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Engine No. 1 Extends Gains with a Third Seat on Exxon Board

2021-06-03 11:24:44| OGI

Exxon Mobil Corp. shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company's board, the company said on June 2, extending the firm's upset victory at one of America's most iconic corporations.

Tags: on board engine seat

 

Equinor and Exxon to Develop $8 Billion Brazilian Oil Field

2021-06-01 11:44:59| OGI

Equinor, Exxon Mobil and Petrogal Brasil said on June 1 they would proceed with an $8 billion development of Brazil's Bacalhau oil discovery lcoated in the pre-salt Santos area.

Tags: field develop oil billion

 
 

Exxon Mobil Loses Board Seats to Tiny Hedge Fund

2021-05-26 21:00:00| OGI

Two of Engine No. 1s board nominees, Gregory Goff and Kaisa Hietala, were elected to Exxon Mobils board, with counting continuing.

Tags: board mobil fund tiny

 

Exxon Mobil Vows to Add New Directors amid Bitter Proxy Fight

2021-05-24 22:05:00| OGI

The companys suggested board expansion appeared to be a last-minute move to sway top Exxon Mobil investors Vanguard, State Street and BlackRock, says senior director at a climate advocacy group.

Tags: add fight mobil directors

 

Exxon, Chevron Question Australias Industry-wide Levy to Clean Up Offshore Field

2021-05-20 15:16:03| OGI

The government decided to impose the levy as it did not want taxpayers to cover the cost after the owner, Northern Oil & Gas Australia, went into liquidation.

Tags: question field clean offshore

 

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