The Department of Energy and Occidental Petroleum Corporation today concluded the largest divestiture of federal property in the history of the U.S. government. In a Washington, D.C., ceremony, Secretary of Energy Federico Peña and Occidental Oil & Gas Chief Executive David Hentschel signed final papers for the sale of the United States' interest in the Elk Hills Naval Petroleum Reserve to Occidental. Early today, Occidental executed a wire transfer of $3.65 billion to the U.S. Treasury. In return, the U.S. Government recorded a deed in the Kern County (CA) Courthouse, transferring title to the property which had been in government...