Rule 424(b)(3)
                                           Registration No. 33-60492

PRICING SUPPLEMENT NO. __00045____  dated __February 3, 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 1/2% 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:___$7,500,000.00______    CUSIP No.:  67460Q BW 3__
Original Issue Price:__See Above__      Agent's Commission Percentage: _1 1/4%_
Original Issue Discount:___N/A___        Net Proceeds:  __$7,406,250.00__
Original Issue Date:___February 10, 1995___ 
Maturity Date:___February 14, 2003_____
Yield to Maturity: ____at 100% equal 8.75%; at 99 1/2% equal 8.84%_             
Earliest Redemption Date:___February 14, 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)____________________


Note:  Interest is payable February 15 and August 15 commencing 
- ----   August 15, 1995.  The Regular Record Dates will be January 31 and 
       July 31.