Occidental raises production forecast amid quarterly profit down 83%

Company saw volumes from the Permian, Rockies and US Gulf of Mexico all exceeding guidance

Occidental Petroleum chief executive Vicki Hollub — Occidental Petroleum chief executive Vicki HollubPhoto: REUTERS/SCANPIX

Fabio Palmigiani

Rio de Janeiro

USA Occidental Petroleum Vicki Hollub Permian Basin US Gulf of Mexico

Published 3 August 2023, 13:44Updated 3 August 2023, 14:00