Rex Tillerson, chairman, president, and CEO of ExxonMobil Corp. ( Johnny Hanson / Houston Chronicle )

Exxon shareholders reject climate change resolutions at meeting

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CEO Rex Tillerson gave a stay-the-course outlook for the company, which has seen profits decline recently with lower prices for crude oil.
ExxonMobil Meeting

Big Oil investors give cold shoulder to environmental changes

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Supporters as diverse as the Sisters of St. Francis of Philadelphia and the As You Sow Foundation say that just having them on the ballot can spur important dialog that can advance their movement.
(Brett Coomer / Houston Chronicle)

Willbros Group faces investor activism, proposed board shakeup

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Houston-based Willbros opposes a proposal that is gaining momentum to require each of its directors to face annual reelection — instead of the current, staggered three-year terms — amid accusations of mismanagement and cronyism.
Brazil's President Dilma Rousseff (L) shakes hands with workers of Brazilian state-run oil giant Petrobras at Petrobras's shipyards in Rio de Janeiro, on September 11, 2013. (VANDERLEI ALMEIDA/AFP/Getty Images)

China throws multi-billion dollar lifeline to scandal-plagued Petrobras

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Deals signed during the visit of Premier Li Keqiang coincide with Brazilian President Dilma Rousseff’s efforts to kick-start an economy that is forecast to contract 1.2 percent this year, its worst performance in a quarter-century.
Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

Questions linger for ConocoPhillips on Arctic drilling program following Shell’s OK

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ConocoPhillips paid about $506 million for 98 exploration leases about 100 miles off Alaska’s north coast in 2008. In April of 2013, the company suspended its plans to drill an exploratory well in the sea, citing uncertainty in regulations.
Process Technician, Eric Gazda, walks in front of the Vinyl Acetate Unit at the Celanese Corp. plant in Pasadena. (Michael Paulsen/Houston Chronicle)

Furmanite CEO touts progress, profits after vitriolic proxy battle

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Although CEO John Milliron said he is not satisfied with the first-quarter results, he said the company performed relatively well considering the proxy battle, low oil prices, the U.S. Steel Workers strike and a March 7 fire at Furmanite’s United Kingdom operations.
Jack Moore,  CEO of Cameron International, announced that he will resign his position in Fall 2015. (Cameron)

Cameron International announces CEO succession plan

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Cameron Chairman and CEO Jack Moore, who has led the company for more than seven years, plans to retire on Oct. 5 but still remain in the chairman position.
Furmanite service technicians install a custom-engineered leak sealing enclosure to prevent their client from having to shut down a process unit. (photo: Furmanite)

Investor proxy battle comes to a head at embattled Houston company

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The on-site machining company for energy infrastructure and industrial plants saw its chairman resign and its corporate board expanded to welcome three activist investors who had accused the corporate leadership of ineptitude and cronyism.
Vicki Hollub on Tuesday was named as Occidental Petroleum CEO Stephen Chazen's replacement after he steps down later this year. (Occidental)

Houston-based Occidental names Vicki Hollub to top job

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Occidental Petroleum executive Vicki Hollub will succeed CEO Stephen Chazen when he retires no later than next year.
(AP Photo/Reed Saxon)

Occidental Petroleum elects new chairman

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Eugene Batchelder, 67, worked for Phillips Petroleum from 1972 until its combination with Conoco in 2002.