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Oxy Makes Oil Find in Oman: Occidental Petroleum Corp. has made an important oil find in northwest Oman, Oil Minister Said Shanfari announced. The U.S. oil company discovered “large quantities” of light crude in the Suneinah site, Shanfari said in a statement to the official Oman News Agency. He gave no details but said the find was “very encouraging.” Finland’s Neste Oy last year acquired a 35% stake in the Suneinah concession, when Chevron Corp. of the United States sold its Omani assets. Occidental of Oman Inc., the Omani branch of the Los Angeles-based company, first discovered oil in 1983 at Safah in western Oman close to the border with the United Arab Emirates.
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