Guy Cantwell News
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Transocean Ltd., the largest offshore oil rig contractor, said Chairman Michael Talbert will step down as the company tries to fend off billionaire investor Carl Icahn’s board nominees.
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Transocean Ltd., the offshore oil driller under pressure from billionaire Carl Icahn to boost its dividend, would be better off using some of its extra cash on acquisitions to shore up lagging growth.
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Kosmos Energy Ltd. said damage to Transocean Ltd.’s Marianas rig may delay drilling of a well off Ghana’s coast.
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Massey Energy Co., dealing with the death of 29 miners at one of its West Virginia coal mines, is being investigated by the FBI for possible bribery of state and federal inspectors, a person familiar with the probe said.
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Transocean Ltd. has returned staff to a drilling rig in Brazil that was evacuated after it started taking on water and listed in Guanabara Bay in Rio de Janeiro.
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U.S. Attorney General Eric Holder should investigate Transocean Ltd. ’s proposed $1 billion dividend to shareholders, 18 Democratic senators said in a letter.
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Banks agreed to pay about $15.5 billion to settle claims by about 720,000 investors outside the U.S. who lost money in Bernard Madoff’s fraud, said the chairman of a group of law firms representing victims.
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Transocean Ltd., the world’s largest offshore rig contractor, won an appeals court ruling that reinstates a $15 million jury verdict against shipping company A.P. Moeller Maersk A/S over a way to drill wells.
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Transocean Ltd., the world’s largest offshore drilling company, continues operating in Brazil and is evaluating a court order issued yesterday to suspend operations within 30 days while two oil spills are investigated.
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Transocean Ltd. , the owner and operator of the oil rig leased to BP Plc that exploded last month and killed 11 workers, asked a U.S. judge to limit its liability to $26.7 million.
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