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Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan

1 day ago DieselGasoil Comments Off on Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan
SAO PAULO (Reuters) – U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according to a legal document seen by Reuters. FILE PHOTO: An Airbus A318-100 airplane of Avianca Brazil flies over the Read More

Ex-President Cristina Kirchner to run for vice president in October

3 days ago DieselGasoil Comments Off on Ex-President Cristina Kirchner to run for vice president in October
Cristina Fernandez de Kirchner will be on the ticket for the presidential election in Argentina, which will be held in October, the former president of the country announced, confirming long-running speculation. Kirchner, who served as Argentina’s head of state for two terms between 2007 and 2015, will be seeking the office of vice president. The Read More

Russian vodka, chocolate & wine in demand … in Argentina?

4 days ago DieselGasoil Comments Off on Russian vodka, chocolate & wine in demand … in Argentina?
Products made in Russia, such as wine, vodka and chocolate, could be in high demand on the shelves of Argentinean shops, said a member of the Chamber of Deputies of the National Congress of Argentina, Carlos Gaston Roma. “Russian wine has a different flavor … If you go to a wine boutique in Argentina, you Read More

Shawcor Ltd. Announces First Quarter 2019 Results

1 week ago DieselGasoil Comments Off on Shawcor Ltd. Announces First Quarter 2019 Results
First quarter 2019 revenue was $350 million, a decrease of 1% from the $354 million reported in the fourth quarter of 2018 and in line with the $351 million reported in the first quarter of 2018. Adjusted EBITDA1 in the first quarter of 2019 was $28 million, which reflects a positive impact from the adoption Read More

Merkel forced to swap planes again as van rams her jet (PHOTOS)

1 week ago DieselGasoil Comments Off on Merkel forced to swap planes again as van rams her jet (PHOTOS)
A van grazed German Chancellor Angela Merkel’s parked government jet, damaging the plane’s hull. Merkel was not on board at the time, but the incident is the latest in a series involving German government aircraft. The van, a Renault Trafic, rolled into the Bombardier Global 5000 jet at Dortmund airport on Monday afternoon. Three crew Read More

Merkel forced to swap planes again as van rams her jet

1 week ago DieselGasoil Comments Off on Merkel forced to swap planes again as van rams her jet
A van grazed German Chancellor Angela Merkel’s parked government jet, damaging the plane’s hull. Merkel was not on board at the time, but the incident is the latest in a series involving German government aircraft. The van, a Renault Trafic, rolled into the Bombardier Global 5000 jet at Dortmund airport on Monday afternoon. Three crew Read More

Cubility and Argentina-based firm partner to distribute MudCube

1 week ago DieselGasoil Comments Off on Cubility and Argentina-based firm partner to distribute MudCube
5/13/2019 Photo: MudCube by Cubility. STAVANGER — Cubility AS, a leading provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has announced an exclusive partnership with Argentinian solids control specialists Polyar SA to market, sell and support its MudCube solution across Argentina. In kicking off the partnership, Cubility is Read More

Cubility and Argentina-based firm partner to distribut MudCube

1 week ago DieselGasoil Comments Off on Cubility and Argentina-based firm partner to distribut MudCube
5/13/2019 Photo: MudCube by Cubility. STAVANGER — Cubility AS, a leading provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has announced an exclusive partnership with Argentinian solids control specialists Polyar SA to market, sell and support its MudCube solution across Argentina. In kicking off the partnership, Cubility is Read More

Details and analysis: Weatherford uses Chapter 11 restructuring to gain breathing room

1 week ago DieselGasoil Comments Off on Details and analysis: Weatherford uses Chapter 11 restructuring to gain breathing room
By World Oil Staff on 5/13/2019 Photo: Weatherford President and CEP Mark McCollum. HOUSTON – One of the world’s largest oilfield services companies filed for Chapter 11 Bankruptcy protection on Friday, and the move may finally give Weatherford International plc enough room/time to turn around its struggling operations. The firm announced that it has executed Read More

Renewables venture Total Eren growing faster than expected, says CEO

1 week ago DieselGasoil Comments Off on Renewables venture Total Eren growing faster than expected, says CEO
PARIS (Reuters) – Total Eren could surpass its target of more than 3.6 gigawatts (GW) of installed renewable solar, wind and hydropower capacity by 2022, from about 2.2 GW today, as it continues to grow faster than expected, CEO David Corchia said. FILE PHOTO: Power-generating windmill turbines are pictured at sunset at a wind park Read More