Chevron Corp. shareholders on May 27 voted to approve a proposal demanding that the company issue a report on its climate change related lobbying activities, a major win for activists against big oil.
Other shareholder proposals were defeated, including one calling on the U.S. oil producer to split its chairman and chief executive roles that received only around 27% votes in favor.
Rival Exxon Mobil Corp.'s shareholders on May 27 also rejected calls to split the chair and CEO roles along with all other climate-related proposals.
The partnership with Proserv Group establishes a framework for a bundled offering that will provide a compelling value proposition for Dril-Quip’s subsea customers, CEO Blake DeBerry says.
Devon Energy had been actively shopping the Permian Basin assets, and others in the Rockies, the past several months.
The Alta Mesa transaction represents the sixth acquisition by partnerships between Tom Ward-led Mach Resources and private equity firm Bayou City Energy Management.