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The pressure is on for Oxy to scale up further in the Permian basin
Warren Buffett-backed group beats rivals in race for sought-after private oil producer
US oil producer seeks assets in prolific Permian field as sector consolidates
Move is a sign of support for the world’s largest venture deploying nascent climate technology
Occidental Petroleum project in Texas is among two initial recipients of federal grant programme
Inflation Reduction Act’s tax credits include technologies favoured by fossil fuel sector
The group thinks it can make money for shareholders, but the nascent technology means investors need to take a long view
Plus, Occidental Petroleum’s miraculous comeback and Deutsche Telekom’s CEO has some regrets
Feared to be facing bankruptcy three years ago, oil producer Occidental is set to report its biggest-ever earnings
The Sage of Omaha has accumulated a fifth of the company and has approval to buy up to 50 per cent
Shares in US oil and gas producer jump after energy regulator authorises increased stake
Harold Hamm’s move could enable oil group to fire up drilling rigs to capitalise on surging prices
SEC will force oil and gas producer group to hold vote on tighter emissions targets
Berkshire Hathaway veteran sticks by the group while the activist investor sells his shares
Oil company’s shares have rebounded since contentious Anadarko Petroleum deal
CEO Vicki Hollub says oil group pumps more CO2 into ground than carmaker prevents being emitted on roads
Is it a serious shift or greenwashing?
After being eerily quiet during the first few months of the pandemic, the Oracle is making some bets
Widespread targets to reduce emissions to net zero have boosted interest in ‘direct air capture’ technology
Largest US onshore producer is latest to slash value of assets amid weak demand
Indebted US oil driller has been trying to shore up its finances after crude price crash
The bond market is being flooded with junk-rated companies and there’s probably more to come
Western Asset asks for more time to offload corporate debt as virus rating downgrades bite
Negotiations over a $2tn US stimulus deal faltered on Sunday
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