Second oil company CEO conspired with OPEC to keep prices high, FTC charges
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
Crude Oil Prices35m
How Sustainable Are Big Oil Dividends?
The O&G industry uses dividends and share buybacks to signal financial stability and attract investors, but faces growing ...
Baton Rouge Business Report41m
The FTC is accusing oil and gas CEOs of colluding to raise oil prices
Oil and gas CEOs are increasingly in the crosshairs of the Federal Trade Commission, The Wall Street Journal reports.  The FTC on Monday alleged Hess CEO John Hess had private talks with the ...
US FTC allows Chevron-Hess deal, bars John Hess from board
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess ...