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Carbon credits may help expand EV charging infrastructure: industry group

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(Reuters) – Carbon credits could be used to cut the high costs involved with setting up charging stations for electric vehicles, an industry lobby said on Tuesday. A car is plugged in at a charging point for electric vehicles in London, Britain, March 6, 2018. REUTERS/Simon Dawson A carbon credit represents a reduction of one Read More

Trump's trade war escalation puts U.S. LNG in crosshairs

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By Stephen Stapczynski on 9/18/2018 TOKYO (Bloomberg) — U.S. gas is under threat as a trade war with China escalates. China may target American liquefied natural gas in retaliation for a fresh round of duties announced Monday by the U.S. While the Asian nation last month said it was considering a 25% tariff on the Read More

Diamondback Energy Launches $500 Million Tack-On Offering of Senior Notes

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MIDLAND, Texas, Sept. 18, 2018 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”) announced today that it proposes to offer, subject to market conditions and other factors, $500.0 million aggregate principal amount of its 4.750% Senior Notes due 2024 (the “New Notes”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act Read More

Audi launches electric SUV in Tesla's backyard, with assist from Amazon

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SAN FRANCISCO (Reuters) – German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.O), and highlighted a deal with Amazon.com Inc (AMZN.O) to make recharging its forthcoming e-tron models easier. Audi unveils its first production all-electric vehicle, the Read More

Cordy Enters into Line of Credit Agreement

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CALGARY, Alberta, Sept. 17, 2018 (GLOBE NEWSWIRE) — Cordy Oilfield Services Inc. (“Cordy” or the “Company”) (TSX VENTURE: CKK) has entered into a line of credit agreement, (the “Agreement”), with a private lender (the “Creditor”), pursuant to which it may borrow up to an amount equal to 50% of eligible receivables, on a revolving basis Read More

Credit Suisse lambasted by financial watchdog over FIFA money laundering

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Switzerland’s financial supervisor FINMA says one of the country’s largest banks, Credit Suisse, failed to properly oversee its anti-money laundering procedures for FIFA, as well as Brazil’s and Venezuela’s state oil companies. According to the regulator, the banking multinational showed serious “deficiencies” in its attempts to counter illegal financial activities when dealing with soccer’s ruling Read More

KLXE to Begin Trading on the Nasdaq on September 17; Schedules Non-Deal Road Show September 25, 26 and 27 in Houston, New York and Boston

1 day ago DieselGasoil Comments Off on KLXE to Begin Trading on the Nasdaq on September 17; Schedules Non-Deal Road Show September 25, 26 and 27 in Houston, New York and Boston
WELLINGTON, Fla., Sept. 17, 2018 (GLOBE NEWSWIRE) — KLX Energy Services Holdings, Inc. (“KLX Energy Services” or the “Company”) (NASDAQ: KLXE), a leading U.S. onshore provider of value-added, mission critical oilfield services focused on completion, intervention and production activities, completed the spin-off from KLX Inc. into an independent, publicly-owned company on Friday, September 14, 2018. Read More

HighPoint Resources Announces Amended and Restated Credit Agreement with an Increased Borrowing Base

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DENVER, Sept. 17, 2018 (GLOBE NEWSWIRE) — HighPoint Resources Corporation (“HighPoint” or the “Company”) (NYSE: HPR) today announced that it has entered into a new amended and restated credit agreement for its revolving credit facility (“Facility”). The agreement extends the maturity date of the Facility by over three years to 2023 and increases the borrowing Read More

High U.S. stock valuations hinge on inflation, interest rates

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NEW YORK (Reuters) – Investors are banking on tame inflation and interest rates to support U.S. stock prices and help counter any concerns over an anticipated slowdown in corporate earnings growth next year. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 31, 2018. REUTERS/Brendan McDermid As Read More

JP Morgan chief Dimon says shouldn't have made remarks about Trump

2 days ago DieselGasoil Comments Off on JP Morgan chief Dimon says shouldn't have made remarks about Trump
WASHINGTON (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon on Sunday said he regretted comments that he was “smarter” than U.S. President Donald Trump and could beat him in an election. FILE PHOTO: Jamie Dimon, CEO of JPMorgan Chase, takes part in a panel discussion about investing in Detroit at the Kennedy School Read More