Post Tagged with: "Western Midstream Partners"

Source: Reuters

Occidental to slash Western Midstream interest below 50%


Oil and gas producer Occidental Petroleum Corp said on Monday it would reduce its economic interest in pipeline operator Western Midstream Partners Lp to less than 50% in 2020.

Occidental said it had reached agreements with Western, acquired in …

Source: Tyler Losier

Occidental Finance Chief Pledges to Act Quickly to Pare Acquisition Debt

From Reuters

Occidental Petroleum Corp (OXY.N) expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company’s finance chief said on Monday.

Cedric Burgher, in his first public remarks since the …

Source: Occidental Petroleum

Occidental Mulls Sale of Anadarko’s Western Stake

From Bloomberg

Adviser helping find buyer for stakes in pipeline operator, Occidental struck $38 billion agreement for Anadarko in May

Occidental Petroleum Corp. is seeking a buyer to take majority control of Western Midstream Partners LP, the pipeline operator that …