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Occidental Petroleum was founded in Los Angeles, CA in 1920. [5] In 1957, Armand Hammer became the company's president and CEO after acquiring a controlling stake. [ 6 ] The 1960s marked a period of expansion as Occidental established operations in Peru , Venezuela , Bolivia , Trinidad , and the United Kingdom .
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This recent acquisition was the latest in a string of multi-billion-dollar mergers among oil companies in the region.
Statistics from 2014 show West Shreveport (71103) was the poorest ZIP code in the state with a per capita income of just $22,267; Queensborough, Shreveport (71109) was the fourth-poorest with $24,966; Caddo Heights/South Highlands (71108) was the fifth-poorest with $25,334; and Rodessa (71069) was the twenty-fourth-poorest with $34,346. [23]
Oil City is located in northwestern Caddo Parish at (32.742170, -93.974376). [4] Downtown Shreveport is 21 miles (34 km) to the southeast along Louisiana Highway 1, and Vivian is 9 miles (14 km) to the north.
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Greenwood is a suburban town in southern Caddo Parish, which is located in the northwest corner of the U.S. state of Louisiana. With a population of 3,166 at the 2020 United States census , [ 3 ] it is the third most populous incorporated municipality in Caddo Parish after Shreveport and Blanchard .
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