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Billionaire seeks to replace 40% of Occidental’s board of directors

9 hours ago DieselGasoil Comments Off on Billionaire seeks to replace 40% of Occidental’s board of directors
7/19/2019 HOUSTON – Carl Icahn formally asked Occidental Petroleum Corp. investors to help him replace four of the company’s 10 directors and potentially push for a sale. Icahn and Occidental Chief Executive Officer Vicki Hollub spoke three times in the last six weeks both by phone and in person to discuss his ideas about corporate Read More

CrossAmerica Partners LP Maintains Quarterly Distribution

1 day ago DieselGasoil Comments Off on CrossAmerica Partners LP Maintains Quarterly Distribution
Allentown, July 18, 2019 (GLOBE NEWSWIRE) — CrossAmerica Partners LP Maintains Quarterly Distribution Quarterly distribution of $0.5250 per unit attributable to the second quarter of 2019 ALLENTOWN, PA (July 18, 2019) – CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5250 Read More

MAN Energy Solutions awarded subsea compression FEED order

2 days ago DieselGasoil Comments Off on MAN Energy Solutions awarded subsea compression FEED order
7/17/2019 ZURICH – MAN Energy Solutions has been awarded a contract to support the FEED study of a subsea compression solution for the Chevron-operated Jansz-Io field in Western Australia. “We are very proud to work with our alliance partner Aker Solutions on the Jansz-Io field development project for Chevron Australia,” says Uwe Lauber, CEO of Read More

Permian watch: America’s hottest shale play is slowing down

2 days ago DieselGasoil Comments Off on Permian watch: America’s hottest shale play is slowing down
By Ryan Collins on 7/17/2019 HOUSTON (Bloomberg) –The engine of America’s shale boom is beginning to sputter. Slowing Growth The almost relentless thrust that has doubled crude output from the Permian basin in three years is showing some signs of waning. Oil flows from the formation spanning West Texas and New Mexico are set to Read More

BOURBON s’associe à PEUGEOT Design Lab pour le design des futures cabines de ses navires passagers

4 days ago DieselGasoil Comments Off on BOURBON s’associe à PEUGEOT Design Lab pour le design des futures cabines de ses navires passagers
COMMUNIQUÉ DE PRESSE16 Juillet 2019        BOURBON s’associe à PEUGEOT Design Lab pour le design des futures cabines de ses navires passagers Bourbon Mobility, leader du transport maritime de personnel à l’Offshore, propose à ses clients des services inspirés de l’aviation. Ses futures cabines seront déclinées en une gamme de 3 types de confort, « Business Class Read More

BOURBON Press Release: BOURBON partners with PEUGEOT Design Lab to design new cabins for its Crew boats

4 days ago DieselGasoil Comments Off on BOURBON Press Release: BOURBON partners with PEUGEOT Design Lab to design new cabins for its Crew boats
PRESS RELEASE16 July 2019        BOURBON partners with PEUGEOT Design Lab to design new cabins for its Crew boats Bourbon Mobility, leader in offshore personel transport, proposes services inspired by the aviation industry for its customers. Future cabins will be developed in a range of 3 levels of comfort: “Business Class”, “Premium” and “Eco”. Bourbon Read More

Chevron seeks to turn Canada LNG plan into all-electric design

4 days ago DieselGasoil Comments Off on Chevron seeks to turn Canada LNG plan into all-electric design
By Natalie Obiko Pearson on 7/15/2019 VANCOUVER (Bloomberg) — Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world. Chevron Read More

U.S. Gulf of Mexico oil, gas producers begin restarting after Barry

4 days ago DieselGasoil Comments Off on U.S. Gulf of Mexico oil, gas producers begin restarting after Barry
HOUSTON (Reuters) – U.S. oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the U.S. offshore drilling regulator said. There was 1.3 million barrels per day (bpd) of oil production off line in the U.S.-regulated areas of the Gulf Read More

More than half of US Gulf of Mexico oil, gas output remains shut after Barry: BSEE

4 days ago DieselGasoil Comments Off on More than half of US Gulf of Mexico oil, gas output remains shut after Barry: BSEE
Washington — About 1.3 million b/d, or 69%, of oil production and 1.7 Bcf/d, or 61%, of natural gas output in the Gulf of Mexico remains shut as drillers start returning to platforms evacuated ahead of Hurricane Barry, the US Bureau of Safety and Environmental Enforcement said Monday. Not registered? Receive daily email alerts, subscriber Read More

Hurricane Barry halts large portion of GOM oil output

4 days ago DieselGasoil Comments Off on Hurricane Barry halts large portion of GOM oil output
By Saket Sundria and Alex Longley on 7/15/2019 SINGAPORE and LONDON (Bloomberg) –Oil traded near $60/bbl after a storm shut almost three-quarters of U.S. Gulf of Mexico crude production, even as lingering demand concerns continue to dent the outlook. Futures rose 0.2% in New York. About 73% of crude output in the Gulf of Mexico Read More