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annual meeting
Hunting shareholders’ disquiet at top pay deals
Energy service group Hunting faced a revolt over its latest remuneration report yesterday.
Investors and activists vent anger at oil giant’s AGM
BP bosses fended off a shareholder backlash yesterday amid angry protests and claims their pay packets were "extreme and excessive".
Backlash over pay at Melrose
Oil and gas company Melrose Resources suffered a backlash over bosses' pay at its annual meeting yesterday.
Cairn Energy and Wood Group shares among risers, Premier falls
Weaker than expected US GDP figures and a downgrade for Spain failed to stop world markets finishing the week on a high today.
Eventful meeting for BP bosses
BP's senior bosses contended with screaming environmental protesters, a backlash on executive pay and more anger over the company's record in the Gulf of Mexico at an eventful annual meeting yesterday.
Group urges BP investor revolt at AGM
BP could be facing a rocky annual meeting after shareholder advisory group Pirc urged investors to oppose its latest remuneration report.
GE wins £830m of work
Energy firm GE Oil and Gas announced new projects worldwide yesterday totalling nearly £830million, including work on the Nexen Golden Eagle Area development in the UK North Sea.
Aberdeen shares ‘outshine peers’
Aberdeen Asset Management (AAM) said yesterday the performance of its shares during 2011 outshone its listed peers for a second consecutive year.
Wood boss calls for North Sea incentives
ENERGY service giant Wood Group rounded off a busy year yesterday with a call to the UK Government to introduce flexible and efficient measures to limit the damage of its 12 percentage point tax rise.
New directors elected at Decom’s first annual meeting
Offshore oil and gas decommissioning forum Decom North Sea (Decom) held its first annual meeting in Aberdeen yesterday and elected seven new directors.
Hunting seeing optimism return to energy sector
International energy service company Hunting said yesterday that trading remained in line with its expectations in the period from January 1 to April 21.
Jack-up surplus to prevail for years to come
The world is awash with idle jack-up rigs, with more than 100 units stacked, plus a further 60 new ones under construction/on order.
Bright future forecast for Premier Oil
The chief executive of Premier Oil said yesterday it had been able to maintain a portfolio of future developments which should have the potential for significant, profitable growth over the next few years.
Encouraging performance by Wellstream Holdings
WELLSTREAM Holdings, the Newcastle-headquartered manufacturer of flexible pipes for the oil and gas industry, said yesterday that its performance for the year to date had been good.
$5bn put up
OIL & Natural Gas Corporation (ONGC) is to invest more than $5billion in developing its deepwater blocks KG-DWN-98/2 and KG-DW-IV, with first production anticipated in 2013.
Wood eyeing smaller takeover targets
SIR Ian Wood, the chairman of Aberdeen-based energy service company Wood Group, gave shareholders an upbeat view of the company's prospects yesterday at its annual meeting in the Granite City.