newszine

U.S. Well Services, Inc. Enters into Exclusive Electric Motor Purchase Agreement with AmeriMex

13 hours ago DieselGasoil Comments Off on U.S. Well Services, Inc. Enters into Exclusive Electric Motor Purchase Agreement with AmeriMex
HOUSTON, June 25, 2019 (GLOBE NEWSWIRE) — U.S. Well Services, Inc. (NASDAQ: USWS) today announced that it has entered into an agreement with AmeriMex Motor & Controls, LLC. (“AmeriMex”), a subsidiary of Industrial Service Solutions. Under the terms of the agreement, AmeriMex will provide electric motors exclusively to USWS as it relates to electric hydraulic Read More

MEXCO ENERGY CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2019 AND PLANS FOR DEVELOPMENT OF PROPERTIES

1 day ago DieselGasoil Comments Off on MEXCO ENERGY CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2019 AND PLANS FOR DEVELOPMENT OF PROPERTIES
MIDLAND, TX, June 24, 2019 (GLOBE NEWSWIRE) — Mexco Energy Corporation (NYSE American: MXC) reported results on its Annual Report, Form 10-K to the Securities and Exchange Commission (“SEC”) for the fiscal year ended March 31, 2019. The Company reported a net loss of $12,946 or ($0.01) per diluted share, for fiscal year 2019, an Read More

Dirty water holds biggest promise, Jefferies says

1 day ago DieselGasoil Comments Off on Dirty water holds biggest promise, Jefferies says
By David Wethe on 6/24/2019 HOUSTON (Bloomberg) — For companies that haul oil and natural gas, the next big thing may be dirty water, according to Jefferies Group LLC. As booming U.S. oil production unleashes a torrent of contaminated water that rises to the surface with crude, pipeline operators may be in the best position Read More

ExxonMobil puts Norwegian business up for sale

1 day ago DieselGasoil Comments Off on ExxonMobil puts Norwegian business up for sale
London — ExxonMobil is looking at a possible sale of its remaining Norwegian upstream business, comprising minority stakes in 20 producing fields plus numerous license areas, it said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A sale would shake out a sizable share of Norwegian production even Read More

France prepares to swelter in record high June temperatures

1 day ago DieselGasoil Comments Off on France prepares to swelter in record high June temperatures
PARIS (Reuters) – Authorities in Paris are setting up “cool rooms” in municipal buildings, opening pools for late-night swimming and installing extra drinking fountains as France braces for a “potentially dangerous” heatwave that could see record temperatures for June. FILE PHOTO: A tourist cools down in the fountains of the Trocadero near the Eiffel tower, Read More

Archrock Announces Agreement to Acquire Elite Compression

2 days ago DieselGasoil Comments Off on Archrock Announces Agreement to Acquire Elite Compression
Acquiring approximately 430,000 of compression horsepower from Elite Compression Services for approximately $410 million in cash and Archrock common stock Reinforces focus on large horsepower compression serving midstream infrastructure with blue-chip customers Accretive to earnings and free cash flow per share and supports our path to achieving sub-4.0x leverage in 2020 Enhances basin density across Read More

Colorado producers highlight importance of community engagement under new bill

4 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

US oil, gas rig count drops 13 to 1,040 on week: S&P Global Platts Analytics

5 days ago DieselGasoil Comments Off on US oil, gas rig count drops 13 to 1,040 on week: S&P Global Platts Analytics
Houston — The US oil and gas rig count dropped by 13 to 1,040 week on week, S&P Global Platts Analytics said Thursday, continuing its see-sawing behavior that has characterized domestic unconventional activity since oil prices plummeted late last year. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Oil-directed Read More

Russia squeezing embattled Venezuela for tax-free gas expansion

5 days ago DieselGasoil Comments Off on Russia squeezing embattled Venezuela for tax-free gas expansion
By Fabiola Zerpa and Peter Millard on 6/20/2019 CARACAS and RIO DE JANEIRO (Bloomberg) — Russia’s state-controlled oil giant, Rosneft PJSC, is extracting concessions from crisis-ridden Venezuela to enter the offshore natural gas market on the cheap, a potential headache for the U.S. and Europe. An accord signed by both Russia and Venezuela earlier this month Read More