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Shareholders Elect ExxonMobil Directors  Shareholders have elected eight of ExxonMobil nominees to the board of directors and two of Engine No. 1 nominees. But, vote results for five nominees were too close to call. The American oil giant however, pointed out that preliminary vote estimates were by its proxy solicitor, “We welcome all of our new directors and look forward to working with them constructively and collectively on behalf of all shareholders,” said Darren Woods, chairman and chief executive officer. “We’ve been actively engaging with shareholders and received positive fee...

The financial world appears to be reeling from the recent board of director election held by Exxon Mobil Corp. (Exxon) in which activist Hedge Fund Engine 1 (Engine 1) garnered enough...

Print this article Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue! CLIMATE STAKES OF THE INFRASTRUCTURE FIGHT: President Joe Biden will introduce a $6 trillion budget today reiterating his interest in passing large new investments in clean energy and fighting climate change. But as we somehow are upon Memorial Day, it’s getting near crunch time for the administration to turn its priorities into law through its only real vehicle...

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Source: Factset Treasury Secretary Janet Yellen said that her agency lacks sufficient resources to oversee an economic recovery that still has “a long road ahead” and called on Congress to provide her with more funds.Credit...Erin Scott for The New York Times Treasury Secretary Janet L. Yellen warned on Thursday that her agency lacked sufficient resources to oversee an economic recovery that still has “a long road ahead” and called on Congress to provide her with more funds to oversee a sprawling set of relief programs. In testimony before a House appropriations subcommittee, Ms. Yell...