Category: Corporate governance

Occidental Petroleum to split, move to Houston

Occidental Petroleum Corp. today announced its plans to move the company to Houston and spin-off another business that will be based in California.  More »

Cheniere replaces finance chief after six months

Cheniere Energy replaced its chief financial officer six months after promoting him to the position, announcing the change in a regulatory filing published late Thursday.  More »

Kay Bailey Hutchison joins board of Cobalt International Energy

ormer U.S. Sen. Kay Bailey Hutchison has been named to the board of directors of Houston-based Cobalt International Energy, the company said Monday.  More »

KBR’s CEO to retire

KBR CEO William Utt will retire next year, the company announced Monday.  More »

Judge holds Anadarko’s Kerr-McGee liable

The company may have to pay as much as $14 billion related to environmental cleanup and health claims.  More »

Spectra adds former Marathon Oil CEO to board

The new job means the former Marathon leader will sit on the boards of large energy companies in nearly every segment of the industry by the end of the year.  More »

Supreme Court to decide if Halliburton can try to block suit

The case could make it more difficult for shareholders to sue companies for alleged misrepresentations to prop up stock prices.  More »

Court considers Enron in whistle-blower case

The justices heard arguments in an appeal t by two former employees of companies that run the Fidelity family of mutual funds.  More »

President praises commodity nominee for humility, results

Barack Obama also urged Congress to properly fund the Commodity Futures Trading Commission.  More »

Transocean reaches $1.1 billion dividend accord with Icahn

Oil driller Transocean has agreed to a deal with billionaire investor Carl Icahn after a months-long proxy fight.  More »

Talisman sells assets to Petronas for $1.4 billion

Talisman Energy, the Canadian oil and natural gas producer being targeted by investor Carl Icahn, agreed to sell part of its Montney acreage to Malaysia’s Petroliam Nasional for C$1.5 billion ($1.4 billion).  More »

Exxon, BP among those urged to disclose more fracturing data

The report was released by Boston Common Asset Management LLC, Green Century Capital Management Inc., Investor Environmental Health Network and As You Sow.  More »

Oil patch activism to spur dealmaking and board shakeups

Activist investors may spur a return to dealmaking in the energy industry as shareholders seek to reap greater value from oil and natural gas reserves.  More »

Icahn reveals stake in Canada’s Talisman Energy

Talisman Energy shares soared in extended trading after activist investor Carl Icahn tweeted that he has accumulated a nearly 6 percent stake in the Canadian oil and gas company  More »

GE Oil & Gas moves HQ from Italy to England

A GE division with two business operations in Houston is moving its headquarters from Italy to the UK.  More »