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At oxy, we provide society with reliable energy and essential products while reducing greenhouse gas emissions and making the world a better place to live Berkshire hathaway will purchase occidental's chemical business, oxychem, for $9.7 billion, the two companies announced thursday. For 100 years, oxy has developed extensive assets, infrastructure, expertise and technology to fuel progress and improve lives around the world.
Occidental petroleum corporation (often abbreviated oxy in reference to its ticker symbol and logo) is an american company engaged in hydrocarbon exploration in the united states and the middle east as well as petrochemical manufacturing in the united states, canada, and chile. Here's what berkshire hathaway's $9.7 billion acquisition of occidental's chemicals business means for investors. The meaning of occidental is of, relating to, or situated in the occident
Find the latest occidental petroleum corporation (oxy) stock quote, history, news and other vital information to help you with your stock trading and investing.
Warren buffett is staying active even as he gets ready to hand over the ceo reins at the end of this year. Occidental petroleum will sell its oxychem chemicals division to warren buffett's berkshire hathaway for $9.7 billion to reduce its debt. Headquarters are in los angeles Founded in 1920 in los angeles, occidental petroleum was for many years a small, largely unprofitable driller.
Warren buffett’s berkshire hathaway inc Reached a deal to buy occidental petroleum corp.’s petrochemical business for about $9.7 billion in cash.
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