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China Gas Holdings says former director and share option holders initiated legal proceedings against co

Friday, 2 Jun 2017 10:46am EDT

June 2 (Reuters) - China Gas Holdings Ltd <0384.HK>:xu ying, a former director of company, has initiated legal proceedings against company recently.seven holders of share options under scheme have also initiated legal proceedings against company in high court."company has never agreed to pay Mr. Xu alleged salary and/or annual bonus of hk$140 million"."seven option holders were not eligible persons under scheme when they exercised share options in relation to 10,000,000 shares of company".board considers that all of xu's claims are without merit; xu was dismissed by co and was removed from office as director on 29 march 2011."company will vigorously defend the claims".co clarifies that purpose of granting share options to eligible persons is to provide an incentive to such persons for their contributions to co.

APA Group buys Orbost gas processing plant

Wednesday, 31 May 2017 07:18pm EDT

June 1 (Reuters) - APA Group :buys the Orbost gas processing plant.Total cost of upgrade project, including acquisition costs, is expected to be in order of $270 million.entered into agreements with cooper energy to purchase, upgrade and operate orbost gas processing plant.transaction remains subject to cooper energy completing a debt raising and making a final investment decision on sole gas project.

Italgas to take part in bid for Gas Natural assets in Italy - CEO

Wednesday, 31 May 2017 09:40am EDT

May 31 (Reuters) - Italgas CEO Paolo Gallo says in a conference call on the group's business plan::Spain's Gas Natural issued information memorandum for sale of its Italy assets last Friday.Italgas will take part in the tender for the assets.

Italgas eying gas distribution assets of international groups in Italy

Wednesday, 31 May 2017 09:14am EDT

May 31 (Reuters) - Italgas slide says::interested in gas distribution assets of international groups in Italy.interested in buying distributors appealing for their size and/or for their presence in strategic areas for Italgas growth.interested in acquiring control of affiliates.

Italgas shares up 0.7 pct after business plan

Wednesday, 31 May 2017 03:00am EDT

May 31 (Reuters) - Italy's biggest gas distributor Italgas::Shares up 0.7 percent in early market trade after business plan.the group promised to raise its dividend on Wednesday as it earmarked 5 billion euros to fund growth over the next seven years. nI6N1ID024.

R&I affirms Saibu Gas's rating at "A+" and says stable outlook-R&I

Wednesday, 31 May 2017 01:45am EDT

May 31 (Reuters) - Saibu Gas Co Ltd <9536.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+"-R&I.* Rating outlook stable-R&I.

Latvijas Gaze Q1 net profit at 12.2 million euro

Tuesday, 30 May 2017 09:31am EDT

May 30 (Reuters) - LATVIJAS GAZE AS ::Q1 NET TURNOVER IS EUR 123.2 MILLION.SAYS Q1 NET PROFIT OF 12.2 MILLION EUR.

Gujarat Gas, Petronet LNG sign MoU for exploring, dispensing & marketing of LNG

Tuesday, 30 May 2017 06:48am EDT

May 30 (Reuters) - Gujarat Gas Ltd :Entered into a non-binding MoU with Petronet LNG Limited.Says MoU for exploring - dispensing and marketing of LNG including the L-CNG at GGL CNG stations.

Wentworth Resources Q1 net loss $‍0.4​ million

Tuesday, 30 May 2017 02:00am EDT

May 30 (Reuters) - WENTWORTH RESOURCES LTD :Q1 NET LOSS $‍0.4​ MILLION VERSUS LOSS $0.9 MILLION YEAR AGO.Q1 REVENUE $2.9 ‍​ MILLION VERSUS $3.2 MILLION YEAR AGO.

Changfeng Q1 earnings per share RMB0.17

Monday, 29 May 2017 06:19pm EDT

May 29 (Reuters) - Changfeng Energy Inc :Changfeng announces first quarter financial results for the three months ended march 31, 2017.Q1 earnings per share rmb 0.17.Changfeng energy inc - revenue for three months ended march 31, 2017 was rmb96.7 million, an increase of 25%, from rmb77.1 million for same period of 2016.

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