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Jones Energy, Inc. Emerges From Chapter 11 Thirty‑Three Days After Voluntarily Filing for Bankruptcy Protection; Announces New $225 Million Borrowing Base Agreement

3 days ago DieselGasoil Comments Off on Jones Energy, Inc. Emerges From Chapter 11 Thirty‑Three Days After Voluntarily Filing for Bankruptcy Protection; Announces New $225 Million Borrowing Base Agreement
AUSTIN, Texas, May 17, 2019 (GLOBE NEWSWIRE) — Jones Energy, Inc. (OTC Pink: JEII) (“Jones Energy” or the “Company”) today announced that it is emerging from bankruptcy. The Company emerges following satisfaction of all of the conditions to effectiveness under the Company’s prepackaged chapter 11 plan (the “Plan”), previously confirmed by the United States Bankruptcy Read More

‘A total lie’: US never bothered to secure its Pacific nuclear waste ‘coffin’ from leaks

3 days ago DieselGasoil Comments Off on ‘A total lie’: US never bothered to secure its Pacific nuclear waste ‘coffin’ from leaks
The US has failed to prevent the Runit Dome temporary nuclear waste storage site from leaking into the ocean, leaving the inhabitants of Enewetak Atoll in the Marshall Islands and cleanup workers with an array of Health problems. “There was never any lining put in that dome,” Ernest Davis, an Enewetak Atoll cleanup veteran, told Read More

French not amused by US pressure to withdraw Cannes award from ‘racist, misogynist’ Alain Delon

5 days ago DieselGasoil Comments Off on French not amused by US pressure to withdraw Cannes award from ‘racist, misogynist’ Alain Delon
US social justice activists incensed at the Cannes Festival’s intent to honor Alain Delon have started a petition to stop it, citing the legendary actor’s “close-minded” views. The festival, and the French public, were not amused. Cannes organizers have held firm in their intent to honor the actor, now 83, with a Palme d’Or for Read More

GridMarket Announces Strategic Investment from Partner Marubeni Corporation

2 weeks ago DieselGasoil Comments Off on GridMarket Announces Strategic Investment from Partner Marubeni Corporation
NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) — GridMarket, the AI-powered clean energy project sourcing and execution platform, today announced a strategic investment by Marubeni America Corporation. Following extensive vetting, multiple successful pilot projects, and ongoing collaborations, Marubeni purchased a minority ownership interest in GridMarket. This strategic investment advances the powerful existing partnership between GridMarket Read More

Siemens to list energy division, cut 10,000 jobs in sweeping overhaul

2 weeks ago DieselGasoil Comments Off on Siemens to list energy division, cut 10,000 jobs in sweeping overhaul
By Oliver Sachgau on 5/7/2019 MUNICH (Bloomberg) — German engineering giant, Siemens AG, is carving out and listing its flagging gas and power division and cutting more than 10,000 jobs in a sweeping overhaul. The unit will be spun off into a separately managed company and listed by September 2020, according to a statement Tuesday. Read More

Jones Energy, Inc. Announces Court Confirmation of Prepackaged Plan of Reorganization

2 weeks ago DieselGasoil Comments Off on Jones Energy, Inc. Announces Court Confirmation of Prepackaged Plan of Reorganization
AUSTIN, Texas, May 06, 2019 (GLOBE NEWSWIRE) — Jones Energy, Inc. (OTC Pink: JONEQ) (“Jones Energy” or the “Company”) today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”), confirmed the prepackaged Joint Chapter 11 Plan of Reorganization of Jones Energy, Inc. and its Debtor Affiliates (the Read More

Paul Quinn College Announces Strategic Energy Initiative in Partnership With GridMarket, EarthX, Environ Partners, and Go Big Solar

3 weeks ago DieselGasoil Comments Off on Paul Quinn College Announces Strategic Energy Initiative in Partnership With GridMarket, EarthX, Environ Partners, and Go Big Solar
DALLAS, April 29, 2019 (GLOBE NEWSWIRE) — Paul Quinn College (Paul Quinn), GridMarket, EarthX and Environ Partners today announced a strategic plan to bring cost-effective energy procurement, valuable infrastructure upgrades, and renewable energy generation to the Paul Quinn campus. For the first phase, revised energy procurement and a 25-year solar power purchase agreement will enable Read More

3M cuts 2019 profit outlook on weak China, shares fall 11 percent

4 weeks ago DieselGasoil Comments Off on 3M cuts 2019 profit outlook on weak China, shares fall 11 percent
(Reuters) – Shares of 3M Co fell 11 percent on Thursday after the U.S. manufacturing conglomerate cut its 2019 earnings forecast and said it would lay off 2,000 workers, citing worsening performance in high-growth markets such as China. The stock’s worst day in more than three decades dragged down the Dow Jones Industrial Average, and Read More

‘Chilling message to all critics’: HRW slams Israel’s decision to deport its regional director

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An Israeli court has upheld the deportation order against the local director of Human Rights Watch, accusing him of supporting the BDS movement by condoning Airbnb’s decision to briefly take down Jewish listings in the West Bank. Omar Shakir, a US citizen who has been working as the HRW regional director since October 2016, was Read More

Ohio legislators to hear bill to save nuclear power plants

1 month ago DieselGasoil Comments Off on Ohio legislators to hear bill to save nuclear power plants
(Reuters) – A House of Representatives subcommittee in Ohio will hear a clean energy bill on Wednesday designed to save the state’s two nuclear power plants from retirement and encourage the building of new renewable facilities. FILE PHOTO: The Davis Beese nuclear power station cooling tower and security post is seen near Oak Harbor, Ohio Read More