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Oil pulled two ways by economic slowdown, OPEC-led supply cuts

8 hours ago DieselGasoil Comments Off on Oil pulled two ways by economic slowdown, OPEC-led supply cuts
SINGAPORE (Reuters) – Oil prices were mixed on Monday, weighed by concerns that an economic downturn may dent fuel consumption, but supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, Read More

Profit v passenger safety: Why the US was the last to ground troubled Boeing jets

1 day ago DieselGasoil Comments Off on Profit v passenger safety: Why the US was the last to ground troubled Boeing jets
Despite two deadly crashes in five months the US Federal Aviation Administration (FAA) and Boeing insisted on the airworthiness of the 737 Max. It wasn’t until the rest of the world grounded the plane that the US finally conceded. Airplane manufacturers and airlines commonly base their decisions on passenger safety versus the companies’ economic interests. Read More

Cash v safety: Why the US was the last to ground troubled Boeing passenger jets

1 day ago DieselGasoil Comments Off on Cash v safety: Why the US was the last to ground troubled Boeing passenger jets
Despite two deadly crashes in five months the US Federal Aviation Administration (FAA) and Boeing insisted on the airworthiness of the 737 Max. It wasn’t until the rest of the world grounded the plane that the US finally conceded. Airplane manufacturers and airlines commonly base their decisions on passenger safety versus the companies’ economic interests. Read More

TransCanada Provides Series 7 Preferred Shares Conversion Right and Dividend Rate Notice

3 days ago DieselGasoil Comments Off on TransCanada Provides Series 7 Preferred Shares Conversion Right and Dividend Rate Notice
CALGARY, Alberta, March 15, 2019 (GLOBE NEWSWIRE) — TransCanada Corporation (TSX:TRP) (NYSE:TRP)  (TransCanada) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) on April 30, 2019. As a result, subject to certain conditions, the holders of Series 7 Shares have Read More

TransGlobe Energy Corporation Announces Year End 2018 Financial and Operating Results

5 days ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces Year End 2018 Financial and Operating Results
CALGARY, Alberta, March 13, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. TransGlobe Read More

TransGlobe Energy Corporation Announces Declaration of Dividend and Board of Directors Transitions

6 days ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces Declaration of Dividend and Board of Directors Transitions
AIM & TSX:  “TGL” & NASDAQ:  “TGA” This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now considered to be in the public domain. CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” Read More

Insurers face large claims after second Boeing 737 MAX crash

7 days ago DieselGasoil Comments Off on Insurers face large claims after second Boeing 737 MAX crash
(Reuters) – Boeing Co’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, insurance and aviation sources said. Relatives and friends of Sara Gebremichael, 38, a senior hostess and a crew leader on Read More

Gran Tierra Energy Inc. Announces Approval of Normal Course Issuer Bid and Establishment of Automatic Securities Purchase Plan

1 week ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Approval of Normal Course Issuer Bid and Establishment of Automatic Securities Purchase Plan
CALGARY, Alberta, March 11, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American: GTE)(TSX:GTE)(LSE:GTE) today announces that it has received approval from the Toronto Stock Exchange (“TSX”) to implement a normal course issuer bid (the “NCIB”) through the facilities of the TSX and eligible alternative trading platforms in Canada Read More

U.S. SEC to review stock trading rules in big potential shakeup

1 week ago DieselGasoil Comments Off on U.S. SEC to review stock trading rules in big potential shakeup
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in a decade-and-a-half, the head of the agency said on Friday. FILE PHOTO: Traders work on the floor of the New York Stock Exchange Read More

Exclusive: SEC scrutinizes fairness of stock exchange pricing

2 weeks ago DieselGasoil Comments Off on Exclusive: SEC scrutinizes fairness of stock exchange pricing
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is investigating whether the multi-tiered pricing system used by stock exchanges favors large brokers at the expense of small ones, according to a person familiar with the matter. FILE PHOTO: Jay Clayton, Chairman of the Securities and Exchange Commission, speaks during an interview with CNBC Read More