Oil & Energy

U.S. government calls for teens' climate change lawsuit to be halted

21 mins ago DieselGasoil Comments Off on U.S. government calls for teens' climate change lawsuit to be halted
(Reuters) – The U.S. government on Monday urged a federal appeals court to issue an order blocking a lawsuit over climate change brought by a group of Oregon teenagers, warning that allowing it to go forward could lead to a constitutional crisis. At a hearing before the U.S. Court of Appeals for the 9th Circuit Read More

California wildfire rages, threatens communities

51 mins ago DieselGasoil Comments Off on California wildfire rages, threatens communities
VENTURA, Calif. (Reuters) – Crews battling a massive wind-driven California wildfire that has torched nearly 1,000 buildings and charred an area larger than New York City on Monday struggled to protect communities menaced by flames along the state’s scenic coastline. Fire fighters attack the Thomas Fire’s north flank with backfires as they continue to fight Read More

Essential Energy Services Provides Details of the Positive Patent Litigation Decision

2 hours ago DieselGasoil Comments Off on Essential Energy Services Provides Details of the Positive Patent Litigation Decision
CALGARY, Alberta, Dec. 11, 2017 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX:ESN) (“Essential” or the “Company”) provides details of the positive patent litigation decision. On November 3, 2017, the Federal Court of Canada (the “Court”) rendered a decision in Essential’s favor with regard to a patent infringement proceeding commenced by Packers Plus Energy Services Read More

Netherlands confirms highly pathogenic bird flu outbreak: OIE

3 hours ago DieselGasoil Comments Off on Netherlands confirms highly pathogenic bird flu outbreak: OIE
PARIS (Reuters) – The Netherlands confirmed an outbreak of highly contagious bird flu in the Flevoland province that led to the culling of nearly 16,000 ducks, the World Organisation for Animal Health (OIE) said on Monday. The highly pathogenic H5N6 strain was discovered on a duck fattening farm in Biddinghuizen on Dec. 7 where it Read More

Ørsted completes the divestment of Borkum Riffgrund 2 offshore wind farm and now expects full-year EBITDA to come in around DKK 21 billion

5 hours ago DieselGasoil Comments Off on Ørsted completes the divestment of Borkum Riffgrund 2 offshore wind farm and now expects full-year EBITDA to come in around DKK 21 billion
Further to our company announcement issued on 7 August 2017, Ørsted has today completed the divestment of 50% of the Borkum Riffgrund 2 offshore wind farm to Global Infrastructure Partners (GIP). The acquisition price will be paid in 2017, and the EPC contract payments will be made during 2017 and 2018. With the completion of Read More

Inter Pipeline Announces December 2017 Cash Dividend

5 hours ago DieselGasoil Comments Off on Inter Pipeline Announces December 2017 Cash Dividend
CALGARY, Alberta, Dec. 11, 2017 (GLOBE NEWSWIRE) — Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) announced today the declaration of a cash dividend of $0.14 per share for December 2017. This dividend will be paid on or about January 15, 2018 to shareholders of record on December 22, 2017. This dividend is designated as an “eligible Read More

Strained firefighters brace for second week battling California wildfire

5 hours ago DieselGasoil Comments Off on Strained firefighters brace for second week battling California wildfire
SANTA BARBARA, Calif. (Reuters) – Crews battling a massive wind-driven California wildfire that has torched nearly 1,000 buildings and charred 230,500 acres braced on Monday to protect communities menaced by flames along the state’s scenic coastline. Fire fighters attack the Thomas Fire’s north flank with backfires as they continue to fight a massive wildfire north Read More

France awards climate grants to U.S.-based scientists on summit eve

5 hours ago DieselGasoil Comments Off on France awards climate grants to U.S.-based scientists on summit eve
PARIS (Reuters) – Emmanuel Macron plans to award multi-year grants for several U.S.-based scientists to relocate to France, his office said on Monday on the eve of a climate summit hosted by the president to raise finances to counter global warming. FILE PHOTO: French President Emmanuel Macron attends a news conference at the Elysee Palace Read More

VW sees 4-5 billion euros in outflows in 2018 due to dieselgate

5 hours ago DieselGasoil Comments Off on VW sees 4-5 billion euros in outflows in 2018 due to dieselgate
WOLFSBURG, Germany (Reuters) – Volkswagen (VOWG_p.DE) expects cash outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker’s Chief Financial Officer Frank Witter told journalists on Monday. FILE PHOTO: A Volkswagen logo is pictured at the International Auto Show in Mexico City, Mexico November 23, 2017. Read More

Marksmen Announces Operational Update

6 hours ago DieselGasoil Comments Off on Marksmen Announces Operational Update
CALGARY, Alberta, Dec. 11, 2017 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX-V:MAH) (OTCQB:MKSEF) and its wholly owned subsidiary, Marksmen Energy USA, Inc., announce the following update on wells in Ohio, USA. Hocking County – On November 27, 2017 Marksmen announced that it had entered into an agreement to acquire a 40% working interest Read More