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PG&E close to reshaping leadership with investor backing: WSJ

4 days ago DieselGasoil Comments Off on PG&E close to reshaping leadership with investor backing: WSJ
(Reuters) – PG&E Corp is close to naming a new chief executive officer and revamping its board backed by some of its largest investors, the Wall Street Journal said on Saturday, as the power utility restructures after filing for bankruptcy because of potential liabilities from California wildfires. A PG&E truck carrying an American Flag drives Read More

Chief executive who built up Avast to retire

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(Reuters) – Vince Steckler, the long-time chief executive of Avast who helped to develop the cyber security company, is to retire, overshadowing its first annual results since listing last May. FILE PHOTO: The logo of Avast Software company is seen at its headquarters in Prague, Czech Republic, April 12, 2018. REUTERS/David W Cerny Steckler, 60, Read More

TransGlobe Energy Corporation Announces Declaration of Dividend and Board of Directors Transitions

1 week ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces Declaration of Dividend and Board of Directors Transitions
AIM & TSX:  “TGL” & NASDAQ:  “TGA” This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” Read More

More than 60% of electric generating capacity installed in 2018 was fueled by natural gas

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March 11, 2019 Based on EIA’s December 2018 monthly electric generator inventory of utility-scale generation, 31.3 gigawatts (GW) of generating capacity were added in the United States in 2018 and 18.7 GW of capacity were retired. The 2018 annual capacity additions were the largest since 48.8 GW were added in 2003. Most of the additions Read More

Swedish govt ‘art project’ will pay 1 person $2,320/month to do nothing for the rest of their life

2 weeks ago DieselGasoil Comments Off on Swedish govt ‘art project’ will pay 1 person $2,320/month to do nothing for the rest of their life
An art installation in Sweden will pay one “employee” a monthly salary for the rest of their lives to do whatever they wish, or nothing at all, in a project already being dubbed as “stupidity” and “a waste of taxpayers money.” “The position holds no duties or responsibilities, other than that it should be carried Read More

Netflix chief marketing officer to leave

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The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson (Reuters) – Netflix Inc said on Thursday Chief Marketing Officer Kelly Bennett will step down after seven years in the role, during which the online video-streaming giant’s paid subscribers jumped five-fold to 139 million. Bennett, who Read More

BP names new head of wind power business

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A rainbow is seen behind the logo of a BP fuel station in Barnstaple in south west England October 17, 2012. REUTERS/Toby Melville LONDON (Reuters) – The head of BP’s wind energy business Laura Folse will retire at the end of month, three years after taking the role, a company spokesman said on Monday. Folse, Read More

Shale c-suite turmoil casts shadow on record U.S. oil growth

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By Rachel Adams-Heard and Kevin Crowley on 2/28/2019 Oil derrick. Photo: Anadarko. HOUSTON (Bloomberg) –Shockwaves in the c-suites of shale companies are showing investor frustration with an industry that continues to outspend cash flow. Independent drillers such as Alta Mesa Resources Inc. and Centennial Resource Development Inc., whose leaders were once rewarded for amassing vast Read More

Column: Illinois budget debate raises key questions on taxing retirement income

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CHICAGO (Reuters) – Greetings from Illinois, a state that never tops the rankings of places to retire. We have one of the great American cities, but also polar vortexes and an enormous state budget deficit – and now there is renewed talk about taxing retirement income to help close the gap. Illinois is one of Read More

Enerflex Announces President and Chief Executive Officer Succession

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CALGARY, Alberta, Feb. 21, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company” or “we” or “our”) today announced that J. Blair Goertzen, President and Chief Executive Officer, will retire on May 3, 2019 at the Company’s Annual and Special Meeting of Shareholders and will not stand for re-election to the Board of Read More