Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.» Read More
Patton Boggs agreed on May 7 to pay Chevron $15 million to settle allegations that it represented a group of Ecuadorean villagers seeking to enforce a fraudulent 2011 $18 billion judgment awarded for damages to their country's rainforest.
Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.
May 20- Law firm leaders at Patton Boggs in Washington, D.C., were tallying votes on Tuesday on a proposed merger with Squire Sanders, a deal that is expected to be approved and that would provide financial relief to struggling Patton Boggs. The firm has represented Amazon.com, Facebook, Inc. and Exxon Mobil Corp., according to the center.
CHICAGO, May 19- If you care about the environment, you can emulate Stanford University's move to remove coal-producing companies from its endowment portfolio by purging fossil fuel companies from your own investments, although it will take a customized strategy.
NEW YORK, May 16- A week after concluding a controversial settlement with Chevron Corp, law and lobbying firm Patton Boggs is seeking to close the biggest law firm merger so far this year by as early as next week, according to four sources familiar with the matter.
As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.
NEW YORK, May 13- Washington law and lobbying firm Patton Boggs is defending a decision to distance itself from former Ecuadorian clients, villagers who for years have fought for the enforcement of a multibillion-dollar environmental court order against Chevron Corp..
Investors are circling in on seven big-name stocks that have been shrinking profits for six straight quarters. Some names may surprise you.
NEW YORK, May 7- In a deal that could pave the way for a major law firm merger, Washington law and lobbying firm Patton Boggs has agreed to pay $15 million to settle claims by Chevron Corp that it tried to enforce an $18 billion pollution judgment in Ecuador against the oil company it knew was obtained through fraud and corruption.
NEW YORK, May 7- Chevron Corp said on Wednesday that Washington law firm Patton Boggs has agreed to pay $15 million to settle claims it tried to enforce a multibillion-dollar Ecuador judgment against the oil company it knew was fraudulently obtained.
*Majors need project pipeline beyond 2020. *BP early mover in seeking, then retreating, from scale. LONDON, May 7- The global oil majors' crash diets may be going too far.
While the United States enjoys a surge in oil and natural gas production, Exxon Mobil and Chevron have so far missed the party.
Profits from exploration—otherwise known as "upstream" earnings—were a saving grace for Big Oil in the last quarter.
Friday's midday movers:
May 2- Sliding production and weak crude oil prices hampered Chevron Corp in the first quarter, leading the second-largest U.S. oil producer, to report a profit well below Wall Street's expectations.
U.S. stock index futures pointed to a slightly higher open on Wall Street, ahead of the government’s all-important non-farm payrolls jobs report.
Chevron, the second-largest U.S. oil producer, said on Friday its first-quarter profit fell 27 percent due to falling crude oil production and prices.
Conflict with Russia has not stopped U.S. and European energy giants from exploring investments in Ukraine's fledgling energy sector.
Exxon underscores a problem with the oil majors: they're too big to grow so they pay out large dividends.
Some of the names on the move ahead of the open.