PARIS: Schlumberger New Energy, the CEA and partners have announced Florence Lambert as the CEO of the Genvia clean hydrogen production technology venture, effective March 1, 2021. Florence brings more than 20 years of experience in new energy technologies and…
SYDNEY: Xstate Resources Limited has closed on the acquisition of a 10% Working interest (WI) in oil and gas producing assets (Alberta Plains Assets) in southern Alberta, Canada. Plans for the acquisition were previously reported on 28 January 2021. The…
DUBAI, UAE: Emirates Integrated Telecommunications Company PJSC (EITC) published its financial results for the year ended 31 December 2020 reporting in 2020 a total Revenue of AED 11.08 billion and a Net Income of AED 1.44 billion. EITC’s Capital Expenditure…
REDWOOD CITY: Electronic Arts Inc. and Glu Mobile Inc. have entered into a definitive agreement under which Electronic Arts will acquire Glu Mobile. Under the terms of the agreement, EA will acquire Glu for $2.1 billion in enterprise value, a…
SYDNEY: Cycliq Group Ltd announces that by mutual agreement, the planned termination date for Paul Claessen and Ben Hammond, Co CEO’s of Cycliq Limited, has been brought forward to the close of business Monday 8 February 2021. Claessen and Hammond…
TULSA: Matrix Service Inc. has been selected by American Pacific Borates Limited for the first phase of construction of its Fort Cady Borate Mine Facility in southern California. When completed, Phase One A is targeted to produce 20,000 short tons…
BOSTON: Ironwood Pharmaceuticals Inc. announced that Mark Mallon plans to step down as chief executive officer and a member of the Ironwood Board of Directors in order to pursue another leadership opportunity, effective March 12, 2021. The Ironwood Board has…
MUNSTER: (GLOBE NEWSWIRE) NorthWest Indiana Bancorp (NWIN) is seeking shareholder approval to change its name to Finward Bancorp at a Special Meeting of Shareholders to be held on March 3, 2021. The name change reflects the growth and evolution of…
AUSTIN: Ideal Power Inc. announced the pricing of an underwritten public offering of 1,176,500 shares of its common stock at a public offering price of $17 per share, before underwriting discounts and commissions, for an aggregate offering of approximately $20…
DOHA: Qatar Petroleum is developing the North Field East Project (NFE), the world’s largest LNG project, which will raise Qatar’s LNG production capacity from 77 million tons per annum (MMTPA) to 110 MMTPA, a news release said. In addition to…
KARACHI: Sui Southern Gas Company (SSGC) has initiated an exercise for tracing of attachable assets for realization of the debt and outstanding amounts by attachment and auction proceedings. SSGC, through a third party, would trace attachable assets and title documents…
NEW YORK: Global Tech Industries Group (GTII) has executed a Letter of Intent to acquire Gold Transactions International (GTI), a Utah corporation. The expected closing date of the final, binding acquisition agreement, defining the terms of the acquisition of GTI…