Occidental Petroleum

Occidental Petroleum is an international energy company with operations in the United States, Middle East and Latin America. It is involved in oil and gas exploration and production, as well as chemical manufacturing. Occidental Petroleum is newsworthy because former US President Donald Trump recently invested in its bonds. A new White House disclosure revealed that Trump's investments through December included bonds from Occidental Petroleum, costing at least US$51 million in total across various companies. This investment is significant because it highlights potential conflicts of interest, as Trump's administration's policies could directly impact the value and performance of companies he has invested in. The investment underscores the ongoing scrutiny of financial dealings by public figures and their potential influence on policy decisions.