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Business & Finance, Business developments & projects, Human Capital, Outlook & strategy, Transition
Several clean energy executives have left from oil major Shell over a disagreement on how far and fast the company should move towards greener energy.
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Capital Ship Management Corp. plans to pursue sanctions against AISSOT and its relevant executives.
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San Diego-based energy company and LNG operator Sempra Energy has made two new executive appointments.
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K Line reduces the pay of its executives from April 2019 by 10 pct.
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Former executives of now-defunct oil company Afren were found guilty of fraud and money laundering offenses from which they personally received more than $17m and laundered $45m
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South Korean shipbuilder Hyundai Heavy Industries has reportedly decided to cut about a third of its executives in the offshore and engineering division.
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Hyundai Heavy Industries has cut a third of the executive workforce in its offshore and engineering division.
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Singapore has arrested several former executives of Keppel Corp due to involvement in bribery case.
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The US Department of Justice unveiled that three further executives have been charged in an ocean shipping investigation on price fixing, bringing the total to eleven executives and four companies. According to an indictment of the three shipping executives, which was unsealed in US District Court in Baltimore on June 27, Anders Boman, Arild Iversen, and Kai […]
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Top executives from Singapore’s energy services provider KS Energy have been questioned by a police department which deals with false trading and market rigging transactions. In a statement on Saturday, April 8 the company’s board informed that its Executive Chairman and Chief Executive Officer of the company, Kris Taenar Wiluan and Executive Director, Richard James Wiluan […]
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APM Terminals and Bollore Transport & Logistics executives, the sponsors of the Tema Port Expansion Project, have toured the existing Meridian Port Services Terminal (MPS) inside Tema Port and the adjacent port expansion project site, Ghana News Agency (GNA) just announced. On the tour of the port expansion works, the team expressed satisfaction with the […]
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The U.S. Department of Justice has indicted three more former ocean freight executives for participating in a long-running price-fixing conspiracy. Yoshiyuki Aoki, formerly of Kawasaki Kisen Kaisha (K-Line), and Masahiro Kato and Shunichi Kusunose, formerly of Nippon Yusen Kabushiki Kaisha (NYK), have been charged with allocating customers and routes, rigging bids and fixing prices for the […]
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The U.S. Department of Justice has indicted three more former ocean freight executives for participating in a long-running price-fixing conspiracy. Yoshiyuki Aoki, formerly of Kawasaki Kisen Kaisha (K-Line), and Masahiro Kato and Shunichi Kusunose, formerly of Nippon Yusen Kabushiki Kaisha (NYK), have been charged with allocating customers and routes, rigging bids and fixing prices for the […]
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South African national oil company PetroSA has reportedly suspended three of their top executives, including the Chief Executive Officer (CEO), due to poor performance. Business Day (BD), a national daily newspaper in South Africa, has reported that PetroSA’s Board gave CEO Nosizwe Nokwe-Macamo, CFO Lindiwe Mthimunye-Bakoro and acting vice-president of upstream operations Andrew Dippenaar, 24 hours to […]
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The Board of Directors of GDF Suez elected Isabelle Kocher as a Director and Board Member and appointed her as Deputy CEO of the company, replacing Jean-François Cirelli. Gérard Mestrallet, Chairman and Chief Executive Officer of GDF Suez, also appointed Isabelle Kocher as Chief Operating Officer. The five business line Executive Vice Presidents will report […]
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PNG’s Prime Minister Peter O’Neill has welcomed the commitment of Total of France to advance the Elk-Antelope liquefied natural gas project in Papua New Guinea. The Prime Minister received an update on the company’s national engagement from Total Executives, which included Total’s Vice-President Arnaud Breavillac, during their visit to Papua New Guinea, according to a statement by Prime […]
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Houston-based LNG player Cheniere Energy filed a report with the U.S. Securities and Exchange commission stating that the company’s shareholders voiced their opposition against the company’s 2013 executive compensation plan. Cheniere Energy’s CEO Sharif Souki, one of the executive members named in the filing, is the highest paid executive in the U.S. The company said that […]
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CEO and Chairman of SCT&E LNG, Greg Michaels, attended a private roundtable session in Houston, Texas, centered on the State of Louisiana’s energy projects. The Louisiana Capital Projects Roundtable event was hosted by Environmental Resources Management (ERM) and the panel featured Louisiana Lieutenant Governor, Jay Dardenne. During the roundtable session with high level stakeholders in […]
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Siemens Wind Power has been shaken up by two senior executives’ resignations. Chief executive for onshore wind, Jan Kjaersgaard, is leaving Siemens to take the CEO position with an undisclosed Danish company. Henrik Stiesdal, chief technology officer, will also leave the company “to devote most of his time to family and private life.“ Morten Rasmussen, […]
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Business & Finance, Research & Development
The magnitude of the Libra area was the main highlight of Wednesday, May 7 at Brattec Offshore 2014, an event organized by the Brazil-Texas Chamber of Commerce. Petrobras’ executive manager for Libra, Anelise Lara, talked about the reservoir’s characteristics and the area’s development prospects. Paulo Alonso, local content advisor to Petrobras’ CEO and executive coordinator […]
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LNG Limited of Australia has appointed John G. Baguley as Chief Operating Officer and Rick R. Cape as Chief Commercial Officer for the company’s wholly owned subsidiary Magnolia LNG, which is developing a four‐train, 8 mtpa LNG export facility in Lake Charles, Louisiana. John G. Baguley has over 30 years’ experience with the global engineering, procurement […]
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On Friday 1 November, senior executives from the petroleum industry from Norway and abroad are meeting for a conference at the Petroleum Safety Authority Norway (PSA) on risk management and safe petroleum activities in the High North. The aim of the Arctic Safety – managing risk in the High North conference is to establish an […]
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Germany has put forward plans to scale back support for Offshore Wind which includes a reduction to the current feed-in tariff [FIT]. Under the current regulations, the FIT will allow 19 cents/kWh to be grant for the first eight years of operation of an offshore wind farm which is fully grid connected by 2017 according […]
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Germany has put forward plans to scale back support for Offshore Wind which includes a reduction to the current feed-in tariff [FIT]. Under the current regulations, the FIT will allow 19 cents/kWh to be grant for the first eight years of operation of an offshore wind farm which is fully grid connected by 2017 according […]
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Now in its 16th year, Insight to MENA at OTC, the welcome reception that kicks off the largest energy conference in the world, has become known as fertile ground for fostering relationships and facilitating international deals between companies across the globe. The event, scheduled for May 6th in Texas, USA, welcomes over 1000 energy executives […]
