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.