Occidental posts $2.2 billion loss

Company recently hired investment bank to look at ways to ease debt burden, according to reports

Occidental: takes an additional capital budget cut — Occidental: takes an additional capital budget cutPhoto: REUTERS/SCANPIX

Julia Martinez

Houston

Occidental Petroleum Devon Energy Production Americas North America

Published 5 May 2020, 21:25Updated 5 May 2020, 21:25