Block Energy plc announced that at today’s general meeting two resolutions concerning board changes proposed by Forest Nominees Ltd on behalf of G.P. (Jersey) Ltd were rejected by shareholders. “The board is pleased with the overall level of support it has received in relation to the resolutions put to the meeting,” said the Goergia-focused oil […]
Tag: oil and gas
Prospex to appoint Alasdair Buchanan as NED
Prospex Energy plc intends to appoint Alasdair Buchanan to the board as an independent non-executive director. Mr Buchanan has 40 years’ experience in the upstream oil and gas industry and was most recently global energy director at Lloyds Register and chief operating officer and a director of Senergy Group plc. He was also a non-executive director […]
United to exit Italy with €2m gas assets sale
United Oil & Gas plc has signed a €2.165 million conditional sale of its Selva gas interests in Italy assets to Prospex Energy plc. RESERVES United’s subsidiary holds a 20% non-operated interest in the Podere Gallina licence, containing the gas development project, in the Po Valley region. Prospex will acquire 100% of the subsidiary, effective […]
Neptune awarded silver medal by EcoVadis
Neptune Energy plc announced it had been awarded silver medal status from environment, social and governance (ESG) ratings organisation, EcoVadis. PIONEERING The ranking places Neptune in the top 25% of all 75,000 global organisations assessed by EcoVadis. The organisation assesses companies’ policies, actions and performance disclosures in the areas of environment, labour and human rights, […]
IOG commits to Scope 1 and 2 net zero
IOG plc has completed a comprehensive emissions assessment (EA) which commits the company to Scope 1 and 2 net zero status as of 2021. KEY POINTS The EA was conducted by IOG’s internal environmental, social and governance (ESG) taskforce in collaboration with energy advisor Genesis. The EA encompassed the Phase 1 development and corporate activities. […]
IOG appoints James Chance head of capital markets-ESG
IOG plc has appointed James Chance to a new role of head of capital markets and ESG [environment, social and governance]. Mr Chance has led the company’s ESG work since 2020.