Occidental Petroleum: With a Geopolitical Premium
Longtime CEO Vicki Hollub handed over the reins as scheduled on June 1 to Richard Jackson, previously COO and a longtime company insider. The transition signals continuity. This also applies to debt reduction, which has been a priority since the Anadarko acquisition in 2019. The balance sheet has improved dramatically. Over the past 22 months, the debt level has fallen by a total of USD 15.6 bill…
Sweden will contribute to Europe's supply of critical raw materials and reduce dependence on other countries. This is one of the main points of a new minerals strategy that the government is now presenting.