The oil market will face a supply shortage by the end of 2025 as the world fails to replace current crude reserves fast enough, Occidental CEO Vicki Hollub told CNBC on Monday. About 97% of the ...

The global oil market could be heading for a supply crunch starting in 2025 if exploration activities continue to fail to keep up with demand, Occidental Petroleum (NYSE: OXY) CEO Vicki Hollub ...

President-CEO Vicki Hollub said in her company’s earnings call report that growth in the second half of the year will primarily be driven by the completion of turnarounds in the Middle East as ...

Chief executive Vicki Hollub argues that ‘2025 and beyond is when the world is going to be short of oil’ Crunch time: Vicki Hollub, chief executive of Occidental Petroleum.Photo: AP/SCANPIX ...

Occidental chief executive Vicki Hollub speaks during a session at the CERAWeek by S&P Global energy conference in Houston, Texas, US on Tuesday, 11 March 2025. Photo: CERAWEEK BY S&P GLOBAL ...

More debt-reducing divestitures are coming but chief executive officer Vicki Hollub said it won’t be to bidders who “think this is a fire sale.” Occidental Petroleum Corp., Houston ...

Occidental CEO Vicki Hollub discusses the oil industry’s journey toward lower carbon emissions, which technologies can best accelerate the process and how her company is looking to strike the ...

Hollub said fit-for-purpose well design enhancements resulted in tangible first-quarter well cost reductions of between $700,000 and $1 million per well compared to the first half of last year.