Rule 424(b)(3) Registration No. 33-60492 PRICING SUPPLEMENT NO. __00039____ dated __January 13, 1995___ OCCIDENTAL PETROLEUM CORPORATION Retail Medium-Term Notes This Pricing Supplement accompanies and supplements the Prospectus, dated August 18, 1994, as supplemented by the Prospectus Supplement, dated August 18, 1994 (the "Prospectus Supplement"). The Notes offered hereby are being offered at a price to the public which will vary depending upon the aggregate principal amount of the Notes purchased in any single transaction. The price to the public for purchases of the Notes which are less than $100,000 in principal amount will be 100% of the principal amount thereof, while the price to the public for purchases of the Notes which are equal to or greater than $100,000 will be 99 3/8% of the principal amount thereof. The Notes have the following terms (as applicable): Rate: [ X ] Fixed Rate [ ] Floating Rate [ ] Zero Coupon Form: [ X ] Book-Entry [ ] Definitive Principal Amount:___$1,200,000.00______ CUSIP No.: 67460Q BQ6__ Original Issue Price:__See Above__ Agent's Commission Percentage: __1%__ Original Issue Discount:___N/A___ Net Proceeds: __$1,188,000.00__ Original Issue Date:___January 20, 1995___ Maturity Date:___January 20, 2000_____ Yield to Maturity: ____at 100% equal 8.65%; at 99 3/8% equal 8.81%____ Earliest Redemption Date:___January 20, 1997_____ Redemption Price:__100% of the principal amount____ Interest Rate Per Annum (for Fixed Rate Notes):__8.65%___________ Interest Rate Provisions (for Floating Rate Notes): Initial Interest Rate:__________% per annum Base Rate or Rates: [ ] Commercial Paper Rate [ ] CD Rate [ ] Federal Funds Rate [ ] LIBOR [ ] Reuters [ ] Telerate [ ] Prime Rate [ ] Treasury Rate Spread:___________ Spread Multiplier:__________% Index Maturity: [ ] 1 Month [ ] 3 Months [ ] 6 Months [ ] 1 Year [ ] Other (specify)______________ Maximum Interest Rate:_____% per annum Minimum Interest Rate:_____% per annum Interest Payment Dates: [ ] 15th calendar day of each month [ ] Third Wednesday of each month [ ] Third Wednesday of each March, June, September and December [ ] Third Wednesday of each__________ [ ] Other (specify)__________________ Regular Record Dates: [ ] 15th day (whether or not a Business Day) immediately preceding the related Interest Payment Date [ ] Other (specify)____________________ Interest Payment Period: [ ] Monthly [ ] Quarterly [ ] Semiannually [ ] Annually Interest Reset Period: [ ] Daily [ ] Weekly [ ] Monthly [ ] Quarterly [ ] Semiannually [ ] Annually Interest Reset Dates: [ ] As specified in Prospectus Supplement [ ] Other (specify)____________________Rule 424(b)(3) Registration No. 33-60492 PRICING SUPPLEMENT NO. __00040___ dated _January 13, 1995_____ OCCIDENTAL PETROLEUM CORPORATION Retail Medium-Term Notes This Pricing Supplement accompanies and supplements the Prospectus, dated August 18, 1994, as supplemented by the Prospectus Supplement, dated August 18, 1994 (the "Prospectus Supplement"). The Notes offered hereby are being offered at a price to the public which will vary depending upon the aggregate principal amount of the Notes purchased in any single transaction. The price to the public for purchases of the Notes which are less than $100,000 in principal amount will be 100% of the principal amount thereof, while the price to the public for purchases of the Notes which are equal to or greater than $100,000 will be 99% of the principal amount thereof. The Notes have the following terms (as applicable): Rate: [ X ] Fixed Rate [ ] Floating Rate [ ] Zero Coupon Form: [ X ] Book-Entry [ ] Definitive Principal Amount:_$3,400,000.00______ CUSIP No.: 67460Q BR4 Original Issue Price:__See Above__ Agent's Commission Percentage: __2%__ Original Issue Discount:___N/A___ Net Proceeds: __$3,332,000.00__ Original Issue Date:__January 20, 1995_______ Maturity Date:__January 20, 2003______ Yield to Maturity:____at 100% equal 8.75%; at 99% equal 8.93%___ Earliest Redemption Date:__January 20, 1998_______ Redemption Price:__100% of the principal amount___ Interest Rate Per Annum (for Fixed Rate Notes):__8.75%___________ Interest Rate Provisions (for Floating Rate Notes): Initial Interest Rate:__________% per annum Base Rate or Rates: [ ] Commercial Paper Rate [ ] CD Rate [ ] Federal Funds Rate [ ] LIBOR [ ] Reuters [ ] Telerate [ ] Prime Rate [ ] Treasury Rate Spread:___________ Spread Multiplier:__________% Index Maturity: [ ] 1 Month [ ] 3 Months [ ] 6 Months [ ] 1 Year [ ] Other (specify)______________ Maximum Interest Rate:_____% per annum Minimum Interest Rate:_____% per annum Interest Payment Dates: [ ] 15th calendar day of each month [ ] Third Wednesday of each month [ ] Third Wednesday of each March, June, September and December [ ] Third Wednesday of each__________ [ ] Other (specify)__________________ Regular Record Dates: [ ] 15th day (whether or not a Business Day) immediately preceding the related Interest Payment Date [ ] Other (specify)____________________ Interest Payment Period: [ ] Monthly [ ] Quarterly [ ] Semiannually [ ] Annually Interest Reset Period: [ ] Daily [ ] Weekly [ ] Monthly [ ] Quarterly [ ] Semiannually [ ] Annually Interest Reset Dates: [ ] As specified in Prospectus Supplement [ ] Other (specify)____________________