Production

Occidental to maintain production in 2022, while paying down debt

Company to focus on short-cycle projects with capital programme between $3.9 billion and $4.3 billion

Holding steady: Occidental Petroleum chief executive Vicki Hollub said the company’s focus would be on debt reduction and shareholder returns in 2022 while keeping production flat
Holding steady: Occidental Petroleum chief executive Vicki Hollub said the company’s focus would be on debt reduction and shareholder returns in 2022 while keeping production flatPhoto: PHILMCCARTEN/CORPORATEEVENTIMAGES/UPSTREAM
Houston
Occidental PetroleumUSAVicki HollubAnadarko PetroleumAmericas
Published 25 February 2022, 21:30Updated 2 March 2022, 10:50