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UK economy dodges no-deal Brexit hit, for now

22 hours ago DieselGasoil Comments Off on UK economy dodges no-deal Brexit hit, for now
LONDON (Reuters) – Britain’s economy has struggled beneath the weight of Brexit uncertainty for nearly three years, but many business leaders would probably be relieved just to have more of the same for the next few months. FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, 2018. REUTERS/Simon Dawson Read More

Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results

2 days ago DieselGasoil Comments Off on Macro Enterprises Inc. Announces 2018 Fourth Quarter and Year End Results
FORT ST. JOHN, British Columbia, March 21, 2019 (GLOBE NEWSWIRE) —   Summary of financial results   (thousands of dollars except per share amounts)   Three months ended December 31 Year ended December 31   2018 2017 2018 2017   (unaudited)              Revenues $ 137,595 $ 26,897   $ 191,060 Read More

Plant protein startups vie to tap China’s hungry market

2 days ago DieselGasoil Comments Off on Plant protein startups vie to tap China’s hungry market
(This March 20 story fixes detail on launch of JUST product in paragraph 5) FILE PHOTO: Journalists taste test the plant-based hamburgers during a media tour of Impossible Foods labs and processing plant in Redwood City, California, U.S. October 6, 2016. REUTERS/Beck Diefenbach/File Photo By Vincent Chow HONG KONG (Reuters) – Start-ups specialising in alternative Read More

Just Energy Advances Strategic Transformation with Cost Reduction Initiative

2 days ago DieselGasoil Comments Off on Just Energy Advances Strategic Transformation with Cost Reduction Initiative
TORONTO, March 21, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” or the “Company”) announced today the elimination of over 200 positions, equating to approximately $40 million in general and administrative savings in the upcoming Fiscal Year.  These actions are in direct alignment with Just Energy’s ongoing transition to a consumer Read More

OEA Comments on Ontario Government’s Energy Sector Reforms

2 days ago DieselGasoil Comments Off on OEA Comments on Ontario Government’s Energy Sector Reforms
TORONTO, March 21, 2019 (GLOBE NEWSWIRE) — The OEA wishes to congratulate the government for moving ahead with reforming the governance structure and accountability framework of the Ontario Energy Board (OEB) as recommended by the OEB Modernization Review Panel. The OEA looks forward to working with the provincial government in implementing its vision for the Read More

Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value

2 days ago DieselGasoil Comments Off on Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value
CHICAGO/TOKYO (Reuters) – Biogen Inc and partner Eisai Co Ltd are ending two late-stage trials of their experimental Alzheimer’s disease drug aducanumab, a major setback in the quest to find a treatment for the mind-wasting disease and a blow to Biogen, which lost more than $18 billion of its value on Thursday. Experts had seen Read More

Enwave and University Health Network team up to control energy costs, improve reliability and support patient care

3 days ago DieselGasoil Comments Off on Enwave and University Health Network team up to control energy costs, improve reliability and support patient care
TORONTO, March 20, 2019 (GLOBE NEWSWIRE) — Enwave Energy Corporation (Enwave) is working with the University Health Network (UHN) to connect the Princess Margaret Cancer Centre to Enwave’s Deep Lake Water Cooling (DLWC) system. DLWC draws cold water from Lake Ontario to cool buildings in Toronto’s downtown core. A sustainable alternative to traditional cooling towers Read More

Cardinal Energy Ltd. Announces Fourth Quarter 2018 Year-End Financial Results

4 days ago DieselGasoil Comments Off on Cardinal Energy Ltd. Announces Fourth Quarter 2018 Year-End Financial Results
CALGARY, Alberta, March 19, 2019 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2018. 2018 FINANCIAL HIGHLIGHTS Production for 2018 averaged 20,858 boe/d, an 11% increase over 2017. Fourth quarter production averaged 20,365 Read More

Rotork electric actuators used in U.S. shale oilfield pipeline’s solar solution

4 days ago DieselGasoil Comments Off on Rotork electric actuators used in U.S. shale oilfield pipeline’s solar solution
3/19/2019 Photo: Rotork IQ3 intelligent multi-turn electric actuators. BATH, UK — Rotork IQ3 intelligent multi-turn electric actuators have been specified for use in solar powered control stations for water gathering pipelines in the U.S. Located in the oilfields of West Texas and New Mexico, the intelligent systems allow for the remote operation of single-stage isolation Read More