Occidental Petroleum to Hold Earnings Conference Call
Posted by admin on Jul 9, 2009
LOS ANGELES, July 7, 2009 (GLOBE NEWSWIRE) — Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Thursday, July 23, 2009, following the release of its second quarter 2009 financial results. The conference call, which will begin at 11:30 a.m. Eastern, may be accessed by calling 800-473-6123. The conference call also can be heard live on the company’s website, www.oxy.com.
All remarks made during the conference call will be current at the time of the call and will not be updated to reflect subsequent material developments.
Second quarter 2009 financial results will be available through the Investor Relations section of the company’s website concurrent with the SEC filing. An archived edition of the conference call also will be available on the website within several hours after the call is completed.
ABOUT OXY
Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the fourth largest U.S. oil and gas company, based on equity market capitalization. Oxy’s wholly owned subsidiary, OxyChem, manufactures and markets chlor-alkali products and vinyls. Occidental is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high standards of social responsibility in all of the company’s worldwide operations.
Occidental Petroleum Corporation Contact information
Media Incharge : Richard S. Kline
Phone: 310-443-6249
Email : richard_kline@oxy.com
Investors Relations : Chris Stavros
Phone : 212-603-8184
Email : chris_stavros@oxy.com
Web Site : www.oxy.com
ADFD invited to invest in energy sector
Posted by admin on Jul 9, 2009
ISLAMABAD (PPI) – A delegation of Abu Dhabi Fund for Development (ADFD), UAE led by its Acting Director General Muhammad Saif Al- Suwaidi called on President Asif Ali Zardari here Wednesday at the Presidency and discussed bilateral relations between the two countries and the level of cooperation between the Pakistani government and the Fund in financing development projects in Pakistan.
Those who attended the meeting included Nawab Zulfiqar Ali Magsi, Governor Baluchistan, M.Salman Faruqui, Secretary General to the President and Maj General Faris Al- Mazrooi. The President said that Pakistan values its relationship with UAE and urged for further strengthening the bilateral ties between the 2 countries in all fields.
The President invited the Abu Dhabi Fund for Development to avail the investment opportunities in Pakistan and invest in sectors like oil and gas, power generation, and infrastructure development projects as the government has announced incentive packages to encourage investment in these sectors.
The President appreciated the support and assistance of the UAE government in the relief and rehabilitation of the displaced people.
Suwaidi said that the Fund already finances development projects in Pakistan and assured the President that the Fund would extend cooperation and investment in financing a number of investment opportunities in Pakistan
Meanwhile, a delegation of Gulf General Investment Company (GGICO), UAE led by its Chairman Abdulla Juma Al Sari called on President Asif Ali Zardari here Wednesday at the Presidency.
The President said that investors could invest in housing sector of Pakistan particularly for displaced people of Malakand and Swat.
The President said that the government has already launched a housing scheme for the poor, the general public and the government employees to meet the growing demand of housing in the country and said the Gulf investors could also avail of this opportunity. Abdulla Juma Al Sari said GGICO was interested in investing in housing sector of Pakistan particularly the pre-fabricated housing units for the displaced people and affordable housing in the major urban areas.
The President said that the company should discuss the prospects of investment with relevant government ministries and avail of investment opportunity through a transparent competitive bidding process.