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Occidental will issue $9.1 billion in debt and about $1.7 billion in common stock to finance the transaction. Occidental Petroleum on Monday agreed to buy CrownRock , a major privately held energy producer that operates in the Permian Basin, for $12 billion. Occidental CEO Vicki Hollub said the company is purchasing CrownRock to increase its scale in the Midland Basin. Occidental is the ninth-largest energy company in the U.S. with a market capitalization of $49.7 billion. Occidental's purchase of CrownRock is the third major deal in the energy sector in less than two months.
Persons: Vicki Hollub, Hollub, CNBC's, CrownRock, Timothy Dunn, Warren Buffett's, Warren Buffett's Berkshire Hathaway, Berkshire Hathaway, Buffett, Carl Icahn, Enverus, Weeks, Hess Organizations: Midland Basin, U.S . Energy Information Administration, U.S, Occidental Petroleum, Occidental, Endeavor Resources, Houston, Lime Rock Partners, Warren Buffett's Berkshire, Anadarko Petroleum, Exxon Mobil, Natural Resources, Chevron, Pioneer, Texas Intermediate, CNBC, Energy Information Administration Locations: Occidental, Midland, Texas, U.S, Warren, Berkshire, CrownRock
Occidental Petroleum Chief Executive Vicki Hollub cut jobs and slashed spending after the company’s last major purchase in 2019. Photo: Nick Oxford/Bloomberg NewsOccidental Petroleum is in talks to buy CrownRock, a major energy producer in the west Texas area of the Permian basin, continuing a frenzy of deal making in the oil patch. A deal for the closely held company, which could be valued well above $10 billion including debt, could come together soon assuming the talks don’t fall apart or another suitor doesn’t prevail, according to people familiar with the matter.
Persons: Vicki Hollub, Nick Oxford, doesn’t Organizations: Occidental Petroleum, Bloomberg News Occidental Petroleum Locations: Texas
Scientists have said carbon removal is needed to keep climate goals alive. Otherwise, the enormous price tag for world-scale carbon removal would need to fall to governments if there is any chance of these projects surviving. A major concern is that DAC technology is both expensive and unproven at scale. More mature carbon capture and storage (CCS) technology, which traps emissions at a point source like a smokestack, also requires a rapid scale up to make a difference. Their money will be made instead by marketing carbon removal credits to corporations not involved in fossil fuels that wish to offset unavoidable emissions, or to governments seeking to stay on track with climate targets.
Persons: Climeworks, , Vikrum Aiyer, Sultan al, Jaber, Vicki Hollub, Mike Avery, Christoph Gebald, Richard Valdmanis, Marguerita Choy Organizations: Reuters, REUTERS, Occidental Petroleum, BlackRock, U.S ., Occidental, 28th United, OPEC, United Arab, International Energy Agency, IEA, Global CCS Institute, Stratos, DAC, Department of Energy, Thomson Locations: Tracy , California, Texas, In Louisiana, 28th United Nations, Dubai, United Arab Emirates, Louisiana, Iceland, California, U.S, UAE, Occidental
A majority, 64% say pay and benefits are critical factors in accepting a job offer, according to a 2022 Gallup poll of 13,085 U.S. employees. The job often requires a bachelor's degree, specifically focused on a field like mathematics or statistics, and experience in the role. "There might be more of a need to assess what the risk would be like, say, for tornadoes, floods, hurricanes, etc." The Labor Department's Occupational Information Network ranked 873 occupations based on stress tolerance, or whether or not the job "requires accepting criticism and dealing calmly and effectively with high-stress situations." Check out:10 low-stress jobs that pay more than $100,000 per year and how to get themThe least stressful job that pays over $100K, according to data—and how to get itHow to spot red flags of a stressful job before you even take it
Persons: Gallup, Vicki Salemi, Warren Buffett Organizations: Bureau of Labor Statistics, Actuaries, Actuarial Society, Labor, Occupational
Work can cause a great deal of stress. More than half, 57%, of workers report experiencing the impacts of work-related stress such as emotional exhaustion, low motivation and a desire to quit, according to the American Psychological Association's 2023 Work in America Survey. Whether or not a job ends up being stressful can be the result of a series of factors. A toxic boss, an overwhelming workload and a lack of flexibility can all play into your experience. "What's best for [you] might not be for someone else," says Vicki Salemi, career coach at Monster.
Persons: Vicki Salemi, Andrew McCaskill Organizations: America Survey
A job interview is a face-to-face opportunity to prove to an employer why you're the right fit for the role. And while most job candidates were composed during the interview process, she and her colleagues encountered a few whose behavior raised some eyebrows. 'It was just like, "I'll be done when I say I'm done"'A job candidate was waiting in a conference room to be let into the interview. "It was just like, 'I'll be done when I say I'm done,'" says Salemi of his attitude. Salemi can't remember if that person got the job, but his attitude certainly made the rounds in the HR department.
Persons: Vicki Salemi, Salemi, wasn't
[1/3] David Wayne DePape appears at U.S. District Court for federal charges over the attack on Paul Pelosi, husband of U.S. Speaker of the House, Nancy Pelosi, in San Francisco, California, U.S. November 15, 2022 in a courtroom sketch. REUTERS/Vicki Behringer Acquire Licensing RightsNov 16 (Reuters) - A federal court jury will resume deliberations on Thursday in the trial of a right-wing conspiracy theorist who attacked the husband of former U.S. House Speaker Nancy Pelosi with a hammer. The San Francisco jury began deliberations on Wednesday, failing to reach a verdict before the end of the day on charges of attempted kidnapping and assault of an immediate family member of a federal official. DePape told the jury he wanted to kidnap Nancy Pelosi, interrogate her, and break her kneecaps if he found her to be lying. But after breaking into the home he instead found her husband, then age 82, asleep in his bed.
Persons: David Wayne DePape, Paul Pelosi, Nancy Pelosi, Vicki Behringer, San Francisco, DePape, Jodi, QAnon, Hunter Biden, George Soros, Pelosi, Daniel Trotta, Christopher Cushing Organizations: ., San, Democrat, Thomson Locations: U.S, San Francisco , California, Washington, San Francisco, California
Determine how you'd like to receive feedback Only 15% of employees surveyed by StaffCircle say they have weekly check-ins with their manager to discuss performance. A much larger portion of workers — 76% — have feedback meetings once a month or less. What to have prepared going into feedback meetings Before you actually sit down with your boss, brainstorm specific feedback you'd like to hear. Plus, every worker is different when it comes to how and when they like to receive feedback. But when does a boss's resistance to feedback meetings become a red flag?
Persons: Z, It's, Vicki Salemi, , Salemi, Let's, you'll Organizations: CNBC Locations: StaffCircle
In a survey of 6,000 workers in Southeast Asia, only 29% indicated they never experienced a career break. "That's because if I'm perusing the resume as an employer, my initial question would be, 'I wonder what this gap represents.'" Vicki Salemi Monster career expertBut that doesn't mean that companies see the gap as a red flag, Salemi said. "You can say, 'I took a career break for personal reasons that required my attention. "Literally everybody probably either has has had to do [a career break] at some point or know someone who has."
Persons: they've, Vicki Salemi, Nicole Price, Salemi, I'm, they're, Jenn Lim, it's, Lim, Price, Nick Gausling, you've Organizations: Insight, CNBC, Employers Locations: Southeast Asia
An example of a LinkedIn's "Career Break" feature, which fills in the gaps between jobs. To date, just over 1 million LinkedIn members have added the "career break" feature to their profiles, according to the company. People also took career breaks to travel (13%), to raise children (12%), and care for others (10%), the data showed. Longer breaksTavy Cussinel took a career break from public relations for seven years, while she had three kids. Tavy CussinelMonster career specialist Vicki Salemi said employers are now more flexible about career gaps than they were in the past.
Persons: Bobbie Bain, hadn't, Bain, Jennifer Shappley, Nick Gausling, Jenn Lim, that's, Pooja Chhabria, Thomas Baiter, I'd, who's, Baiter, Cussinel, I'm, Vicki Salemi, Nicole Price, Price Organizations: American Airlines, LinkedIn, CNBC, Talent, Insight, Microsoft, Company Locations: Southeast Asia, Asia, United Kingdom, Singapore
EXCESSIVE VOLUME has been on-trend in menswear for a while, but the expansion has generally been outward, not down. Now, designers are elongating everything from knits to shirts, but the main event is sidewalk-skimming coats. Extra-long styles dominated the fall shows in January, casting heavy shadows on runways from Saint Laurent to Loewe. With fall here, I wanted to see if this elongated elegance translated to the real world. Would the coats’ hems gather grime on a subway platform or catch in a taxi’s door?
Persons: Saint Laurent, Loewe Locations: Saint
CNN —For the victims of the mass shooting Wednesday night in Lewiston, Maine, it was an ordinary night out. Even on her night off on Wednesday, Asselin was at Just-in-Time, her brother told CNN. He was one the victims lost in the shooting in Maine,” the organization wrote in a Facebook post Thursday. Arthur “Artie” StroutArthur "Artie" Strout Strout family/WBZArthur “Artie” Strout, 42, was at Schemengees during the shooting, his father, Arthur Bernard, told CNN affiliate WBZ. His death has left his family in “shock and profound grief,” his family member Cecile Francoeur Martin told CNN.
Persons: Robert Card, Michael Sauschuck, Tricia Asselin Tricia Asselin, CNN Tricia Asselin, Asselin, I’m, ” DJ Johnson, , Johnson, Stephen “ Steve ” Vozzella Stephen Vozzella, Megan Vozzella Stephen Vozzella, Vozzella, Brian L, Renfroe, , Governor Baxter, Karen Hopkins, ” Vozzella, NEDC, Steve Vozzella, he’d, Peyton Brewer, Ross Peyton Brewer, Ross, CNN Peyton Brewer, Ralph Brewer, Brewer, cornhole, Schemengees . Brewer, Ross “, Elle, Thomas “ Tommy ” Conrad Tommy Conrad, Timothy Conrad Tommy Conrad, Conrad, Michael Deslauriers, Vicki Deslauriers Roy, Michael Deslauriers II, Michael Deslauriers Sr, Deslauriers, ” Deslauriers, ” Jason Walker Jason Walker, Mike Sauschuck, Bryan MacFarlane Bryan MacFarlane, Keri Brooks Bryan MacFarlane, Keri Brooks, MacFarlane, Brooks, Arthur “ Artie ” Strout Arthur, Artie, Strout, WBZ Arthur, Artie ” Strout, Arthur Bernard, Bernard, Joseph “ Joey ” Walker Joseph Walker, CNN Leroy Walker, Joseph Walker, Walker, Joseph, ” Leroy Walker, it’s, ” Joshua Seal Lewiston, Joshua Seal, Seal, Janet Mills, Nirav Shah, Elizabeth Seal, Joshua, ” Seal’s, ” Keith Macneir Keith Macneir, Maxx Hathaway Maxx Hathaway, Kelsay Hathaway, GoFundMe Maxx Hathaway, ” Kelsay Hathaway, “ Brenda, Maxx, Brenda Hathaway, Lilian, Brenda, ” Kelsay, Courtney Hathaway, she’s, he’s, ” Courtney Hathaway, “ Maxx, Robert “ Bob ” Violette Bob Violette, Violette, CNN Bob Violette, “ Bob’s, Brandon Dubuc, ” Witnesses, Cassandra Violette, Lucille Violette Lucille Violette, Bob Violette, William “ Bill ” Young, Aaron Young, Bill Young, Aaron, Kayla Putnam, CNN Bill Young, Young, Putnam, Bill, “ He’s, ” Putnam, WCVB, “ It’s, Rob, ” Rob, Ronald “ Ron ” Morin, Ron Morin, Ron Morin Ron Morin, Cecile Francoeur Martin, Martin, Morin’s, Morin, ” William Frank Brackett William Frank Brackett, CNN’s Caroll Alvarado, Elizabeth Wolfe, Sara Smart, Afshar, Amanda Jackson, Cara Lynn Clarkson, Aya Elamroussi Organizations: CNN, Public, New, Deaf, National Association of, Carriers, U.S . Postal Service, Governor, Governor Baxter School, Deaf Cornhole, , Schemengees, WMTW, Facebook, Historical Society, of Public, WBZ, WGME, Tree Society, Maine Gov, Boston Globe, Portland Press Herald, Press Herald, WCVB, Bangor Daily News Locations: Lewiston , Maine, Lisbon Falls, United States, Uvalde , Texas, Lewiston, Maine, Schemengees, Auburn , Maine,
CNN —The ruins of an “incredibly rare” 5,000-year-old tomb have been uncovered on one of the Scottish Orkney Islands, National Museums Scotland said in a statement on Tuesday. “In the Neolithic, it would have been an incredibly impressive 15 meter diameter, enormous mound, very substantial stonework, very impressive architecture. Those cells are real feats of engineering,” Hugo Anderson-Whymark, one of the excavation’s co-directors and senior curator of prehistory (Neolithic) at National Museums Scotland, told CNN. National Museums ScotlandOnly 12 other similar tombs are known to exist in Orkney, referred to as Maes Howe-type passage graves. There’s nothing on the surface to suggest this tomb ever existed there but it would have once been an incredible monument.
Persons: ” Hugo Anderson, Whymark, Vicki Cummings, Maes Howe, James Walls Cursiter, ” Anderson, , they’ve, Organizations: CNN, National Museums Scotland, Cardiff University, Museums Scotland Locations: Scottish Orkney Islands, Holm , East Mainland, Orkney, Britain
Henry Nicholls | Afp | Getty ImagesLONDON — Swedish climate activist Greta Thunberg on Tuesday was detained by police after joining hundreds of protesters to disrupt a major energy conference in London. Thunberg was arrested outside the InterContinental London Park Lane hotel during the "Oily Money Out" protest organized by Fossil Free London and Greenpeace. Their only plan is to profit at our expense," Nuri Syed Corser, an organizer with Fossil Free London, said in a statement. Fossil Free London said 27 people have been arrested so far and protests would continue outside the conference through to Thursday. Climate activists protest outside the InterContinental London Park Lane during the "Oily Money Out" demonstration organised by Fossil Free London on the sidelines of the opening day of the Energy Intelligence Forum 2023 in London on October 17, 2023.
Persons: Greta Thunberg, Henry Nicholls, Thunberg, Nuri Syed Corser, Corser, Vicki Hollub, Amin Nasser, Wael Sawan, We've, Tengku Muhammad Taufik, I'm, Taufik Organizations: InterContinental, Fossil Free, Greenpeace, Energy Intelligence, Afp, Getty, LONDON, Lane, Government, Energy Intelligence Forum, Money, Occidental Petroleum, Shell, The Met Police, Amnesty, Petronas, CNBC, Fossil Locations: Swedish, Fossil Free London, London, Saudi Aramco, Abu Dhabi
Talk to any career expert and they'll tell you an informational interview, or an informal, professional chat with someone in your field or company, is a good idea. "It helps you build relationships," says Angelina Darrisaw, career coach and founder and CEO of C-Suite Coach. And it's entirely possible someone you chat with will keep you in mind for future job openings. When it comes time to have that informational interview, though, what do you say? Here's what Monster career coach Vicki Salemi recommends.
Persons: Angelina Darrisaw, Vicki Salemi
The FTC proposed a rule on Wednesday that would ban all hidden and misleading fees. Businesses who use hidden fees might have to give consumers refunds, per the rule. AdvertisementAdvertisementThe Biden administration has been trying to crack down on the hidden fees that pop up when you try to book a plane or a concert ticket or even just order food — and now wants to outright ban them. Those junk fees "plague" Americans across all sorts of transactions. The CFPB's Wednesday guidance clarified that provision to ensure every American knows they do not need to pay junk fees to get basic information from their bank.
Persons: , Biden, Lina Khan, Khan, that's, Vicki Morwitz, Morwitz, Rohit Chopra, Lael Brainard Organizations: FTC, Service, Federal Trade Commission, Columbia Business School, Consumer Financial, , Economic Locations: America, United States
California governor Gavin Newsom has signed into law a new bill that outlaws hidden junk fees. The Consumer Financial Protection Bureau estimates that Americans spend at least $29 billion a year on junk fees. AdvertisementAdvertisementThe nonprofit watchdog Consumer Reports estimated in 2019 — based on a survey of more than 2,000 US adults — that 85% of Americans have been charged hidden junk fees. President Joe Biden has made combating junk fees a key priority for his administration since 2022. Biden said in July that "folks are tired of being played for suckers" as he announced measures cracking down on junk fees in the rental housing market.
Persons: Gavin Newsom, , Sen, Bill Dodds, Nancy Skinner, Vicki Morwitz, Morwitz, Joe Biden, Biden Organizations: Consumer Financial, Service, NBC, SB, Consumer, Bureau, CBS, Columbia Business School Locations: California
An informational interview is an informal conversation with someone in your company, industry or even outside of your industry that gives you a chance to learn about that person's work and field. There are all sorts of reasons to book one: You'd like to learn about another branch of your company or about moving up in it. Or maybe you're considering moving to another industry altogether and want to feel it out beforehand. "You're building relationships with low stakes," says Angelina Darrisaw, career coach and founder and CEO of C-Suite Coach. says Vicki Salemi, career coach at Monster, adding, "are you looking to get your foot in the door with a specific company?
Persons: Angelina Darrisaw, there's, it's, Vicki Salemi
Oxy CEO discusses the climate crisis and the oil industry
  + stars: | 2023-10-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy transition: Biggest challenge is getting people to trust the oil industry again, says Oxy CEOVicki Hollub, Oxy CEO, discusses how the oil industry can mitigate climate change.
Persons: Vicki Hollub
Executives representing energy majors in the U.S., Europe and Asia speak during a CNBC-moderated panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates. "So, the debate has always been posed here, I'm reminded of an old saying: 'If you want to keep everyone happy, sell ice cream.' We are not in the business of ice cream — and I'm reminded, there are people who are lactose intolerant," Taufik said. "In mitigating climate change, there is also the opportunity to continue to produce oil for our energy security. Wael Sawan, chief executive officer of Shell Plc, speaks during a panel session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates.
Persons: We've, Tengku Muhammad Taufik, I'm, Taufik, Vicki Hollub, Oxy, Hollub, Patrick Pouyanne, Pouyanne, Wael Sawan Organizations: CNBC, Abu, Abu Dhabi International Petroleum Exhibition, United, United Arab Emirates, Bloomberg, Getty Images, Monday, Big Oil, Amnesty, Petronas, Shell Plc, Getty Locations: U.S, Europe, Asia, Abu Dhabi, United Arab, Paris
If you're one of the many dealing with a delay to your job offer, chances are you feel like you are facing a setback. But fear not, career experts say. Although your options on what to do are endless, here is what career experts Vicki Salemi and Gorick Ng advise you to do with your time. Look for interim — or new — workIt is crucial to keep your options open during and apply to new positions, while keeping confidentiality so as not to jeopardize your existing offer, Salemi says. Develop important, relevant skillsBoth Ng and Salemi say this gap period could also be a chance to accelerate learning through certifications, online or in-person courses and workshops, and immersion language programs.
Persons: Gorick Ng, Vicki Salemi, Ng, Salemi Organizations: Harvard Locations: Saharan Africa, American
Companies are just baking all those fees into the total price — making the hidden fees even more hidden. On the first page, you see the ticket price. I have never seen a good justification of what I'd call mandatory hidden fees. The Canadian government is also looking to pare down hidden fees. After all, Mahoney told me, "I have never seen a good justification of what I'd call mandatory hidden fees."
Persons: I'd, Neale Mahoney, Joe Biden's, Mahoney, Marcos Villaoslada, Sara Fisher Ellison, Ellison, Harold Hill, obfuscation, you've, Vicki Morwitz, Morwitz, — they've, StubHub, Laura Dooley, StubHub's, pare, Michael Negron, , they're, Joe Biden, Alex Wong, Maggie Rogers, she'd, Audrey Fix Schaefer, Juliana Kaplan Organizations: Stanford University, White, Economic Council, Europa Press, Getty, MIT, Columbia Business School, YouGov, Ticketmaster, National Economic Council, NPR, Federal Trade Commission, I.M.P, Independent, Association Locations: New York, upsell, Europe, Washington ,
The biggest red flag of a toxic workplace is actually a common leadership style: 73% of workers consider micromanagement as the No. 1 sign to watch out for, and 46% identify it as a reason they would quit, according to a new Monster poll of more than 6,000 workers. Micromanagement often stems from a boss's lack of confidence and trust in their employees, Monster career expert Vicki Salemi tells CNBC Make It. And trust issues between employees and managers "have only worsened" as remote and hybrid work have become more popular, she adds. Research suggests that managers don't always trust employees to be productive when working remotely.
Persons: Vicki Salemi Organizations: CNBC, Research
It’s not too late to apply for financial aid or appeal the financial aid amount that was given. “It doesn’t mean that we run out of funding,” said Phil Asbury, Director of Financial Aid at Northwestern. With the financial aid office, students shouldn’t brag or boast about grades. Explain what has changed in your situationAt Emory University, “students can contact the Office of Financial Aid at any point” with what’s called “a special-circumstances appeal,” said John Leach, Associate Vice Provost for Enrollment and University Financial Aid. Inform the school’s financial aid office right away and in some cases, financial aid can increase, he said.
Persons: It’s, , Phil Asbury, “ Don’t, Lissett Bohannon, “ It’s, University of Chicago’s Youssef Hasweh, Hasweh, shouldn’t, what’s, John Leach, Leach, ” Leach, FAFSA, Vicki Vollweiler, Vollweiler, Miranda McCall, Duke, ” McCall, Organizations: CNN, Columbia University, University of Wisconsin, University of Colorado, Education Data Initiative, Northwestern University, Aid, Northwestern, University of Chicago’s, Federal Student Aid, Emory University, Financial, Enrollment, University Financial, College Financial, Locations: New York City, Madison, University of Colorado Boulder, United States, Illinois
CNN —Two women held in Suffolk County jail say they had encounters with the Gilgo Beach killings suspect Rex Heuermann, describing the meetings with him as “violent” and “aggressive,” sheriff’s department spokesperson Vicki DiStefano said Thursday. The alleged encounters with the two female sex workers are believed to have happened more than a decade ago, said DiStefano, noting the women expressed concern for their safety during the time they say they were with Heuermann. The information was uncovered as part of ongoing interviews by the Suffolk County Sheriff’s Department human trafficking unit, which was created to help those incarcerated have access to services and support they need to recover. Since Heuermann’s July 13 arrest, the unit has been interviewing sex workers, as well as showing a picture of Heuermann to women, to see if they recall any interactions with him. He has pleaded not guilty in the killings of Melissa Barthelemy, Megan Waterman and Amber Lynn Costello.
Persons: Rex Heuermann, Vicki DiStefano, DiStefano, Heuermann, Melissa Barthelemy, Megan Waterman, Amber Lynn Costello, Maureen Brainard, Barnes Organizations: CNN, Suffolk County Sheriff’s Department Locations: Suffolk County, Suffolk, Nassau County, New York, New York City, Gilgo Beach, Shore
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