Occidental Petroleum sold its OxyChem subsidiary to Berkshire Hathaway on June 25, 2026. The company had previously acquired Anadarko Petroleum in 2019.

The entities involved

• Occidental Petroleum →

  American oil company

  • ExxonMobil and Occidental Petroleum are conducting exploration in the TTUD-1 block in Trinidad and Tobago.Sun 06:12
  • Armand Hammer founded the Hammer Museum and invested in Occidental Petroleum while living in Los Angeles.Tue 20:29
• Berkshire Hathaway →

  American multinational conglomerate holding company

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • Howard took over as non-executive chairman, was appointed as successor and CEO, and subsequently stepped down from the chairman role.Mon 16:15
• Anadarko Petroleum →

  American oil and gas exploration company

  • The Alaska DNR denied a royalty modification for Kerr-McGee, which was acquired by Anadarko, while the state approved a request from Pioneer Natural Resources.Thu 23:54
  • A market comparison of financial health and investment potential was conducted between Scorpio Tankers and Anadarko Petroleum.Thu 13:49

Related events

• Berkshire Hathaway, led by Greg Abel, completed the purchase of OxyChem and acquired Duracell from Procter & Gamble.Sep 6