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Oil companies played hardball in bid to defeat climate outsiders

2015-06-29 07:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Petty legal filings. Diversionary ballot measures. Counting abstentions as no votes. These are just some of the tactics U.S. oil companies used this spring to quash efforts by investors to win the right to nominate climate experts for board seats. Led by New York City Comptroller Scott Stringer and proposed at 75 U.S. companies in various industries this year, the so-called proxy access measure would give investor groups who own 3 percent of a company for more than three years the right to nominate...

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Research: oil and gas companies must adapt

2015-06-17 11:40:32| Oil & Gas - Topix.net

Oil and gas companies must learn lessons from other industries that have survived severe economic downturns in order to thrive in the long-term, according to new research. Oil and gas companies must learn lessons from other industries that have survived severe economic downturns in order to thrive in the long-term, according to new research.

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