Houston-based Occidental Petroleum Corp. (NYSE: OXY) reportedly won't be moving to the Energy Corridor after all.
According to real estate industry publication Realty News Report, CFO Cedric Burgher said the company will sell the campus it recently acquired in the Energy Corridor and retain Anadarko Petroleum Corp.'s headquarters in The Woodlands. Burgher was speaking at an energy conference in Denver, according to RNR. However, it is unclear whether he made the remarks during his keynote address at EnerCom this week or in an individual interview at the conference.
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