News - Oxy
Shareholders Warned: Oxy Faces Lawsuit Similar to Chevron in Ecuador Video news release narrated by Daryl Hannah available at www.amazonwatch.org Interviews Available Onsite Before and After the Meeting LOS ANGELES, May 1 /PRNewswire-USNewswire/ -- Today, a delegation of concerned shareholders, environmental and human rights activists, lawyers and celebrities will once again address Occidental Petroleum's (OXY) annual stockholders' meeting to urge CEO Ray Irani and the Board of Directors to rectify the company's legacy of harm in the Peruvian Amazon before more indigenous Achuar people fall victim to widespread oil contamination. Among advocates and proxy-holders who will speak at the meeting at the Fairmont Hotel in Santa Monica will be Lily la Torre, lawyer for the Achuar people in Peru; Bill Powers, engineer with E-tech International; Patrick Doherty, Director of Corporate Responsibility for New York City Common Retirement Fund and actress Q'orianka Kilcher (The New World).
Plains All American Pipeline, L.P. (NYSE:PAA) announced today that a wholly owned subsidiary of Occidental Petroleum Corporation ("OXY"), has entered into definitive agreements to acquire an aggregate 10% equity interest in the general partner of PAA directly from the existing owners.
California-based Occidental Petroleum has signed full 30-year agreements with the Libyan National Oil Company to upgrade its existing petroleum contracts in Libya.
Integrated oil company Occidental Petroleum has signed a definitive agreement with Enerplus Resources Fund to purchase a 15% interest in the Joslyn oil sands project in Alberta, Canada, for C$500 million.
LOS ANGELES, April 30 /PRNewswire-USNewswire/ -- Indigenous leaders from the Peruvian Amazon and environmentalists today donned hazmat suits and staged a major "clean-up operation" outside the global headquarters of Occidental Petroleum (Oxy) to urge the company to remediate a toxic disaster it created in the Peruvian Amazon rainforest.
