Word: exxonmobils
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Dates: during 2000-2009
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...Predictably, government-by-lobbyist has produced some scandals. Philip Cooney, an oil lobbyist who worked in the White House, got caught editing the science out of global warming reports; he's now back at ExxonMobil. Steven Griles, an energy lobbyist who became deputy interior secretary, was a one-man extraction-industry conflict-of-interest machine at Interior; the inspector general described his tenure as an "ethical quagmire," and he's now awaiting sentencing in the Jack Abramoff lobbying scandal...
Just ask Shell or Yukos or Ukraine. Don't even mention it to ExxonMobil. When he's not skating, Medvedev is deputy chairman of Gazprom's management committee and general director of Gazpromexport, Gazprom's export arm, which accounts for 80% of the revenue of the world's second largest energy company and supplies a quarter of Europe's natural gas--and 100% of Belarus'. Medvedev's remark hit home for his fellow hockey buff and adversary--the forward who had tripped him up so uncouthly, also known as the President of Belarus, Alexander Lukashenko. On a tense New Year...
...does not come cheap. In the middle of a crisis, companies pay consultants anywhere from $50,000 and up, depending on how long and how many people are deployed. A precrisis preparation session costs at least $25,000. Still, says Dezenhall, who has represented such companies as Procter & Gamble, ExxonMobil, Eli Lilly and GE, "the amount of money spent on crisis management is a drop in the bucket compared to what you might lose." Corporations routinely analyze how political risk or interest-rate risk might affect their bottom line. Argenti says the "reputational risk" of handling a crisis poorly should...
...Houston Petroleum Club, now high atop the city's ExxonMobil building, had always been where oil executives and adventurers gathered to discuss "bidness." But these days, more and more energy executives are meeting at the Emirates Golf Club in Dubai, where Tiger Woods recently played, to discuss their deals. So, it shouldn't have been too surprising when Halliburton Chairman and CEO David Lesar announced that he was moving the headquarters of the enormous oil construction and logistics company to the business capital of the United Arab Emirates. The rest of the industry was migrating that way already...
...Improving the welfare of his people is Irwandi's top priority, of course. In theory he has the financial wherewithal to achieve this: Aceh is rich in natural resources, particularly oil and gas. So far, though, these riches have mainly profited the national treasury or the oil Goliath ExxonMobil, or simply lined the pockets of corrupt officials. Keeping Aceh's wealth in Aceh, and then directing it to where it's desperately needed-housing, infrastructure, job creation-will be Irwandi's biggest test...