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BHGE, C3.ai announce JV to deliver AI solutions across the oil and gas industry

2 hours ago DieselGasoil Comments Off on BHGE, C3.ai announce JV to deliver AI solutions across the oil and gas industry
6/24/2019 HOUSTON and REDWOOD — Baker Hughes, a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry. AI in the oil Read More

HSBC sees oil markets tightening in H2 despite recent weakness

5 hours ago DieselGasoil Comments Off on HSBC sees oil markets tightening in H2 despite recent weakness
London — Global oil markets will likely tighten during the second half of the year, supporting prices, driven by the expected extension of OPEC output cuts, a pickup in demand and rising geopolitical risks, HSBC said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Trimming its 2019 Brent Read More

Lords of the Ring: Can ‘smart’ ring give BlackRock fund managers the edge?

2 days ago DieselGasoil Comments Off on Lords of the Ring: Can ‘smart’ ring give BlackRock fund managers the edge?
LONDON (Reuters) – After years of using the internet, satellites, algos and other innovations to mine ‘Big Data’ for that edge over rivals, the world’s biggest investment firm is trialing a gizmo that puts the focus back on humans — its own portfolio managers. FILE PHOTO: A sign for BlackRock Inc hangs above their building Read More

Lords of the Ring: Can ‘smart’ ring give BlackRock fund managers the edge?

3 days ago DieselGasoil Comments Off on Lords of the Ring: Can ‘smart’ ring give BlackRock fund managers the edge?
LONDON (Reuters) – After years of using the internet, satellites, algos and other innovations to mine ‘Big Data’ for that edge over rivals, the world’s biggest investment firm is trialing a gizmo that puts the focus back on humans — its own portfolio managers. FILE PHOTO: A sign for BlackRock Inc hangs above their building Read More

Colorado producers highlight importance of community engagement under new bill

3 days ago DieselGasoil Comments Off on Colorado producers highlight importance of community engagement under new bill
Highlights SB 181 gives more authority to local governments Nine DJ communities have enacted moratoriums Denver — Following the passage of a Colorado state law giving more power to local governments over the issuance of drilling permits, producers find community engagement more important than ever. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

NYMEX RBOB rallies nearly 7 cents following PES refinery fire

3 days ago DieselGasoil Comments Off on NYMEX RBOB rallies nearly 7 cents following PES refinery fire
Highlights Philadelphia FD: PES fire ‘not under control, but contained’ Transatlantic clean tanker rates jump on import expectations Physical reaction muted as traders adopt wait and see approach New York — Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX refined products settled at a three-week high amid supply Read More

Pompeo to push Iran pressure campaign, oil sanctions compliance while in India: State official

3 days ago DieselGasoil Comments Off on Pompeo to push Iran pressure campaign, oil sanctions compliance while in India: State official
Highlights US, other suppliers have alleviated loss of Iranian barrels Trump talks with Saudi crown prince about oil market “stability” Trump says sanctions ‘biting’ after aborted strike Washington — US Secretary of State Mike Pompeo will travel to India next week, but will offer no relief from oil sanctions to what was a top Iranian Read More

RBOB surges following explosion at PES Philadelphia refinery

3 days ago DieselGasoil Comments Off on RBOB surges following explosion at PES Philadelphia refinery
New York — NYMEX RBOB futures rose sharply Friday following an explosion and subsequent fire overnight at Philadelphia Energy Solutions’ 335,000 b/d refinery in Pennsylvania. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX July RBOB was up 5.88 cents at $1.8451/gal and July ULSD was 2.81 cents higher Read More

Shareholders Approve the Transaction of TGS to Acquire Spectrum

3 days ago DieselGasoil Comments Off on Shareholders Approve the Transaction of TGS to Acquire Spectrum
Asker, Norway (21 June 2019) – Following the announcement on 20 May 2019 concerning the merger plan between TGS-NOPEC Geophysical Company ASA and Spectrum ASA, an extraordinary general meeting of TGS was held today at the offices of the law firm Schjødt, at Ruseløkkveien 16, in Oslo at 17:00 CET. All resolutions proposed were approved Read More

NYMEX RBOB surges 3.7% on Philadelphia refinery fire

3 days ago DieselGasoil Comments Off on NYMEX RBOB surges 3.7% on Philadelphia refinery fire
London — US gasoline prices surged Friday as Philadelphia Energy Solutions’ 335,000 b/d refinery in Pennsylvania caught fire after a series of explosions. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX RBOB was trading at 185.28 cents/gal at 1107 GMT, up 3.7% from the overnight settle. NBC-10 Philadelphia Read More