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Genel Energy PLC news

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GENL 119.00 -6.50 (-5.18%)
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View from the top: Genel Energy interview
We have the ability and ambition to do further deals in the sector to build Genel and we are also in a very constructive dialogue with the UKLA in seeking a premium listing.
�11m windfall for BP oil spill chief as he faces calls to hand payout to ...
Tony Hayward's oil venture Genel Energy has been lambasted for revealing an �11m payday for the former BP boss on the day of the second anniversary of the Gulf of Mexico oil spill.
Former BP chief Tony Hayward could land �2.8m pay package two years on from ...
Genel's annual report shows that he is set to receive a salary for 2012 of �650,000 and benefits of �162,500. He will also be eligible for a performance-based annual bonus worth up to 150pc of his salary, or �975,000.
Heritage Oil was one dare too far for former TA captain Ian Hannam
Yet he clearly failed to see the risk to his own future when he helped blow the whistle on Mehmet Sepil, the ex-chief executive of Genel Enerji. Mr Hannam was advising on the 2009 Genel merger with Heritage Oil when he unearthed trades made by Mr Sepil ...
Kurdish Minister received market abuse emails - sources
The shares were subsequently sold to Turkey's Genel Enerji, a pre-cursor company to UK-listed Genel Energy, with which Heritage Oil ended up entering a merger agreement in June 2009.
Rock Solid offer in doubt as accusations fly
The public spat between Rock Solid Images (RSI) and its potential buyer Thalassa Holdings (THAL) continued on Tuesday as the latter accused the former of factual inaccuracies in its response to the offer.
Former TNK-BP deputy chief Maxim Barsky buys into Matra Petroleum
Mr Barsky said he hoped to use Matra as an acquisiton vehicle to emulate the success of Tony Hayward, BP's former chief executive, who used cash shell Vallares to buy Genel Energy. "Tony is, I would say, my teacher, because I spent time at BP ...
Floors-2-Go buys up remains of Allied Carpets after retailer was rolled up for ...
The threadbare remains of Allied Carpets has been sold after the firm fell into administration for the third time in three years. Just nine stores and 41 jobs have been saved as part of the deal in yet another blow to Britain's beleaguered High Street ...
Turkey: From strength to strength
While this marks a significant decrease in volume from the estimated $29bn in 2010 deals, much of that volume came from energy privatisations that were never finalised, thus the actual amounts held steady in 2011. The average ... These mega-deals came ...
Ungor: Turkey Has Acknowledged the Armenian Genocide
“Turkey denies the Armenian Genocide” goes a jingle. Yes, the Turkish state's official policy towards the Armenian Genocide was and is indeed characterized by the “three M's”: misrepresentation, mystification, and manipulation.