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 »
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.
ruck drivers hauling water and sand to U.S. oil and natural gas shale wells can’t extend their daily on-duty hours by using an exemption targeted for special oil- field service equipment, the government said. More »
The small gains over the past two days came after the price fell more than 8 percent last week as gloomy economic data from the U.S., China and Europe raised questions about the strength of demand for oil and other energy-related products. More »
Climate change could hinder the efficiency of nuclear and coal-fired power plants in the future and could mean higher costs and a less reliable power grid, according to an article published in Nature Climate Change. More »
Exxon Mobil Corp. (XOM), the world’s biggest energy company, and Royal Dutch Shell Plc (RDSA) said a U.S.- led transformation of the natural-gas market will boost the global economy even as oil becomes more expensive. More »
Chesapeake Energy Corp. (CHK), which is looking for assets to sell to cut debt and close a funding gap, may want to hold onto its cash-generating pipeline unit, Chesapeake Midstream Partners LP. (CHKM) More »
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