Stephen I Chazen Net Worth is210.0 $Million
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Company Name: Occidental Petroleum Corporation
Company Logo: Image:Occidental Logo.svg
Company Type: Public company
Traded As: OXY, S&P 500
Foundation: 1920
Location: 10889 Wilshire Boulevard, Los Angeles, California
Key People: Ray R. Irani (Executive Chairman) Revenue: united states dollar 24.22 billion (2011) Net Income: united states dollar 6.77 billion (2011) Products: Petroleum, Natural gas, Petrochemicals
Market Cap: United States dollar 76.59 billion (March 2012)
Homepage: []
Num Employees: Over 40,000 (2011)
Occidental Petroleum Corporation (Oxy) is a California-based oil and gas exploration and production company with operations in the United States, the Middle East, North Africa, and South America. Its headquarters is in Westwood, Los Angeles.
"Oxy" is the largest oil producer in Texas. In California, Oxy is the largest natural gas producer. Oxy has additional operations in Kansas, North Dakota, Utah, Oklahoma, Colorado, and New Mexico. The company nickname began in 1964 in reference to Occidentala??s NYSE stock ticker (OXY). Headquartered in Los Angeles, California, Oxy is the fourth-largest US oil and gas company, based on 2011 year-end equity market capitalization. As of 2011, the company has more than 40,000 employees and contractors worldwide.
Oxy's role in oil and natural gas exploration and production, to which they have pledged a commitment to responsibility, has also been a source of criticism. The company states that it is "committed to respecting the environment, protecting safety and upholding high standards of social responsibility throughout its worldwide operations." Critics have raised concerns about Occidental's historical operations in these areas.
Oxya??s subsidiaries include wholly owned chemical manufacturers Occidental Chemical Corporation (OxyChem), OxyVinyls, and INDSPEC Chemical Corporation. Oxy indirectly owns Armand Products Company with Church & Dwight Co., Inc.. Carbocloro S.A. IndA?strias QuA-micas is a joint venture between OxyChem and UNIPAR in Brazil.
Occidental was founded in 1920. In 1957, Dr. Armand Hammer was elected president and CEO. In 1961, the company discovered the Lathrop Gas Field in the Arbuckle area of the Sacramento basin at Lathrop. Over the next 10 years, Occidental expanded internationally with operations in Libya, Peru, Venezuela, Bolivia, Trinidad, and the United Kingdom. Occidental won exploration rights in Libya in 1965 and operated there until all activities were suspended in 1986 after the United Sta

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Stephen I Chazen Latest News

Occidental Petroleum Corporation 2010 Growth and Profitability Highlighted at Annual Stockholders’ Meeting

Irani and Oxy President and Chief Executive Officer Stephen I. Chazen reported the company’s 2010 operational, financial and long-term achievements at the company’s annual stockholders’ meeting today in Santa Monica, California. “Today marks a ...
Posted: May 6, 2011, 9:09 am

Occidental searching for Chazen’s replacement

Occidental Petroleum Corp. is searching for candidates to succeed Stephen I. Chazen as chief executive officer when he steps down in 2016. Chazen, 68, replaced Ray Irani as CEO in 2011 and led the international energy producer through the spinoff of its $2 ...
Posted: March 24, 2015, 10:20 am

UA grad Vicki Hollub to become CEO of Occidental Petroleum and first woman to run a big oil company

A graduate of The University of Alabama and McAdory High School will become the next CEO of Occidental Petroleum Corp., making her the ... in 1977 and the UA in 1981 - will succeed current CEO Stephen I. Chazen "after a thorough transition period ...
Posted: May 6, 2015, 9:29 am
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