Oil Co. Can Pursue $559M Occidental Award In Calif.

By Caroline Simson (August 12, 2022, 7:30 PM EDT) -- An oil company looking to enforce a $558.6 million arbitral award against an Occidental Petroleum Corp. unit has been given permission by a New York judge to hunt down its parent company's assets in California, as Occidental continues its efforts to have the award nixed over an alleged conflict of interest....

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