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In March 2021 the company merged Chrysaor Holdings and Premier Oil and absorbed both into Harbour Energy. [8] It was announced that the merged business would be managed by Linda Cook, who had been CEO of Harbour Energy since it was established. [7] The transaction also made Harbour Energy the UK's largest independent oil and gas business. [8]
Shares in Shell fell 1.1 per cent or 18p to 1613p in morning trading. Cook had worked for Shell for 29 years. She lost out on a loyalty bonus of more than £800,000, but her severance pay came to about £5 million, a figure determined by standard company and legal guidelines. [5] Cook joined the board of directors of The Boeing Company in 2003 ...
In 2020, it emerged from bankruptcy. The company's post-bankruptcy fate was two-fold. First, the company was incorporated in Delaware under the name Energy Harbor Corp. and has since continued to operate in Ohio under the same name. For legal purposes, Energy Harbor Corp. is registered in Ohio as a foreign entity.
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The Ohio nuclear bribery scandal (2020) is a political scandal in Ohio involving allegations that electric utility company FirstEnergy paid roughly $60 million to Generation Now, a 501(c)(4) organization purportedly controlled by Speaker of the Ohio House of Representatives Larry Householder in exchange for passing a $1.3 billion bailout for the nuclear power operator. [1]
Vistra started the year with 2,400 megawatts (MW) -- only to add 4,000 MW more following its acquisition of Energy Harbor Corp. The potential for data center demand is at the forefront of the ...
Global Payments is acquiring Heartland Payment Systems. Post-merger, Global Payment's market capitalization will be more representative of the large cap market space. GameStop is ranked near the bottom of the S&P 500 and has a market capitalization that is more representative of the mid-cap market space. [259] April 18, 2016: THC: Tenet ...
Around that time, the company indicated it would close the nuclear plant. [43] In 2019, Ohio lawmakers debated a $9/MWh subsidy to keep Davis–Besse open. [ 44 ] House Bill 6 was signed into law on July 23, 2019, and FirstEnergy announced it would refuel Davis–Besse and rescind its deactivation notice on July 24, 2019. [ 8 ]