Occidental to book about $1.7 billion in charges in fourth quarter

(Reuters) - Occidental Corp said on Tuesday it expects to record about $1.7 billion (£1.31 billion) in impairment and other charges in the fourth quarter, related to the sale of its stake in gas pipeline operator Western Midstream Partners LP and costs from its Anadarko Petroleum purchase.The oil and gas producer said in early January that it would cut its majority stake in pipeline operator Western Midstream to less than 50% in 2020, as it seeks to reduce its debt that ballooned with the..