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Petroteq Energy Announces Oil Sales

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SHERMAN OAKS, Calif., March 18, 2019 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTC: PQEFF; FSE: PQCF), a fully integrated oil and gas company, announces oil sales. Petroteq is reporting that, on March 18, 2019, oil production sales have commenced at the Asphalt Ridge facility. Two loads of 250 barrels Read More

Amazon's second headquarters clears blocks in Virginia funding vote

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WASHINGTON (Reuters) – Amazon.com Inc’s planned second headquarters in northern Virginia cleared a key test on Saturday when local officials approved a proposed financial package worth an estimated $51 million amid a small but vocal opposition. Amazon in November picked National Landing, a site jointly owned by Arlington County and the city of Alexandria, just Read More

Amazon's second headquarters faces new blocks in Virginia funding vote

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WASHINGTON (Reuters) – Amazon.com Inc’s plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its first test when local officials vote on Saturday on a proposed financial package worth an estimated $51 million. People move about in front of the rostrum before a news conference about Read More

RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

4 days ago DieselGasoil Comments Off on RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results
Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per share Full year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per share Quarterly and full year results include a $50.6 million non-cash charge, net of previous accruals, for the Phase I interim GX ruling (the GX Charge), Read More

Venezuela's “badly broken” oil sector needs outside help

5 days ago DieselGasoil Comments Off on Venezuela's “badly broken” oil sector needs outside help
By Lucia Kassai, David Wethe and Joe Carroll on 3/13/2019 HOUSTON (Bloomberg) — Venezuela’s opposition leader is rolling out the welcome mat to foreign investors who want a piece of the world’s largest oil reserves. In a major break from the policies of President Nicolas Maduro and his late predecessor Hugo Chavez, Venezuelan opposition chief Juan Read More

TransGlobe Energy Corporation Announces Year End 2018 Financial and Operating Results

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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

Gran Tierra Energy Inc. Announces New-Country Entry into Ecuador

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CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) is pleased to announce that, based on preliminary results, the Company has made a new-country entry into Ecuador through the submission of winning bids for a total of three blocks, which were offered by the Ministerio Read More

Infrastructure and Energy Alternatives, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results

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INDIANAPOLIS, March 12, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading construction services company with specialized energy and heavy civil expertise, today announced financial results for the fourth quarter and full year ended December 31, 2018. Fourth Quarter Highlights Revenue of $275.9 million, up 132% year-over-year Read More

Conrad Petroleum gets approval for Mako development plan, offshore Indonesia

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3/11/2019 SINGAPORE — Conrad Petroleum Limited (Conrad or the Company), the operator of Duyung PSC, announced that its development plan for the Mako gas field (the POD), originally submitted in August 2018 and re-submitted under the gross split regime in January 2019, has been approved by Indonesia’s Ministry of Energy and Mineral Resources (MEMR). Conrad Read More

Power cuts – not power struggle – could see off Maduro

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By Stuart Ramsay, chief correspondent, in Caracas After two days of power cuts that have forced shops to close, created huge queues for fuel in a country with the largest known oil reserves in the world, brought even more mayhem and death to hospitals, and has now ensured the much feared National Guard are constantly Read More