Posts Tagged ‘alternative’

Triple management boost for Senergy

by on November 21, 2012 11:18 am BST
Triple management boost for SenergyHOUSTON -- Energy services company Senergy has strengthened its management team with three senior appointments.The company, which provides fully-integrated project and asset development services across the energy industry, has appointed Rhys Medler to the newly created role of Vice President in Quality Health Safety Security

Seneca converts rigs to run on gas

by on October 25, 2012 10:02 pm BST
Seneca, the exploration and production subsidiary of energy conglomerate National Fuel Gas Company, said the conversions will save it as much as 65% in long-term fuel costs at today's prices.Gas has become an attractive alternative for transportation and electricity amid decade-low prices.Houston-based Prometheus will provide

Kuwait rate cut unlikely to spur lending without political deal

by on October 4, 2012 2:14 pm BST
Thu Oct 4, 2012 10:14am EDT * Discount rate cut by 50 bps in 1st move since 2010 * Bank lending growth picks up but still sluggish* Banks have enough funds to boost lending* But political deadlock delays govt spending, projectsBy Martin DokoupilDUBAI, Oct 4 (Reuters) - Kuwait's unexpected 50 basis-point interest rate cut will help

Bridge makes London crossing

by on September 27, 2012 8:50 am BST
The company has secured a market capitalisation of £78 million ($125 million) after its shares started trading on the Alternative Investment Market at a price of around 128pence early doors.Bridge is seeking to raise capital from a wider pool of investors and boost its liquidity to finance plans to