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November 19, 2019

ExxonMobil Reduces oil and gas 360

Exxon says N.Y. used fraud claims to score political points

November 19, 2019

Houston Chronicle You’d expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon Mobil Corp. Source: Houston Chronicle The energy giant unleashed a torrent of criticism against New York Attorney General Letitia James in court filings Monday, more than a week after the state sought to

Encana shareholder to vote against proposal to exit Canada- oil and gas 360

Encana shareholder to vote against proposal to exit Canada

November 19, 2019

Reuters Encana Corp shareholder Letko, Brosseau & Associates Inc said on Tuesday it will vote against the oil and gas company’s proposed exit from Canada to the United States. The investment firm, which owns a nearly 4% stake in Encana, said the move will cause significant losses for Canadian investors. Encana was not immediately available for a comment. Last month,

Venezuela opposition cuts deal to delay possible Citgo seizure- oil and gas 360

Venezuela opposition cuts deal to delay possible Citgo seizure

November 19, 2019

Reuters Venezuela’s opposition has reached a deal with the custodians of a bond issued by state oil company PDVSA to prevent bondholders from seizing U.S. refining subsidiary Citgo, the bond’s collateral, until May, according to court filings and a source. The opposition-appointed PDVSA board, which is recognized in the United States as the company’s rightful representation, last month sued in

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