Articles Written by:    ANNA DRIVER     

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Conoco mulls Syncrude sale

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
Related Topics: ConocoPhillips,  James Mulva,  PetroChina,  FirstEnergy,  Imperial Oil Ltd.

U.S. violating Stanford's rights in fee fight: filing

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
Related Topics: Allen Stanford,  Dick DeGuerin,  U.S. Department of Justice,  Securities and Exchange Commission

Stanford back in Texas court for bail decision

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
Related Topics: Allen Stanford,  Dick DeGuerin

Allen Stanford to seek bail in Houston on Thursday

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
Related Topics: Securities and Exchange Commission,  Allen Stanford,  U.S. Department of Justice,  Federal Bureau of Investigation,  Dick DeGuerin

Big oil meetings draw activists, some protest votes

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
Related Topics: Chevron Corporation,  ExxonMobil,  David J O'Reilly,  Rex W Tillerson

Billionaire Allen Stanford hires civil lawyer

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
Related Topics: Allen Stanford,  Dick DeGuerin

Stanford investors sue SEC, receiver over assets

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

U.S. charges Stanford with massive Ponzi scheme

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
Related Topics: Securities and Exchange Commission,  James Davis,  Allen Stanford,  Federal Bureau of Investigation,  U.S. Department of Justice

U.S. billionaire Allen Stanford charged with "massive ongoing fraud"

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
Related Topics: Bernard Madoff,  Allen Stanford,  Michael Owen,  Vijay Singh,  Sony

Oversupply of natural gas dulls luster of exploration and production companies

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 ...

From ANNA DRIVER, International Herald Tribune,  27 Aug 2008
Related Topics: XTO Energy Inc.,  Anadarko Petroleum,  Newfield Exploration

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