Occidental to use $6.5 billion sale proceeds to cut debt Debt peaked after Anadarko, CrownRock deals Berkshire expands chemical portfolio beyond Lubrizol Sale reflects closer ties between Berkshire, ...

Berkshire Hathaway announced Thursday it would acquire Occidental Petroleum’s petrochemical unit, OxyChem, in a deal valued at $9.7 billion, the largest deal by billionaire Warren Buffett’s firm in ...

Investing.com -- Occidental Petroleum shares have risen over 1% premarket after reports emerged stating that the company is in advanced talks to sell its chemical division, OxyChem, for at least $10 ...

Occidental Petroleum will sell its chemicals arm OxyChem to Warren Buffett's Berkshire Hathaway for $9.7 billion, the company said on Thursday, marking its biggest divestment yet to slash debt after ...

Occidental Petroleum (NYSE:OXY) has had a great run on the share market with its stock up by a significant 10% over the last three months. As most would know, fundamentals are what usually guide ...

Occidental Petroleum (NYSE:OXY) is negotiating the sale of its OxyChem division in a deal that could exceed $10 billion, the Financial Times reported Sunday. If completed, the transaction would mark ...

Occidental Petroleum is reportedly in talks to divest its petrochemicals division, OxyChem, in a deal that could be worth up to $10 billion and would create one of the largest independent ...

Berkshire Hathaway is negotiating the acquisition of the petrochemicals business of Occidental Petroleum in a deal that could fetch $10 billion for the oil major, the Wall Street Journal has reported, ...

Occidental Petroleum Corp. is in talks to sell its OxyChem petrochemical unit in a deal worth at least $10 billion, the Financial Times reported Sunday. The divestment would be the US company’s ...

Warren Buffett’s Berkshire Hathaway BRK.B0.08%increase; green up pointing triangle is in talks to buy Occidental Petroleum’s OXY-0.95%decrease; red down pointing triangle petrochemical business for ...

Warren Buffett said in May that he recommended Berkshire Hathaway’s Vice Chairman Greg Abel to become the CEO in 2026. Photo: Scott Morgan/Reuters Berkshire’s all-cash $9.7 billion acquisition of ...

Sept 28 (Reuters) - Occidental Petroleum (OXY.N), opens new tab is negotiating the sale of its OxyChem division, a transaction that could value the unit at a minimum of $10 billion, the Financial ...