Around 125 jobs will be cut at the Lindsey oil refinery in north Lincolnshire after the collapse of its parent company, Prax Group, according to the insolvency firm managing the
Lindsey Oil Refinery to Close After Collapse of Owner Prax Group – 625 Jobs Lost
The Lindsey oil refinery in Lincolnshire is set to shut down after efforts to secure a buyer failed, following the sudden collapse of its owner, Prax Group, and the disappearance
Thames Water lender races to offload £600m of loans
A significant lender to Thames Water has initiated a rapid sell-off of up to £600 million in debt amidst the looming general election, casting fresh uncertainty on the future of
South West Water has cut its dividend by £2.4 million following a record fine for sewage violations.
Pennon Water, the parent company of South West Water, has reduced its dividend by £2.4 million following a record fine for illegal sewage discharges into rivers and seas. The company
Baghdad and KRG are on the verge of reaching an agreement to restart the northern oil exports of Iraq
According to four sources familiar with the matter, the federal government of Iraq and the Kurdistan Regional Government (KRG) are nearing a deal that would facilitate the resumption of northern
Allegations of tax fraud have led to the raiding of French banks
As part of an investigation into tax fraud and money laundering related to dividend payments, some of France’s largest banks were raided by the country’s financial prosecutor.
Gulf Keystone Petroleum Limited shares fell around 16% in Monday’s early deals
Shares of Gulf Keystone Petroleum Limited (LSE: GKP) declined c16% during Monday’s early deals, following the company’s announcement that the Iraq-Turkey pipeline, the primary export route from the Kurdistan region
Coal is king: Mining giant Glencore has made record profits
Mining company Glencore reported a record profit of $34.1bn (£28.2bn) last year, largely driven by its coal and trading divisions.
Wentworth Resources (AIM:WEN) lnterim Results for the six months ended 30 June 2022
Wentworth achieves record financial results due to a continued increase in demand in H1; declaring an interim dividend of $1.45m
Glencore (LON:GLEN) return extra $4.5 bln to shareholders after record earnings
Glencore, a miner and trader, announced Thursday that it will return $4.5 billion to investors. This includes a $3 billion share buyback. The company reported a record-breaking half-year profit, largely
Gulf Keystone Petroleum (LON:GKP) Special dividend of $50 million
Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, is pleased to announce that the Board has approved the declaration of a special dividend of
Shell plc (LON:SHEL) Fourth Quarter 2021 Euro and GBP Equivalent Dividend Payments
The Board of Shell plc (“Shell”) today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2021 interim dividend, which was announced on February