UAE/REGIONAL/GCC
 
Occidental: Uncertainty Continues Over Middle East Assets
 
Occidental Petroleum’s CEO Steve Chazen has put his proposals for restructuring the firm to the board of directors, he told a 30 July investors’ conference call to mark the release of the company’s second quarter results. The options may include selling off Oxy’s Middle East assets.
 
A decision is expected by year-end. He recently completed a tour of the GCC...