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(The government bought out Tesoro in 1985, and changed the name of the company to Trinidad and Tobago Petroleum Company Ltd [Trintopec].) In 1974, the government bought the local assets of Shell Trinidad Ltd, and formed a new national oil company, the Trinidad and Tobago Oil Company Ltd (Trintoc) to hold and operate them. The government formed ...
The proposal also would have given Repsol drilling rights to 6.4% of the massive Vaca Muerta shale-gas field. The board of Repsol unanimously rejected this offer, as it would have caused them to drop a $10.5 billion lawsuit that was in progress against the Argentine government. Repsol at the time owned 6.4% of YPF. [27]
The following year, NP purchased half of the assets of Esso in T&T. [3] It acquired the marketing and distribution assets of the Trinidad and Tobago Oil Company (formerly Shell Trinidad) in August 1974, [4] and became the sole government authorized distributor of refined petroleum in the country [3] [5] in 1976. [3]
A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws ...
Alfonso Cortina de Alcocer became president of the Spanish oil firm Repsol in 1996 despite his lack of experience in the petroleum industry. 1968–1982: Banco de Vizcaya Group (various positions including engineer, vice chairman, and managing director). 1984–1990: Portland Valderrivas (vice president). 1990–1996: Portland Valderrivas ...
At least two members of the board, up to one-third of the board's membership. Estonia: 0%: N/A: No general law Finland: Co-operation Act 2021 s 31 [10] 20%: 150: From 150 employees, there must be an agreement on employee representation. If there is none, employee representation automatically defaults to one-fifth of board members. France ...
The Huffington Post reached out to historians across the country to create a list of women who deserve more recognition for their accomplishments.
Full compliance was achieved by 2009. The percentage of female board members has since remained between 36% and 40%. [60] Iceland and Spain have introduced legislation requiring 40% of female board representation on publicly traded companies. [61] Finland requires 40% of state owned enterprises to have female directors for 40% of their board ...