A Delaware judge struck down Williams Companies’ “poison pill” provision last week after the pipeline giant adopted protection efforts to guard against a possible hostile takeover while oil prices plummeted early last year. In a 90-page ruling, Vice Chancellor Kathaleen McCormick wrote Williams’ poison pill was a “disproportionate response” to…
Dan Tyson has covered the energy industry for more than a decade, focusing mainly on coal and natural gas.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.