Occidental Petroleum Corporation (NYSE:OXY) announced today that it will relocate its Investor Relations office from New York to its Houston headquarters and that Richard A. Jackson has been appointed Vice President, Investor Relations.

Mr. Jackson joined Occidental in 2003 from ExxonMobil. He has held key leadership roles with increasing levels of responsibility in Qatar, the Permian Basin, South Texas and Worldwide Drilling and Completions. A graduate of Texas A&M University, Mr. Jackson holds a bachelor’s degree in petroleum engineering.

“Richard’s combined experience in Occidental’s Permian Resources and international oil and gas operations will provide greater depth and insight into the synergies between our financial, operational and technical performance, elevating our level of communication with the investment community,” said Vicki Hollub, President and Chief Executive Officer.

Additionally, Anthony J. Cottone, previously Director – Investor Relations, has been promoted to Senior Director and will focus on further enhancing Occidental’s relationships with securities analysts and institutional shareholders. Mr. Cottone joined Occidental in 2012 from the Macquarie Group, where he held several financial and marketing roles. A graduate of Emory University, Mr. Cottone holds a bachelor’s degree in finance, as well as a Master of Business Administration from Columbia University.

About Occidental Petroleum

Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East and Latin America. Headquartered in Houston, Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization. Occidental’s midstream and marketing segment gathers, processes, transports, stores, purchases and markets hydrocarbons and other commodities. The company’s wholly owned subsidiary OxyChem manufactures and markets basic chemicals and vinyls. Occidental posts or provides links to important information on its website at www.oxy.com.

Occidental Petroleum CorporationMedia:Melissa E. Schoeb713-366-5615melissa_schoeb@oxy.comorInvestors:Richard A. Jackson212-603-8111richard_jackson@oxy.comAnthony J. Cottone212-603-8111anthony_cottone@oxy.comOn the web: www.oxy.com

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