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The Latest Breaking News from Vicki Hollub

Buffett’s Next Oil Bet: Why Occidental Is Different

Warren Buffett’s massive bet on Occidental Petroleum shows how he’s evolved from past oil mistakes to future-ready investments.

MarketBeat

Buffett Trims Equities, But Still Keeps Buying This Stock

Warren Buffet has been buying shares of this company since 2019 and Berkshire Hathaway owns 28.2% of the company with its @12.3 billion stake and 265 million sh

MarketBeat

Carbon Capture Industry Tweaks Message For The Trump Era

Backers of carbon capture and storage are emphasizing compatibility with President Trump's energy development goals as they seek to protect hard-won US policies from the administration's climate chopping block.

International Business Times

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Billionaire Warren Buffett Scoops Up Over 7 Million Shares Of This Oil Company In 2 Weeks

Occidental Petroleum's grand ambitions of low-carbon energy transition caught Warren Buffett's attention. Berkshire Hathaway holds almost 29% stake in the energy firm.

International Business Times UK

What Warren Buffett’s 9-day buying tear of oil stock Occidental says about Berkshire Hathaway’s bigger strategy

Berkshire Hathaway has a long relationship with the oil and gas giant Occidental.

Fortune

Trump attends Houston lunch to ask oil bosses for more campaign cash

Invitation-only meeting comes on heels of controversial dinner at Mar-a-Lago where Trump reportedly offered $1bn quid pro quo

The Guardian - US

Occidental Petroleum Eases Permian Basin Focus As Warren Buffett Buys More Shares

Occidental Petroleum reported Q4 results and outlined its Permian Basin spending plans. Warren Buffett kept buying the stock in Q4.

Investors Business Daily

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In Davos, An Australian Mining Boss Presses Industries To Go Green

Andrew Forrest, a blunt Australian billionaire who made his fortune in iron ore mining, stood out among the heads of emissions-spewing industries at the meeting of global elites in Davos.

International Business Times

This oil company invests in pulling CO2 out of the sky — so it can keep selling crude

A technology that could help combat climate change is being championed by an unlikely proponent: Occidental Petroleum, a big oil company. And that's raising all kinds of knotty issues.

WEKU

Looking back on the challenges CEOs faced in 2023, from war to climate change to the A.I. boom

Looking ahead, 2024 likely will be filled with volatility, uncertainty, complexity, and ambiguity. That’s "VUCA" for you.

Fortune

1 Energy Stock BlackRock and Buffett Are Both Betting On

None other than BlackRock is investing big in this new carbon capture technology. Here's why this top Warren Buffett oil stock might be the best way to play it.

Barchart

Occidental's Vicki Hollub on what future CEOs need to know before moving into the C-suite

She also recounts what it was like to call Warren Buffett to talk about a deal.

Fortune

How Vicki Hollub's Occidental Petroleum rejoined the ranks of the World's Most Admired Companies

Occidental Petroleum made it back on Fortune's list of the World's Most Admired Companies after a challenging two years away.

Fortune

Davos 2023: EU to counter U.S. climate game changer with own green deal

The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier for green industry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States.

Reuters

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Fortune

Occidental CEO Vicki Hollub says carbon capture is not greenwashing

"It's something that we feel like we should do and need to do to help the world."

Investors Business Daily

Oil Companies Prioritize Buybacks Over Production Gains

Oil companies are focusing on returning money to investors over increasing oil production.

The Independent UK

Davos climate focus: Can 'going green' mean oil and gas?

Government and corporate leaders at the World Economic Forum are debating whether oil and gas companies can or should be part of the future transition to renewable energies such as wind and solar

Tribune News Service

Buffett is back with one of his biggest buying sprees in years

After complaining for years that high valuations were thwarting his stock-buying efforts, Warren Buffett’s Berkshire Hathaway Inc. is back hoovering up other companies’ shares.

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news in one place.

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StockNews.com

Here's Why Warren Buffett Is So Bullish on Occidental Petroleum?

Revered investor Warren Buffett has a roughly 14% stake in Occidental Petroleum (OXY), one of the largest oil producers in the U.S. Buffett has been betting on OXY’s rapid growth and managerial efficiency of late. Furthermore, with a focus on sustainable production to reduce its carbon footprint, Buffett believes that…

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