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W&T believes still sizable upside left in US Gulf of Mexico Mahogany Field

6 days ago DieselGasoil Comments Off on W&T believes still sizable upside left in US Gulf of Mexico Mahogany Field
Denver — Sees 100 million barrels of additional reserves Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Field production is currently 15,500 boe/d Will close soon on ExxonMobil’s Mobile Bay assets Pure-play US Gulf of Mexico operator W&T Offshore believes it has a lot more proved reserves at its Read More

Wall Street slides on geopolitical, recession fears

1 week ago DieselGasoil Comments Off on Wall Street slides on geopolitical, recession fears
NEW YORK (Reuters) – U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions spooked investors away from equities and the extended U.S.-China trade war stoked fears of impending global recession. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 12, 2019. REUTERS/Eduardo Munoz Read More

Perseids meteor shower to peak Monday night with stunning FIREBALL displays

1 week ago DieselGasoil Comments Off on Perseids meteor shower to peak Monday night with stunning FIREBALL displays
It’s that time of year again, when the spectacular Perseid meteor shower rains fire across the night sky. The days-long fireball fiesta is expected to peak this evening with an estimated 80 shooting stars per hour at its height. idely seen as one of the most entertaining celestial events of the year, the Perseids meteor Read More

S&P 500 posts biggest daily gain in two months as rebound continues

2 weeks ago DieselGasoil Comments Off on S&P 500 posts biggest daily gain in two months as rebound continues
NEW YORK (Reuters) – The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields. All major sectors advanced at least 1%, and the S&P 500 technology index, which was at the heart of the Read More

Wall Street jumps, with tech leading the advance

2 weeks ago DieselGasoil Comments Off on Wall Street jumps, with tech leading the advance
NEW YORK (Reuters) – U.S. stocks jumped on Thursday, led by a more than 2% gain in technology shares, while better-than-expected economic data in the United States and China helped to offset worries about the trade war. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Covia Closes the Sale of Its Calera Lime Facility for $135 Million

3 weeks ago DieselGasoil Comments Off on Covia Closes the Sale of Its Calera Lime Facility for $135 Million
INDEPENDENCE, Ohio, Aug. 01, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, announced that effective today, it has closed on the sale of its Calera, Alabama lime processing facility to Mississippi Lime Company. Gross proceeds are $135.0 million in cash, subject to certain Read More

U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings

3 weeks ago DieselGasoil Comments Off on U.S. stocks bounce back; dollar climbs on GDP data, upbeat earnings
NEW YORK (Reuters) – The S&P 500 and the Nasdaq hit fresh intraday highs and the dollar reached a two-month peak on Friday as strong economic data and a stream of upbeat earnings reports stoked investor sentiment. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., Read More

U.S. to pay farmers up to $16 billion for trade war losses, South to benefit

4 weeks ago DieselGasoil Comments Off on U.S. to pay farmers up to $16 billion for trade war losses, South to benefit
WASHINGTON/CHICAGO (Reuters) – The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, officials said on Thursday, with farmers in the South poised to see higher rates than in the Midwest. FILE PHOTO: U.S. Secretary of Agriculture Sonny Read More

U.S. to pay farmers $15-$150 per acre from August, part of $16-billion trade aid

4 weeks ago DieselGasoil Comments Off on U.S. to pay farmers $15-$150 per acre from August, part of $16-billion trade aid
WASHINGTON/CHICAGO (Reuters) – The U.S. government will pay American farmers between $15 to $150 per acre starting from mid- to late-August, Department of Agriculture officials said on Thursday, as part of its $16-billion aid package to compensate those hurt by the trade war with China. FILE PHOTO: U.S. Secretary of Agriculture Sonny Perdue speaks during Read More