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A pollution crackdown compounds slowdown woes in China’s heartland

14 hours ago DieselGasoil Comments Off on A pollution crackdown compounds slowdown woes in China’s heartland
ANYANG/SANGPO, China (Reuters) – For years, China’s industrial heartland has been cloaked in smog, its waterways choked with pollution pumped from enormous clusters of factories churning out the mountains of cement and steel needed to build the Chinese economy. A poster showing Chinese President Xi Jinping is seen in front of the Xinyuan Steel plant Read More

Coal stockpiles at U.S. coal power plants were at their lowest point in over a decade

1 week ago DieselGasoil Comments Off on Coal stockpiles at U.S. coal power plants were at their lowest point in over a decade
May 17, 2019 U.S. coal stockpiles decreased to 98.7 million tons in February 2019, their lowest value in more than a decade. Total U.S. coal stockpiles have fallen as more coal plants have retired. Coal plants generally stockpile much more coal than they consume in a month. Coal consumed by power plants follows the seasonal Read More

PwrCor Working with Industry and Academic Leaders  to Improve Energy Efficiency of Data Centers

1 week ago DieselGasoil Comments Off on PwrCor Working with Industry and Academic Leaders  to Improve Energy Efficiency of Data Centers
NEW YORK, May 16, 2019 (GLOBE NEWSWIRE) — PwrCor, Inc. (OTCQB:PWCO), an advanced technology company focusing on clean, renewable energy solutions for the Waste-Heat-to-Power, Geothermal, and Solar Thermal markets, is working with data center cooling industry and academic leaders to demonstrate that the wasted ultra-low-grade heat generated from data center electronics can now be converted Read More

WeWork starts $2.9 billion property platform with Canada’s CDPQ

1 week ago DieselGasoil Comments Off on WeWork starts $2.9 billion property platform with Canada’s CDPQ
NEW YORK (Reuters) – The We Company, parent of workspace provider WeWork, said on Wednesday it has created a $2.9 billion real estate investment platform with funding from one of Canada’s largest pension funds, building on ties with private equity firm the Rhone Group. FILE PHOTO: The WeWork logo is displayed outside a co-working space Read More

Shell Midstream Partners, L.P. Announces Agreement to Acquire Additional Interests in Explorer and Colonial Pipelines

2 weeks ago DieselGasoil Comments Off on Shell Midstream Partners, L.P. Announces Agreement to Acquire Additional Interests in Explorer and Colonial Pipelines
Houston, May 13, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that it has entered into an agreement to acquire Shell’s 25.97% equity interest in Explorer Pipeline Company (Explorer) and 10.125% equity interest in Colonial Pipeline Company (Colonial) for $800 million. The acquisition will increase Shell Midstream Partners’ interest in Explorer Read More

CEO’s reading tips go viral for being ‘the absolute worst’

2 weeks ago DieselGasoil Comments Off on CEO’s reading tips go viral for being ‘the absolute worst’
An executive detailing the weird and excessive ways he reads books is going viral as people poke fun at the odd methods employed by the businessman, including his habit of tracking down authors to ‘connect’ with them. The Linkedin post by a CEO identified only as “Richard” was shared on Twitter and outlines how he Read More

EU nations are living far beyond the Earth’s means: report

2 weeks ago DieselGasoil Comments Off on EU nations are living far beyond the Earth’s means: report
BRUSSELS (Reuters) – The European Union’s 28 countries consume the Earth’s resources faster than they can be renewed and none of them has sustainable consumption policies, a report released on Thursday said, as EU leaders met to discuss priorities for the next five years. FILE PHOTO: People walk past an EU flag design umbrella on Read More

Canadian Natural Resources Limited Announces 2019 First Quarter Results

2 weeks ago DieselGasoil Comments Off on Canadian Natural Resources Limited Announces 2019 First Quarter Results
CALGARY, Alberta, May 09, 2019 (GLOBE NEWSWIRE) — Commenting on the Company’s first quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, “In the first quarter, the Company demonstrated the resilience and strength of its long life low decline and low capital exposure assets, generating significant adjusted funds flow of approximately $2.2 billion. Read More

European Union nations are living far beyond the Earth’s means: report

2 weeks ago DieselGasoil Comments Off on European Union nations are living far beyond the Earth’s means: report
BRUSSELS (Reuters) – The European Union’s 28 countries consume the Earth’s resources much faster than they can be renewed, and none of them has sustainable consumption policies, a report released on Thursday said, as EU leaders meet to discuss priorities for the next five years. FILE PHOTO: People walk past an EU flag design umbrella Read More

Green Plains Reports First Quarter 2019 Financial Results

2 weeks ago DieselGasoil Comments Off on Green Plains Reports First Quarter 2019 Financial Results
Results for the First Quarter of 2019: Net loss attributable to the company of $42.8 million, or $(1.06) per diluted share EBITDA of $(18.7) million Cash, cash equivalents and restricted cash of $273.2 million; availability under revolving credit agreements of $472.8 million at March 31, 2019 Green Plains engages ICM, Inc. to accelerate opex equalization Read More