Category: Corporate governance

Nabors shareholders approve director proposal

Columnist Loren Steffy details today’s vote by Nabors Industries shareholders today in favor of a proposal that could give them more latitude in nominating candidates for the drilling contractor’s board.  More »

Judge considers delaying Chesapeake annual meeting

An attorney said a shareholders’ meeting scheduled for Friday should be put off to give Chesapeake Energy Corp. more time to provide shareholders with the information they need to determine whether the company’s board of directors has been doing its job.  More »

Chesapeake shareholders will select four new board directors

Chesapeake Energy has agreed to let its two largest investors appoint four independent board members as the natural gas company continues to face scrutiny of its corporate governance.  More »

Activists gathering at Chevron’s annual meeting

Activists held a press conference and teach-in on Tuesday in San Franciso, and plan to protest outside the gates of Chevron headquarters during Wednesday’s meeting. Some will try to enter the meeting and address shareholders directly.  More »

Chesapeake governance issues a factor for Oil India

Oil India Ltd., armed with as much as $1.3 billion cash for acquisitions, will consider Chesapeake Energy Corp.’s “corporate governance issues” before investing in the explorer’s shale assets in the U.S.  More »

Chesapeake’s employees may be hit hardest by stock’s plunge

Thousands of the embattled natural gas company’s employees have their retirement tied up in Chesapeake stock.  More »

Another concern for Chesapeake investors: what if the Thunder rolls again?

Given all the disclosures bombarding Chesapeake Energy investors in recent weeks, basketball may be the farthest thing from their minds, but the company’s liabilities extend, literally, in the arena of professional sports.  More »

Chesapeake to scrap well program that involved CEO’s loans

More disturbing disclosures may be coming from the natural gas producer as the CEO promises to reveal details of controversial loans.  More »

Dynegy disputes examiner’s conclusion of fraudulent transfer

Dynegy is both troubled and disappointed by the examiner’s report as we continue to believe our restructuring activities benefited all stakeholders and were conducted in the proper manner,” CEO Robert C. Flexon said .  More »

El Paso shareholders favor Kinder Morgan deal despite conflicts

El Paso Corp. delayed its special shareholders meeting to approve the company’s acquisition by Kinder Morgan until Friday, but the vote is already a forgone conclusion. Shareholders, it seems, are unfazed by the conflicts that a Delaware judge found in the deal.  More »

El Paso shareholders favor Kinder Morgan deal despite conflicts

El Paso Corp. delayed its special shareholders meeting to approve the company’s acquisition by Kinder Morgan until Friday, but the vote is already a forgone conclusion. Shareholders, it seems, are unfazed by the conflicts that a Delaware judge found in the deal.  More »

SEC charges ex-Noble CEO, 2 others with bribery

The SEC’s charges were the latest action in the government’s efforts to combat overseas corruption in international business  More »