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Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer. OMAHA, Neb. (AP) ? Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer.
Occidental has previously been accused of inflating the role of carbon dioxide removal when it told investors that it could capture 10 gigatonnes by 2030. IPCC author Zeke Hausfather thinks ?carbon dioxide removal is an important part of getting to net zero?.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Jpmorgan Chase & Co, Capital World Investors, Barrow Hanley Mewhinney & Strauss Llc, Invesco Ltd., Price T Rowe Associates Inc /md/, Bank of New York Mellon Corp, and Wellington Management Group Llp . Occidental Petroleum Corp.
The Audit Committee of the Board of Directors of Occidental has selected KPMG LLP as independent auditor to audit the consolidated financial statements of Occidental and its subsidiaries for the year ending December 31, 2021.