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    1. Oxy, Anadarko $38B Merger Clears Antitrust Hurdle

      Oxy, Anadarko $38B Merger Clears Antitrust Hurdle

      Occidental Petroleum’s $38 billion acquisition of rival Anadarko has moved closer to completion it has the U.S. antitrust regulators have given it an approval. A Gulf of Mexico platform / Image source: Anadarko Occidental informed on Tuesday the U.S. Federal Trade Commission had granted early termination of the waiting period under the HSR Antitrust Improvements Act of 1976, thus concluding the antitrust review of the proposed transaction in the U.S. “The termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the ...

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    2. Statoil Board Member Resigns to take Maersk CFO Role

      Statoil Board Member Resigns to take Maersk CFO Role

      Maersk Jakob Stausholm has informed Statoil that he would resign from his position as a member of the board of directors with immediate effect. Stausholm will take up a new position as of December 1 as the new chief financial officer (CFO) of Maersk Group. His appointment in Maersk comes after the group recently split the company into two separate entities: one focused on shipping and logistics, the other on oil and gas sector...

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      Mentions: Shareholders
    3. ExxonMobil Elects New Board Member

      ExxonMobil Elects New Board Member

      ngela Braly, new member of ExxonMobil's board of Directors. Image source: Brookfield US oil giant ExxonMobil has announced that Angela Braly has become the new member of its board of Directors. ExxonMobil said in a press release on Wednesday that with the election of Braly, the former chairman, president, and chief executive officer of health insurance company WellPoint – now known as Anthem, the ExxonMobil board stands at 14 directors, 12 of whom are non-employee directors....

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      Mentions: Shareholders
    1-4 of 4
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