Oil rig maker Lamprell Plc (LAM.L) said Chief Executive James Moffat would retire next June and that it had promoted Tony Wright to the role of chief financial officer with immediate effect.
John Kennedy will take on the role of executive chairman until the next annual general meeting in 2016, the company said on Friday.
Lamprell said it had commenced the search process to find a new CEO.
Reporting by Aastha Agnihotri in Bengaluru
Australia's Woodside Energy WDS.AX expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade…
The price of Malaysian palm oils futures rose on Monday due to stronger oil prices and the expectation that Indonesia may…
The Australian government will introduce legislation on Monday to implement production tax incentive for renewable hydrogen and essential minerals.
Eni, the Italian energy company, announced on Saturday that it had launched in the shipyard of Wison Heavy Industry in Nantong…
Two sources familiar with the matter said that Brazilian state-run Petrobras was in discussions with Raizen, BP, and Inpasa…
According to sources in the government, Germany's Economy Minister pushed forward on Friday legislation that would provide…
Thanksgiving Day, which falls on Thursday November 28, will impact the schedule for the release of major energy data during the week of Nov. 24.
Oil prices edged up about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the market's…
Danos announced that two of its leaders, Melanie Hill and Scott Theriot, have been named to prestigious “40 Under 40” lists for 2024.Melanie Hill…
The U.S. judge overseeing an auction of shares in a Citgo Petroleum parent to pay Venezuela-linked creditors on Wednesday…
U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw…
Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to boost…
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.