Exxon scrambles to prevent dissident board takeover as fight nears apex
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.
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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.
Tiny activist fund challenging US supermajor's board
A tiny hedge fund won a seismic victory over Exxon Mobil Corp on Wednesday as shareholders elected two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's business strategy and growth plans.
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