Texas Man Pleads Guilty to Insider Trading After Overhearing Wife’s Work Calls
Posted inBP Plc Decisions and Verdicts Houston (Tex) Insider Trading Mergers, Acquisitions and Divestitures Securities and Commodities Violations Securities and Exchange Commission Suits and Litigation (Civil) Telecommuting TravelCenters of America

Texas Man Pleads Guilty to Insider Trading After Overhearing Wife’s Work Calls

The man made $1.7 million in profits after buying and selling stocks in a company that his wife’s employer, BP, acquired, prosecutors said.
Occidental Is Latest Oil Company to Buy a Smaller Producer
Posted inCarbon Capture and Sequestration CrownQuest Operating CrownRock LP Drilling and Boring Global Warming Hollub, Vicki (1960- ) Houston (Tex) Hydraulic Fracturing Mergers, Acquisitions and Divestitures Natural Gas Occidental Petroleum Corporation Oil (Petroleum) and Gasoline Permian Basin (North America) Prices (Fares, Fees and Rates) Production Shale

Occidental Is Latest Oil Company to Buy a Smaller Producer

The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.