Occidental Petroleum | Egypt Oil & Gas

Pioneer Natural Gas Sets Emissions Reduction Target

Pioneer Natural Gas Resources announced its target to reduce 25% of greenhouse gas (GHG) emissions in addition to cut 40% in methane intensity by 2030 including the assets of Parsley Energy which it acquired in Oc ...

ICE Signs Deals with US Firms to Use New UAE Murban Crude Futures 

Intercontinental Exchange (ICE) has signed agreements with American supermajor Chevron, Occidental Petroleum, and leading merchant Trafigura AG to use the upcoming Murban crude futures contract as a pricing benchm ...

Oil Producers to Cut Oman’s Production by 200,000 bbl/d

Oman is preparing to slash oil output during May and June which will see the Sultanate reduce its production by 201,000 barrels per day (bbl/d).

Algeria to Decide on Total’s Anadarko Deal in Months

It could take the Algerian government months to take its final decision on whether it will allow Total to take over Anadarko assets in the country.

Algeria Mulls Options for Total’s Anadarko Deal

The Algerian government is reconsidering Total’s acquisition of Anadarko’s Algerian assets and looks for a good compromise

Oman Signs an EPSA with Occidental

Oman’s government has inked an EPSA with Occidental of Oman, a wholly owned subsidiary of Occidental Petroleum Corporation.

ADNOC Awards Onshore Block 3 to Occidental Petroleum

Under the agreement, Occidental will own 100% of the block in the exploration phase and invest around $244 million, meanwhile ADNOC will be able to hold 60% stake in the production phase of the concession.

Occidental Petroleum No Longer Extending Qatar Field Contract

Occidental Petroleum Corp announced they are no longer pursuing a contract extension for the Qatari Idd El-Sharghi North Dome (ISND) offshore oil field.

UAE’s Iran Shah Gas Project to Begin Production this Year

The Shah gas project which began operations this year in the United Arab Emirates will achieve full production in the second quarter, earlier than expected

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