Activists to stage protest for SEC energy rules
Human-rights and anti-poverty activists plan to urge regulators to finalize long-delayed rules requiring certain publicly listed oil, gas and mining companies to disclose payments to host governments. More »
Exxon Mobil must allow vote on fracturing disclosure
The Securities and Exchange Commission has turned down a request from Exxon Mobil Corp. to omit a resolution on hydraulic fracturing disclosures from its proxy statement, opening the door for a vote on the proposal at the company’s annual shareholder meeting May 30. “We are unable to concur in your view that Exxon Mobil may [...] More »
Clinton predicts “profound effect” from SEC disclosure rules
Secretary of State Hillary Rodham Clinton predicted Thursday that pending rules to require oil, gas and mining companies to disclose payments o host governments would have a “profound effect” on curbing corruption and boosting transparency in foreign nations
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GOP senators want exemptions for oil, mining payments
Two Republican senators including Texas Sen. John Cornyn urged the Securities and Exchange Commission to add exemptions to proposed disclosure requirements for oil, gas and mining companies’ payments to host nations, saying the rules would harm U.S. industry. More »
Clinton wants tough SEC oil, gas disclosure rules
Secretary of State Hillary Clinton on Tuesday called on the Securities and Exchange Commission to “go as far as possible” with rules requiring certain oil, gas and mining companies to disclose their payments to host nations. More »
Bill Gates presses SEC to issue strict oil, mining disclosure rules
Microsoft founder Bill Gates has come to the defense of proposed rules that would require certain oil, gas and mining companies to disclose what they pay to nations whose resources they develop, in the face of strong lobbying against the rules from the oil-and-gas industry. More »
Shareholders want more risk transparency disclosures for hydraulic fracturing
Two shareholder activist groups has filed a list of several environmental transparency disclosures on hydraulic fracturing that they want to see included in energy companies’ proxy statements. More »
SEC requiring coal firms to report safety problems
A lawyer suing the former Massey Energy Co. says investors might have made better decisions about putting money into the coal company had it been required to report safety violations to the U.S. Securities and Exchange Commission before last year’s Upper Big Branch mine disaster that killed 29 miners. More »
Nabors’ high-flying executive perks draw SEC inquiry
Even as shareholders and corporate governance experts are decrying Nabors Industries’ $100 million severance for former chief executive Eugene Isenberg, the company history of lavish executive perks are drawing the attention of regulators. Nabors, it seems, may have a private jet problem. In a filing with the Securities and Exchange Commission Wednesday, the oil drilling [...] More »
SEC lowers the bar for telling investors of cyber threats
There used to be a lot of gray area surrounding just how much companies needed to tell their investors about threats from cyber attack. A new interpretation of the existing rules lowers the bar threshold for what needs to be reported significantly. More »
Another shale subpoena: Quicksilver says SEC requests information
The Securities and Exchange Commission is asking companies to share more information about their natural gas reserves accounting. The latest firm to say they’ve received a subpoena: Quicksilver Resources. More »
EXCO subpoenaed by SEC over shale accounting
Dallas-based EXCO Resources says the SEC has asked it for information on both the projected and actual production from its natural gas shale wells. More »
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