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Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
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Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
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Transocean said shareholders voted out Chairman Michael Talbert at the annual meeting and backed a nominee of Carl Icahn to the board.
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Hess and Elliott Management ended a long-running proxy feud, settling on a mix of new directors and putting a battle over the company's strategy behind them.
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Among the stock activity stories for Tuesday, May 14, from AP Business News:. _ Shares of Velti PLC fell after the mobile marketing company posted a smaller-than-expected quarterly loss, but issued a weak revenue prediction for the current period.
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NEW YORK-- WPX Energy Inc. shares continued to rise Tuesday, hitting their highest price in more than a year, after regulators ruled that the natural gas driller wasn't responsible for water contamination in Pennsylvania.
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May 13- Transocean Ltd said on Monday that Chairman Michael Talbert will step down later this year, in a move that comes just days before the culmination of a fight between the offshore driller and investor Carl Icahn in which Talbert was a target.
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Gas prices tend to rally into the summer driving season. Will we see that this year? Brian Stutland, Stutland Volatility Group, weighs in.
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Hess plans to split the roles of chief executive and chairman, countering efforts by an activist investor to shake up management at the oil and gas producer.
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WASHINGTON, May 7- The Obama administration's second attempt at writing regulations for hydraulic fracturing on public lands is not intended to appease either environmentalists or oil and gas drillers, Interior Secretary Sally Jewell said on Tuesday.
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The Iraqi government and Kurdistan authorities put together a deal that could see the Kurds resume oil exports to Iraq in return for a revision of the Iraqi 2013 budget.
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Hess plans to split the roles of chief executive and chairman, countering efforts by an activist investor to shake up management at the oil and gas producer.
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Chevron on Friday reported first quarter profit that beat Wall Street's expectations, yet revenue was lower as refinery output suffered.
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NatGas prices remain far from levels that would prompt exploration and production companies to shift capital back to gas from liquids.
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BP is now a markedly less "green" company than it was a few short years ago, highlighting certain business realities taking hold in the energy industry.
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Venezuela's new president will govern as he thinks Chavez would have and oil and gas investors can expect a perpetuation of the status quo.
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Price action is usually trying to tell you something. But that doesn't mean you have to listen.
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Lebanon's energy demand has jumped as hundreds of thousands of Syrian refugees have fled into Lebanon to escape the war in their country. But Lebanon may have found a fix.
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What impact will the Keystone pipeline have on Alberta's economy? NBC's Anne Thompson takes a look.
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Woodside Petroleum has shelved plans for its $40 billion Browse liquefied natural gas project in Western Australia, saying it will consider a floating LNG plant instead.
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The second-largest U.S. oil company said its output declined in the first two months of the first quarter from the previous quarter due to maintenance in the Gulf of Mexico.