A judge found Continental Resources CEO Harold Hamm owes nearly $1 billion to his wife as a result of their lengthy divorce settlement, one of the largest in US history. Hamm, former Mitt Romney energy adviser, gets to keep his 253 million shares of Continental stock valued at $13.7 billion. He must pay his now… Keep reading →
Some of the world’s largest LNG purchasers by volume are beginning to cooperate in an effort to increase bargaining power and secure lower prices. “Korea Gas and Tokyo Gas plan to deepen a partnership they started in 1990 on exchanging information and technology to possibly include joint investments in gas developments, along with purchases of… Keep reading →
Continental Resources’ Chariman and Chief Executive Harold Hamm will not lose his controlling interest in the company as a result of divorce proceedings, according to an Oklahoma District Court judge. Continental is one of the largest oil producers operating in the Bakken Shale and Hamm’s roughly 124 million shares in the company are estimated to… Keep reading →
