Leapfrogging legacy technology is a critical theme in the rise of the developing world, and China hopes to embrace this thinking when it comes to energy production.» Read More
June 14- Chesapeake Energy Corp shareholders on Friday rejected a proposal that would have made it easier to replace the entire board of directors of the natural gas driller in one step.
June 14- Chesapeake Energy Corp shareholders on Friday rejected a proposal to declassify the embattled natural gas driller's board of directors, a step that would have made it easier to replace the entire board in one step.
*Encana shares fall 0.9 pct in down market. CALGARY/ HOUSTON, June 11- Encana Corp named former BP Plc executive Doug Suttles, who played a major role in responding to BP's disastrous 2010 Gulf oil spill, as its new chief executive on Tuesday as Canada's largest natural-gas producer searches for a new course following years of strategic missteps.
June 11- Forest Laboratories Inc said on Tuesday it will add a representative of Carl Icahn as an independent member to its board, averting a new proxy battle with the billionaire investor. The specialty drugmaker said the appointment of Vincent Intrieri, 56, would expand the board's size to eleven from ten directors.
June 11- Forest Laboratories Inc said on Tuesday it will add a representative of Carl Icahn as an independent member to its board, averting a new proxy battle with the billionaire investor. The specialty drugmaker said the appointment of Vincent Intrieri, 56, would expand the size of its board to eleven from ten directors.
TORONTO, June 11- Encana Corp, Canada's biggest natural gas producer, on Tuesday named former BP Plc executive Doug Suttles as its new president and chief executive.
The Energy Department's Energy Information Administration said Monday that shale oil and gas resources are abundant globally after assessing 137 shale formations in 41 countries outside the United States. Currently, only the United States and Canada are producing shale oil and shale gas in commercial quantities, the administration said.
HOUSTON/ NEW YORK, June 6- Devon Energy Corp's latest bid to revive interest in its stock may take a page out of the activist investors' playbook, but Wall Street continues to look elsewhere for returns in the energy patch. The Oklahoma City- based company said on Thursday it would transfer some assets into a publicly traded master limited partnership.
Some of the names on the move ahead of the open.
Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
Some of the names on the move ahead of the open.
May 20- Chesapeake Energy Corp said it hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon. Lawler, who is senior vice president of international and deep-water operations at Anadarko Petroleum, will join Chesapeake on June 17, the company said.
HOUSTON/ NEW YORK, May 20- For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry.
*Oil output from Ohio's Utica shale to be dwarfed by gas. NEW YORK, May 16- Oil output from the Utica shale in Ohio was less than expected last year, the Ohio Department of Natural Resources said on Thursday, denting the Utica's image as America's next oil-producing frontier.
*Oil output from Ohio's Utica shale to be dwarfed by gas. NEW YORK, May 16- Oil production from the Utica shale in the U.S. state of Ohio was lower in 2012 than first anticipated and in much of the play it will be dwarfed by "significant" gas output, the Ohio Department of Natural Resources said on Thursday.
The vote to split roles for JPMorgan Chase Chairman and CEO Jamie Dimon on Tuesday could be driven by big index funds, as well as by Institutional Shareholder Services
The "Fast Money" traders share their final trades of the day.
News Corp is set to report quarterly earnings, but the focus will be on the company's impending spin-off of its publishing assets as separate company. (NEWSCORP-RESULTS/, expect by 2030 GMT/ 4:30 PM ET, by Lisa Richwine, 500 words). From Europe's fringe, Romania and Bulgaria seek acceptance.
May 8- A federal judge on Wednesday ruled in favor of Chesapeake Energy Corp in a dispute with Bank of New York Mellon Corp over the natural gas company's effort to buy back $1.3 billion of notes early.
*SandRidge shares are down 20 percent this year. *SandRidge reports Q1 results May 7. While natural gas prices have risen from last year's 10- year lows, they remain depressed, adding pressure to SandRidge and peers like Chesapeake Energy Corp and Hess Corp to cut costs and improve well efficiency.