The Latest Breaking News from Petroleum

Occidental Petroleum's Q3 2025 Earnings: What to Expect

Occidental Petroleum will release its third-quarter earnings next month, and analysts anticipate a double-digit profit dip.

Barchart · Oct 27, 2025

White House approves increased oil and gas drilling in Alaska’s national wildlife refuge

National Petroleum Reserve lease sales and permitting for road through Izembek wildlife refuge were also approved

The Guardian - US · Oct 23, 2025

Occidental Petroleum Shares Are Trading Higher Thursday: What's Going On?

Occidental Petroleum Corporation (NYSE:OXY) shares are trading higher Thursday as prices rise after the U.S. imposed sanctions on two Russian oil companies, Rosneft and Lukoil.

Benzinga · Oct 23, 2025

Will Buffett Be Stuck With China's Plastic Overcapacity?

Warren Buffett's OxyChem purchase might not just be about polyester or polyvinyl — it might be about picking up exposure to China's chemical overcapacity. Occidental Petroleum Corp (NYSE:OXY) has openly cited increasing competition from Chinese chemical exporters as a key reason to jettison OxyChem.

Benzinga · Oct 14, 2025

Refinery fires, other chemical disasters may no longer get safety investigations

When fire erupted at the Intercontinental Terminals Co. bulk liquid petroleum storage terminal, large plumes of dark smoke billowed into the clear skies over Deer Park, Texas. Despite the efforts of site staff and local firefighters, more than 70 million gallons of petroleum products burned or were otherwise released into…

The Conversation · Oct 9, 2025

Warren Buffett Just Give Occidental Petroleum a HUGE $10 Billion Boost. Should You Buy OXY Stock Here?

Buffett’s $9.7B OxyChem deal trims Occidental’s debt, but investors question if losing steady cash flow leaves OXY too oil-dependent.

Barchart · Oct 3, 2025

Buffett's $9.7B OxyChem Deal Months Before Retirement Safeguards His Sinking Oxy Common Stock Position

Warren Buffett's Berkshire acquired Occidental Petroleum's petrochem business in a $9.7 billion cash deal, which will help Oxy lower its debt and repair its balance sheet, expected to help Buffett's common stock position, which is underwater.

International Business Times UK · Oct 3, 2025

Soundhound AI, Ionq, Occidental, Ondas Holdings And Tesla: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market finished higher on Thursday, as the Dow Jones Industrial Average edged up nearly 0.2% to 46,519.72, the SP 500 added 0.06% to 6,715.35, and the Nasdaq climbed about 0.4% to 22,844.05.These are the top stocks that gained the attention of retail traders and investors through the…

Benzinga · Oct 3, 2025

Berkshire Hathaway Just Made a Huge Bet on Occidental Petroleum. Does That Make OXY Stock a Buy?

Occidental Petroleum stock sinks as Berkshire Hathaway confirms its $9.7 billion buyout of OxyChem. Here’s why the OXY share price decline on Thursday is worth buying.

Barchart · Oct 2, 2025

Occidental Petroleum (OXY) Shares Are Trading Lower Thursday: What's Going On?

Occidental Petroleum Corporation (NYSE:OXY) shares are trading lower on Thursday. Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK) agreed to acquire its OxyChem business for $9.7 billion in an all-cash deal.

Benzinga · Oct 2, 2025