Wednesday, October 12, 2011

Oil Shareholders Demand Fracking Disclosures

Repost from NY Times

Security Exchange Commission, Shareholders seek increased transparency

At an annual meeting, nearly a third of Exxon Mobil shareholders back a proposal requiring greater transparency by the company on the risks of hydraulic fracturing, or fracking. At Chevron’s annual meeting, 41 percent of shareholders endorse a similar proposal. [Reuters]
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