Occidental Petroleum Corp. News

Colorado Oil Regulator Rejects Plan to Drill Near Homes

The state of Colorado’s oil regulator this week rejected a request by Occidental Petroleum Corp. to drill new oil and gas wells roughly 800 feet away from homes, in a test of a new rule that sets a wide berth …

After 4 Years, Louisiana Sinkhole Stabilizing

A massive sinkhole that went viral in 2013 swallowing trees in Assumption Parish and forcing more than 300 residents from their homes has quieted down as officials slowly allow residents to come home. The sinkhole, located in Bayou Corne about …

Occidental to Pay $190M in New Jersey River Pollution Case

Occidental Petroleum Corp.’s chemical unit agreed to pay $190 million to cover its liability for the cleanup of the Passaic River in northern New Jersey, state officials said. Occidental Chemical is the legal successor to Diamond Shamrock Chemical Co., which …