Posted on · Texas-based Exxon says three candidates nominated by a dissident group of shareholders had been elected to its board of directors. Preliminary tallies last week had two of the challengers winning seats.
Posted on · The oil industry has been struggling all year after prices fell well below what producers need to break even.
Posted on · "It's a common-sense move. Everyone who's done any personal investment knows you do your best to buy low and sell high," Energy Secretary Dan Brouillette said.
Posted on · The outcome of the case will be decided by New York State Supreme Court Justice Barry Ostrager.
Posted on · Oil prices have suffered due to a prolonged trade war between the U.S. and China, which has raised concerns about a global economic slowdown.
Posted on · If Anadarko does walk away from Chevron, it would have to pay a $1 billion breakup fee under its agreement.
Posted on · Houston-based Occidental said the proposed combination would bolster its position in the Permian Basin.