Company description

About Us:

OccidentalPetroleum Corporation (NYSE: OXY) is an international oil and gas explorationand production company, and its OxyChem subsidiary is a major North Americanchemical manufacturer. We are one of the largest U.S. oil and gas companies,based on equity market capitalization, with more than 40,000 employees andcontractors worldwide. Oxy is committed to respecting the environment, maintaining safety andupholding high standards of social responsibility throughout the company'sworldwide operations. Oxy's success is built on technical expertise, businessacumen, strong partnerships and proven ability to deliver superior results.For more information please go to: www.oxy.com

What we do:

Oil and natural gas operations are the core of Oxy’s business. Our exploration and production activities are concentrated in three geographic regions: the United States, Middle East/North Africa and Latin America. In each of these regions, we focus on long-lived, “legacy” oil and gas assets with long-term production growth potential. Oxy is well-positioned for success in today’s dynamic and complex business environment. We strive to manage production costs effectively and to achieve exemplary safety and environmental performance. We invest only in projects that meet the company’s stringent financial criteria and complement existing assets. Oxy increases its proved oil and natural gas reserves in 3 primary ways: Strategic acquisitions near established producing locations further expand our position in our three core geographic regions Improved recovery and enhanced recovery techniques extend the life of mature oil and gas fields and help to reach and extract some of the least accessible reserves Exploration in targeted areas reveals previously untapped oil and gas reservoirs