Strong support by descendants of John D. Rockefeller, who founded forerunner Standard Oil, failed to persuade ExxonMobil Corp. shareholders last week to vote in favor of creating an independent chairman. Shareholders also defeated measures that would have required the oil giant to set goals to reduce greenhouse gas (GHG) emissions.
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ExxonMobil Shareholders Defeat Rockefeller Initiatives
Strong support by descendants of John D. Rockefeller, who founded forerunner Standard Oil, failed to persuade ExxonMobil Corp. shareholders Wednesday to vote in favor of creating an independent chairman. Shareholders also defeated measures to require goals to be set to reduce greenhouse gas (GHG) emissions.
Municipals Attack Pipes’ Campaign to Reverse Key ROE Ruling
A municipal gas distributor group has called on FERC to disregard the “extra-record fusillade” from interstate pipelines seeking to persuade the agency to overturn a controversial decision recommending a significantly lower return on equity (ROE) for Kern River Gas Transmission, a ruling that pipes fear could signal a trend.
Municipals Attack Pipes’ Campaign to Reverse Key ROE Ruling
A municipal gas distributor group has called on FERC to disregard the “extra-record fusillade” from interstate pipelines seeking to persuade the agency to overturn a controversial decision recommending a significantly lower return on equity (ROE) for Kern River Gas Transmission, a ruling that pipes fear could point to a trend.
NJ Urges Clinton to Intercede to Delay MarketLink
New Jersey Gov. Christine Todd Whitman has asked PresidentClinton to intercede on the state’s behalf to persuade the FederalEnergy Regulatory Commission to postpone action on the hotlycontested MarketLink expansion project for at least 60 days.