Compensation

Senate Panel Told Pipeline Permitting Taking Too Long

The permitting process for oil and gas pipelines is getting longer, which could harm other sectors of the economy, such as manufacturing, according to testimony before the Senate Committee on Energy and Natural Resources on Tuesday.

June 14, 2016

BP Shareholders Reject Dudley’s Pay Raise; Chairman Says, ‘We Hear You’

BP plc shareholders staged a rare protest at the usually sedate annual meeting in London Thursday, roundly rejecting a decision to increase CEO Bob Dudley’s 2015 compensation by 20%, despite massive job cuts and record losses.

April 14, 2016

BP Shareholders Reject Dudley’s Pay Raise; Chairman Says, ‘We Hear You’

BP plc shareholders staged a rare protest at the usually sedate annual meeting in London Thursday, roundly rejecting a decision to increase CEO Bob Dudley’s 2015 compensation by 20%, despite massive job cuts and record losses.

April 14, 2016

Court Again Rules in Favor of BP in Macondo Settlement

BP plc may be spared from paying hundreds of millions in compensation payments related to the 2010 Macondo well blowout in the Gulf of Mexico following an appeals court ruling late Monday.

December 3, 2013

Marcellus Lease Involving Freshwater Impoundment Upheld

Chevron U.S.A. Inc.’s lease with a Marcellus Shale landowner in Fayette County, PA, allows the producer to construct an 11-acre freshwater impoundment to assist in drilling for natural gas, the Pennsylvania Superior Court has ruled.

July 17, 2013

New York Fund Urges Chesapeake Shake-Up Following Icahn Letter

Chesapeake Energy Corp.’s shareholders gave a modest thumb’s up Tuesday to the news that Carl Icahn is now the company’s third largest shareholder, and another large shareholder group urged a board shake-up to extract value.

May 30, 2012

New York Official Floats Drilling Clean-Up Fund

Proposed legislation to require natural gas operators to pay for the costs to remediate contamination caused by drilling wells is being floated by New York State Comptroller Thomas DiNapoli.

August 12, 2011

West Virginia Continues Quest for Ethane Cracker

As West Virginia takes up the issue of Marcellus Shale regulatory reform, officials are also continuing their efforts to attract at least one thermal cracker facility to the state.

July 18, 2011

Pennsylvania Think Tank: Tax Marcellus 30-35 Cents/Mcf

A severance tax on Marcellus Shale gas production in Pennsylvania is only fair compensation for extraction of the resource, and the revenue would be a bulwark against recession, according to an analyst’s recent paper. However, a gas industry organization blasted the paper as coming from a left-leaning, union-backed source with questionable credibility.

September 3, 2010

Maritimes & Northeast Seeking Producer Compensation

Compensation from producers of C$30.4 million (US$29.2 million) is being sought for natural gas reserves and drilling disappointments offshore Nova Scotia by Maritimes & Northeast Pipeline (MNP).

August 2, 2010
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