Occidental Petroleum to Increase Capital Project Spending by 10 Percent
Investing News Network - July 26th, 2012
Rigzone reported that Occidental Petroleum Corp. (NYSE:OXY) plans to spend 10 percent more on capital projects in 2012.
Rigzone reported that Occidental Petroleum Corp. (NYSE:OXY) plans to spend 10 percent more on capital projects in 2012.
As quoted in the market news:
The company now targets $9.2 billion of capital expenditures, up from the $8.3 billion it previously announced to investors.