Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Netherlands-based SBM Offshore included a $240 million provision in its financial statement for the first half of the year in anticipation of a potential settlement for improper sales practices.
SBM provides floating production systems for the oil and gas industry and related services.… Continue Reading
Image courtesy of Cobalt International EnergyCobalt International Energy Inc. said Tuesday it received a “Wells Notice” in connection with the SEC’s investigation of its operations in Angola and potential liabilities under the Foreign Corrupt Practices Act.… Continue Reading
The SEC last week charged two officers of a now bankrupt computer equipment company with misrepresenting the state of its internal controls over financial reporting.
The CEO of Florida-based QSGI Inc.,… Continue Reading
Two years after state and federal authorities punished British bank Standard Chartered for doing business with sanctioned countries like Iran, it has once again become the subject of an investigation for failing to weed out other risky transactions.… Continue Reading
The Securities and Exchange Commission this week charged a Houston-based oil-and-gas firm and its CEO for making fraudulent claims about the company’s oil reserves.
A report in Petro Global News said Houston American Energy Corp.… Continue Reading
Bernie Ecclestone, courtesy of SKY 1 via YouTubeFormula One chief Bernie Ecclestone avoided possible conviction on bribery charges after agreeing to pay $100 million in a Munich court Tuesday.
The German court ruled that it would accept an offer from Ecclestone to bring an end to the prosecution and the three-month trial, the AP said.… Continue Reading
