Occidental Petroleum announced on October 2, 2025, that Richard A. Jackson has been promoted to Senior Vice President and Chief Operating Officer. In his new role, Jackson will oversee the company’s global oil and gas operations, low-carbon integrated technologies, as well as midstream and marketing functions, along with health, safety, and environment initiatives. He will continue to report to Vicki Hollub, President and Chief Executive Officer.
Jackson previously served as Senior Vice President and President of U.S. Onshore Resources and Carbon Management Operations since 2020. His earlier roles at Occidental include President and General Manager of the Permian Delaware Basin and EOR, Vice President of Investor Relations, Vice President of Drilling Americas, and leadership of Oxy Low Carbon Ventures.
Jack Moore, Chairman of Occidental’s Board of Directors said: “Richard is a proven leader who has demonstrated success growing Oxy’s U.S. onshore oil and gas operations and launching Oxy’s low-carbon integrated technologies to support our CO2 and power value proposition. As COO, Richard can turn his focus toward creating additional value for Oxy’s shareholders across our global operations.”
President and CEO Vicki Hollub added: “Richard is an innovative leader who is focused on getting the best out of our people and assets to deliver value every day. As we continue to transform our company while strengthening our core competencies, Richard will be able to advance our significant low-cost global resource opportunity through continued operational and technology leadership.”
“Oxy has a tremendous resource position and capability as we continue to advance our subsurface characterization and cost efficiencies for near- and long-term value. I appreciate the opportunity to continue to work with our teams to execute and deliver on these plans while we progress our advanced resource recovery and integrated technology value,” said Richard Jackson.
Jackson holds a Bachelor of Science in Petroleum Engineering from Texas A&M University. He serves on the Oil and Gas Climate Initiative’s Climate Investment Board as well as the American Petroleum Institute’s Upstream Committee.
Occidental operates primarily in the United States, Middle East, and North Africa with major production in regions such as the Permian Basin. The company also has a midstream segment focused on maximizing oil-and-gas value flow assurance through subsidiaries like Oxy Low Carbon Ventures which aims at developing technologies for emissions reduction.
For more information about Occidental Petroleum’s business segments or its approach towards carbon management visit their official website at https://www.oxy.com/.
