Occidental Petroleum publishes 2025 annual report

Reuters
Mar 21
<a href="https://laohu8.com/S/OXY.WS">Occidental Petroleum</a> publishes 2025 annual report
  • Occidental reported record annual production of 1.43 million BOEPD and reduced capital and operating costs by USD 575 million.
  • The company completed the OxyChem divestiture and said it reshaped its portfolio toward U.S. unconventional and other domestic assets.
  • Management said it expanded its resource base by 2.5 billion barrels of oil equivalent to about 16.5 billion.
  • In a letter, CEO Vicki Hollub said STRATOS, a direct air capture facility, is expected to be online this year.


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