#occidentalpetroleum — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #occidentalpetroleum, aggregated by home.social.
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https://www.europesays.com/people/35089/ Buffett’s Favorite Oil Stock Just Dropped 8%. Here’s the Bull and Bear Case for Buying the Occidental Dip #BerkshireHathaway #CrudePrices #OccidentalPetroleum #PermianBasin #Top10AIStocks #WarrenBuffett
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https://www.europesays.com/people/34629/ Buffett’s Favorite Oil Stock Just Dropped 8%. Here’s the Bull and Bear Case for Buying the Occidental Dip #BerkshireHathaway #CrudePrices #OccidentalPetroleum #PermianBasin #Top10AIStocks #WarrenBuffett
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https://www.europesays.com/people/22764/ Berkshire Hathaway’s New CEO Greg Abel Initiates $226M Stock Buyback in 2026 – News and Statistics #BerkshireHathaway #buyback #CarbonManagement #ChemicalSubsidiary #OccidentalPetroleum #OilProducer #OxyChem #PermianBasin #ShareRepurchase #TokioMarine #WarrenBuffett
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#Trump to #BigOil Execs: Give Me $1 Billion and I’ll Help You Wreck the Planet
“You won’t read a more important story today,” said one commentator. “Trump is willing to literally destroy the planet for $1 billion.”
Jake Johnson
May 09, 2024"Presumptive Republican presidential nominee Donald Trump made a straightforward offer to some of the top fossil fuel executives in the United States during a dinner at his #MarALago club last month, which marked the hottest April on record.
According to new reporting, Trump pledged to swiftly gut climate regulations put in place by the Biden administration if the oil and gas industry raises $1 billion for his 2024 presidential campaign.
The “remarkably blunt and transactional pitch,” reported by The Washington Post, was Trump’s latest explicit statement of his intention to give the fossil fuel industry free rein to wreck the planet if he wins a second term in power. Executives from #Exxon, #Chevron, #OccidentalPetroleum, and other prominent fossil fuel companies reportedly attended the Mar-a-Lago dinner.
Late last year, Trump said he would be a dictator on the first day of his second term, vowing to use his executive authority to “close the border” and “drill, drill, drill” for the fossil fuels that are driving global temperatures to catastrophic extremes and imperiling hopes for a livable future.
The Post reported Thursday that Trump said a $1 billion investment in his run against Democratic President Joe Biden would be a “deal” for Big Oil “because of the taxation and regulation they would avoid thanks to him.”
“The contrast between the two candidates on climate policy could not be more stark,” the Post noted. “Biden has called #GlobalWarming an ‘existential threat’ and over the last three years, his administration has finalized 100 new #environmental regulations aimed at cutting #AirPollution and #GreenhouseGas emissions, restricting toxic chemicals, and conserving public lands and waters. In comparison, Trump has called #ClimateChange a ‘hoax,’ and his administration weakened or wiped out more than 125 environmental rules and policies over four years.”
Will Bunch, a columnist for The Philadelphia Inquirer, wrote in response to the Post‘s reporting that “you won’t read a more important story today.”
“Trump is willing to literally destroy the planet for $1 billion,” Bunch added. "
Read more:
https://www.commondreams.org/news/trump-oil-industry-donations#USPol #TrumpLies #ExxonLies #Corporatocracy #CorporateColonialism #Alaska #California #Florida #WaterIsLife #PowerCorruptionAndLies #Oiligarchy #BigOil #FossilFuels #TrumpIsAFossil #TrumpIsAFascist
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Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett’s holding company.
#Business #EnergyEnvironment #News #BerkshireHathaway #Occidental #OccidentalPetroleum #OxyChem
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Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett’s holding company.
#Business #EnergyEnvironment #News #BerkshireHathaway #Occidental #OccidentalPetroleum #OxyChem
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Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett’s holding company.
#Business #EnergyEnvironment #News #BerkshireHathaway #Occidental #OccidentalPetroleum #OxyChem
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Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett’s holding company.
#Business #EnergyEnvironment #News #BerkshireHathaway #Occidental #OccidentalPetroleum #OxyChem
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Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, Warren Buffett’s holding company.
#Business #EnergyEnvironment #News #BerkshireHathaway #Occidental #OccidentalPetroleum #OxyChem
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Berkshire Hathaway to acquire OxyChem for $9.7B https://www.byteseu.com/1415624/ #BerkshireHathaway #business #OccidentalPetroleum #OxyChem
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Berkshire Hathaway will acquire Occidental Petroleum’s OxyChem unit for $9.7 billion, marking its largest deal in three years and boosting Occidental’s debt repayment efforts.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #DebtRepayment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84633 -
Berkshire Hathaway will acquire Occidental Petroleum’s OxyChem unit for $9.7 billion, marking its largest deal in three years and boosting Occidental’s debt repayment efforts.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #DebtRepayment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84633 -
Berkshire Hathaway will acquire Occidental Petroleum’s OxyChem unit for $9.7 billion, marking its largest deal in three years and boosting Occidental’s debt repayment efforts.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #DebtRepayment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84633 -
Berkshire Hathaway will acquire Occidental Petroleum’s OxyChem unit for $9.7 billion, marking its largest deal in three years and boosting Occidental’s debt repayment efforts.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #DebtRepayment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84633 -
Berkshire Hathaway is nearing a $10 billion deal to acquire Occidental Petroleum's OxyChem unit, marking its largest acquisition since 2022 and reinforcing its position as Occidental's top shareholder.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #CashReserves #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84407 -
Berkshire Hathaway is nearing a $10 billion deal to acquire Occidental Petroleum's OxyChem unit, marking its largest acquisition since 2022 and reinforcing its position as Occidental's top shareholder.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #CashReserves #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84407 -
Berkshire Hathaway is nearing a $10 billion deal to acquire Occidental Petroleum's OxyChem unit, marking its largest acquisition since 2022 and reinforcing its position as Occidental's top shareholder.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #CashReserves #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84407 -
Berkshire Hathaway is nearing a $10 billion deal to acquire Occidental Petroleum's OxyChem unit, marking its largest acquisition since 2022 and reinforcing its position as Occidental's top shareholder.
#YonhapInfomax #BerkshireHathaway #OccidentalPetroleum #OxyChem #Acquisition #CashReserves #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84407 -
#Klimakrise #BigOil #Lobbyismus
Im Zusammenhang mit den global zunehmenden #Extremwetterereignissen ist interessant, dass die Lobbyausgaben des US-Branchenverbands #AFPM in 2024 den Höchsten Stand aller Zeiten erreichten:
https://mastodon.social/@HistoPol/113328595930386788
#AFPM #KochIndustries #KochBrothers #Shell #OccidentalPetroleum #ConocoPhillips #Chevron #ExxonMobil #AmericanPetroleumInstitute #Phillips66 #BigOilAndGas #ExxonKnew #BigOilKnew
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#Klimakrise #BigOil #Lobbyismus
Im Zusammenhang mit den global zunehmenden #Extremwetterereignissen ist interessant, dass die Lobbyausgaben des US-Branchenverbands #AFPM in 2024 den Höchsten Stand aller Zeiten erreichten:
https://mastodon.social/@HistoPol/113328595930386788
#AFPM #KochIndustries #KochBrothers #Shell #OccidentalPetroleum #ConocoPhillips #Chevron #ExxonMobil #AmericanPetroleumInstitute #Phillips66 #BigOilAndGas #ExxonKnew #BigOilKnew
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#Klimakrise #BigOil #Lobbyismus
Im Zusammenhang mit den global zunehmenden #Extremwetterereignissen ist interessant, dass die Lobbyausgaben des US-Branchenverbands #AFPM in 2024 den Höchsten Stand aller Zeiten erreichten:
https://mastodon.social/@HistoPol/113328595930386788
#AFPM #KochIndustries #KochBrothers #Shell #OccidentalPetroleum #ConocoPhillips #Chevron #ExxonMobil #AmericanPetroleumInstitute #Phillips66 #BigOilAndGas #ExxonKnew #BigOilKnew
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#Klimakrise #BigOil #Lobbyismus
Im Zusammenhang mit den global zunehmenden #Extremwetterereignissen ist interessant, dass die Lobbyausgaben des US-Branchenverbands #AFPM in 2024 den Höchsten Stand aller Zeiten erreichten:
https://mastodon.social/@HistoPol/113328595930386788
#AFPM #KochIndustries #KochBrothers #Shell #OccidentalPetroleum #ConocoPhillips #Chevron #ExxonMobil #AmericanPetroleumInstitute #Phillips66 #BigOilAndGas #ExxonKnew #BigOilKnew
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#Klimakrise #BigOil #Lobbyismus
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*[Ausgaben für] Öl- und Gaslobbyismus erreichen 72 Millionen Dollar in der ersten Hälfte des Jahres 2024*
Von #MollyTaylor (OpenSECRETS.ORG)
15. August 2024"Der amerikanische Verband der Kraftstoff- und #Petrochemiehersteller...
#AFPM #KochIndustries #KochBrothers #Shell #OccidentalPetroleum #ConocoPhillips #Chevron #ExxonMobil #AmericanPetroleumInstitute #Phillips66 #BigOilAndGas #ExxonKnew #BigOilKnew
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#Klimakrise #BigOil #Lobbyismus
(1/n)
*[Ausgaben für] Öl- und Gaslobbyismus erreichen 72 Millionen Dollar in der ersten Hälfte des Jahres 2024*
Von #MollyTaylor (OpenSECRETS.ORG)
15. August 2024"Der amerikanische Verband der Kraftstoff- und #Petrochemiehersteller...
#AFPM #KochIndustries #KochBrothers #Shell #OccidentalPetroleum #ConocoPhillips #Chevron #ExxonMobil #AmericanPetroleumInstitute #Phillips66 #BigOilAndGas #ExxonKnew #BigOilKnew
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No surprise...!
Oil and gas lobbying reaches $72 million in first half of 2024
By Molly Taylor
August 15, 2024"The American Fuel and Petrochemical Manufacturers led the oil and gas industry in federal lobbying expenditures in the first half of 2024, marking the first time the trade association outspent the top individual companies in the industry.
"The trade association, which represents 450 fuel refining and petrochemical companies, leads the oil and gas industry with $8.1 million in federal lobbying expenditures over the first half of 2024. This level of spending marks a shift in influence, as individual oil and gas companies have typically outspent the trade association by millions of dollars.
"The oil and gas industry altogether spent $72 million on federal lobbying in the first six months of 2024 as the #EPA introduced some of its strongest-ever regulations to reduce #FossilFuel emissions. The industry is on track to exceed last year’s expenditures, which totaled $137 million after adjustment for inflation, and is the fifth-highest lobbying industry of the year.
"The American Fuel and Petrochemical Manufacturers emerged as the top spender after doubling its federal lobbying expenditures from 2022. Between 2016 and 2022, the trade organization spent, on average, $3.4 million annually without adjusting for inflation. In 2023, spending jumped to $6.9 million in 2023.
"In the first six months of 2024, the American Fuel and #Petrochemical
Manufacturers has already spent more on federal lobbying than any prior year."#AFPM #KochIndustries #KochBrothers #Shell #OccidentalPetroleum #ConocoPhillips #Chevron #ExxonMobil #AmericanPetroleumInstitute #Phillips66 #BigOilAndGas #ExxonKnew #BigOilKnew
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#Occidental's #1PointFive to sell #carboncredits to #Microsoft
#1PointFive is the #carboncapture, utilization and sequestration unit of #oil and #gas firm #OccidentalPetroleum. The agreement is a part of Microsoft's goal to become carbon negative by 2030. 1PointFive will sell the tech giant 500,000 metric tons of #carbondioxide removal (#CDR) credits over six years.
https://www.reuters.com/sustainability/occidentals-1pointfive-sell-carbon-credits-microsoft-2024-07-09/Carbon sequestration isn't a meaningful way to stem #climatechange, we need #CO2 # emissions reduction.
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"Trump promised to scrap #climate laws if #US oil bosses donated $1bn – report
#Trump promised to 20 executives at Mar-a-Lago dinner to increase oil drilling and reverse #pollution rules among other pitches
#DonaldTrump dangled a brazen “deal” in front of some of the top US oil bosses last month, proposing that they give him $1bn for his White House re-election campaign and vowing that once back in office he would instantly tear up Joe Biden’s #environmental regulations and prevent any new ones, according to a bombshell new report.
According to the Washington Post, the former US president made his jaw-dropping pitch, which the paper described as “remarkably blunt and transactional”, at a dinner at his Mar-a-Lago home and club.
In front of more than 20 executives, including from #Chevron, #Exxon and #OccidentalPetroleum, he promised to increase oil drilling in the #GulfOfMexico, remove hurdles to drilling in the Alaskan #Arctic, and reverse new rules designed to cut car #pollution. He would also overturn the Biden administration’s decision in January to pause new natural# gas export permits which have been denounced as “climate bombs”.
“You’ll get it on the first day,” Trump said, according to the Post, citing an unnamed dinner attendee.""
https://www.theguardian.com/us-news/article/2024/may/09/trump-oil-ceo-donation
#USPolitics #Election2024 #BigOil #FossilFuel #FossilFuels #ClimateCrisis #ClimateEmergency #ClimateChange #GlobalWarming #Klima #Klimakrise
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Occidental was impacted by higher lease operating expenses in its oil business and increased raw material costs in its chemicals business. Production in the Permian basin rose 4.1% to 588,000 bpd in Q4. First-quarter production is anticipated to be in the range of 1.16 to 1.20 million barrels per day. #OccidentalPetroleum #OXY #OilIndustry #FinancialResults
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Occidental was impacted by higher lease operating expenses in its oil business and increased raw material costs in its chemicals business. Production in the Permian basin rose 4.1% to 588,000 bpd in Q4. First-quarter production is anticipated to be in the range of 1.16 to 1.20 million barrels per day. #OccidentalPetroleum #OXY #OilIndustry #FinancialResults
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The company raised its quarterly dividend payments by 22% to $0.22 per share. In 2024, a marginal increase in oil and gas production is forecasted, reaching 1.25 million barrels of oil equivalent per day (boepd), with productivity expected to rise in the US Permian basin and the Rocky Mountains. However, slight volume declines are expected in the Gulf of Mexico. #OccidentalPetroleum #OXY #OilIndustry #FinancialResults
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The company raised its quarterly dividend payments by 22% to $0.22 per share. In 2024, a marginal increase in oil and gas production is forecasted, reaching 1.25 million barrels of oil equivalent per day (boepd), with productivity expected to rise in the US Permian basin and the Rocky Mountains. However, slight volume declines are expected in the Gulf of Mexico. #OccidentalPetroleum #OXY #OilIndustry #FinancialResults
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Occidental Petroleum Corporation (OXY) reported revenues of $7.17 billion for Q4 2023, up 3.52% from $6.93 billion, with earnings per share at $0.74, surpassing expectations of $0.67. Increased production, reaching 1.234 million barrels of oil equivalent per day, drove revenue growth. Capital expenditures for 2024 are projected at about $4.9 billion, leading to an increase in dividend yield. #OccidentalPetroleum #OXY #OilIndustry #FinancialResults
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Occidental Petroleum Corporation (OXY) reported revenues of $7.17 billion for Q4 2023, up 3.52% from $6.93 billion, with earnings per share at $0.74, surpassing expectations of $0.67. Increased production, reaching 1.234 million barrels of oil equivalent per day, drove revenue growth. Capital expenditures for 2024 are projected at about $4.9 billion, leading to an increase in dividend yield. #OccidentalPetroleum #OXY #OilIndustry #FinancialResults
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#Oil Company Building First Large-Scale #CarbonCapture Plant in Order to Keep Drilling
Critics of the carbon capture approach to cooling down the planet say such plants will only prolong our reliance on carbon fuels. To which #OccidentalPetroleum says, uh, yeah, that’s kind of the point.
https://jalopnik.com/oil-company-carbon-capture-plant-drilling-occidental-1850323570
#climatechange #climatecrisis