgan, Executive Vice President, and President of Oxy Oil and Gas, Western Hemisphere, has elected to retire after almost 25 years of service with the company. http://www.irconnect.com/oxy/xml/nitf.html?d=140265 Wed, 16 Apr 2008 21:39 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=139753 LOS ANGELES, April 8, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, April 24, 2008, following the release of its first quarter 2008 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=139753 Tue, 8 Apr 2008 19:58 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=138885 LOS ANGELES, March 26, 2008 -- 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/xml/nitf.html?d=138885 Wed, 26 Mar 2008 17:45 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=137863 LOS ANGELES, March 10, 2008 -- 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/xml/nitf.html?d=137863 Mon, 10 Mar 2008 13:15 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=136420 LOS ANGELES, Feb. 14, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors increased the number of shares authorized for repurchase by 20 million shares. Since beginning the program in October 2005, the company has repurchased approximately 52.4 million shares, leaving 22.6 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 and are subject to market conditions and other factors. http://www.irconnect.com/oxy/xml/nitf.html?d=136420 Thu, 14 Feb 2008 20:47 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=136410 LOS ANGELES, Feb. 14, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.25 per share on common stock payable April 15, 2008, to stockholders of record on March 10, 2008. http://www.irconnect.com/oxy/xml/nitf.html?d=136410 Thu, 14 Feb 2008 19:07 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=135206 LOS ANGELES, Jan. 29, 2008 -- 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/xml/nitf.html?d=135206 Tue, 29 Jan 2008 12:29 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=135205 LOS ANGELES, Jan. 29, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) announced record net income of $5.400 billion ($6.44 per diluted share) for the twelve months of 2007, compared with $4.191 billion ($4.87 per diluted share) for the twelve months of 2006. http://www.irconnect.com/oxy/xml/nitf.html?d=135205 Tue, 29 Jan 2008 12:22 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=134255 LOS ANGELES, Jan. 14, 2008 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, January 29, 2008, following the release of its fourth quarter 2007 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=134255 Mon, 14 Jan 2008 19:02 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=133135 LOS ANGELES, Dec. 17, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) today announced the signing of a definitive purchase and sale agreement with Plains Exploration & Production (NYSE:PXP) to purchase the following properties for $1.55 billion: http://www.irconnect.com/oxy/xml/nitf.html?d=133135 Mon, 17 Dec 2007 12:40 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=133011 LOS ANGELES, Dec. 13, 2007 -- Dr. Ray R. Irani, Chairman and Chief Executive Officer of Occidental Petroleum Corporation (NYSE:OXY), announced today that the Board of Directors has elected Stephen I. Chazen as President and Chief Financial Officer. http://www.irconnect.com/oxy/xml/nitf.html?d=133011 Thu, 13 Dec 2007 18:01 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=131958 LOS ANGELES, Nov. 26, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) announced today it has signed agreements with the Libyan National Oil Corporation (NOC) to upgrade several of its existing petroleum contracts. The new agreements will be consistent with the newly established EPSA IV contractual frame work now utilized in the Libyan oil industry. http://www.irconnect.com/oxy/xml/nitf.html?d=131958 Mon, 26 Nov 2007 12:05 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=129810 LOS ANGELES, Oct. 25, 2007 -- 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/xml/nitf.html?d=129810 Fri, 26 Oct 2007 01:39 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=129557 LOS ANGELES, Oct. 24, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $1.324 billion ($1.58 per diluted share) for the third quarter of 2007, compared with $1.170 billion ($1.36 per diluted share) for the third quarter of 2006. Core results for the third quarter of 2007 were a record high of $1.210 billion ($1.45 per diluted share), after excluding after-tax gains of $72 million from the sale of exploration properties, net of asset impairments, $34 million from the sale of non-core assets and $8 million from discontinued operations; compared with $1.103 billion ($1.28 per diluted share) for the third quarter of 2006. See the attached schedule for a reconciliation of net income to core results. http://www.irconnect.com/oxy/xml/nitf.html?d=129557 Wed, 24 Oct 2007 12:05 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=128571 LOS ANGELES, Oct. 11, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that Robert M. McGee, Vice President, Government Relations, has chosen to retire following 34 years of service. http://www.irconnect.com/oxy/xml/nitf.html?d=128571 Thu, 11 Oct 2007 22:28 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=128537 LOS ANGELES, Oct. 11, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.25 per share on common stock payable January 15, 2008, to stockholders of record on December 10, 2007. Oxy's board voted to raise the quarterly dividend in July to the annual rate of $1.00 per share from the previous annual rate of $.88 per share. http://www.irconnect.com/oxy/xml/nitf.html?d=128537 Thu, 11 Oct 2007 17:42 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=128332 LOS ANGELES, Oct. 9, 2007 -- 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/xml/nitf.html?d=128332 Tue, 9 Oct 2007 18:24 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=123511 LOS ANGELES, July 24, 2007 -- Occidental Petroleum Corporation (NYSE: OXY) announced net income for the second quarter 2007 was $1.412 billion ($1.68 per diluted share), compared with $860 million ($0.99 per diluted share) for the second quarter 2006. The second quarter 2007 net income includes $419 million after-tax gains ($0.50 per diluted share) from the sale of non-core assets. The second quarter 2006 net income includes a $347 million after-tax loss ($0.40 per diluted share) from the write-off of assets and income from the operations of assets written off and held for sale. http://www.irconnect.com/oxy/xml/nitf.html?d=123511 Tue, 24 Jul 2007 12:01 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=123299 LOS ANGELES, July 19, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has increased the quarterly dividend to $.25 per share of common stock for an annual rate of $1.00 per share, compared to the previous annual rate of $.88 per share. The dividend will be payable on October 15, 2007, to stockholders of record on September 10, 2007. http://www.irconnect.com/oxy/xml/nitf.html?d=123299 Thu, 19 Jul 2007 18:32 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=122657 LOS ANGELES, July 10, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, July 24, 2007, following the release of its second 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/xml/nitf.html?d=122657 Tue, 10 Jul 2007 15:26 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=122655 LOS ANGELES, July 10, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that the giant Dolphin Project, one of the largest energy projects ever to be undertaken in the Middle East, is fully operational and delivering natural gas from its own production wells to customers in the United Arab Emirates. Deliveries to customers in Oman are expected to begin in the near future resulting in a unique regional gas grid. http://www.irconnect.com/oxy/xml/nitf.html?d=122655 Tue, 10 Jul 2007 14:48 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=119373 LOS ANGELES, May 11, 2007 -- Occidental (NYSE:OXY) announced today that it plans to sell all of its 20,990,070 share (8.3%) holdings in Lyondell Chemical Company. Occidental has sold 6,990,070 shares of Lyondell common stock to a single purchaser in a private transaction for a price of more than $32 per share. Occidental also entered into a total return swap agreement with respect to its remaining 14 million shares of Lyondell common stock. This agreement will enable Occidental to realize a similar market price with respect to future sales of such shares. Although Occidental currently intends to dispose of such shares in open market sales over the next few months utilizing Rule 144, it has no obligation to do so. Assuming all of its remaining 14,000,000 shares are sold on this basis, including the receipts from the completed sale, Occidental anticipates aggregate net after-tax proceeds from the sale of the shares of approximately $520 million and a net gain of approximately $200 million. http://www.irconnect.com/oxy/xml/nitf.html?d=119373 Fri, 11 May 2007 14:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=118930 LOS ANGELES, May 4, 2007 -- Occidental Petroleum Corporation's (NYSE:OXY) Chairman, President and Chief Executive Officer, Dr. Ray R. Irani, reported on the company's 2006 record setting achievements at Oxy's annual stockholders meeting. http://www.irconnect.com/oxy/xml/nitf.html?d=118930 Fri, 4 May 2007 20:49 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=118861 LOS ANGELES, May 3, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.22 per share on common stock payable July 15, 2007, to stockholders of record on June 8, 2007. http://www.irconnect.com/oxy/xml/nitf.html?d=118861 Thu, 3 May 2007 18:45 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=118531 LOS ANGELES, May 1, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) today announced an asset exchange with BP. http://www.irconnect.com/oxy/xml/nitf.html?d=118531 Tue, 1 May 2007 14:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=118009 LOS ANGELES, April 24, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the first quarter 2007 was $1.212 billion ($1.43 per diluted share), compared with $1.231 billion ($1.43 per diluted share) for the first quarter 2006. Core results for the first quarter 2007 were $831 million ($0.98 per diluted share), compared with $1.153 billion ($1.34 per diluted share) for the same period in 2006. See the attached schedule for a reconciliation of net income to core results. http://www.irconnect.com/oxy/xml/nitf.html?d=118009 Tue, 24 Apr 2007 12:36 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=117966 LOS ANGELES, April 23, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) today announced two separate transactions with BP. http://www.irconnect.com/oxy/xml/nitf.html?d=117966 Mon, 23 Apr 2007 21:28 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=117018 LOS ANGELES, April 9, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, April 24, 2007, following the release of its first-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/xml/nitf.html?d=117018 Mon, 9 Apr 2007 19:30 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=113872 LOS ANGELES, Feb. 15, 2007 -- 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/xml/nitf.html?d=113872 Thu, 15 Feb 2007 21:09 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=113850 LOS ANGELES, Feb. 15, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) Chairman, President and Chief Executive Officer, Dr. Ray R. Irani, announced today that Dr. Lawrence P. Meriage will retire later this year upon completion of 27 years of service. Commenting on Dr. Meriage's planned retirement, Dr. Irani said, "Occidental has been fortunate to have an executive with Larry's expertise in communications and public affairs on our management team. His contributions to our success over the years are greatly appreciated." http://www.irconnect.com/oxy/xml/nitf.html?d=113850 Thu, 15 Feb 2007 17:42 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=113848 LOS ANGELES, Feb. 15, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.22 per share on common stock payable April 15, 2007, to stockholders of record on March 9, 2007. http://www.irconnect.com/oxy/xml/nitf.html?d=113848 Thu, 15 Feb 2007 17:17 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=113486 LOS ANGELES, Feb. 9, 2007 -- 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/xml/nitf.html?d=113486 Fri, 9 Feb 2007 20:40 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=113119 LOS ANGELES, Feb. 5, 2007 -- 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/xml/nitf.html?d=113119 Mon, 5 Feb 2007 16:49 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=112672 LOS ANGELES, Jan. 29, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) today announced the reference yields and pricing for its previously announced 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 full terms and conditions of the tender offer are set forth in Occidental's offer to purchase dated January 23, 2007, and related letter of transmittal. http://www.irconnect.com/oxy/xml/nitf.html?d=112672 Mon, 29 Jan 2007 20:01 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=112494 LOS ANGELES, Jan. 25, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) announced core earnings were a record $4.349 billion ($5.05 per diluted share) for the twelve months of 2006, compared with $3.732 billion ($4.56 per diluted share) for the same period in 2005. See the attached schedule for a reconciliation of net income to core earnings. For the twelve months of 2006, net income was $4.182 billion ($4.86 per diluted share), compared with $5.281 billion ($6.45 per diluted share) for the twelve months of 2005. http://www.irconnect.com/oxy/xml/nitf.html?d=112494 Thu, 25 Jan 2007 12:17 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=112302 LOS ANGELES, Jan. 23, 2007 -- 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/xml/nitf.html?d=112302 Tue, 23 Jan 2007 13:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=111761 LOS ANGELES, Jan. 11, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) today announced the execution of an agreement for the sale of its 50% interest in the Vanyoganneft Joint Venture in western Siberia to TNK-BP for approximately $485 million. The license governing the Vanyoganneft Joint Venture currently expires in January 2013, although it may be extended under Russian law. At year-end 2006, Occidental's net proved Vanyoganneft reserves were an estimated 33 million barrels of oil equivalent, and the company's net production from Vanyoganneft is currently averaging an estimated 22,600 barrels of oil per day. Occidental expects to record a gain of approximately $400 million at the expected close of the transaction in the first quarter of 2007. http://www.irconnect.com/oxy/xml/nitf.html?d=111761 Thu, 11 Jan 2007 17:22 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=111673 LOS ANGELES, Jan. 10, 2007 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, January 25, 2007, following the release of its fourth-quarter 2006 financial results. The conference call, which will begin at 11:30 a.m. EST, 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/xml/nitf.html?d=111673 Wed, 10 Jan 2007 18:24 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=107039 LOS ANGELES, Oct. 18, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) announced core earnings for the third quarter 2006 were $1.159 billion ($1.35 per diluted share), compared with $1.004 billion ($1.22 per diluted share) for the same period in 2005. See the attached schedule for a reconciliation of net income to core earnings. http://www.irconnect.com/oxy/xml/nitf.html?d=107039 Wed, 18 Oct 2006 12:38 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=106746 LOS ANGELES, Oct. 12, 2006 -- Kenneth J. Huffman, Vice President, Investor Relations will retire December 31, 2006 upon completion of 15 years of service. Commenting on Mr. Huffman's planned retirement following a career spanning 40 years in the oil and gas industry, Occidental Petroleum's Chairman, President and Chief Executive Officer, Dr. Ray R. Irani, said, "Occidental has been fortunate to have an executive on our management team with Ken's broad industry knowledge and experience to represent the company with the financial community. His contributions to our success over the years are greatly appreciated." http://www.irconnect.com/oxy/xml/nitf.html?d=106746 Thu, 12 Oct 2006 20:17 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=106735 LOS ANGELES, Oct. 12, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.22 per share on common stock payable January 15, 2007, to stockholders of record on December 8, 2006. http://www.irconnect.com/oxy/xml/nitf.html?d=106735 Thu, 12 Oct 2006 17:46 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=106207 LOS ANGELES, Oct. 3, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Wednesday, October 18, 2006, following the release of its third-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/xml/nitf.html?d=106207 Tue, 3 Oct 2006 18:54 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=103369 LOS ANGELES, Aug. 7, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) today announced the acquisition of oil and gas assets from Plains Exploration and Production Company for $865 million. Occidental estimates that the acquisition will add proved reserves of approximately 56 million barrels of oil equivalent. The principal properties being acquired are adjacent to Occidental's existing operations in California and the Permian Basin in West Texas. http://www.irconnect.com/oxy/xml/nitf.html?d=103369 Mon, 7 Aug 2006 13:21 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=103294 LOS ANGELES, Aug. 4, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) announced income from continuing operations was $2.77 per diluted share for the second quarter 2006, compared with $3.63 per diluted share for the second quarter 2005. Net income for the second quarter 2006 was $857 million ($1.97 per diluted share), compared with $1.536 billion ($3.77 per diluted share) for the second quarter 2005. http://www.irconnect.com/oxy/xml/nitf.html?d=103294 Fri, 4 Aug 2006 12:58 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=102802 LOS ANGELES, July 26, 2006 -- 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/xml/nitf.html?d=102802 Wed, 26 Jul 2006 23:56 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=102467 LOS ANGELES, July 20, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has increased the quarterly dividend to $.44 per share of common stock on a pre-split basis, compared to the previous quarterly rate of $.36 per share. The dividend will be payable on October 15, 2006 to all stockholders of record on September 8, 2006. The Board also increased the number of shares authorized for the previously announced share repurchase program to 20 million pre-split shares, leaving approximately 10 million pre-split 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. In addition, the Board authorized a two-for-one split of its common stock. The stock split will be payable on August 15, 2006 as a dividend of one share per each share held on the record date of August 1, 2006. http://www.irconnect.com/oxy/xml/nitf.html?d=102467 Thu, 20 Jul 2006 16:56 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=101650 LOS ANGELES, July 5, 2006 -- The recent seizure of Occidental's (NYSE:OXY) Block 15 investment in Ecuador will result in Occidental recording in the second quarter of 2006 a net year-to-date after-tax charge of $306 million, ($0.71 per share) in discontinued operations. This charge will cause first quarter 2006 diluted earnings per share from continuing operations to change to $2.67 per share from the previous disclosure of $2.83 per share. Occidental expects second quarter 2006 diluted earnings per share from continuing operations to be between $2.70 and $2.80 per share. http://www.irconnect.com/oxy/xml/nitf.html?d=101650 Wed, 5 Jul 2006 13:20 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=100458 LOS ANGELES, June 8, 2006 -- OxyVinyls, LP has voluntarily entered into an enforceable consent agreement with the U.S. Environmental Protection Agency, the State of New Jersey and the Louisville (Kentucky) Metropolitan Air Pollution Control District to reduce by almost 50 percent the combined vinyl chloride emissions from four OxyVinyls manufacturing facilities. The agreement, in the form of a consent decree, also resolves several contested compliance allegations. http://www.irconnect.com/oxy/xml/nitf.html?d=100458 Thu, 8 Jun 2006 19:20 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=99348 LOS ANGELES, May 17, 2006 -- 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/xml/nitf.html?d=99348 Thu, 18 May 2006 00:55 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=99154 LOS ANGELES, May 15, 2006 -- 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/xml/nitf.html?d=99154 Tue, 16 May 2006 02:34 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=98604 LOS ANGELES, May 5, 2006 -- Occidental Petroleum Corporation's (NYSE:OXY) Chairman, President and Chief Executive Officer, Dr. Ray R. Irani, reported on the company's industry-leading 2005 performance today at the company's annual stockholders meeting. http://www.irconnect.com/oxy/xml/nitf.html?d=98604 Fri, 5 May 2006 20:30 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=98568 LOS ANGELES, May 4, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.36 per share on common stock payable July 15, 2006, to stockholders of record on June 9, 2006. http://www.irconnect.com/oxy/xml/nitf.html?d=98568 Thu, 4 May 2006 18:46 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=97930 LOS ANGELES, April 25, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the first quarter 2006 of $1.23 billion ($2.90 basic per share), compared with $846 million ($2.11 basic per share) for the first quarter 2005. Diluted earnings were $2.86 per share for the first quarter 2006, compared with $2.08 per share for the first quarter 2005. http://www.irconnect.com/oxy/xml/nitf.html?d=97930 Tue, 25 Apr 2006 12:22 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=97561 LOS ANGELES, April 18, 2006 -- 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/xml/nitf.html?d=97561 Tue, 18 Apr 2006 18:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=97251 LOS ANGELES, April 11, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, April 25, 2006, following the release of its first-quarter 2006 financial results. The conference call, which will begin at 11:30 a.m. EST, 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/xml/nitf.html?d=97251 Tue, 11 Apr 2006 20:08 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=96771 LOS ANGELES, April 4, 2006 -- 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/xml/nitf.html?d=96771 Tue, 4 Apr 2006 15:04 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=94708 LOS ANGELES, Feb. 23, 2006 -- 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/xml/nitf.html?d=94708 Thu, 23 Feb 2006 13:45 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=94709 LOS ANGELES, Feb. 23, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that in 2005 the company's consolidated subsidiaries had proved reserve additions from all sources of 380 million barrels of oil equivalent (BOE) compared to production of 199 million BOE, for a production replacement rate of 191 percent. Occidental incurred $4.37 billion in costs for oil and gas property acquisitions and exploration and development activities. At the end of 2005, Occidental's consolidated reserves-to-production ratio, assuming production remained at the 2005 level, was 13.4 years. http://www.irconnect.com/oxy/xml/nitf.html?d=94709 Thu, 23 Feb 2006 13:45 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=94389 LOS ANGELES, Feb. 16, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.36 per share on common stock payable April 15, 2006, to stockholders of record on March 10, 2006. http://www.irconnect.com/oxy/xml/nitf.html?d=94389 Thu, 16 Feb 2006 18:33 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=93867 LOS ANGELES, Feb. 10, 2006 -- 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/xml/nitf.html?d=93867 Fri, 10 Feb 2006 19:02 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=93630 LOS ANGELES, Feb. 7, 2006 -- Occidental Petroleum Corporation's (NYSE:OXY) Chairman, President and Chief Executive Officer, Dr. Ray R. Irani, announced today that James M. Lienert has been promoted to the position of Executive Vice President, Finance and Planning, reporting to Steve Chazen, Senior Executive Vice President and Chief Financial Officer. http://www.irconnect.com/oxy/xml/nitf.html?d=93630 Tue, 7 Feb 2006 19:16 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=93595 LOS ANGELES, Feb. 7, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the fourth quarter 2005 of $1.152 billion ($2.84 per share), compared with $742 million ($1.86 per share) for the fourth quarter 2004. Core earnings for the fourth quarter were $1.158 billion ($2.86 per share), compared with $680 million ($1.70 per share) for the same period in 2004. http://www.irconnect.com/oxy/xml/nitf.html?d=93595 Tue, 7 Feb 2006 12:43 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=93147 LOS ANGELES, Jan. 30, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) announced today it has completed the previously announced acquisition of Vintage Petroleum, Inc. (NYSE:VPI). Under the terms of the merger agreement, Vintage shareholders will receive $20.00 per Vintage share in cash, plus 0.42 Occidental shares per Vintage share. As a result of this transaction, Occidental will issue approximately 28 million shares of Occidental common stock and pay approximately $1.4 billion in cash to former Vintage stockholders. As previously announced, Occidental plans to implement, from time to time, a stock re-purchase program for 9 million Occidental shares in the open market or otherwise. http://www.irconnect.com/oxy/xml/nitf.html?d=93147 Mon, 30 Jan 2006 18:43 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=92431 LOS ANGELES, Jan. 17, 2006 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Tuesday, February 7, 2006, following the release of its fourth-quarter 2005 financial results. The conference call, which will begin at 11:30 a.m. EST, 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/xml/nitf.html?d=92431 Tue, 17 Jan 2006 18:18 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=88816 LOS ANGELES, Oct. 31, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the third quarter 2005 of $1.747 billion ($4.32 per share), compared with $758 million ($1.91 per share) for the third quarter 2004. Included in the third quarter 2005 net income are the effects of three significant items -- a $463 million after-tax gain resulting from Valero's acquisition of Premcor, a $335 million tax benefit due to the reversal of tax reserves no longer required and a $98 million after-tax charge from the write-off of certain chemical plants. Core earnings for the third quarter were $1.089 billion ($2.69 per share), compared with $759 million ($1.92 per share) for the same period in 2004. http://www.irconnect.com/oxy/xml/nitf.html?d=88816 Mon, 31 Oct 2005 12:28 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=88083 LOS ANGELES, Oct. 18, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Monday, October 31, 2005, following the release of its third-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. All remarks made during the conference call will be current at the time of the call and will not be updated to reflect subsequent material developments. Third-quarter financial results will be available through the Investor Relations section of the company's website concurrent with the SEC filing. An archived edition of the conference call also will be available on the website within several hours after the call is completed. http://www.irconnect.com/oxy/xml/nitf.html?d=88083 Tue, 18 Oct 2005 17:35 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=87857 LOS ANGELES, Oct. 13, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Friday, October 14, 2005, to discuss its acquisition of Vintage Petroleum. The conference call, which will begin at 6:00 a.m. Pacific, 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/xml/nitf.html?d=87857 Thu, 13 Oct 2005 23:13 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=87856 LOS ANGELES, Oct. 13, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced today it has agreed to acquire, by means of a merger, Vintage Petroleum, Inc. (NYSE:VPI) for $20.00 per Vintage share in cash, plus 0.42 Occidental shares per Vintage share. The total purchase consideration for Vintage's approximately 68.3 million shares on a fully diluted basis, including debt assumption net of cash, is approximately $3.8 billion. As part of this transaction, Oxy plans to implement a stock re-purchase program for 9 million Oxy shares in the open market or otherwise, from time-to-time, subject to market conditions and retention of the company's credit rating. http://www.irconnect.com/oxy/xml/nitf.html?d=87856 Thu, 13 Oct 2005 23:11 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=87836 LOS ANGELES, Oct. 13, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has approved a quarterly dividend of $.36 per share of common stock for an annual rate of $1.44 per share, compared to the previous annual rate of $1.24. The dividend will be payable on January 15, 2006 to stockholders of record on December 9, 2005. Occidental has paid cash dividends continuously since 1975. http://www.irconnect.com/oxy/xml/nitf.html?d=87836 Thu, 13 Oct 2005 17:45 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=86806 LOS ANGELES, Sept. 27, 2005 -- 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/xml/nitf.html?d=86806 Tue, 27 Sep 2005 14:19 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=84920 LOS ANGELES, Aug. 31, 2005 -- 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/xml/nitf.html?d=84920 Wed, 31 Aug 2005 21:44 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=82971 LOS ANGELES and TRIPOLI, Libya, July 29, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that the Libyan authorities have approved, effective July 1, 2005, Occidental's recent agreement with Libya's National Oil Corporation whereby Occidental will resume operations in its historical Libyan contract areas. Occidental was required to leave its oil exploration and production operations in the prolific Sirte Basin in 1986 when the U.S. government barred American companies from doing business in Libya. During the interim, the producing properties have been operated by a subsidiary of Libya's National Oil Corporation. While Occidental retained its contractual rights during the sanctions era, the company derived no economic benefits from these operations. http://www.irconnect.com/oxy/xml/nitf.html?d=82971 Fri, 29 Jul 2005 16:40 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=82554 LOS ANGELES, July 22, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the second quarter 2005 of $1.536 billion ($3.82 per share), compared with $581 million ($1.48 per share) for the second quarter 2004. Included in the second quarter 2005 net income are the benefits of two previously announced transactions -- a $619 million tax benefit related to the resolution of certain IRS tax issues and an $89 million after-tax gain from the sale of 11 million shares of Lyondell Chemical Company. Core earnings for the second quarter were $851 million ($2.12 per share), compared with $584 million ($1.49 per share) for the same period in 2004. http://www.irconnect.com/oxy/xml/nitf.html?d=82554 Fri, 22 Jul 2005 12:14 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=81747 LOS ANGELES, July 14, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.31 per share on common stock payable October 15, 2005, to stockholders of record on September 9, 2005. http://www.irconnect.com/oxy/xml/nitf.html?d=81747 Thu, 14 Jul 2005 19:22 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=81733 LOS ANGELES, July 14, 2005 -- 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/xml/nitf.html?d=81733 Thu, 14 Jul 2005 17:25 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=81357 LOS ANGELES, July 7, 2005 -- 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/xml/nitf.html?d=81357 Thu, 7 Jul 2005 17:50 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=78547 LOS ANGELES, May 19, 2005 -- 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/xml/nitf.html?d=78547 Thu, 19 May 2005 21:18 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=77925 LOS ANGELES, May 10, 2005 -- 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/xml/nitf.html?d=77925 Wed, 11 May 2005 00:40 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=77832 LOS ANGELES, May 9, 2005 -- 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/xml/nitf.html?d=77832 Tue, 10 May 2005 01:35 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=77745 LOS ANGELES, May 6, 2005 -- 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/xml/nitf.html?d=77745 Sat, 7 May 2005 00:28 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=77736 LOS ANGELES, May 6, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that former U.S. Secretary of Energy, Spencer Abraham, 52, was elected by the company's stockholders to its board of directors. Mr. Abraham joins 10 other independent, outside directors, and Dr. Ray R. Irani, Chairman, President and Chief Executive Officer, who were reelected to the board. http://www.irconnect.com/oxy/xml/nitf.html?d=77736 Fri, 6 May 2005 21:30 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=77716 LOS ANGELES, May 6, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) Chairman, President and Chief Executive Officer, Dr. Ray R. Irani, reported on the company's record 2004 performance today at the company's annual stockholders meeting. http://www.irconnect.com/oxy/xml/nitf.html?d=77716 Fri, 6 May 2005 20:39 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=77666 LOS ANGELES, May 5, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.31 per share on common stock payable July 15, 2005, to stockholders of record on June 10, 2005. http://www.irconnect.com/oxy/xml/nitf.html?d=77666 Thu, 5 May 2005 19:25 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=77382 LOS ANGELES, May 2, 2005 -- 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/xml/nitf.html?d=77382 Mon, 2 May 2005 18:44 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=76936 LOS ANGELES, April 26, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the first quarter 2005 of $846 million ($2.11 per share), compared with $487 million ($1.24 per share) for the first quarter 2004. Core earnings for the first quarter 2005 were $866 million ($2.16 per share), compared with $476 million ($1.22 per share) for the same period in 2004. http://www.irconnect.com/oxy/xml/nitf.html?d=76936 Tue, 26 Apr 2005 12:16 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=75997 LOS ANGELES, April 11, 2005 -- 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/xml/nitf.html?d=75997 Mon, 11 Apr 2005 18:28 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=73883 LOS ANGELES, March 6, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced that the company and its partners have signed contract agreements with Libya's National Oil Company for nine exploration blocks awarded in the EPSA-4 oil and gas licensing round in January. Preliminary work on the blocks, which encompass an area in excess of 46,000 square miles (77,000 square kilometers), is already under way. http://www.irconnect.com/oxy/xml/nitf.html?d=73883 Sun, 6 Mar 2005 18:36 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=73150 LOS ANGELES, Feb. 22, 2005 -- 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/xml/nitf.html?d=73150 Tue, 22 Feb 2005 13:52 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=72510 LOS ANGELES, Feb. 10, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its board of directors has elected Casey Olson an Executive Vice President of the corporation. Mr. Olson, 51, also holds the position of President, Oxy Oil and Gas -- Eastern Hemisphere with responsibility for managing Occidental's operations in the Middle East, North Africa, Russia and Pakistan. In addition, he has management responsibility for Occidental's worldwide exploration and international business development efforts. http://www.irconnect.com/oxy/xml/nitf.html?d=72510 Thu, 10 Feb 2005 20:25 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=72505 LOS ANGELES, Feb. 10, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has approved a quarterly dividend of $.31 per share of common stock for an annual rate of $1.24 per share, compared to the previous annual rate of $1.10. The dividend will be payable on April 15, 2005 to stockholders of record on March 10, 2005. Occidental has paid cash dividends continuously since 1975. http://www.irconnect.com/oxy/xml/nitf.html?d=72505 Thu, 10 Feb 2005 18:02 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=72331 LOS ANGELES, Feb. 8, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) today announced that its fourth quarter net income was $77 million higher ($0.19 per share) than the $665 million ($1.67 per share) the company disclosed on January 24, 2005. The improvement in income is due to an increase in the carrying value of Occidental's investment in Lyondell Chemical Company because of an increase in Lyondell's book value resulting from its November 30, 2004 acquisition of Millennium Chemical Company. There is no cash effect to this non-core earnings item. http://www.irconnect.com/oxy/xml/nitf.html?d=72331 Tue, 8 Feb 2005 21:18 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=71729 LOS ANGELES, Jan. 31, 2005 -- 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/xml/nitf.html?d=71729 Mon, 31 Jan 2005 14:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=71331 LOS ANGELES, Jan. 24, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the fourth quarter 2004 of $665 million ($1.67 per share), compared with $382 million ($0.99 per share) for the fourth quarter 2003. On January 5, 2005, Occidental issued a press release announcing that the comparability of fourth quarter 2004 earnings to prior quarters would be affected by a number of charges and a tax credit. These items have resulted in net charges totaling approximately $69 million ($0.17 per share). Record earnings of $2.491 billion ($6.30 per share) for the twelve months of 2004 were 58 percent higher than the $1.527 billion ($3.98 per share) the company earned in 2003. http://www.irconnect.com/oxy/xml/nitf.html?d=71331 Mon, 24 Jan 2005 12:13 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=70970 LOS ANGELES, Jan. 17, 2005 -- 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/xml/nitf.html?d=70970 Mon, 17 Jan 2005 16:58 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=70610 LOS ANGELES, Jan. 10, 2005 -- 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/xml/nitf.html?d=70610 Mon, 10 Jan 2005 21:18 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=70389 LOS ANGELES, Jan. 5, 2005 -- Occidental Petroleum Corporation (NYSE:OXY) today announced a number of fourth quarter 2004 charges and a tax credit that will impact the comparability of its fourth quarter earnings to prior quarters. These items will reduce net after-tax earnings by approximately $65 million, or $0.16 per share. http://www.irconnect.com/oxy/xml/nitf.html?d=70389 Wed, 5 Jan 2005 21:39 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=69054 LOS ANGELES, Dec. 7, 2004 -- 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/xml/nitf.html?d=69054 Tue, 7 Dec 2004 21:25 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=65993 LOS ANGELES, Oct. 21, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) announced record net income for the third quarter 2004 of $758 million ($1.91 per share), compared with $446 million ($1.16 per share) for the third quarter 2003. Earnings of $1.83 billion ($4.63 per share) for the first nine months of 2004 were 55 percent higher than the $1.15 billion ($2.99 per share) the company earned in the comparable period last year. http://www.irconnect.com/oxy/xml/nitf.html?d=65993 Thu, 21 Oct 2004 12:19 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=65603 LOS ANGELES, Oct. 14, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its board of directors has elected Todd Stevens to the position of Vice President, Acquisitions and Corporate Finance. http://www.irconnect.com/oxy/xml/nitf.html?d=65603 Thu, 14 Oct 2004 22:53 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=65584 LOS ANGELES, Oct. 14, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.275 per share on common stock payable January 15, 2005, to stockholders of record on December 10, 2004. http://www.irconnect.com/oxy/xml/nitf.html?d=65584 Thu, 14 Oct 2004 17:12 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=65391 LOS ANGELES, Oct. 12, 2004 -- Occidental Chemical Corporation (OxyChem), a wholly owned subsidiary of Occidental Petroleum Corporation (NYSE:OXY), announced today that it has agreed to purchase three chemical manufacturing facilities from Vulcan Materials Company for $214 million in cash, plus contingent payments based upon the future performance of these businesses. The primary products produced at the three facilities are chlorine, with a combined annual capacity of approximately 815,000 tons, its co-product caustic soda, and 315,000 tons of ethylene dichloride (EDC). OxyChem currently has the annual capacity to produce approximately 3,100,000 tons of chlorine and 1,500,000 tons of EDC. http://www.irconnect.com/oxy/xml/nitf.html?d=65391 Tue, 12 Oct 2004 14:35 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=65344 LOS ANGELES, Oct. 11, 2004 -- 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/xml/nitf.html?d=65344 Mon, 11 Oct 2004 22:18 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=62804 LOS ANGELES, Aug. 23, 2004 -- 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/xml/nitf.html?d=62804 Tue, 24 Aug 2004 00:26 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=60995 LOS ANGELES, July 19, 2004 -- Dr. Dale R. Laurance, President of Occidental Petroleum Corporation (NYSE:OXY) and head of its oil and gas operations has announced his plan to retire December 31, 2004 upon completion of 21 years of service. Dr. Laurance's decision was based on health related considerations. Dr. Laurance will relinquish his oil and gas duties effective immediately, but will continue to serve as President and remain on Occidental's Board of Directors through the end of 2004. Dr. Ray R. Irani, Occidental's Chairman and Chief Executive officer, will assume the additional title of President on January 1, 2005. http://www.irconnect.com/oxy/xml/nitf.html?d=60995 Mon, 19 Jul 2004 12:36 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=60994 LOS ANGELES, July 19, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the second quarter 2004 of $581 million ($1.48 per share), compared with $374 million ($0.98 per share) for the second quarter 2003. http://www.irconnect.com/oxy/xml/nitf.html?d=60994 Mon, 19 Jul 2004 12:28 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=60866 LOS ANGELES, July 15, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.275 per share on common stock payable October 15, 2004, to stockholders of record on September 10, 2004. http://www.irconnect.com/oxy/xml/nitf.html?d=60866 Thu, 15 Jul 2004 17:58 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=60701 LOS ANGELES, July 13, 2004 -- 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/xml/nitf.html?d=60701 Tue, 13 Jul 2004 14:30 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=60354 LOS ANGELES, July 6, 2004 -- 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/xml/nitf.html?d=60354 Tue, 6 Jul 2004 19:22 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=56800 LOS ANGELES, April 30, 2004 -- 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/xml/nitf.html?d=56800 Fri, 30 Apr 2004 20:22 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=56753 LOS ANGELES, April 29, 2004 -- Occidental Petroleum Corporation (NYSE: OXY) said today that its board of directors has declared a regular quarterly dividend of $.275 per share on common stock payable July 15, 2004, to stockholders of record on June 10, 2004. http://www.irconnect.com/oxy/xml/nitf.html?d=56753 Thu, 29 Apr 2004 23:24 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=56373 LOS ANGELES, April 23, 2004 -- 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/xml/nitf.html?d=56373 Fri, 23 Apr 2004 16:16 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=56361 LOS ANGELES, April 23, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) announced net income for the first quarter 2004 of $487 million ($1.24 per share), compared with $325 million ($0.86 per share) for the first quarter 2003. The 2003 income included net after-tax charges of $108 million for changes in accounting principles and a debt-remarketing fee. http://www.irconnect.com/oxy/xml/nitf.html?d=56361 Fri, 23 Apr 2004 12:20 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=55452 LOS ANGELES, April 6, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Friday, April 23, 2004, following the release of its first-quarter 2004 financial results. The conference call, which will begin at 11:30 a.m. EDT, may be accessed by calling 1-877-826-1579. The conference call also can be heard live on the company's website, www.oxy.com. http://www.irconnect.com/oxy/xml/nitf.html?d=55452 Tue, 6 Apr 2004 18:00 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=55223 LOS ANGELES, April 1, 2004 -- 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/xml/nitf.html?d=55223 Thu, 1 Apr 2004 18:10 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=54319 LOS ANGELES, March 17, 2004 -- 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/xml/nitf.html?d=54319 Wed, 17 Mar 2004 13:54 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=54173 LOS ANGELES, March 15, 2004 -- 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/xml/nitf.html?d=54173 Mon, 15 Mar 2004 14:31 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=53312 LOS ANGELES, Feb. 26, 2004 -- Occidental Petroleum Corporation's (NYSE: OXY) Chairman and Chief Executive Officer, Dr. Ray R. Irani, announced today that effective March 1, 2004, James M. Lienert has been appointed President of the company's whollyowned chemical subsidiary, Occidental Chemical Corporation (OxyChem). Mr. Lienert also has been elected a Vice President of Occidental Petroleum Corporation. He replaces John (Jack) L. Hurst who will be retiring at year-end. http://www.irconnect.com/oxy/xml/nitf.html?d=53312 Thu, 26 Feb 2004 15:15 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=53309 LOS ANGELES, Feb. 26, 2004 -- John L. Hurst, President of Occidental Chemical Corporation (OxyChem), a wholly owned subsidiary of Occidental Petroleum Corporation (NYSE:OXY), will retire December 31, 2004 upon completion of 25 years of service. Commenting on Mr. Hurst's planned retirement, Occidental Petroleum's Chairman and Chief Executive Officer, Dr. Ray R. Irani, said, "Occidental has been fortunate to have an executive with Jack Hurst's broad industry knowledge and experience on our team. His contributions to our chlor-alkali and vinyls businesses are appreciated." http://www.irconnect.com/oxy/xml/nitf.html?d=53309 Thu, 26 Feb 2004 14:45 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=52535 LOS ANGELES, Feb. 12, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has declared a quarterly dividend of $.275 per share of common stock for an annual rate of $1.10 per share, compared to the previous annual rate of $1.04. The dividend will be payable on April 15, 2004 to stockholders of record on March 10, 2004. Occidental has paid cash dividends continuously since 1975. http://www.irconnect.com/oxy/xml/nitf.html?d=52535 Thu, 12 Feb 2004 17:20 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=51847 LOS ANGELES, Feb. 2, 2004 -- 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/xml/nitf.html?d=51847 Mon, 2 Feb 2004 14:08 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=51297 LOS ANGELES, Jan. 22, 2004 -- 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/xml/nitf.html?d=51297 Thu, 22 Jan 2004 12:18 GMT http://www.irconnect.com/oxy/xml/nitf.html?d=50655 LOS ANGELES, Jan. 9, 2004 -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, January 22, 2004, following the release of its fourth-quarter 2003 financial results. The conference call, which will begin at 11:30 a.m. EDT, 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/xml/nitf.html?d=50655 Fri, 9 Jan 2004 14:13 GMT