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UK: Hurricane Energy announces proposed financial restructuring 03 May 2021 Hurricane Energy, the UK based oil and gas company, has provided an update on the previously announced stakeholder engagement process and discloses operational and financial projections which have been shared with an ad hoc group of bondholders (the 'Ad Hoc Committee'), holding in aggregate approx. 69% by value of the Company's $230 million convertible bonds due 24 July 2022 as part of business planning, financing and balance sheet restructuring discussions. As part of this process, in recent months, the Company has b...

Ministers were worried that the UK’s international reputation would be damaged if Scotland left the UK and took all the oil with it LABOUR ministers drew up secret plans to hive off Shetland – and possibly Orkney – from an independent Scotland as well as to change maritime borders in order to bring North Sea oil into “English waters” as part of a covert campaign to scupper independence, it has emerged. Newly released documents from the late 1970s reveal the government led by Jim Callaghan (below) created a clandestine “publicity and propaganda” unit to counter the SNP. The...

Antarctica's Cruise Season Will Look Different This Year Janice Wald Henderson © Courtesy Quark Expeditions Antarctica has become one of the world's most coveted travel destinations in recent years, with visitors growing annually. This past year was set to be a record—until travel was halted due to the pandemic. Now, with travel picking up as vaccinations continue, and cruising resumes in various pockets globally, travelers are wondering: will they get to hike by honking penguins, bounce in Zodiacs, and ogle Tiffany-blue ice sculptures as breaching whales splash later this...

Horse & Hound Trending: Credit: Steven Haywood In this week’s issue of H&H (out today, 8 April), we spend some time at the home of breeders Julian Walters and David Hodge, who run the Sharptor, Halstock and Blacketor prefixes from their stud in Okehampton on the edge of Dartmoor in Devon. Breeding Shetlands, Dartmoors and most recently Exmoors, Julian and David are on a mission to breed  “proper”, true-to-type natives for the ridden market.  Take a look around their set-up, placed slap bang in the middle of some of the country’s most glorious landscape: Breeders David H...

sanatoriums sanction To sanction (verb) something is to approve it; to impose sanctions (noun) is to stop something you disapprove of. So politicians might sanction (permit) the use of sanctions (forbidding) trade with a country they don’t, for the moment, happen to like very much. OED definitions of the noun “sanction” involve penalties or coercion, typically to enforce a law or treaty. So you find “sanction-breaker” (quoted from the Guardian in connection with sanctions against Rhodesia in 1968). Rather chillingly, a draft 1993 addition to the dictionary includes a new definition:...