Occidental Petroleum Corporation
Profile
Occidental Petroleum is a fossil fuel company headquartered in Houston, Texas, although it was based in Los Angeles for most of its history. It incorporates the assets of Andarko Petroleum from Texas and Kerr-McGee from Oklahoma, both of which were major fossil companies in their time. In Colombia, the U’wa Indigenous peoples successfully campaigned to force Occidental from drilling on their lands and to sell its concession to Ecopetrol. Occidental continues to operate the 780 kilometer long Caño Limón pipeline in Colombia to the port of Coveñas which has contaminated the Arauca, Capanaparo and Cinaruco rivers. It has been sued for providing military equipment to Colombian army used to massacre union members along the pipeline route. In Peru, Occidental has agreed to a confidential settlement in 2013 with the Achuar Indigenous community for 30 years of contaminating the Corrientes River basin.
Petroleum products, natural gas, chemical products.
Violations
| Top 5 Offense Groups (Groups Defined) | Penalty Total | Number of Records |
|---|---|---|
| environment-related offenses | $5,398,365,418 | 179 |
| government-contracting-related offenses | $34,750,000 | 4 |
| competition-related offenses | $1,332,423 | 1 |
| safety-related offenses | $494,853 | 46 |
| employment-related offenses | $13,256 | 1 |
(September 30, 2022)
Stories
Activism
A well-oiled protest against Oxy
Tiffany Hsu | Los Angeles Times | May 3, 2008
It’s a time-honored ritual for Occidental Petroleum Corp.: the yearly gathering of shareholders and protesters.
Picketers protest Occidental drilling
IATP | May 6, 2002
A noisy group of about 20 sign-waving demonstrators marched outside the annual meeting of Occidental Petroleum Corp. last week to protest the prospect the company could drill for oil in a war-torn region of Colombia they say belongs to the U'wa Indian tribe.
- American Friends Service Committe: Investigate
- Center for Health, Environment & Justice
- ExxonKnew
- Greenpeace
- Oil Change International/Price of Oil
- Safer Chemicals, Healthy Families
- Union of Concerned Scientists
- A Community Voice
- Alliance for Affordable Energy
- Climate Reality New Orleans
- Coalition Against Death Alley
- Healthy Gulf
- Justice and Beyond
- Louisiana Bucket Brigade
- Louisiana League of Conscious Voters
- New Orleans Office Sierra Club
- Poor Peoples Campaign
- SouthWings
- Sunrise Movement, New Orleans
- RISE St. James
- 350 New Orleans
& Lawsuits
Occidental Petroleum to be sued by environmentalists over Permian Basin air pollution
Adrian Hedden | Current Argus | November 23, 2021
One of the Permian Basin’s leading oil and gas producers could be taken to court by a New Mexico environmental group which alleged the company illegally released air pollutants at facilities in the southeast corner of the state.
Peruvian Indigenous Communities Pleased with Settlement of Pollution Lawsuit Against Occidental Petroleum
Earth Rights International | September 16, 2013
Indigenous Achuar plaintiffs from the Corrientes River Basin in the Peruvian Amazon release the following statement concerning their lawsuit against Occidental Petroleum (Oxy) for alleged contamination of Achuar communities at a press conference in Lima, Peru, today.
Environmental Impacts
Settlement Reached on cleanup and costs for Occidental Chemical Corp / Firestone Tire Superfund site
U.S. EPA | January 5, 2012
On January 5, 2012, the United States District Court for the Eastern District of Pennsylvania approved a settlement agreement between the U.S. Environmental Protection Agency and the current and former owners and operators of the Occidental Chemical Corp / Firestone Tire Superfund Site in Lower Pottsgrove Township, Penn.
PERI Pollution Indexes
Based on United States Environmental Protection Agency data.
& Relations
IndustriALL Global Union calls on Occidental Petroleum Corporation to intervene at OxiChile
Valter Sanches | IndustriALL | July 22, 2019
I am writing to you on behalf of IndustriALL Global Union, representing more than fifty million workers in mining, energy and manufacturing sectors throughout the world, including Chile and the US, to call on Occidental Petroleum Corporation to intervene immediately at its subsidiary in....
Financials
Note: Most recent list is not always the most complete list.
- Occidental Petroleum Subsidiaries (via U.S. SEC 2018)
- Occidental Petroleum Subsidiaries (via U.S. SEC 2006)
- Occidental Petroleum Subsidiaries (via Fintel 2020)
Croctail Subsidiary Tool using the CorpWatch API - This API extracts the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the US SEC.
- CIK numbers link to SEC database (EDGAR)
- Section 21 links to SEC list of companies.
- Occidental Petroleum Croctail Profile
Click here for the latest data.
Political Influence
Open Secrets - Tracks corporate lobbying of US politicians.
OpenSecrets.org Profile of Occidental Petroleum
Import & Export Data
ImportYeti - Shipping Tracking Tool - Bill of ladings are public information that are too cost prohibitive, challenging to obtain and difficult to use for the average joe. ImportYeti's goal is to solve that problem.
- ImportYeti Profile of Occidental Petroleum
& Evasion
Occidental Petroleum lobbies for bailouts but leaves behind legacies of pollution
Bailout Watch | August 5, 2020
Occidental Petroleum is on the ropes. The oil giant has been careening towards bankruptcy ever since the pandemic hit. Just last week Oxy had to write down $6.6 billion in assets—or around 40% of its market value.
These Top Fossil Fuel & Utilities Companies Didn’t Pay Any Federal Income Taxes Last Year
Derek Seidman | Little Sis | May 7, 2019
A recent report by the Institute on Tax and Economic Policy finds that 60 profitable companies that are on the Fortune 500 list paid no federal income taxes in 2018. These include many well known brands, such as Netflix, JetBlue, Goodyear, and Avis.
Occidental Oil Companies to Pay $2.05 Million to Resolve Allegations of Royalty Underpayments from Federal Land
U.S. Department of Justice | March 22, 2011
ccidental Petroleum Corporation, Occidental Oil and Gas Corporation, and OXY USA Inc. have agreed to pay the United States $2.05 million plus interest to resolve claims that the companies violated the False Claims Act by knowingly underpaying royalties owed on natural gas produced from federal leases....
Procurement
Occidental Petroleum contracts with the U.S. Federal Government (via USA Spending)