Houston-based Occidental Petroleum Corp.’s (NYSE: OXY) board of directors took measures to stave off a hostile takeover by billionaire activist investor Carl Icahn.
The company has adopted a so-called poison pill measure, which will dilute the ownership in Oxy of any shareholder that acquires more than 15 percent of the company’s shares, according to a March 13 press release.
The move comes shortly after Icahn quadrupled his stake in the company to 10 percent after months of railing against…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
Elgin ISD’s board voted unanimously to reject a Chapter 313 application from Solar Proponent that company representatives said were a key determination in whether or
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The Mountain Valley Pipeline’s Southgate Extension, a key source for future natural gas supplies in Duke Energy Corp.’s carbon reduction proposals, has withdrawn all of
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