EXHIBIT 12

OCCIDENTAL PETROLEUM CORPORATION AND SUBSIDIARIES

COMPUTATION OF TOTAL ENTERPRISE RATIOS OF EARNINGS TO FIXED CHARGES

(Amounts in millions, except ratios)

	Six Months Ended June 30						Year Ended December 31
		2009			2008			2008			2007			2006			2005			2004
Income from continuing operations	$	1,076		$	4,185		$	6,955		$	5,153		$	4,313		$	4,912		$	2,273
Add:
Adjusted income from equity investments(a)		(70	)		(67	)		(84	)		(28	)		(52	)		(53	)		(5	)
Provision for taxes on income (other than foreign oil and gas taxes)		216			1,298			2,213			1,577			1,545			632			891
Interest and debt expense		61			71			133			344			297			305			270
Portion of lease rentals representative of the interest factor		24			15			58			60			52			47			40
		231			1,317			2,320			1,953			1,842			931			1,196
Earnings before fixed charges	$	1,307		$	5,502		$	9,275		$	7,106		$	6,155		$	5,843		$	3,469
Fixed charges
Interest and debt expense including capitalized interest	$	109		$	95		$	201		$	403		$	352		$	331		$	285
Portion of lease rentals representative of the interest factor		24			15			58			60			52			47			40
Total fixed charges	$	133		$	110		$	259		$	463		$	404		$	378		$	325
Ratio of earnings to fixed charges		9.83			50.02			35.81			15.35			15.24			15.46			10.67

(a) Represents adjustments to arrive at distributed income from equity investees.