Oil and natural gas company Pioneer Natural Resources has been sued for its books and records in the Delaware Court of Chancery by a pension fund alleging that the company's officers and directors breached their fiduciary duties as the company negotiated a $59.5 billion deal to be acquired by oil giant Exxon Mobil Corp.| www.law360.com
Amid a record wave of bankruptcies, the U.S. oil and gas industry is on the verge of defaulting on billions of dollars in environmental cleanup obligations. Even the largest companies in the industry appear to have few plans to properly clean up and plug oil and gas wells after the wells stop producing — despite being legally […]| DeSmog
Last year the fracking company Halcón Resources announced a new strategy that was sold as the path to profits for the previously troubled shale oil and gas firm. The company had sold its stake in the Bakken oil fields in order to double down on the Permian shale in Texas.| Powering the Planet
“No one I knew in the organization thought this was possible; the pressure to deliver on Woods’ promise to the market permeated the organization.”| Powering the Planet
Scott Sheffield is one of the most financially successful shale oil and gas CEOs in America. And while he owes this personal wealth in part to producing a lot of oil, it also has helped that he knows how to “talk his book.” Like Exxon CEO Darren Wood, who is| Powering the Planet
