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UBS taps BoE adviser van Steenis for sustainable finance, IR roles

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FILE PHOTO: A man walks past a UBS logo projected on a screen in Singapore, January 14, 2019. REUTERS/Feline Lim/File Photo ZURICH (Reuters) – UBS Group (UBSG.S) has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new sustainable finance committee at Switzerland’s Read More

Westport Fuel Systems Announces New Chief Financial Officer

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VANCOUVER, B.C., Aug. 22, 2019 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems“) (TSX:WPRT / Nasdaq:WPRT) today announced the appointment of Richard Orazietti as Chief Financial Officer (“CFO“) effective September 3, 2019. Mr. Orazietti has had a distinguished career as a finance leader with expertise across multiple finance disciplines and extensive experience working Read More

Rohingya repatriation fails as no one turns up

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By Siobhan Robbins, South East Asia correspondent An attempt to repatriate more than 3,000 Rohingya refugees from Bangladesh to Myanmar appears to have failed after no one agreed to return. Abul Kalam, the Bangladesh refugee commissioner, said none of 295 families already interviewed by the government and the UN’s refugee agency were willing to go Read More

Eavor Technologies drives innovative geothermal system towards commerciality providing new opportunity for Alberta’s energy services sector.

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Calgary, Alberta, Aug. 22, 2019 (GLOBE NEWSWIRE) — Eavor Technologies Inc. has developed an innovative “made in Alberta” geothermal energy solution. In a demonstration project near Rocky Mountain House, the Eavor-Lite™ project uses existing Alberta oil and gas drilling technology and expertise to facilitate a revolutionary and unique energy system known as “Eavor-Loop™”.   Building Read More

Bernie Sanders proposes $16.3 trillion Green New Deal plan

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WASHINGTON, August 22 (Reuters) – Presidential hopeful Bernie Sanders unveiled a climate change strategy on Thursday that would mobilize $16.3 trillion to help the U.S. generate 100% of its electricity from renewable energy by 2030 and achieve “full decarbonization” by 2050. FILE PHOTO: 2020 Democratic U.S. presidential candidate and U.S. Senator Bernie Sanders speaks during Read More

Prosafe SE: Second quarter and first half 2019 report – Merger process with Floatel ongoing

2 days ago DieselGasoil Comments Off on Prosafe SE: Second quarter and first half 2019 report – Merger process with Floatel ongoing
Fleet utilisation in the second quarter of 2019 was 71.6 per cent, the highest since Q3 2015. Three new contracts were awarded since the last quarter. Reported EBITDA for the second quarter amounted to USD 53.1 million (USD 57.1 million). Cash flow from operations was USD 18.1 million (USD 43.5 million). Recent highlights On 3 Read More

Covia Appoints Richard Navarre as President and CEO

3 days ago DieselGasoil Comments Off on Covia Appoints Richard Navarre as President and CEO
INDEPENDENCE, Ohio, Aug. 21, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, today announced that its Board of Directors has appointed Richard Navarre President and Chief Executive Officer, effective September 1, 2019. “I am honored the Board has chosen me to lead Covia Read More

ADNOC smart procurement program awards multi-billion-dollar OCTG contracts

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8/21/2019 ABU DHABI – ADNOC announced the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the three contracts awarded is one of the world’s largest in this category, maximizing value for ADNOC across its drilling value chain and Read More

Saudi oil fields are in the firing line as Gulf conflicts continue

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By Anthony DiPaola on 8/20/2019 DUBAI (Bloomberg) – Flaring tensions in the Persian Gulf have seen some of the world’s biggest crude deposits, along with processing and transport infrastructure and vessels, targeted by explosives-laden drones and bombings. The threats to the kingdom’s crude production and infrastructure shine a light on the risk to global oil Read More

Nordic PMs, CEOs sign joint declaration on climate change

4 days ago DieselGasoil Comments Off on Nordic PMs, CEOs sign joint declaration on climate change
Nordic prime ministers and CEOs of Nordic companies pose for a family photo after signing a joint declaration on climate and sustainable development during the annual informal summer meeting of the Nordic prime ministers in Reykjavik, Iceland August 20, 2019. REUTERS/Ints Kalnins COPENHAGEN (Reuters) – Nordic prime ministers and business leaders sought on Tuesday to Read More