newszine

ExxonMobil’s Gulf of Mexico sale draws interest from Repsol, Ineos

7 hours ago DieselGasoil Comments Off on ExxonMobil’s Gulf of Mexico sale draws interest from Repsol, Ineos
By Kiel Porter, Rodrigo Orihuela and Kelly Gilblom on 5/19/2019 Photo: Gulf of Mexico Map, www.welt-atlas.de. CHICAGO, MADRID and LONGON (Bloomberg) — ExxonMobil Corp. has drawn interest from Repsol SA and closely held U.K. petrochemical company Ineos Group Holdings in a package of oil fields it’s selling in the Gulf of Mexico, according to people Read More

US warns airlines risk ‘miscalculation or misidentification’ over Persian Gulf

2 days ago DieselGasoil Comments Off on US warns airlines risk ‘miscalculation or misidentification’ over Persian Gulf
In a chilling reminder of the downing of Iran Air flight 655 by a US missile, an FAA notice said civilian aircraft flying over the Persian Gulf and the Gulf of Oman are currently at risk of “miscalculation or misidentification.” A Notice to Airmen (NOTAM) published by the US Federal Aviation Administration (FAA) late on Read More

Jones Energy, Inc. Emerges From Chapter 11 Thirty‑Three Days After Voluntarily Filing for Bankruptcy Protection; Announces New $225 Million Borrowing Base Agreement

2 days ago DieselGasoil Comments Off on Jones Energy, Inc. Emerges From Chapter 11 Thirty‑Three Days After Voluntarily Filing for Bankruptcy Protection; Announces New $225 Million Borrowing Base Agreement
AUSTIN, Texas, May 17, 2019 (GLOBE NEWSWIRE) — Jones Energy, Inc. (OTC Pink: JEII) (“Jones Energy” or the “Company”) today announced that it is emerging from bankruptcy. The Company emerges following satisfaction of all of the conditions to effectiveness under the Company’s prepackaged chapter 11 plan (the “Plan”), previously confirmed by the United States Bankruptcy Read More

Falcon Oil & Gas Ltd. – Results of Placing

2 days ago DieselGasoil Comments Off on Falcon Oil & Gas Ltd. – Results of Placing
THIS ANNOUNCEMENT (INCLUDING THE APPENDIX) AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, BY ANY MEANS OR MEDIA, IN OR INTO OR FROM THE UNITED STATES (OR TO ANY US PERSONS), AUSTRALIA, NEW ZEALAND, JAPAN OR THE REPUBLIC OF SOUTH Read More

Total eyed Anadarko asset for a year before $8.8 billion-deal

2 days ago DieselGasoil Comments Off on Total eyed Anadarko asset for a year before $8.8 billion-deal
By Stephen Cunningham on 5/17/2019 Photo: Patrick Pouyanné, chairman and CEO of Total. WASHINGTON (Bloomberg) — Total SA had an eye on Anadarko Petroleum Corp.’s assets in Africa for over a year, Total CEO Patrick Pouyanne said. So, as Occidental Petroleum Corp. CEO Vicki Hollub raised the stakes in a bidding war for Anadarko with Read More

Don’t laugh at Koons’ Rabbit selling for $91 million – get angry at economic system that enables it

2 days ago DieselGasoil Comments Off on Don’t laugh at Koons’ Rabbit selling for $91 million – get angry at economic system that enables it
Nothing illustrates unequal gains from globalized capitalism like the soaring prices in the art world, where those who have already bought all the mansions, private jets and super yachts park their wealth in meaningless baubles. When you saw that New York artist Jeff Koons’ faceless chrome Rabbit from 1986 fetched $91 million at an auction Read More

Centennial Resource Development to Present at the UBS Global Oil and Gas Conference

3 days ago DieselGasoil Comments Off on Centennial Resource Development to Present at the UBS Global Oil and Gas Conference
DENVER, May 17, 2019 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith, Vice President and Chief Operating Officer, is scheduled to present at the UBS Global Oil and Gas Conference in Austin, Texas on Tuesday, May 21, 2019 at 2:00 p.m. Central. The live Read More

PDC Energy Mails Letter to Shareholders

3 days ago DieselGasoil Comments Off on PDC Energy Mails Letter to Shareholders
Urges Shareholders to Vote “FOR” All Three of Company’s Nominees on the WHITE Proxy Card Highlights Proven Track Record of Operational Excellence; Addresses Kimmeridge’s Inaccurate, Misleading, and Disingenuous Claims DENVER, May 17, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) today mailed a letter to shareholders in connection with its Read More