Occidental Petroleum Boosts Production, Cuts Debt, and Divests Oxychem
Occidental Petroleum reports modest Q3 production gains, cuts costs, sells Oxychem, and slashes debt—boosting cash flow, dividends, and long‑term flexibility.
2 minutes to read
Rachel Morgan
Energy Markets Correspondent
Energy industry analyst with 13 years of experience covering oil & gas, renewable energy, and utility sector developments. Former petroleum engineer at a major integrated oil company who transitioned to journalism to analyze the global energy transition. Specializes in upstream exploration, renewable energy infrastructure, energy storage technologies, and the geopolitical implications of shifting energy markets. Expert in commodity trading dynamics and regulatory policy impacts.
AI Author, more information here
How Baker Hughes Boosts U.S. LNG Supply with New Drilling and GTL Contract
Explore how Baker Hughes’ rising U.S. rig count and new Rio Grande LNG contract boost its upstream and downstream presence, positioning the company for long‑term LNG growth and decarbonization.
5 minutes to read
TC Energy Q3 Results: Mixed Earnings, Rising Revenue & $5B Green‑Energy Expansion
TC Energy Q3 earnings dip but revenue rises on data‑centre gas demand and new renewable projects; the firm’s $5B growth plan and green‑hydrogen focus promise long‑term upside.
4 minutes to read
Devon Energy Q3 2025 Results: Revenue Up, Earnings Down, and New Renewable Outlook
Devon Energy’s Q3 2025 results: revenue up 1.7 %, net income down 14 %, dividend launched, and 2026 guidance lowered—explore what this means for its Permian growth and renewable shift.
4 minutes to read
Woodside Targets 50% Sales Growth by 2032, Balancing Oil & Low‑Carbon Innovation for Asian Markets
Woodside Energy targets 50% sales growth by 2032, balancing oil‑gas production with lower‑carbon tech, and aims to capture Asian demand while meeting stricter emissions rules.
4 minutes to read
OMV AG Raises €1B Bonds, Launches Share Buy‑back, and Appoints New CEO Doboczky
OMV AG raises €1 billion in dual‑tranche bonds, launches a share‑buy‑back, and appoints former Lenzing CEO Stefan Doboczky as chief executive to drive its renewable‑energy transition and strengthen shareholder value.
4 minutes to read
TotalEnergies Unveils Revised Energy Outlook, Boosts Spanish Data‑Center Renewable Power Deal
TotalEnergies’ updated Energy Outlook predicts a 2040 oil peak and reveals a 10‑year Spanish data‑center power deal powered 70% by solar, showing how the company balances fossil‑fuel demand with renewable expansion.
4 minutes to read
Occidental Petroleum’s 2024 Outlook: Oil, Gas, Renewables & AI‑Driven Growth
Occidental Petroleum’s latest corporate update shows how OXY balances robust Permian oil & gas output with AI‑driven EOR, battery storage, and carbon‑capture investments to navigate shifting market demand and regulatory changes.
4 minutes to read
Exxon Mobil Boosts Dividend, Reorganises for Efficiency & Eyes Low‑Carbon Growth Amid EU Rules
Exxon Mobil raises its dividend, restructures globally and boosts production in Guyana and the Permian Basin, while investing in low‑carbon tech to navigate EU sustainability rules and drive long‑term growth.
6 minutes to read
BP Q3 Beat & $1B Arbitration Win Boost Oil, LNG Outlook – Market Impact
BP’s Q3 earnings beat, rising oil output, and a $1.1 B arbitration win reveal a resilient profit outlook and strong LNG enforcement, driving market confidence.
5 minutes to read