Rambunctious

Chevron Shareholders Vote Down Hydrofracking Resolution

Chevron Corp. CEO John Watson on Wednesday found himself face to face with some rambunctious activists who came to the annual shareholder meeting in San Ramon, CA, to voice their opposition to the oil major’s global drilling practices. In the end, however, the company’s majority shareholders won the day, turning back resolutions that included calling for more disclosure about hydraulic fracturing (hydrofracking).

May 27, 2011