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Gastech: Permian oil growth could transform US’ second-wave LNG-export market

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Houston — Permian Basin oil producers could become the driving force behind the US’ second wave of LNG supply. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now That was the seemingly contrarian wisdom of a panel of chief executives at Gastech, the annual global conference held this week in Read More

Driving to Colombia? New photos show Juan Guaido in car with ‘drug cartel gangster’

2 days ago DieselGasoil Comments Off on Driving to Colombia? New photos show Juan Guaido in car with ‘drug cartel gangster’
A Venezuelan official has published photos that he says are further proof of ties between the country’s self-proclaimed ‘interim president’ Juan Guaido and a drug cartel member, who allegedly helped him sneak into Colombia. In January, Guaido declared himself the rightful head of state in Venezuela and has since made several failed attempts to actually Read More

Chevron sanctions waterflood project to boost St. Malo production

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9/19/2019 SAN RAMON, CA- Chevron has sanctioned a waterflood project in the St. Malo field. This application of enabling technology is expected to increase recovery and advance Chevron’s strategy of maximizing the company’s existing resources in the Gulf of Mexico. Chevron St. Malo project “The St. Malo field is a world-class asset that is positioned Read More

SEC’s Clayton worries about private markets, negative rates

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NEW YORK (Reuters) – U.S. Securities and Exchange Commission chair Jay Clayton said on Thursday he was concerned about the growth of private markets and negative interest rates as policymakers try to stimulate growth. FILE PHOTO: Jay Clayton, Chairman of the U.S. Securities and Exchange Commission, speaks at the Economic Club of New York luncheon Read More

New threat to Libyan oil unity as rift within NOC opens up

3 days ago DieselGasoil Comments Off on New threat to Libyan oil unity as rift within NOC opens up
London — A major rift has opened up between Tripoli-based National Oil Corporation and one of its key fuel distribution units, threatening the unity of Libya’s oil and gas sector. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A number of board of directors from NOC’s eastern-based subsidiary Brega Read More

Airbus to boost cooperation with China, Tianjin to be firm’s manufacturing center in Asia

3 days ago DieselGasoil Comments Off on Airbus to boost cooperation with China, Tianjin to be firm’s manufacturing center in Asia
Airbus has announced plans to enhance its long-term collaboration with China’s aviation industry, ramping up single-aisle production at its Tianjin final assembly line and forming new ties with Chinese suppliers. The European aircraft manufacturer will begin plans to assemble six A320 planes a month at the Tianjin facility by the year’s end, which is a 50 Read More

Greenfields Petroleum Corporation Announces Extension of Senior Debt Payment

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HOUSTON, Sept. 18, 2019 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces the execution of a deferral letter with its senior debt lender, Vitol Energy (Bermuda) Ltd. (“Vitol”), to defer payments in the aggregate of $14.3 million (including restructuring fee-$1.4m) Read More

Apergy to Participate in the Johnson Rice Energy Conference

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THE WOODLANDS, Texas, Sept. 18, 2019 (GLOBE NEWSWIRE) — Apergy Corporation (“Apergy”) (NYSE: APY) announced today that Jay Nutt, Senior Vice President and Chief Financial Officer, will attend and meet with investors at the 2019 Johnson Rice Energy Conference in New Orleans, Louisiana on Tuesday, September 24, 2019. The presentation to be used in the Read More

Hiker ‘carried’ broken leg for two days before rescue

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By David Chipakupaku, news reporter A hiker says he had to “carry” his own broken leg for two days after falling six metres (20ft) down a waterfall in Australia. Neil Parker, 54, slipped and fell while walking by himself through the bush in Mount Nebo, near Brisbane, leaving him with a broken wrist and lower Read More

TC Energy provides Series 9 Preferred Shares conversion right and dividend rate notice

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CALGARY, Alberta, Sept. 18, 2019 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) on October 30, 2019. As a result, subject to certain conditions, the holders Read More