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Baytex to Webcast Annual and Special Meeting of Shareholders

6 hours ago DieselGasoil Comments Off on Baytex to Webcast Annual and Special Meeting of Shareholders
CALGARY, Alberta, April 25, 2019 (GLOBE NEWSWIRE) — Baytex Energy Corp. (TSX, NYSE: BTE) will be holding its Annual and Special Meeting of Shareholders on Thursday, May 2, 2019 at the Calgary Petroleum Club, Devonian Room, 319 – 5th Avenue S.W., Calgary, Alberta, commencing at 3:00 p.m. (MDT). Following the meeting, Mr. Edward LaFehr, President and Read More

ExxonMobil acquires more exploration acreage offshore Namibia

8 hours ago DieselGasoil Comments Off on ExxonMobil acquires more exploration acreage offshore Namibia
4/25/2019 Namibia offshore. Photo: Azinam Ltd. IRVING — ExxonMobil has said it will increase its exploration acreage in Namibia with the addition of approximately 28,000 km2 (7 million net acres) following the signing of an agreement with the government of Namibia and the National Petroleum Corporation of Namibia (NAMCOR) for blocks 1710 and 1810, and farm-in Read More

Trump to postpone offshore oil expansion to 2020 post-election

8 hours ago DieselGasoil Comments Off on Trump to postpone offshore oil expansion to 2020 post-election
By Jennifer A. Dlouhy on 4/25/2019 Photo: U.S. President Donald Trump. WASHINGTON (Bloomberg) — The Trump administration is delaying its bid to expand oil drilling to new U.S. waters until after the 2020 election in response to opposition from coastal Republicans and a legal defeat, according to two people briefed on the matter. Administration officials Read More

Berry Petroleum Sees Minimal Impact From Proposed California Bill AB 345

9 hours ago DieselGasoil Comments Off on Berry Petroleum Sees Minimal Impact From Proposed California Bill AB 345
DALLAS, April 25, 2019 (GLOBE NEWSWIRE) — Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) today announced that on Monday, April 22, the California Assembly’s Natural Resources Committee passed Assembly Bill 345. The bill, which is sponsored by several environmental justice groups, is still in the early phases of the legislative process. As it is currently proposed, the Read More

Brent touches $75 per barrel after Europe halts Russian crude imports

9 hours ago DieselGasoil Comments Off on Brent touches $75 per barrel after Europe halts Russian crude imports
NEW YORK (Reuters) – Brent crude hit $75 per barrel on Thursday for the first time in nearly six months after quality concerns suspended some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran. FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, Read More

Brent rises to $75 per barrel after Europe suspends Russian crude exports

11 hours ago DieselGasoil Comments Off on Brent rises to $75 per barrel after Europe suspends Russian crude exports
NEW YORK (Reuters) – Brent crude touched $75 per barrel on Thursday for the first time in nearly six months as quality concerns halted some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran. FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

16 hours ago DieselGasoil Comments Off on GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution
Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More

Pieridae Energy Announces 2018 Year End Results, Progress Made on Goldboro LNG Project and Board Change

1 day ago DieselGasoil Comments Off on Pieridae Energy Announces 2018 Year End Results, Progress Made on Goldboro LNG Project and Board Change
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, April 24, 2019 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Corporation”) (PEA – TSXV) released its 2018 financial and operating results today, highlighting the fact it took some key steps forward last year in advancing its Goldboro Read More

Analysis: Chevron vs. Oxy: Who fits Anadarko better?

1 day ago DieselGasoil Comments Off on Analysis: Chevron vs. Oxy: Who fits Anadarko better?
By World Oil staff on 4/24/2019 HOUSTON — The third and latest offer (this time publicly) on Wednesday by Occidental Petroleum for Anadarko Petroleum has prompted a discussion among analysts as to whether the large independent’s assets are a better fit with Oxy or Chevron. Less than two weeks ago, Chevron announced that it had Read More

U.S. may not be able to offset Iran oil losses

1 day ago DieselGasoil Comments Off on U.S. may not be able to offset Iran oil losses
By Sheela Tobben on 4/24/2019 Photo: U.S. Secretary of State Mike Pompeo. NEW YORK (Bloomberg) — Secretary of State Mike Pompeo proclaimed America’s ability to help offset supply losses when the the U.S. vowed to stop any sales of Iranian crude. Maybe, but it would be a stretch. Oil condensate from the Eagle Ford shale Read More