FOX BIZ NEWS: Shell takes $22B write-down, expecting lower oil and gas prices
Shell takes $22B write-down, expecting lower oil and gas prices
The Anglo-Dutch energy giant’s action follows a similarly large write-down by BP
FOX BIZ NEWS: Exxon loses board seats to activist hedge fund in landmark climate vote
Exxon loses board seats to activist hedge fund in landmark climate vote A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund's nominated directors to the oil giant's board after a months-long battle over the company's carbon footprint and growth plans.
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