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...
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