ShaMaran Petroleum (SNM.ST) completed its corporate continuance, changing its primary listing to Bermuda from Canada, according to a Thursday release.
The oil and gas company's shares have been delisted from the TSX Venture Exchange in Toronto, and are expected to start trading on the Euronext Growth Oslo under the ticker SNM, starting June 5.
The company plans a retail share offering of 1 million euros, equivalent to Norwegian kroner, to satisfy the listing criteria.
BP's (BP) former chairman, Albert Manifold, has rejected allegations leveled against him during his tenure at the oil and exploration giant, CNBC reported Thursday.BP's board on Tuesday announced the removal of Manifold due to "serious concerns" about governance standards, oversight, and conduct.In a response issued on Thursday, Manifold said that while he does accept the board's decision to remove him as chairman, he did not accept "that lies can be told about me, nor that anyone should be allowed to hide behind anonymity when commenting on my time at bp," the news report said."We note the comments of our former chair. We stand by the statement we have made. We have a duty of care to all our employees, particularly those impacted by his behavior," a BP spokesperson said in an e-mailed comment.
TotalEnergies (TTE) and Stellantis (STLA) have renewed and expanded their partnership in Europe to develop and deliver engine oils and lubricants, the companies said Thursday.Financial details of the renewal and expansion were not disclosed.The new agreement, originally renewed in 2021 for the Peugeot, Citroen Opel, DS Automobiles, and Vauxhall brands, now also includes additional Stellantis brands: Fiat, Jeep, Lancia, Alfa Romeo, and Abarth, the companies said.The partnership encompasses research & development, motorsports collaboration, after-sales services, and environmental sustainability, the companies said.
Pulsar Helium (PLSR.L) said Thursday Minnesota Governor Tim Walz signed new legislation updating the state permitting processes for gas extraction projects in Minnesota, US.The primary helium company noted that the new laws limit helium-focused gas well activity to Cook, Lake, and St. Louis counties; prohibit oil wells, hydraulic fracturing in gas wells, and allow the sale of carbon dioxide produced during helium production.