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In September 2014, Occidental moved its headquarters to Houston, Texas. [ 40 ] [ 41 ] In November, the company sold its 50% interest in BridgeTex Pipeline Company, owner of a 300,000 barrel-per-day crude oil pipeline system that extends from Colorado City, Texas to Texas City, Texas , for $1.075 billion.
In 2006, the company signed a 225,648 square feet (20,963.4 m 2) lease for office space in the Heritage Plaza building in Houston, Texas. [ 13 ] In 2008, the company acquired assets in the Chuan Zhong Block exploration area in the Sichuan Basin, Sichuan Province , China from ConocoPhillips . [ 14 ]
In 1999, the company purchased a 7.5-acre (30,000 m 2) tract in The Woodlands, Texas from the Woodlands Land Company to build an 800,000-square-foot (74,000 m 2), 32-story headquarters building, on the site. [5] In 2012, the company began construction of another office tower adjacent to its headquarters. [6]
The Occidental Petroleum Corp headquarters is pictured in Los Angeles, California September 16, 2013. REUTERS/Mario Anzuoni (Mario Anzuoni / reuters) Josh and Ines are reporters for Yahoo Finance.
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Occidental Petroleum is an integrated energy company. That means that it owns assets in the upstream (oil and natural gas production), midstream ( pipelines ), and downstream ( chemicals and ...
Austin, Texas; Atlanta, Georgia (metropolitan area); Birmingham, Alabama; Boston, Massachusetts; Charlotte, North Carolina; Chicago, Illinois (metropolitan area ...
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