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Occidental Petroleum elects Eugene Batchelder as chairman

NEW YORK — Oil and gas exploration and production company Occidental Petroleum said Friday it elected former ConocoPhillips executive Eugene Batchelder as its new chairman.

The Houston-based company said former chairman Edward Djerejian, 76, retired from the board. He had been Occidental Petroleum Corp.’s chairman since 2013 and was a company director since 1996.

Batchelder, 67, worked for Phillips Petroleum from 1972 until its combination with Conoco in 2002. He retired from ConocoPhillips in 2012, about three years after he became its chief administrative officer. He has been a director of Occidental Petroleum since 2013.

In related news, Occidental suspends drilling in the Bakken.

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