What is the history of Occidental Petroleum Corporation?

Occidental Petroleum Corporation has a rich and diverse history that spans over a century. Founded in 1920 in Los Angeles, California, Occidental originally focused on developing oilfields in South America. Over the years, the company expanded its worldwide operations through numerous acquisitions and partnerships. Notably, in the 1960s, Occidental struck oil in the Middle East, becoming one of the first American companies to operate in the region. It further expanded by acquiring diverse energy assets, including coal, natural gas, and chemicals. Throughout its history, Occidental has demonstrated a commitment to resource development, technological innovation, and environmental stewardship. Today, it is a leading international oil and gas company with operations in the United States, the Middle East, and Latin America, dedicated to responsibly providing energy to meet global demand.