Occidental Petroleum Announces Human Resources Management Changes


LOS ANGELES, March 26, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that Richard W. Hallock, Executive Vice President, Human Resources, plans to retire at the end of the year after completion of 14 years of service with the company.

Commenting on Mr. Hallock's retirement following a career spanning more than 40 years, Oxy Chairman and Chief Executive Officer, Dr. Ray R. Irani said, "Oxy has been fortunate to have an executive on our management team with Dick's broad human resources knowledge and experience. His significant contributions to our success over the years are greatly appreciated."

Martin Cozyn has been named Executive Vice President - Human Resources, effective April 1. Prior to joining Oxy, Mr. Cozyn was with Nortel Networks, most recently as Vice President, Global Human Resources. Mr. Cozyn began his career as a human resources professional with Bell Northern Research and holds an honors Bachelor of Business Administration degree from Wilfrid Laurier University.

About Oxy

Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the fourth largest U.S. oil and gas company, based on equity market capitalization. Oxy's wholly owned subsidiary, OxyChem, manufactures and markets chlor-alkali products and vinyls. Occidental is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high standards of social responsibility in all of the company's worldwide operations.



            

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