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Articles Written by: ANNA DRIVER
C onocoPhillips Co. COP-N , the No. 3 U.S. oil company, said Wednesday it may sell its 9 per cent stake in the Syncrude Canada Ltd. oil sands project, part of a $10-billion (U.S.) asset sale that may also include pipelines, terminals and natural gas ...
From ANNA DRIVER AND JEFFREY JONES,
Globe and Mail,
28 Oct 2009
HOUSTON (Reuters) - Federal prosecutors, who have accused Allen Stanford of a long-running $7 billion fraud, are trampling the Texas financier's constitutional rights in their fight to cut off his access to funds for a legal defense, Stanford's lawyer ...
From ANNA DRIVER,
Boston Globe,
6 Jul 2009
HOUSTON (Reuters) - Allen Stanford, who faces criminal charges related to a massive Ponzi scheme, was back in a Texas courthouse on Friday waiting to find out whether he can be released on $500,000 bail.
Federal prosecutors, who believe the billionaire ...
From ANNA DRIVER,
Boston Globe,
26 Jun 2009
HOUSTON (Reuters) - After spending a week in jail, Texas financier Allen Stanford on Thursday will face a U.S. judge who will decide whether the he must remain behind bars while he awaits trial for an alleged $7 billion swindle.
The once high-flying ...
From ANNA DRIVER,
Boston Globe,
25 Jun 2009
SAN RAMON, Calif./DALLAS (Reuters) – Chevron Corp investors rejected a call for a report on environmental laws where it operates, disappointing activists and funds worried by a $27 billion damages claim against it in Ecuador.
The closely watched ...
From BRADEN REDDALL AND ANNA DRIVER,
EcoEarth News,
27 May 2009
HOUSTON (Reuters) - Allen Stanford, who is accused of an $8 billion fraud by U.S. regulators and had been representing himself in court matters, has hired a civil attorney in Houston, a court filing showed on Tuesday.
Jacks "J.C." Nickens, from the ...
From ANNA DRIVER,
Boston Globe,
14 Apr 2009
HOUSTON (Reuters) - Clients of Stanford Group Co sued the U.S. Securities and Exchange Commission, the U.S. Marshals Service and Stanford's court-appointed receiver on Wednesday, arguing the government had no right to freeze their assets.
Allen ...
From ANNA DRIVER,
Boston Globe,
4 Mar 2009
HOUSTON (Reuters) - U.S. securities regulators on Friday accused Texas billionaire Allen Stanford, his college roommate and three of their companies of carrying out a "massive Ponzi scheme" over at least a decade and misappropriating at least $1.6 ...
From ANNA DRIVER,
Boston Globe,
27 Feb 2009
HOUSTON/ST JOHN'S, Antigua (Reuters) - Flamboyant Texas billionaire Allen Stanford and three of his companies were charged with "massive ongoing fraud" Tuesday as federal agents swooped down on his U.S. headquarters.
In a civil complaint filed in ...
From ANNA DRIVER AND SIMON EVANS,
Vancouver Sun,
17 Feb 2009
HOUSTON: Independent exploration and production companies have tantalizingly low valuations thanks to a commodity sell-off, but concerns about a supply glut of natural gas in the United States will likely limit near-term investor interest.
"I feel like ...