Occidental Eyes Major Permian Basin Expansion With Potential $10B CrownRock Acquisition: Report

Occidental Eyes Major Permian Basin Expansion With Potential $10B CrownRock Acquisition: Report

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Occidental Petroleum Corporation OXY is reportedly planning to buy CrownRock, a significant energy producer in the western Texas area of the Permian basin. Negotiations for the privately owned firm, potentially worth over $10 billion in debt, may soon conclude, provided discussions remain intact,…

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