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Stephen I. Chazen

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  • Occidental Petroleum announces subsidiary leadership

    Occidental Petroleum announces subsidiary leadership
    A little more than a month after filing documents to spin off its California operations, Occidental Petroleum Corp. has named the leadership team for its proposed subsidiary.
  • Occidental Petroleum plans to sell stake in Middle East, North Africa

    Occidental Petroleum plans to sell stake in Middle East, North Africa
    Oil giant Occidental Petroleum Corp. said Friday it plans to sell off its minority stake in the Middle East and North Africa region along with other assets in an effort to boost shareholder value. The Los Angeles company, which is one of the largest oil...

    Occidental Petroleum to sell stakes in Middle East, North Africa

    Occidental Petroleum to sell stakes in Middle East, North Africa
    Occidental Petroleum Corp. is selling off a minority stake in Middle East and North Africa oil fields along with other assets in an effort to boost value for shareholders. The Westwood oil and gas giant said those decisions come as part of a push to...

    Occidental Petroleum says third-quarter profit jumped 14%

    Occidental Petroleum says third-quarter profit jumped 14%
    Occidental Petroleum, one of the largest crude oil producers in the country, said third quarter earnings jumped more than 14% as domestic oil production increased and gas prices rose. The earnings report comes nearly two weeks after the Los Angeles...

    Ray Irani to get $14-million lump sum after Occidental ouster

    Ray Irani to get $14-million lump sum after Occidental ouster
    Ray Irani, once the highest paid executive in the oil industry, is getting a $14-million lump sum as part of a $26-million settlement after being ousted as chairman of Occidental Petroleum Corp. Irani, who joined the Los Angeles oil company in 1983...