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Sequa Petroleum N.V. Bonds and Business Development Update

4 hours ago DieselGasoil Comments Off on Sequa Petroleum N.V. Bonds and Business Development Update
As reported in press releases of Sequa Petroleum N.V.  (the “Company”) (14 November 2016, 17 March, 15 May and 14 November 2017, and 15 May and 14 November 2018), a number of potential defaults have occurred with respect to the Company’s USD 300,000,000 5.00 per cent Convertible Bonds due 2020 of which USD 204,400,000 in Read More

BHP has reported its second-half 2018 operations review

13 hours ago DieselGasoil Comments Off on BHP has reported its second-half 2018 operations review
1/21/2019 HOSUTON — Below are the highlights of BHP’s second-half 2018 upstream operations review: Full year unit costs for all major assets are expected to be in line with guidance(2), predominantly reflecting stronger anticipated volumes in the second half of the year. However, unit costs were tracking above full year guidance at the December 2018 Read More

Asset managers brace for more job cuts amid market turbulence

22 hours ago DieselGasoil Comments Off on Asset managers brace for more job cuts amid market turbulence
LONDON/NEW YORK (Reuters) – Turmoil on financial markets is expected to deepen layoffs and accelerate acquisitions in the fund management industry. FILE PHOTO: People walk through the financial district during rainy weather in London, Britain, September 23, 2018. REUTERS/Henry Nicholls/File Photo BlackRock (BLK.N), the world’s largest money manager, and industry No. 3 State Street (STT.N) Read More

EMGS: Multi-client revenues from the APA 2018 awards

22 hours ago DieselGasoil Comments Off on EMGS: Multi-client revenues from the APA 2018 awards
On 15 January 2019, the Norwegian Ministry of Petroleum and Energy (the “MPE”) announced the awards of new production licenses through the Awards in Pre-defined Areas (APA 2018) licensing round. Based on the offered awards, Electromagnetic Geoservices ASA (the “Company” or “EMGS”), expects to realise net uplift revenues of approximately USD 2 million. The APA Read More

Lockheed sees potential exports of 200 F-16 jets from proposed Indian plant

23 hours ago DieselGasoil Comments Off on Lockheed sees potential exports of 200 F-16 jets from proposed Indian plant
NEW DELHI (Reuters) – Lockheed Martin (LMT.N) sees a potential export market of more than $20 billion for its F-16 fighter aircraft from an assembly line in India it has offered to set up in order to win a large Indian military order, a top executive said. FILE PHOTO: A U.S. F-16 aircraft makes a Read More

Tenaris completes acquisition of significant stake in Saudi Steel Pipe Company

1 day ago DieselGasoil Comments Off on Tenaris completes acquisition of significant stake in Saudi Steel Pipe Company
LUXEMBOURG, Jan. 21, 2019 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today that it closed its previously-announced acquisition from a private group of 47.79% of the shares of Saudi Steel Pipe Company (“SSP”), a welded steel pipes producer listed on the Saudi stock market, for a Read More

Global FDI skids 19 percent on Trump tax reform, may rebound in 2019 – U.N.

1 day ago DieselGasoil Comments Off on Global FDI skids 19 percent on Trump tax reform, may rebound in 2019 – U.N.
GENEVA (Reuters) – Global foreign direct investment (FDI) fell 19 percent last year to an estimated $1.2 trillion, largely caused by U.S. President Donald Trump’s tax reforms, the United Nations trade and development agency UNCTAD said on Monday. FILE PHOTO: Part of a facade of a future urban project of Iraqi-British architect Zaha Hadid is Read More

Falcon Oil & Gas Ltd. – 2019 Beetaloo Drilling Programme – Rig Contract Signed

1 day ago DieselGasoil Comments Off on Falcon Oil & Gas Ltd. – 2019 Beetaloo Drilling Programme – Rig Contract Signed
FALCON OIL & GAS LTD. (“Falcon”) 2019 Beetaloo Drilling Programme – Rig Contract Signed 21 January 2019 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG, ESM: FAC) is very pleased to announce that Origin Energy B2 Pty Ltd. (“Origin”), our joint venture (“JV”) partner and Operator of the Beetaloo project, in the Northern Territory, Read More

CGG : Démarre une Étude Multi-Clients au Gabon en Amont de la 12ème Mise aux Enchères de Blocs d’Exploration

1 day ago DieselGasoil Comments Off on CGG : Démarre une Étude Multi-Clients au Gabon en Amont de la 12ème Mise aux Enchères de Blocs d’Exploration
CGG Démarre une Étude Multi-Clients au Gabon en Amont de la 12ème Mise aux Enchères de Blocs d’Exploration Paris, France – le 21 janvier 2019 Fort du succès de son étude 3D BroadSeis(TM) de 25 000 km2, qui a donné lieu aux récentes découvertes pétrolières de Boudji-1 et Ivela-1, CGG étend sa bibliothèque de données multi-clients Read More