Category: Occidental Petroleum Corporation

IRS Official Sues Agency, Accusing It of Leaking Private Data to Fox News and Others

Holly Paz was among officials scrutinizing tax shelters before she was placed on leave and Fox News reported she had been fired.
Trump Administration Halts I.R.S. Crackdown on Major Tax Shelters

The Treasury Department is rolling back efforts to shut down aggressive strategies used by America’s biggest multinational companies and wealthiest people.
The Republicans Pushing Trump to Save Biden’s Clean Energy Tax Credits

Despite President Trump’s rollback of climate policy, some Republicans and business leaders say clean energy can help his “energy dominance” agenda.
What Will Warren Buffett Bet on Next?

Berkshire Hathaway shareholders will gather in Omaha for the conglomerate’s annual meeting on Saturday, with questions about the company’s future.
Can We Engineer Our Way Out of the Climate Crisis?

Blocking solar rays. Sucking carbon dioxide from the atmosphere. Ideas that sound like science fiction are now starting to become reality, raising concerns about safety.
Two Big Texas Oil Producers Announce $26 Billion Merger

Diamondback Energy and Endeavor Energy Resources are both major players in the booming Permian Basin.
Occidental Is Latest Oil Company to Buy a Smaller Producer

The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.
Debt-Ceiling Déjà Vu Worries Wall Street

The last crisis, in 2011, led to a credit downgrade that sank stocks. This time, Treasury Secretary Janet Yellen has warned of a “financial catastrophe.”