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U.S. oil firms challenge pipeline surcharge for steel tariff

10 mins ago DieselGasoil Comments Off on U.S. oil firms challenge pipeline surcharge for steel tariff
HOUSTON (Reuters) – Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs. FILE PHOTO: Flags fly outside ConocoPhillips offices in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File Photo The United States imposed Read More

U.S. oil firms challenge pipeline surcharge for steel tariff: filing

4 hours ago DieselGasoil Comments Off on U.S. oil firms challenge pipeline surcharge for steel tariff: filing
HOUSTON (Reuters) – Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs. FILE PHOTO: Flags fly outside ConocoPhillips offices in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File Photo The United States imposed Read More

Argentina seeks to stabilize currency as oil companies fret about price freeze

6 hours ago DieselGasoil Comments Off on Argentina seeks to stabilize currency as oil companies fret about price freeze
Buenos Aires — Argentina’s newly installed economy minister, Hernan Lacunza, said Tuesday he will focus on stabilizing the currency as the key to pulling the country’s economy out of recession and reducing inflation, yet he will face pressure from oil companies who are concerned that a 90-day freeze on crude and refined product prices could Read More

CellCube Announces Closing of the Private Placement Financing of Units

17 hours ago DieselGasoil Comments Off on CellCube Announces Closing of the Private Placement Financing of Units
TORONTO, Aug. 20, 2019 (GLOBE NEWSWIRE) — CellCube Energy Storage Systems Inc. (“CellCube” or the “Company”) (CSE CUBE) (OTCQB CECBF) (Frankfurt 01X, WKN A2JMGP) is pleased to announce the closing of a private placement financing (the “Offering”) for gross proceeds of $224,900.10 through the issuance of 3,748,335 Units (each, a “Unit”) at a price of Read More

Hibernia production halted again following spill

1 day ago DieselGasoil Comments Off on Hibernia production halted again following spill
8/19/2019 ST. JOHNS, NEWFOUNDLAND – Shortly after 21:00 on Saturday, August 17, 2019, the Canada – Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB) was notified of an incident at the Hibernia platform where, as a result of the loss of main power generation, the facility experienced a discharge to sea when its deluge system inadvertently Read More

Petroteq Achieves Milestones in Emerging International Opportunities

1 day ago DieselGasoil Comments Off on Petroteq Achieves Milestones in Emerging International Opportunities
Receives Positive Lab Results on the Recovery of Oil from International Ore Samples Successful Testing Completed proving Oil Extraction and Recovery with QEM SHERMAN OAKS, Calif., Aug. 19, 2019 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands mining oil company with proprietary technology‎, Read More

Saturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation

2 days ago DieselGasoil Comments Off on Saturn Oil & Gas Announces Second Half 2019 Drilling Program, Option Grant and Updated Corporate Presentation
CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSXV: SOIL) (FSE: SMK) is pleased to confirm the commencement of its second half 2019 drilling program, an option grant and that an updated corporate presentation has been posted to its website. Second Half 2019 Drilling Program The Read More

Precision Announces Reduced 2019 Capital Expenditure Plan and Board Approval of Normal Course Issuer Bid

2 days ago DieselGasoil Comments Off on Precision Announces Reduced 2019 Capital Expenditure Plan and Board Approval of Normal Course Issuer Bid
CALGARY, Alberta, Aug. 19, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later Read More

Husky to Resume Full Production at White Rose

4 days ago DieselGasoil Comments Off on Husky to Resume Full Production at White Rose
CALGARY, Alberta, Aug. 16, 2019 (GLOBE NEWSWIRE) — Following an extensive investigation, flow line repairs, integrity testing and approval of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), Husky Energy (TSX:HSE) today announced it will resume production from the remaining two drill centres shut in following the November 2018 oil spill offshore Newfoundland and Labrador. Read More

Canadian petroleum agency approves Hibernia platform restart following spill

5 days ago DieselGasoil Comments Off on Canadian petroleum agency approves Hibernia platform restart following spill
8/16/2019 ST. JOHN’S, NEWFOUNDLAND – The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued approval to Hibernia Management and Development Company Ltd. (HMDC) to resume production operations at the Hibernia platform. Hibernia platform Since the spill occurred in mid-July, C-NLOPB staff have had extensive engagement with HMDC to discuss the cause of the spill, along Read More