Berkshire May Buy as Much as 50% of Occidental Stock

The transcript discusses Berkshire Hathaway's intent to increase its stake in Occidental Petroleum, with Warren Buffett already holding a 20% share. The Federal Energy Regulatory Commission has approved the potential for Berkshire to acquire up to 50% of Occidental's stock. Buffett's interest is driven by Occidental's strong low carbon strategy and the company's management. The discussion also touches on the possibility of Berkshire eventually acquiring the entire company, given its history of owning companies outright.

What are some reasons Buffett is interested in Occidental Petroleum?

What possibility does Buffett have regarding his ownership of Occidental Petroleum?