First, the scientific credibility of a recent University of Texas study on fracking was questioned. Now, there are concerns centered on the special panel convened to review the study’s findings.
Houston-based ConocoPhillips, the nation’s third-largest oil company, said Thursday that it will split itself into two separate publicly traded companies and its CEO and Chairman Jim Mulva plans to retire.
Exxon Mobil rode higher oil prices to a $30 billion profit last year. But shareholders on Wednesday are likely to ask pointed questions about its push into natural gas.