The Latest Breaking News from Vicki Hollub

Occidental Petroleum’s CEO transition puts a spotlight on the foreign post advantage

As Vicki Hollub exits, Occidental’s next CEO brings a résumé shaped by global operations, not just HQ leadership.

Fortune · May 4

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

Warren Buffett’s Berkshire Hathaway may have scored a ‘genius’ win-win in $10 billion acquisition that could mark the last big deal of his career

Berkshire Hathaway gets a strong stand-alone business, while parent Oxy will get plenty of cash to pay down debt.

Fortune · Oct 2, 2025

Buffett’s Next Oil Bet: Why Occidental Is Different

Warren Buffett’s massive bet on Occidental Petroleum shows how he’s evolved from past oil mistakes to future-ready investments.

MarketBeat · Apr 8, 2025

Buffett Trims Equities, But Still Keeps Buying This Stock

Warren Buffet has been buying shares of this company since 2019 and Berkshire Hathaway owns 28.2% of the company with its @12.3 billion stake and 265 million sh

MarketBeat · Apr 1, 2025

Carbon Capture Industry Tweaks Message For The Trump Era

Backers of carbon capture and storage are emphasizing compatibility with President Trump's energy development goals as they seek to protect hard-won US policies from the administration's climate chopping block.

International Business Times · Mar 16, 2025

Billionaire Warren Buffett Scoops Up Over 7 Million Shares Of This Oil Company In 2 Weeks

Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.

International Business Times UK · Jun 19, 2024

What Warren Buffett’s 9-day buying tear of oil stock Occidental says about Berkshire Hathaway’s bigger strategy

Berkshire Hathaway has a long relationship with the oil and gas giant Occidental.

Fortune · Jun 18, 2024

Trump attends Houston lunch to ask oil bosses for more campaign cash

Invitation-only meeting comes on heels of controversial dinner at Mar-a-Lago where Trump reportedly offered $1bn quid pro quo

The Guardian - US · May 22, 2024

In Davos, An Australian Mining Boss Presses Industries To Go Green

Andrew Forrest, a blunt Australian billionaire who made his fortune in iron ore mining, stood out among the heads of emissions-spewing industries at the meeting of global elites in Davos.

International Business Times · Jan 19, 2024