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Motiva preliminarily picked to run Curacao refinery: report

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(Reuters) – Motiva Enterprises has preliminarily been chosen by the government of Curacao to operate the 335,000-barrel-per-day Isla Refinery, replacing Venezuela’s state-run PDVSA, local media said on Saturday. FILE PHOTO – A general view shows the Isla Refinery in Willemstad on the island of Curacao, April 22, 2018. REUTERS/Andres Martinez Casares The Refinery has been Read More

Oil steadies below $53, little changed a week after OPEC+ cuts

2 days ago DieselGasoil Comments Off on Oil steadies below $53, little changed a week after OPEC+ cuts
By Grant Smith and Sharon Cho on 12/14/2018 LONDON and SINGAPORE (Bloomberg) — Oil traded below $53/bbl in New York, little changed a week after OPEC and its allies announced substantial output cuts, as traders weighed an uncertain outlook for 2019.  Saudi Arabia’s plan to slash exports to the U.S. next month is shoring up Read More

Exclusive: Chinese battery firm halts purchases of cobalt from Glencore – sources

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LONDON/BEIJING (Reuters) – Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between the two companies, sources close to the matter said. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Read More

Wood. reports 2018 pre-close trading update

2 days ago DieselGasoil Comments Off on Wood. reports 2018 pre-close trading update
12/13/2018 ABERDEEN — Our positive trading momentum has continued and our full year results will demonstrate good organic revenue growth. We have delivered a stronger second half, due to our typical second half bias and the phasing of cost synergies, projects and the wider market recovery. We expect full year revenue to be up over Read More

U.S. confirms China soybean sale, but size disappoints

2 days ago DieselGasoil Comments Off on U.S. confirms China soybean sale, but size disappoints
CHICAGO (Reuters) – China’s meager first purchase of U.S. soybeans since its trade war with the United States began in July disappointed farmers, grain traders and a U.S. government official hoping for larger sales to lift slumping prices and absorb a huge surplus across the U.S. farm belt, they said on Thursday. FILE PHOTO: Soybeans Read More

Sercel awarded contract for 100,000-channel 508XT land seismic acquisition system

2 days ago DieselGasoil Comments Off on Sercel awarded contract for 100,000-channel 508XT land seismic acquisition system
12/13/2018 PARIS, France —  CGG has announced that Sercel has been awarded a contract by a major data acquisition company to supply land seismic equipment for a large onshore 3D seismic survey in the Middle East. The contract includes 100,000 Sercel 508XT channels equipped with strings of 12 SG-10 geophones. This large-scale 3D project encompasses Read More

Ampelmann inks two new contracts in Asia Pacific

2 days ago DieselGasoil Comments Off on Ampelmann inks two new contracts in Asia Pacific
12/13/2018 Photo: Ampelmann A-type MWV in Indonesia. THE NETHERLANDS — Dutch multinational Ampelmann has secured two new contracts in the Asia Pacific region. Two A-type systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term Walk to Work (W2W) operations. The contract for India is with vessel owner Read More

Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018

3 days ago DieselGasoil Comments Off on Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018
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 in this news release. CALGARY, Alberta, Dec. 13, Read More

CGG: Sercel Awarded Contract for 100,000-Channel 508XT Land Seismic Acquisition System by Major Acquisition Player

3 days ago DieselGasoil Comments Off on CGG: Sercel Awarded Contract for 100,000-Channel 508XT Land Seismic Acquisition System by Major Acquisition Player
Sercel Awarded Contract for 100,000-Channel 508XT Land Seismic Acquisition System by Major Acquisition Player                                                Paris, France – December 13, 2018 CGG announces that Sercel has been awarded a contract by a major data acquisition company to supply land seismic equipment for a large onshore 3D seismic survey in the Middle East. The contract includes 100,000 Read More

High Arctic Announces Appointment of New Director

3 days ago DieselGasoil Comments Off on High Arctic Announces Appointment of New Director
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Dec. 12, 2018 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (“High Arctic” or the “Corporation”) is pleased to announce the appointment Read More