Global

Qatar Petroleum enters JV with Total in South Africa
Energy

Qatar Petroleum enters JV with Total in South Africa

Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval. “This transaction enhances the partnership on Block 11B/12B in preparation for the high potential exploration well scheduled to be drilled on the […]

ManpowerGroup appoints Tomas Chamorro-Premuzic as Chief Talent Scientist
Global

ManpowerGroup appoints Tomas Chamorro-Premuzic as Chief Talent Scientist

ManpowerGroup has appointed Dr. Tomas Chamorro-Premuzic as Chief Talent Scientist to lead new Assessment Center of Excellence (CoE), effective March 1. Chamorro-Premuzic is an international expert in business psychology, consumer analytics and talent management. He is a published author and currently a Professor of Business Psychology at University College London […]

Total acquires exploration licenses offshore Guyana
Energy

Total acquires exploration licenses offshore Guyana

Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements come after entering into an option agreement for the nearby Orinduik Block. Subject to the approval of relevant authorities, Total will thus own exploration rights to an area […]

Naspers leads $14.4 million investment in Joymode
JSE SENS Tech

Naspers leads $14.4 million investment in Joymode

South Africa’s Naspers Limited said it led a $14.4 million Series A investment in Joymode, an innovator in the movement from ownership to access. The company said the fund was raised through Naspers Ventures division with participation from previous investors. Also announced today, Mike Katz of Naspers Ventures, has joined […]

Bruce Niemeyer is now VP of strategy at Chevron
Energy

Bruce Niemeyer is now VP of strategy at Chevron

Chevron Corporation has named Bruce Niemeyer corporate vice president of Strategic Planning, effective immediately. Chevron said Niemeyer is currently vice president of Chevron’s Mid-Continent Business Unit. In his new role, Niemeyer, 56, will be responsible for setting the strategic direction for the company, allocating capital and other resources and determining […]

Energy

Exxon appoints Steven Kandarian to its board

Steven Kandarian to its board of directors, effective Feb. 1, 2018. Kandarian is the chairman, president and chief executive officer of MetLife Inc. With the election of Kandarian, the ExxonMobil board stands at 11 directors, 10 of whom are non-employee directors. Kandarian’s experience leading a large international insurer, along with […]

Here is the Petro cryptocurrency ICO whitepaper
Cryptocurrency

Here is the Petro cryptocurrency ICO whitepaper

Venezuela has finally released the approved whitepaper for the Petro cryptocurrency initial coin offering which will seek to raise $5 billion from investors. Petro is Venezuela’s state-owned digital currency that is backed by the country’s oil reserves and natural resources. While President Nicholas Maduro has given the token his full […]

Why Shell wants to focus on profit in 2018
Energy

Why Shell wants to focus on profit in 2018

Global oil producers, Royal Dutch Shell have made it clear that the company is now more focused on profitability, Chief Executive Ben van Beurden said on Thursday. Shell trimmed upstream operations, offloaded non-core businesses and snapped up gas-focused BG Group in 2016 for £47bn as it moved to shield itself […]