Oil & Energy

Fire put out at major PetroChina refinery in Dalian

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BEIJING (Reuters) – A fire that broke out on Thursday at state oil major PetroChina’s plant in northeastern China, one of the country’s largest refineries, has been put out with no reported casualties, state media reported. The fire came just two months after the Dalian refinery finished a planned major maintenance. More than 600 firefighters Read More

TGS authorizes award of Performance Stock Units and Restricted Stock Units

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ASKER, NORWAY (17 August 2017) – The Board of Directors of TGS-NOPEC Geophysical Company ASA has authorized the award of PSUs (Performance Stock Units) and RSUs (Restricted Stock Units) to be granted to 70 key employees of the Company. The list of primary insiders receiving PSUs and RSUs is attached.  In accordance with the measures Read More

Montana wildfire triggers hundreds of evacuations

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(Reuters) – A lightning-sparked wildfire burning for more than a month in western Montana has flared anew, prompting the evacuation of nearly 750 homes on Thursday as firefighters braced for more hot and windy weather forecast for the weekend, authorities said. The so-called Lolo Peak fire, burning about 12 miles south of Missoula, has scorched Read More

Sanchez Energy Corporation Announces $105 Million Sale of Javelina Asset

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HOUSTON, Aug. 17, 2017 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (NYSE:SN) (the “Company”), today announced that it has entered into a definitive agreement to sell its Javelina asset in the Eagle Ford Shale for approximately $105 million in cash.   The transaction is subject to customary terms and conditions and is expected to close in the Read More

LINN Energy to Attend Barclays CEO Energy-Power Conference and Energy IPO Summit

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HOUSTON, Aug. 17, 2017 (GLOBE NEWSWIRE) — LINN Energy, Inc. (OTCQB:LNGG) (“LINN” or the “Company”) announced today that Mark E. Ellis, President and Chief Executive Officer, and David Rottino, Executive Vice President and Chief Financial Officer, will be available for one-on-one meetings with investors in New York at the Barclays CEO Energy-Power Conference on September Read More

Governor urges Trump to drop Virginia from offshore drilling plan

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WASHINGTON (Reuters) – Virginia Governor Terry McAuliffe urged the Trump administration to exclude his state from a federal offshore oil and gas drilling plan, citing concerns about revenue sharing and environmental issues, in a letter that his office revealed on Thursday. McAuliffe, a Democrat, had previously said that any federal drilling plan that includes his Read More

SAExploration Announces Revised Second Quarter 2017 Earnings Release and Conference Call Schedule

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HOUSTON, Aug. 17, 2017 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCQB:SXPLW) today announced plans to release its unaudited consolidated financial results for the second quarter ended June 30, 2017 on Monday, August 21, 2017 after close of trading. SAE has scheduled a conference call for Tuesday, August 22, 2017 at 10:00 a.m. ET to Read More

Superior Energy Services Announces Closing of Senior Notes Due 2024

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HOUSTON, Aug. 17, 2017 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. today announced that its wholly-owned subsidiary, SESI, L.L.C. (“SESI”), has closed its previously announced private offering to eligible purchasers of $500.0 million in aggregate principal amount of 7 3/4% Senior Notes due 2024 (the “2024 Notes”). The 2024 Notes were priced at par. SESI Read More

Superior Energy Services Issues Notice of Redemption for Its 6 3/8% Senior Notes Due 2019

8 hours ago DieselGasoil Comments Off on Superior Energy Services Issues Notice of Redemption for Its 6 3/8% Senior Notes Due 2019
HOUSTON, Aug. 17, 2017 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (“Superior”) today announced that its wholly-owned subsidiary, SESI, L.L.C. (“SESI”), has issued a notice (the “Redemption Notice”) to holders of its outstanding 6 3/8% Senior Notes due 2019 (the “2019 Notes”) of SESI’s intent to redeem all of the outstanding 2019 Notes on September Read More

Hundreds of mudslide victims buried in Sierra Leone, search for hundreds missing goes on

9 hours ago DieselGasoil Comments Off on Hundreds of mudslide victims buried in Sierra Leone, search for hundreds missing goes on
FREETOWN, Aug 17 (Reuters) – Burials began on Thursday for 300 people killed in Sierra Leone’s mudslide while the search for hundreds of others missing.. In a ceremony attended by President Ernest Bai Koroma, wooden coffins were lowered into hurriedly dug graves at a cemetery in Waterloo, as the country tried to begin recovering from Read More