Monday, August 10, 2026

SEC Insider Trading Case v. Denver Oilman Ends in Mistrial

From the Denver Post Federal securities officials’ five-year pursuit against former oilman Roger Parker on civil charges that he tipped his buddies about billionaire Kirk Kerkorian’s massive investment in his company ended in a hung jury after a week of deliberations. The eight-woman, five-man panel told U.S. District Judge John Kane that it was hopelessly deadlocked and unlikely to produce a verdict

Shell will Focus on Basra Gas in Iraq after Majnoon Exit

From Reuters LONDON (Reuters) – Oil major Royal Dutch/Shell said on Wednesday it would focus its efforts on the development and growth of the Basra Gas Company in Iraq after handing over operations of the Majnoon oil venture back to the Iraqi government. On Tuesday, Reuters reported that Shell Iraq has started preparations to finalize the exit of Shell from

Arabian View: When Will Oil Markets Rebalance?

From Arab News When will the oil market rebalance? The answer to this question much depends on when the current production-cuts agreement between the Organization of the Petroleum Exporting Countries (OPEC) and other producers from outside the group finally ends. Two ministers have given two different views on the rebalancing, illustrating the wide range of opinions in the market. The

Disaster Prepared: Raymond James Moved Staff, Ops Out of South Florida Ahead of Irma

Company arranged a chartered flight departing for Memphis; some staff went to facilities in other parts of the U.S. Raymond James on Sept. 8 shifted critical business operations from its St. Petersburg, Florida, base to other facilities nationwide due to the threat of Hurricane Irma. Personnel are being moved to Memphis, Tennessee; Detroit and Denver, where the company has facilities. “We