In conformity with the Disclosure and Transparency Rules, we hereby notify the market of the following:Mr. Kjell E Jacobsen has served notice that he would like to retire from the Board of Seadrill Limited effective from December 31, 2010. Mr. Jacobsen started to work for offshore drilling company Smedvig in 1991 and was the Company’s CEO from...
NiSource Inc. announced today the expiration and final results of the previously announced cash tender offer by its finance subsidiary, NiSource Finance Corp., to purchase up to $325 million aggregate principal amount of its outstanding 10.75% Notes due 2016. The tender offer expired at 11:59 p.m., New York City time, on December 29, 2010. As of the...
Yingli Green Energy Holding Company Limited , a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which markets its products under the brand “Yingli Solar,” today announced that in December 2010, it re-purchased US$171.3 million aggregate principal amount of its zero coupon...
Lead Counsel Vandim Klyuvgant for Mikhail Khodorkovsky: Absurd Conviction to Keep Khodorkovsky in Jail Despite Prosecution’s Failed Case. Verdict Destroys Hopes for the Rule of Law, Independent Courts, Protection of Property Rights and Government Anti-Corruption Drive in Russia. Defense Slams “Charade of Justice” Today a Moscow court found Mikhail...
Enhanced Oil Resources Inc. today announced that two of its wholly-owned U.S. subsidiaries have executed a reducing revolving Credit Facility with Regions Bank, Houston, Texas providing for up to US $25,000,000 in development financing for its oil and gas properties located in New Mexico. The new Credit Facility provides an initial borrowing base of...
Mexivada Mining Corp. (MNV.TSX-V) is pleased to announce the signing of an option to purchase 70% of the Poker Flats property, and makes the following announcement: Mexivada has entered into an Agreement with Spartan Gold Ltd (OTCBB:SPAG.ob – News), a U.S. based junior gold exploration company and with Sphere Resources Inc. (“Sphere”)...
Contango ORE, Inc. (CORE) announced that its stock is now trading on the OTCBB under the symbol CTGO. CORE has been formed to explore for gold and rare earth elements in the State of Alaska. One share of CORE has been distributed for each ten shares of stock of Contango Oil & Gas Company (Contango). No fractional shares were issued, but a cash payment...
PPL Corporation announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011. Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial...
PBF Energy Company LLC today announced that its subsidiary, PBF Holding Company LLC, has completed its purchase of the Paulsboro Refining Company in Paulsboro, New Jersey from Valero Energy Corporation. The acquired assets include an 180,000 barrel per day refinery, and an associated natural gas pipeline. The purchase price is $340 million, subject...
Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, today announced that it will build a $127 million power plant in West Kingston, Jamaica. The thermal power plant, which will initially run on oil but can also be fitted to run on natural gas,...