Chevron’s Doubled Profit Caps Oil Industry’s ‘Vampire Attack on Economy’ Current Oil Price Breather Is Right Time for Action to Prevent Next Speculative Bubble, Says Group October 31, 2008 Santa Monica, CA — The…
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Archive | Tag: shareholder-accountability
Press Release
Exxon, Shell Post Record Profits
Exxon, Shell Profit Records Cap an Orgy That Weakened U.S., World Economies, Says Group ‘Consumers Now Know Where Their Money Went’; Congress, White House Must Prevent a Repeat of Costly Energy Bubble CONTACT: Judy Dugan,…
Press Release
BP’s 3rd Qtr Profit $10+ Billion
BP’s Outlandish Profits Have Inflicted Serious Damage on Consumers and Whole Economies, Says Watchdog BP Profit, Including Inventory, More Than Doubles from Year Ago to Over $10 Billion on Spiking Oil Prices CONTACT: Judy Dugan,…
Blog Post
Who does Paulson represent?
9-25-08 by dugan Henry Paulson seems to have persuaded Congress that his Wall Street bailout is purely in service of the nation, but a land-conservation deal made by Paulson in 2004, when he was both…
Press Release
Chevron: Drill Less, Profit More
NEWS RELEASE: Chevron Profits: Drill Less, Profit More Chevron Data Shows Industry Lag in Producing New Oil from U.S. Source — Lower Production Shows Failure of Investment, Not Lack of Oil, Says Watchdog Santa…
Press Release
BP Posts Record 2nd Qtr Profits
NEWS RELEASE: BP Profits: ‘Congratulations Are Not In Order,’ Says Consumer Watchdog New Quarterly Records Show Oil Companies ‘Spiting the Future For the Sake of Cash in Hand’ CONTACT: Judy Dugan, 310-392-0522 ext. 305, or…
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Exxon’s Not-Such-a-Victory
5-28-08 by dugan Today’s large-shareholder revolt against Exxon’s management got just under 40% of shareholder votes today about what it got at last year’s annual meeting. Exxon viewed it as a victory, but…
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Brits’ Cold Shoulder to Exxon
8-19-08 by dugan The shareholder revolt against Exxon is going global. Four big institutional investors in Britain have joined a shareholder resolution demanding that Exxon have an independent chairman of the board, and the new…
Blog Post
Climate Heat on Exxon
5-13-08 by dugan Oh, man, I wish I had a share of Exxon. The shareholder meeting May 30 is going to be a show. A group of big institutional investors, mostly public pension funds, has…
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Rockefellers: Change Exxon
04-30-08 by simpson What’s known as America’s First Family of Oil, the Rockefellers, wants Exxon Mobil, the oil giant descended from John D. Rockefeller’s Standard Oil, to change it is ways. They’re worried the company…
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Other Side of Exxon’s Mouth
3-07-08 by dugan The next time you pump $70 worth of $3.50 a gallon gasoline into your tank, munch on this thought: When ExxonMobil defends its $41 billion yearly profit profit to us angry…
Blog Post
Pumping Up The Dow
2-11-08 by Court Looks like the Dow Jones is looking for some speculative boost to the topsy-turvy, overall-sagging fortunes of Wall Street. Altria (aka Phillip Morris) and Honeywell are off of the Dow Jones Industrial…
Press Release
Chevron & Exxon’s Record Profits
NEWS RELEASE February 1, 2008 CONTACT: Judy Dugan, (310) 392-0522, ext. 305, cell: 213 280-0175; or Jamie Court, ext. 327, cell: 310 874-9989; or Tim Hamilton, (360) 495-4941 Chevron, Exxon Record Profits Reaped At Cost…