Occidental Petroleum Corp. (Oxy) named 35-year company veteran Vicki Hollub president and COO and added her to the board of directors. Earlier this year, the board signaled that Hollub eventually would replace CEO Steve Chazen after his retirement, which is expected at next year’s shareholders’ meeting. Hollub had been senior executive vice president at Oxy and president of Oxy Oil and Gas.
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Articles from Board
Energy XXI CEO Stripped of Chairman Title Following Investigation
Gulf of Mexico independent Energy XXI Ltd. has stripped John Schiller of his title as chairman following an internal investigation that found he had borrowed from vendors and obtained a personal loan from an acquaintance who later was appointed to the board.
October 16, 2015
‘Strategic Alternatives’ Considered For Freeport-McMoRan E&P Business
Freeport-McMoRan Inc., which made a $9 billion bet only three years ago to pump up its natural gas and oil business, has split the board of directors to prepare for a public offering, spinoff or joint venture for the bleeding enterprise.
October 6, 2015
Montana Considers Establishing Drilling Setbacks
Regulators in Montana, the nation's 12th-largest oil producer, have begun a process to consider initiating the state's first drilling distancing requirements.
June 26, 2015
Shareholder Chides Penn Virginia, Calls For Strategic Review of Buyout Offers
Lone Star Value Management LLC, which owns around 2.8% of Penn Virginia Corp. (PVA), on Friday called for a strategic review to explore "all credible proposals" in light of rumors that an offer by BP plc was rejected.
June 26, 2015
Montana Considers Establishing Drilling Setbacks
Regulators in Montana, the nation’s 12th-largest oil producer, have begun a process to consider initiating the state’s first drilling distancing requirements.
June 26, 2015
Shareholder Chides Penn Virginia, Calls For Strategic Review of Buyout Offers
Lone Star Value Management LLC, which owns around 2.8% of Penn Virginia Corp. (PVA), on Friday called for a strategic review to explore “all credible proposals” in light of rumors that an offer by BP plc was rejected.
June 26, 2015
Iowa Enviro Groups Move to Block Bakken Oil Pipeline
With shades of the Keystone XL standoff coloring the upper Midwest landscape, Iowa environmental organizations, led by the state’s Sierra Club chapter, have asked state regulators to deny a permit request from the backers of the proposed 1,100-mile Dakota Access Pipeline (DAPL), which would transport Bakken crude oil to the Gulf Coast.
January 13, 2015
Papa Steps Down From EOG Board
Mark G. Papa, 67, who retired at the end of 2013 as chairman and CEO of EOG Resources Inc., has stepped down from the company’s board of directors for personal reasons.
December 18, 2014
Rex Ops Still On Hold After Pennsylvania Township Delays Zoning Decision
After a four-hour public hearing on Tuesday, a township zoning board in western Pennsylvania delayed making a decision about a contentious ordinance passed by supervisors earlier this year that allowed Rex Energy Corp. to develop five Marcellus Shale wells near a school in the area.
November 20, 2014
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