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HOUSTON, June 10, 2021 (GLOBE NEWSWIRE) Occidental (NYSE: OXY) today announced it has entered into a definitive agreement to sell non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC, for $508 million, subject to closing adjustments to reflect an April 1, 2021 effective date. The transaction, which is expected to close in the third quarter of 2021, includes approximately 25,000 net acres in the Southern Delaware Basin in Texas with current production ....
June 04, 2021 THE recent onslaught of Tropical Storm Dante has left over P5 million worth of damage and losses to the agro-fishery sector of Negros Occidental. For crops, the Office of the Provincial Agriculturist (OPA) on Friday, June 4, 2021, reported a total of about P4.46 million in production losses. The figure covers 176.88-hectare of rice farms affecting 143 farmers in 24 barangays of five local government units (LGUs) in the province. The report covering the period of May 31 to June 2, 2021, showed that 60 rice farmers in Hinoba-an town incurred the biggest amount of damage and losses, P2.31 million. The amount accounts for 93 hectares of damaged farms in six barangays. ....
As part of its corporate social responsibility, Occidental Oman signed an agreement to support the Ministry of Health’s efforts in purchasing and providing Covid-19 vaccines worth $2.5 million.According to MoH, in the first phase, 30 percent of the target population will be vaccinated by the end of August 2021, while the second phase will cover another 40. ....
MUSCAT: Occidental Oman has signed a sponsorship agreement with the Ministry of Health to fund the purchase of Covid-19 vaccine doses worth $2.5 million. The sponsorship aims to enhance vaccination levels in the country against the coronavirus, particularly for high-risk individuals and the Ministry’s targeted groups.This vaccine programme continues. ....