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Covia Appoints Richard Navarre as President and CEO

27 mins ago NAMEX Comments Off on Covia Appoints Richard Navarre as President and CEO
INDEPENDENCE, Ohio, Aug. 21, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, today announced that its Board of Directors has appointed Richard Navarre President and Chief Executive Officer, effective September 1, 2019. “I am honored the Board has chosen me to lead Covia Read More

Aker wins umbilicals order for Dalma project in UAE

2 hours ago NAMEX Comments Off on Aker wins umbilicals order for Dalma project in UAE
8/21/2019 FORNEBU, NORWAY – Aker Solutions has won an order from ADNOC to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the shallow waters of the Persian Gulf. The value of the contract is about NOK 700 million. The scope includes four steel tube umbilicals totaling more than 100 kilometers. Read More

BP deck operations contract a first for Sparrows Group in UKCS

2 hours ago NAMEX Comments Off on BP deck operations contract a first for Sparrows Group in UKCS
8/21/2019 ABERDEEN – Sparrows Group has been awarded its first contract to deliver deck operations services in the UK Continental Shelf for supermajor BP. Sparrows has been providing crane maintenance and operations services to BP in the North Sea for more than 45 years. The contract builds on the Aberdeen headquartered company’s existing long-term relationship Read More

KLX Energy Services Reports Financial Results for Second Quarter Ended July 31, 2019; Updates Guidance

4 hours ago NAMEX Comments Off on KLX Energy Services Reports Financial Results for Second Quarter Ended July 31, 2019; Updates Guidance
WELLINGTON, Fla., Aug. 21, 2019 (GLOBE NEWSWIRE) — KLX Energy Services Holdings, Inc. (“KLX Energy Services” or the “Company”) (NASDAQ: KLXE), a leading U.S. onshore provider of mission critical oilfield services, today reported its second fiscal quarter ended July 31, 2019 financial results. On a GAAP basis, for the three month period ended July 31, Read More

Providence Resources P.l.c. – Corporate Update

1 day ago NAMEX Comments Off on Providence Resources P.l.c. – Corporate Update
FOR IMMEDIATE RELEASE CORPORATE UPDATE Barryroe Update Extension Granted to APEC to August 26, 2019 Site Survey Corporate Update Working Capital Proposed Business Re-engineering Dublin and London – August 20, 2019 – Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Energy Company (“Providence” or the “Company”), today provides the following corporate update which Read More

UBS names new CEO for European Union operations

1 day ago NAMEX Comments Off on UBS names new CEO for European Union operations
FILE PHOTO: A man walks past a UBS logo projected on a screen in Singapore, January 14, 2019. REUTERS/Feline Lim/File Photo FRANKFURT (Reuters) – UBS (UBSG.S) on Tuesday announced the appointment of Christine Novakovic as the chief executive officer of the Swiss Bank’s European Union operations. The appointment, which is based in Frankfurt, will make Read More

Sanchez Energy Receives Court Approval of “First Day” Motions to Support Business Operations

1 day ago NAMEX Comments Off on Sanchez Energy Receives Court Approval of “First Day” Motions to Support Business Operations
Obtains Interim Approval to Access up to $50 Million in New Financing Maintains Substantial Liquidity to Continue Safe Operations in the Normal Course HOUSTON, Aug. 19, 2019 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (“Sanchez Energy” or the “Company”) (OTC Pink: SNECQ) today announced that the Company and certain of its subsidiaries have received interim approvals Read More

FDA declines to approve Sarepta’s second Duchenne treatment

1 day ago NAMEX Comments Off on FDA declines to approve Sarepta’s second Duchenne treatment
(Reuters) – Sarepta Therapeutics Inc said on Monday the U.S. Food and Drug Administration declined to approve its newest treatment for Duchenne muscular dystrophy (DMD), citing safety concerns including the risk of infection and kidney toxicity. Shares of the company plunged 12.7% to $105.05 in trading after the bell. Analysts had expected annual sales of Read More

Wall Street rallies on hopes of global economic stimulus

2 days ago NAMEX Comments Off on Wall Street rallies on hopes of global economic stimulus
NEW YORK (Reuters) – U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. The benchmark S&P 500 has recovered most of its losses following Wednesday’s brief inversion of the yield curve Read More

US STOCKS-Wall St rallies as investors cheer global stimulus efforts

2 days ago NAMEX Comments Off on US STOCKS-Wall St rallies as investors cheer global stimulus efforts
NEW YORK (Reuters) – U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More