OXY(US:OXY) 贝塔投资智库·2025-09-29 05:16Group 1 - Western Oil is negotiating the sale of its petrochemical subsidiary OxyChem, with an estimated transaction value of at least $10 billion [1] - This divestiture is expected to be the largest in the company's history, potentially creating one of the world's largest independent petrochemical companies [1] - The company has been reducing debt through asset sales, supported by major shareholder Warren Buffett, and the announcement of this sale is anticipated in the coming weeks [1] Group 2 - Western Oil's subsidiary 1PointFive has formed a 50:50 joint venture with Enbridge to develop the Pelican Sequestration Hub and related transportation infrastructure in Louisiana [2] - 1PointFive will be responsible for developing underground carbon dioxide storage facilities, while Enbridge will construct and operate the pipeline from customer locations to the storage hub [2]