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Latest Corporate scandals Stories

2012-08-22 06:21:23

LONDON, August 22, 2012 /PRNewswire/ -- Notification relating to a transaction notified in accordance with: DTR 3.1.4 R(1)(a) Date of Notification: 22 August 2012 Today's date: 22 August 2012 Name of Issuer: Royal Dutch Shell plc (NYSE: RDS.A)(NYSE: RDS.B) Date of transaction: 22 August 2012 Name of Directors/PDMRs: Directors/PDMRs who have interests in employee share plans (name/s listed below)...

2012-08-14 02:24:06

PASADENA, Calif., Aug. 14, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today it was awarded a five-year enterprise frame agreement (EFA) from Shell Global Solutions International B.V. ("Shell") to provide engineering and project management services (EPMS) to Shell's European downstream assets. The contract is noted to have the options to be renewed for an additional five years and/or to be extended to other Shell businesses such as upstream, and beyond Europe to...

2012-08-10 10:20:57

HUNTINGTON, W.Va., Aug. 10, 2012 /PRNewswire/ -- Energy Services of America (Amex: ESA) announced today that for the quarter ended June 30, 2012, the Company experienced a loss of ($2,007,605) compared to a loss of ($725,884) for the three months ended June 30, 2011. For the nine months ended June 30, 2012, the Company's loss totaled ($4,789,696) compared to a loss of ($4,148,936) for the nine months ended June 30, 2011. Marshall T. Reynolds, Chairman, discussed the performance for the...

2012-08-02 10:22:48

HOUSTON, Aug. 2, 2012 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) announced today that Greg D. Kerley will retire as an executive of the company and its subsidiaries effective at the end of the third quarter. In connection with Mr. Kerley's retirement, the company has promoted R. Craig Owen to Chief Financial Officer effective October 1, 2012. Mr. Kerley has served in various roles for over 22 years at Southwestern, beginning in 1990 as Controller and Chief...

2012-08-02 02:25:40

HOUSTON, Aug. 2, 2012 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today reported net income of $126 million, or $0.29 per diluted share, for the second quarter of 2012 compared to $119 million, or $0.28 per diluted share, for the same period of 2011. Operating income for the second quarter of 2012 was $302 million compared to $303 million for the same period of 2011. (Logo: http://photos.prnewswire.com/prnh/20020930/CNPLOGO ) "I am pleased with our company's operating and...

2012-08-01 02:24:04

THE WOODLANDS, Texas, Aug. 1, 2012 /PRNewswire/ -- TETRA Technologies, Inc. (TETRA or the Company) (NYSE:TTI) today announced the appointment of Elijio V. Serrano to the positions of Senior Vice President and Chief Financial Officer, effective immediately. Elijio V. Serrano served as chief financial officer of UniversalPegasus International, a global project management, engineering and construction management company, from October 2009 through July 2012. From February 2006 through February...

2012-07-30 02:29:59

VANCOUVER, British Columbia, July 30, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Citigroup (NYSE:C), Exxon Mobil (NYSE:XOM), Gilead Sciences (NASDAQ:GILD), Green Dot (NYSE:GDOT), Research In Motion (NASDAQ:RIMM), and Acme Packet (NASDAQ:APKT). (Logo: http://photos.prnewswire.com/prnh/20100419/HKM001LOGO ) (Read full report by clicking the link below, you may need to copy and paste the full link to...

2012-07-25 02:23:58

THE HAGUE, The Netherlands, July 25, 2012 /PRNewswire/ -- Shell (NYSE: RDS.A) (NYSE: RDS.B) announces today that it has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa. The two offshore oil and gas PSCs with CNOOC are...

2012-07-23 06:28:08

BRENTWOOD, Tenn., July 23, 2012 /PRNewswire/ -- Within 24 hours of a regulatory mandate to use electronic confirmation service Confirmation.com, here, PFGBest, a commodity brokerage unit of Peregrine Financial Group, Inc., was exposed as a multi-year $215 million fraud. "PFGBest is a sadly common example of how easily bank and account information can be falsified to evade detection of accounting frauds," said Brian Fox, founder and chief marketing officer of Confirmation.com. "CEO Russell...

2012-06-07 02:23:56

HOUSTON, June 7, 2012 /PRNewswire/ -- Shell and its affiliates have signed a memorandum of understanding with TravelCenters of America LLC (TA) to sell liquefied natural gas (LNG) to heavy-duty road transport customers in the US through TA's existing nationwide network of full-service fueling centers. (Photo: http://photos.prnewswire.com/prnh/20120607/DA20485) Pending final agreements, the proposed plans include constructing more than 200 LNG fuel lanes at about 100 TA sites and Petro...