Company Moves Metals & Minerals News

Power Metal NED Owain Morton leaves

Power Metal Resources plc non-executive director Owain Morton will leave the company with immediate effect due to other work obligations. In July 2023 and while a NED, Mr Morton became director – technology and innovation at Ma’aden in Saudi Arabia where Power Metal has its own interests. Chairman Scott Richardson-Brown said: “As a board, we are sad […]

News Oil & Gas

Tullow Oil NED buys 200,000 shares

Tullow Oil plc non-executive director Roald Goethe bought a total 200,000 ordinary shares of 10 pence each in the company, for an average price of 38 pence per ordinary share. The first purchase of a total 100,000 shares for £38,635 took place on 27 December, followed by a further 100,000 shares for £38,510 on 28 […]

Company Moves Metals & Minerals News

Horizonte confirms chairman and interim CEO

Horizonte Minerals plc today confirmed Paul Smith as a non-executive director and chair and Karim Nasr as an executive director and interim chief executive, effective immediately. Both were previously proposed as part of changes following board resignations including former CEO and company co-founder Jeremy Martin. Mr Nasr has temporarily stepped down from his day-to-day executive […]

Company Moves Legal News Oil & Gas

EnQuest NED resigns due to EU law

EnQuest plc non-executive director and senior independent director Karina Litvack has resigned due to an “unexpected conflict” arising through EU laws. The company said that the bloc’s “unbundling directive” prohibited any director of a European power transmission company from also serving on the board of an upstream operator. Ms Litvack, who was appointed to the […]