05/07/2015 19:28:59 Cookie Policy Free Membership Login

Global Power locks in new permanent CEO

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02 Jul 2015 @ 23:13

Who will be in charge? Global Power Equipment Group Inc. (NYSE:GLPW) today announced that it has entered into a new employment agreement with Terence Cryan pursuant to which he will continue to serve as the Company’s President and Chief Executive Officer, a position he first assumed on an interim basis on March 20 of this year. The new employment agreement is for a term running through June 1, 2017 and contemplates successive one year renewals thereafter. Speaking on behalf of the board of directors, Chairman Charles Macaluso said, “The entire board appreciated Terence Cryan’s willingness to assume the role of President and CEO in March of this year to meet the needs of the Company for an orderly transition at …

 

BP to Settle Federal, State and Local Deepwater Horizon claims

02 Jul 2015 @ 23:09
Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP today announced that its US Upstream subsidiary, BP Exploration and Production Inc (BPXP) has executed the agreements with the US federal government and five Gulf Coast states. The agreement with the states of Alabama...
 

Vast Resources is on-track to commence gold production Aug 2015 at Pickstone-Peerless

02 Jul 2015 @ 23:06
On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine Vast, the AIM listed resource and development company, has announced that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa 10,000oz Au expected from...
 

Plexus finalises transformational licencing agreement with $6.8Bn Chinese giant Jereh

02 Jul 2015 @ 23:02
Binding Licence and Share Subscription Agreements Signed with Major Chinese Oil Services Provider Yantai Jereh Oilfield Services Group Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, announces that it has finalised and entered into a licence agreement dated 1 July 2015 with Yantai...
 

Changes at the top for North River Resources

02 Jul 2015 @ 22:57
Changes at the top. North River, the AIM quoted resource company focused on the Namib Lead-Zinc Mine in Namibia, has announced the following changes to the Board: James Beams has been appointed to the Board as an Executive Director with immediate effect. Mr Beams joined the Company in January 2015 and will assume the role of Chief Executive Officer going forward. James is also a director of...
 

BP Settles Deepwater Horizon Spill for $18.7 Billion

02 Jul 2015 @ 16:15
The share price of BP (LSE:BP.) has gained 4.60% today on the heels of the announcement that BP has agreed to an $18.7 billion settlement with the U.S. federal government and the five affected states on the U.S. Gulf Coast (Texas, Louisiana, Mississippi, Alabama and Florida). U.S. Attorney General Loretta Lynch noted that “If approved by the court, this settlement would be the largest...
 

S&P 500 will catch up with the FTSE 100

02 Jul 2015 @ 12:42
The S&P 500 rallied on Wednesday as traders began the month of July in optimistic mood despite the debt crisis in Europe. Latest news out of Greece, indicates that any deal with eurozone finance ministers will have to wait until at least Sunday when we will learn the outcome of the latest referendum. Greeks will be asked whether or not they are willing to accept austerity proposals made my...
 

Minassian Is a Voice Crying in the Wilderness

01 Jul 2015 @ 16:23
When I logged on to my computer this morning, the first thing I wanted to see was how, if at all, the Greek debt crisis was resolving, especially considering that I proposed yesterday that I expected that, after all the posturing and political rhetoric, a deal would be struck. When I came to the ADVFN newspaper, there were, as I had expected, several  post already published, but the one that...
 

Why Was the Euro Created?

01 Jul 2015 @ 14:33
Let’s get a little conspiratorial here. Why would sovereign nations give up their currency and economic freedom when they have at times fought for thousands of years to keep their identity, economic independence and freedoms to do what they see fit and best for their country or people? The answer is, absolutely no logical reason whatsoever. They were simply tricked by their leaders to...
 

Greece will be saved…for now!

01 Jul 2015 @ 13:16
I feel we have a bit further to go with the bull market, so my guess is the Greece situation will be saved for now anyway till we have hit another high on the S&P, target 2,200. The game plan here is that Greece will go bust in the near future, so will the Euro and we will have a stock market, banking and Euro crash all at the same time… but not until we have surprised everyone by...
 

MINING, OIL AND GAS

BP to Settle Federal, State and Local Deepwater Horizon claims

02 Jul 2015 @ 23:09
Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP today announced that its US Upstream subsidiary, BP Exploration and Production Inc (BPXP) has executed the agreements with the US federal government and five Gulf Coast states. The agreement with the states of Alabama...
 

Vast Resources is on-track to commence gold production Aug 2015 at Pickstone-Peerless

02 Jul 2015 @ 23:06
On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine Vast, the AIM listed resource and development company, has announced that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa 10,000oz Au expected from...
 

Changes at the top for North River Resources

02 Jul 2015 @ 22:57
Changes at the top. North River, the AIM quoted resource company focused on the Namib Lead-Zinc Mine in Namibia, has announced the following changes to the Board: James Beams has been appointed to the Board as an Executive Director with immediate effect. Mr Beams joined the Company in January 2015 and will assume the role of Chief Executive Officer going forward. James is also a director of...
 

BP Settles Deepwater Horizon Spill for $18.7 Billion

02 Jul 2015 @ 16:15
The share price of BP (LSE:BP.) has gained 4.60% today on the heels of the announcement that BP has agreed to an $18.7 billion settlement with the U.S. federal government and the five affected states on the U.S. Gulf Coast (Texas, Louisiana, Mississippi, Alabama and Florida). U.S. Attorney General Loretta Lynch noted that “If approved by the court, this settlement would be the largest...
 

GLOBAL NEWS

Global Power locks in new permanent CEO

02 Jul 2015 @ 23:13

Who will be in charge? Global Power Equipment Group Inc. (NYSE:GLPW) today announced that it has entered into a new employment agreement with Terence Cryan pursuant to which he will continue to serve as the Company’s President and Chief Executive Officer, a position he first assumed on an interim basis on March 20 of this year. The new employment agreement is for a term running through June 1, 2017 and contemplates successive one year renewals thereafter. Speaking on behalf of the board of directors, Chairman Charles Macaluso said, “The entire board appreciated Terence Cryan’s willingness to assume the role of President and CEO in March of this year to meet the needs of the Company for an orderly transition at …

 

BP to Settle Federal, State and Local Deepwater Horizon claims

02 Jul 2015 @ 23:09
Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP today announced that its US Upstream subsidiary, BP Exploration and Production Inc (BPXP) has executed the agreements with the US federal government and five Gulf Coast states. The agreement with the states of Alabama...
 

Vast Resources is on-track to commence gold production Aug 2015 at Pickstone-Peerless

02 Jul 2015 @ 23:06
On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine Vast, the AIM listed resource and development company, has announced that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa 10,000oz Au expected from...
 

Plexus finalises transformational licencing agreement with $6.8Bn Chinese giant Jereh

02 Jul 2015 @ 23:02
Binding Licence and Share Subscription Agreements Signed with Major Chinese Oil Services Provider Yantai Jereh Oilfield Services Group Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, announces that it has finalised and entered into a licence agreement dated 1 July 2015 with Yantai...
 
 
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