Berkshire's OxyChem acquisition could be Buffett's last deal before he passes the torch to Greg Abel in a few months.

With its new ownership under Berkshire Hathaway, OxyChem could be poised for expansion opportunities while other companies ...

Oxy is mainly an exploration and production (E&P) company operating in the upstream segment of the oil and gas value chain.

Occidental Petroleum stock (NYSE: OXY) has faced a challenging period. The stock has decreased approximately 20% in the last ...

Warren Buffett’s Berkshire Hathaway to acquire Occidental Petroleum’s petrochemical unit in a $10 billion deal.

OXY may sell OxyChem to Berkshire Hathaway for $10B, impacting debt and diversification. See the deal’s risks and if now is ...

Berkshire also owns Lubrizol Corp., a Wickliffe, Ohio-based supplier of thermoplastic polyurethanes, lubricants, and other ...

As corporate giants continue to reassess their portfolios amid economic shifts, strategic divestitures are becoming a common ...

Berkshire Hathaway is buying Occidental Petroleum’s chemical division for $9.7 billion in what may be one of the last big ...

Houston-based company Occidental Petroleum will sell its chemical business, OxyChem, for $9.7 billion to Berkshire Hathaway, ...

Warren Buffett is moving on to Berkshire Hathaway’s biggest deal since 2022. As Cryptopolitan previously reported, Berkshire ...

OxyChem posted sales of $4.9 billion in 2024, accounting for about 19 percent of total sales for Occidental, a major oil and ...