Occidental (NYSE:OXY) Cuts Spending To Manage Its Losses

Occidental Petroleum Corp (NYSE:OXY) announced that it would be putting on its big projects by 40% next year. This comes after its acquisition of Anadarko Petroleum for $38 billion. This deal contributed to Occidental not meeting its revenue targets, hence, the decision to cut on the spending the coming year. Moreover, the Anadarko deal led […]