Pennpetro Energy's Interim Chair Transitions to Executive Chair Role

05:09 AM EST, 12/16/2025 (MT Newswires) -- UK energy projects developer Pennpetro Energy (PPP.L) said Tuesday it appointed its Chief Executive Officer and Interim Chairman Richard Spinks as executive chairman. Meanwhile, Chief Operations Officer Mavriky Kalugin was promoted to chief executive officer. Both appointments will take effect immediately.