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Eurasian Natural Resources Corporation (ENRC Group)

Tue, 07 Feb 2012 15:00:06 +0000

Chairman and Non-Executive Director resigns - New Chairman appointed
Eurasian Natural Resources Corporation PLC, headquartered in London, has appointed Mehmet Dalman as Chairman, following the departure of Dr Johannes Sittard who was Chairman and Non-Executive Director at the company.

Subsea 7 Limited

Tue, 07 Feb 2012 11:15:58 +0000

£63m BP contract secured - 100 jobs secured
Offshore engineering group Subsea 7 has secured a £63m contract with BP for work on a major project off the Shetland Islands. The contract will secure the future of 100 jobs in Wick. Subsea 7, a £59.6m turnover company with a 5,500-strong global workforce, has previously worked with BP on similar contracts.

Alkane Energy PLC

Tue, 07 Feb 2012 09:30:46 +0000

Acquires Greenpark Energy - £6m investment
As part of its ongoing expansion, Nottinghamshire-based alternative energy company Alkane Energy has acquired rival company Greenpark Energy for £5.7m.

Afren Plc

Mon, 06 Feb 2012 13:00:28 +0000

Appointment of Non Executive Director - 200 Employees - Annual Turnover of £191.9m
Afren Plc have appointed Patrick Obath as a Non Executive Director. The company has an annual turnover of £191.9m and over 200 employees.

Royal Dutch Shell PLC

Mon, 06 Feb 2012 08:00:05 +0000

Full Year Earnings up - Cash Flow up - 97000 employees
Royal Dutch Shell's fourth quarter 2011 earnings, on a current cost of supplies basis, were $6.5bn compared with $5.7bn in the same quarter a year ago. Full year 2011 CCS earnings were $28.6bn compared with $18.6bn in 2010. Cash flow from operating activities was $6.5 billion for the fourth quarter 2011 and $36.8 billion for the full year.

Rio Tinto PLC

Mon, 06 Feb 2012 08:00:03 +0000

Stake doubbled in South African company
Rio Tinto will increase its stake in Richards Bay Minerals (RBM) to 74 per cent through the acquisition of BHP Billiton's 37 per cent interest. The final consideration for the acquisition will be determined through a previously agreed valuation process. Completion is subject to regulatory approvals. RBM is a South African mineral sands mining and processing operation.

Scottish & Southern Energy Plc

Fri, 03 Feb 2012 09:42:50 +0000

Profits growth expected - £1.7bn capital investment
Energy firm SSE Plc expects an increase in pre-tax profits for the financial year to 31 March 2012, despite a fall in customer numbers. Capital and investment expenditure will total approximately £1.7bn for 2011/12 as a whole, with good progress made in large capital projects.

Bglobal plc

Fri, 03 Feb 2012 09:06:11 +0000

Potential new jobs - £11.7bn energy meter programme
BGlobal Plc expects to create jobs after a £11.7bn scheme to distribute energy reading devices to homes and businesses was revived. The programme was delayed by the government in 2011 but BGlobal is now working with an experienced retailer to establish a new energy supplier to enter the residential market.

Petroplus Refining & Marketing Limited

Thu, 02 Feb 2012 09:54:01 +0000

In Administration - 1,000 Jobs at Risk - Restructing Options explored - Turnover £8.7m
Petroplus Refining and Marketing, the company that runs Coryton oil refinery has gone into administration leaving 1,000 jobs at risk at the site in Thurrock. Coryton refinery will continue to to operate without disruption while the financial position is clarified and restructuring options are explored. Jean-Paul Vettier is Cheif Executive Officer.

Alstom Ltd

Thu, 02 Feb 2012 09:48:20 +0000

£4bn orders - Sales £4.09bn - 5046 employees
ENGINEERING company Alstom has secured orders worth more than £4 billion for its third quarter. The French-owned company, which employs almost 2,000 people in Stafford, received £4.09 billion of orders from October last year to the end of December. Sales also reached £4.09 billion.