Exclusive: Occidental emerges as heavy hitter in U.S. oil export boom

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Exclusive: Occidental emerges as heavy hitter in U.S. oil export boomNEW YORK/HOUSTON (Reuters) - Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading firms and oil majors, in a market now worth more than $150 million every day. It is showing no signs of slowing down, with plans to double crude exports by 2020. In 2017, Occidental was the largest exporter from the U.S. Gulf Coast of crude produced in the Permian oilfield of Texas and New Mexico, the largest U.S. oil field.


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