Though it’s likely that the first corporate fraud occurred shortly after the formation of the first corporation, the subject of fraud has entered the public consciousness only occasionally.
John S. Herold Inc., the trusted independent research firm, has once again provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies.
After years of underinvestment in exploration and production the decline of Cantarell, the world’s second-largest oil field, is creating an urgent need for PEMEX to gain access the financial and technological means that will safeguard Mexico’s future oil production capability.
Twenty years ago when the company that was to become Weatherford International opened for business as Energy Ventures, it had two employees and no net income.
The management of Crosstex Energy, a midstream energy company, has leveraged the master limited partnership business structure to establish two publicly traded entities.
Roughnecks from Chesapeake Energy Corp. lowered a massive gold drill bit into the ground and began drilling for natural gas at Dallas/Fort Worth (DFW) International Airport, starting a new era for both the airport and the energy company.
One of the newest entrants to the Houston energy scene is CIT Energy, a business unit of CIT Group Inc., an established provider of commercial and consumer finance solutions based in New York City.
The Energy Information Administration’s recent survey of 41 independent oil and gas companies showed that earnings grew 39% in the first quarter of 2007 over earnings in the first quarter of 2006.
