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TGS Completes Acquisition of Spectrum

3 days ago DieselGasoil Comments Off on TGS Completes Acquisition of Spectrum
Oslo, Norway (14 August 2019) – TGS-NOPEC Geophysical Company ASA (“TGS”, OSE: TGS) announced today that it has completed its acquisition of Spectrum ASA (“Spectrum”, OSE: SPU), creating a leading global multi-client geophysical data provider. TGS first announced its intent to acquire Spectrum on 2 May 2019. Completion of the acquisition and the merger plan Read More

Hong Kong super-rich take their money and escape to New York amid protests at home

3 days ago DieselGasoil Comments Off on Hong Kong super-rich take their money and escape to New York amid protests at home
Anti-government protests in Hong Kong are forcing local wealthy families to relocate to the US as they are seeking to buy property there instead of just investing in it, a New York-based real estate attorney has revealed. Edward Mermelstein of One & Only Realty, which organizes relocation and luxury property investment starting at $10 million, Read More

Australia should reduce emissions, coal mining: Pacific leaders

4 days ago DieselGasoil Comments Off on Australia should reduce emissions, coal mining: Pacific leaders
FUNAFUTI, Tuvalu (Reuters) – Australia should do more to reduce its carbon emissions and giving cash to countries battling climate change was not enough, Pacific island leaders said on Tuesday in a rebuke of Canberra’s latest attempt to improve ties with the region. FILE PHOTO: Coal is unloaded onto large piles at the Ulan Coal Read More

Spectrum ASA: Share capital increase

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Oslo, 12 August 2019 Reference is made to the announcement of 8 August 2019 regarding the exercise of all outstanding options in Spectrum ASA (“Spectrum”) and the board resolution in Spectrum to increase the share capital to fulfil the company’s obligations under the option agreements. The new share capital has been registered today with the Read More

Operational Update – Standard Exploration Licence 1/11 – Barryroe

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION OPERATIONAL UPDATESTANDARD EXPLORATION LICENCE 1/11BARRYROE AWARD OF SITE SURVEY PERMIT Dublin and London – August 9, 2019 – Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Energy Company (the “Company”), today provides an operational update in relation to Standard Exploration Licence (“SEL”) 1/11 which contains Read More

Spectrum ASA: Exercise of options and issue of shares

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Oslo, 8 August 2019 With reference to the announcement of 7 August 2019 confirming that the contemplated merger between Spectrum ASA (“Spectrum”) and TGS-NOPEC Geophysical Company ASA (“TGS”), all outstanding options in Spectrum have vested and been exercised upon the merger becoming unconditional. The board of directors of Spectrum has resolved, in accordance with the Read More

Exclusive: China warns India of ‘reverse sanctions’ if Huawei is blocked – sources

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NEW DELHI (Reuters) – China has told India not to block its Huawei Technologies from doing business in the country, warning there could be consequences for Indian firms operating in China, sources with knowledge of the matter said. FILE PHOTO: People look at products at the Huawei stall at the International Consumer Electronics Expo Read More

Factbox: From phone makers to farmers, the toll of Trump’s trade wars

2 weeks ago DieselGasoil Comments Off on Factbox: From phone makers to farmers, the toll of Trump’s trade wars
(Reuters) – U.S. President Donald Trump on Thursday said he would impose a 10% tariff on the remaining $300 billion of Chinese imports as tensions with China spiked again, the latest salvo in a yearlong trade war between the world’s two largest economies. FILE PHOTO: Farmer Dave Walton holds soybeans in Wilton, Iowa, U.S. May Read More