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Trump calls meeting on biofuels policy blamed by bankrupt refiner

8 hours ago DieselGasoil Comments Off on Trump calls meeting on biofuels policy blamed by bankrupt refiner
NEW YORK (Reuters) – U.S. President Donald Trump has called a meeting early next week with key senators and Cabinet officials to discuss potential changes to biofuels policy, which is coming under increasing pressure after a Pennsylvania refiner blamed the regulation for its bankruptcy, according to four sources familiar with the matter. The meeting comes Read More

Global stocks stay subdued as dollar edges higher

14 hours ago DieselGasoil Comments Off on Global stocks stay subdued as dollar edges higher
LONDON (Reuters) – A stronger dollar and slightly higher global borrowing costs kept world shares subdued on Friday and left gold limping toward its worst week since December. Europe’s main London, Frankfurt and Paris markets <0#.INDEXE> barely budged in early moves, keeping MSCI’s 47- country world index just in the black on the day but Read More

Enerflex Reports Fourth Quarter 2017 Financial Results and Quarterly Dividend

1 day ago DieselGasoil Comments Off on Enerflex Reports Fourth Quarter 2017 Financial Results and Quarterly Dividend
CALGARY, Alberta, Feb. 22, 2018 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and twelve months ended December 31, 2017. Summary Table of Fourth Quarter and Twelve Read More

Vicor Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2017

1 day ago DieselGasoil Comments Off on Vicor Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2017
ANDOVER, Mass., Feb. 22, 2018 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ:VICR) today reported financial results for the fourth quarter and year ended December 31, 2017.  These results will be discussed later today at 5:00 p.m. Eastern Time, during management’s quarterly investor conference call.  The details for the call are presented below.  Revenues for the fourth Read More

Chevrolet Bolt wins top 'green car' from Consumer Reports

1 day ago DieselGasoil Comments Off on Chevrolet Bolt wins top 'green car' from Consumer Reports
WASHINGTON (Reuters) – Hyundai Motor Co’s (005380.KS) Genesis brand topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports, while General Motors Co’s (GM.N) electric Chevrolet Bolt was named top pick for compact green car. Millions of prospective auto buyers consult the magazine’s rankings, which are based on road testing, reliability, safety Read More

SDLP – Seadrill Partners LLC Announces Fourth Quarter 2017 Results

1 day ago DieselGasoil Comments Off on SDLP – Seadrill Partners LLC Announces Fourth Quarter 2017 Results
Highlights Operating revenue of $256.3 million. Operating income of $60.1 million. Net income of $33.1 million. Adjusted EBITDA  of $137.9 million. Cash and cash equivalents of $848.6 million. Economic utilization  of 95%. Order backlog of $1.5 billion and average contract duration of 1.5 years as of February 22, 2018.  The Company has received all required Read More

Denbury Reports 2017 Fourth Quarter and Annual Results

2 days ago DieselGasoil Comments Off on Denbury Reports 2017 Fourth Quarter and Annual Results
PLANO, Texas, Feb. 22, 2018 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE:DNR) (“Denbury” or the “Company”) today announced net income of $127 million, or $0.31 per diluted share, on revenues of $321 million for fourth quarter 2017.  Adjusted net income(1) (a non-GAAP measure) was $48 million, or $0.12(1)(2) per diluted share, with the difference from Read More

US Federal Reserve rings alarm about America’s soaring debt

2 days ago DieselGasoil Comments Off on US Federal Reserve rings alarm about America’s soaring debt
The US deficit stands at $20 trillion and will rise to $30 trillion in a decade. That should be a reason for concern, according to the US Fed. “I believe the Federal Reserve should be gradually and patiently raising the federal funds rate during 2018,” Dallas Federal Reserve Bank President Robert Kaplan said on Wednesday. Read More