UPDATE 2-Occidental to cut Western Midstream stake to reduce debt
05 Jan UPDATE 2-Occidental to cut Western Midstream stake to reduce debt
Posted at 19:51h
in
News
by KMFSLLP
Occidental Petroleum Corp said on
Monday it would cut its majority stake in pipeline operator
Western Midstream Partners LP to less than 50% in 2020,
to reduce its debt that grew significantly with the Anadarko
Petroleum Corp deal.
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