Tullow agrees heads of terms for sale of Kenyan assets for $120 million

$80 million near-term cash receipts Option to back-in for 30% of potential future development phases at no cost Transaction with Gulf Energy, a leading Kenyan energy and infrastructure group Press Release – 15 April 2025 – Tullow Oil plc (Tullow) is pleased to announce that its wholly-owned subsidiary, Tullow Overseas Holdings BV, has signed a heads of terms agreement with Gulf Energy Ltd (the “Buyer”) to sell … Continue reading Tullow agrees heads of terms for sale of Kenyan assets for $120 million

Impact Newswire17/04/202517/04/2025

Untied Kingdom

Ricardo supports European Commission community energy project

Press Release – 15 April 2025 – Ricardo, a global energy, environment and engineering consultancy, is supporting the European Commission’s European Energy Communities Facility (EECF), an initiative by the European Climate, Infrastructure and Environment Executive Agency (CINEA). The EECF initiative aims to empower and support the development of emerging energy communities across the EU, Iceland and Ukraine. Through small lump sum grants, it will assist … Continue reading Ricardo supports European Commission community energy project

Impact Newswire17/04/202517/04/2025

Untied Kingdom

The impact of AI in education

Press Release – 14/04/2025 Commenting on the passing of motion 8 at Annual Conference in Harrogate, Daniel Kebede, general secretary of the National Education Union, said: “The increasing use of AI and the desire of big tech companies to expand their reach into state education means that it is really important that those working in education and their unions have a meaningful input into the development … Continue reading The impact of AI in education

Impact Newswire16/04/202516/04/2025

Untied Kingdom

Nikhil Rathi reappointed as Chief Executive of the Financial Conduct Authority

The Chancellor Rachel Reeves has confirmed the reappointment of Nikhil Rathi as Chief Executive of the Financial Conduct Authority (FCA) for a second five-year term until September 2030. Press Release – 10 April 2025 – Nikhil Rathi will lead the FCA as it continues to drive reform to make the UK the best place to do business by removing unnecessary, outdated and duplicate regulations – … Continue reading Nikhil Rathi reappointed as Chief Executive of the Financial Conduct Authority

Impact Newswire14/04/202514/04/2025

Europe, Untied Kingdom

HUL and NSRCEL-IIM-B launch ‘Climate Incubation Hub’

Press Release – 8 April 2025 – Hindustan Unilever Limited (HUL) in collaboration with the Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub at IIM Bangalore, has launched the Climate Incubation Hub. It is a collaborative programme between industry and academia to nurture Indian startups to advance climate innovations in India. The ‘Climate Incubation Hub’ aims to foster scalable solutions that address … Continue reading HUL and NSRCEL-IIM-B launch ‘Climate Incubation Hub’

Impact Newswire14/04/202514/04/2025

Untied Kingdom

EY announces large-scale integration of leading-edge AI technology into global Assurance technology platform

Press Release – 09 Apr 2025 – London – EY has announced the latest milestone in its groundbreaking US$1b, four-year Assurance technology investment – an industry-leading series of capabilities which bring artificial intelligence (AI) at scale to support the organization’s 160,000+ audit engagements around the world. The new releases are part of the EY organization’s ongoing audit transformation program and introduce new technology to its … Continue reading EY announces large-scale integration of leading-edge AI technology into global Assurance technology platform

Impact Newswire12/04/202512/04/2025

Untied Kingdom

AI Energy Council to ensure UK’s energy infrastructure ready for AI revolution

Industry heavyweights from the energy and technology sectors will descend on Whitehall today (8 April) for the first meeting of the UK’s new AI Energy Council. Press Release – 8 April 2025 – Co-chaired by the Technology and Energy Secretaries, today’s inaugural meeting will see members agree the council’s objectives with a key aim focused on how the government’s clean energy superpower mission, and its … Continue reading AI Energy Council to ensure UK’s energy infrastructure ready for AI revolution

Impact Newswire09/04/202509/04/2025

Untied Kingdom

Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganisation

Cassava Technologies (Cassava), a global technology leader of African heritage, proudly announces three significant milestones: a substantial equity injection, the successful completion of its South African Rand (ZAR) debt refinancing, and the finalisation of its legal reorganisation. These strategic initiatives position Cassava for robust growth underpinned by a strong balance sheet. Cassava has closed an equity investment round of $90 million with participation from U.S. … Continue reading Cassava Technologies Secures USD 310 Million in Funding and Completes Business Reorganisation

Impact Newswire05/04/202505/04/2025

Untied Kingdom

L&G appoints Paula Llewellyn as CEO, DC & Workplace Savings

Largest UK DC pension provider announces change to executive leadership team. Press Release – 24 Mar 2025 – L&G has appointed Paula Llewellyn as CEO, DC & Workplace Savings, effective 1 April 2025, subject to regulatory approval. In the newly created role, Paula will be working across L&G’s Retail and Asset Management businesses. She will be responsible for the combined growth of L&G’s DC & … Continue reading L&G appoints Paula Llewellyn as CEO, DC & Workplace Savings

Impact Newswire28/03/202528/03/2025