Ray Irani Out as Chairman of Occidental Petroleum by The Associated Press May 6th 2013 10:00AM The chairman of Occidental Petroleum Corp. who drew criticism over his compensation as CEO, is out. Ray R. Irani will step down and be replaced by a former diplomat.
Ray Irani, Billion-Dollar Oil Executive, Ousted by DailyFinance Staff May 6th 2013 9:00AM Ray Irani, 78 year-old chairman of Occidental Petroleum, sparked shareholder ire because he tried to oust the man who replaced him as CEO. Irani was forced to exit instead.
Chevron's Quarterly Profit Falls on Lower Oil Prices by The Associated Press Apr 26th 2013 9:15AM Chevron says its quarterly profit fell 5 percent in the first quarter as oil prices slipped.
Exxon's Quarterly Profit Edges Up as Energy Production Slumps by Reuters Apr 25th 2013 8:40AM Exxon Mobil's quarterly profit edged up, as the world's largest publicly traded oil company's results were helped by higher earnings in its chemicals business.
Big Business Is Finally Waking Up to Global Warming by Alyce Lomax Apr 24th 2013 5:00AM 2012 was the second most extreme weather year in U.S. history, and the corporate world is at last starting to realize that climate change could cost it a fortune.
Drop in Gas Prices A Boon for Drivers and the Economy by The Associated Press Apr 22nd 2013 3:40PM A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive.
Halliburton Posts Q1 Loss Related to Gulf Oil Spill by The Associated Press Apr 22nd 2013 8:10AM Oil-services company Halliburton says it lost $18 million in the first quarter on litigation-related charges related to the 2010 Gulf of Mexico oil spill.
