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Equinor, partners fully align interests in Carcará oil discovery in Brazil

20 mins ago DieselGasoil Comments Off on Equinor, partners fully align interests in Carcará oil discovery in Brazil
6/19/2019 STAVANGER — Equinor and Barra Energia have completed their transaction announced on July 4, 2018, whereby Equinor has acquired Barra’s 10% interest in the BM-S-8 block in Brazil’s Santos basin for a total consideration of $379 million. Upon the completion of this transaction, Equinor, ExxonMobil and Galp have also completed the two further transactions Read More

Profire Energy Announces the Acquisition of Millstream Energy Products

16 hours ago DieselGasoil Comments Off on Profire Energy Announces the Acquisition of Millstream Energy Products
LINDON, Utah, June 18, 2019 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (“Profire Energy” or the “Company”) which creates, installs and services burner and chemical management solutions in the oil and gas industry, today announced that on June 12, 2019, its wholly-owned subsidiary, Profire Combustion, Inc., entered into a definitive agreement Read More

Hurricane Energy reports first lifting, oil sales from Lancaster EPS

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6/18/2019 SURREY — Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an operational update in relation to the Early Production System development of Lancaster field (Lancaster EPS). On June 18, 2019, Hurricane sold its first cargo, which was lifted from the Aoka Read More

CGG awarded contract for world’s largest OBN seismic project

1 day ago DieselGasoil Comments Off on CGG awarded contract for world’s largest OBN seismic project
6/18/2019 PARIS — Subsurface Imaging, part of CGG’s Geoscience division, has been awarded a landmark processing contract by the Abu Dhabi National Oil Company (ADNOC). Under its terms, CGG will perform high-end time and depth imaging of massive volumes of very high-spec data from what is believed to be the world’s largest ocean-bottom node (OBN) Read More

#Romanovs100 shortlisted in world’s top creative award: Cannes Lions

1 day ago DieselGasoil Comments Off on #Romanovs100 shortlisted in world’s top creative award: Cannes Lions
RT’s history project about the Romanov family is in the running for a Cannes Lions award in the ‘Branded Content for Digital/Social’ category, 2019. “Being nominated for two years in a row, making it into the Cannes Lions finals – and with educational projects… it’s very prestigious! #Romanovs100 is among the 10% of the best Read More

Interview: Inpex plans ‘countermeasures’ to ensure Middle East oil shipments – CEO

1 day ago DieselGasoil Comments Off on Interview: Inpex plans ‘countermeasures’ to ensure Middle East oil shipments – CEO
Kuruizawa, Japan — Japan’s largest upstream company Inpex, which pumps the majority of its equity crude production in the Middle East, has plans for “countermeasures” to protect its shipments should tensions in the region escalate in the wake of the recent ship attacks, President and CEO Takayuki Ueda told S&P Global Platts. Not registered? Receive Read More

Sotheby’s snapped up by French tycoon Drahi for $3.7 billion

2 days ago DieselGasoil Comments Off on Sotheby’s snapped up by French tycoon Drahi for $3.7 billion
PARIS/BOSTON (Reuters) – Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby’s in a deal worth $3.7 billion, marking the art auction house’s return to private ownership after 31 years. The acquisition allows Drahi to join French billionaire Francois Pinault – who owns Sotheby’s main rival Christie’s Read More

After Woodford fund suspension, focus turns to its stewards

2 days ago DieselGasoil Comments Off on After Woodford fund suspension, focus turns to its stewards
LONDON (Reuters) – The suspension of Neil Woodford’s flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly. FILE PHOTO: Neil Woodford, founder and fund manager at Woodford Investment Management, is seen in this undated handout picture released on June 10, 2019. Jonathan Atkins/Handout Read More

Iran says it will break nuclear deal and stockpile more uranium

2 days ago DieselGasoil Comments Off on Iran says it will break nuclear deal and stockpile more uranium
Iran has said its stockpile of low-enriched uranium will exceed internationally agreed limits within 10 days – a move that could heighten tensions with the US. Behrouz Kamalvandi, a spokesman for Iran’s nuclear agency, said the amount of uranium it stockpiles will now be “based on the country’s needs”. “We have quadrupled the rate of Read More