Occidental Petroleum recently acquired high-margin assets from CrownRock and aims to lead the carbon capture and storage (CCS) market, a sector potentially worth $3 trillion.

Occidental Petroleum has signed a memorandum of understanding to work with nuclear fusion player TAE Technologies on potential applications of the emissions-free power source in the oil company's direct air capture (DAC) projects.

On June 7, 2024, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway made a significant addition to its investment portfolio by acquiring 2,565,477 shares of Occidental Petroleum Corp (NYSE:OXY). This move further solidifies Berkshire Hathaway's position as a major stakeholder in the oil and gas sector.

One of the largest oil and gas producers in the United States, Occidental Petroleum (NYSE: OXY), is forming a joint venture with a unit of Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) to produce battery-grade lithium from geothermal brine.

How much money does warren Buffett have invested in Occidental Petroleum?

Sendero Wealth Management LLC makes new $424,000 investment in Occidental Petroleum Co. (NYSE:OXY).

HOUSTON — December 11, 2023 — Occidental (NYSE: OXY) today announced it entered into a purchase agreement to acquire Midland-based oil and gas producer CrownRock L.P., a joint venture of CrownQuest Operating LLC and Lime Rock Partners, for cash and stock in a transaction valued at approximately $12.0 billion, including the assumption of CrownRock’s debt. 

Completion of CrownRock deal delayed as competition watchdog seeks more information

Obermeyer Wood Investment Counsel Lllp invests $364,000 in Occidental Petroleum Co. (NYSE:OXY).

The wave of consolidations in the US shale belt continued Tuesday as it was announced Occidental Petroleum had agreed to buy rival Crown...

BlackRock and Texas-based Occidental Petroleum announced an ambitious joint venture at the end of 2023 to develop the world's largest Direct Air Capture (DAC) plant.

Ingalls & Snyder LLC makes new $11.81 million investment in Occidental Petroleum Co. (NYSE:OXY).

Berkshire Hathaway Inc. has bought nearly $590 million of Occidental Petroleum Corp. stock this week, after the Texas oil company agreed to buy private Permian producer CrownRock LP in one of the biggest energy deals of the year.

Deal follows recent consolidation acquisitions by ExxonMobil, Chevron. [Image credit: Oxy]

Seven Eight Capital LP makes new investment in Occidental Petroleum Co. (NYSE:OXY).

Trexquant Investment LP acquired a new stake in shares of Occidental Petroleum Co. (NYSE:OXY - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 104,517 shares of the oil and gas producer's stock, valued at approximately $6,146,000. Several

HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that a wholly owned subsidiary has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion, to be made in three approximately equivalent annual payments, with the first at closing. This transaction is expected to close before the end of 2023, subject to Canadian court reviews, Canadian and U.S. regulatory approvals and other customary closing conditions.Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Acquiring Carbon Engineering aligns with Occidental’s integrated net-zero strategy and provides Occidental, through its 1PointFive subsidiary, the opportunity to rapidly advance DAC technology breakthroughs and accelerate deployment of DAC as a large-scale, cost effective, global carbon removal solution

NET Power, LLC (“NET Power”) and Rice Acquisition Corp. II (NYSE: RONI) (“RONI”) today announced an additional $275 million of PIPE commitments in con