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Merkel on Huawei: Germany won’t exclude 5G providers just because they come from China

9 hours ago DieselGasoil Comments Off on Merkel on Huawei: Germany won’t exclude 5G providers just because they come from China
Angela Merkel has said that her government will not exclude Huawei or any other company from helping to develop 5G in Germany simply because they come from China, in a clear rebuke of Washington’s stance on the issue. “The government has said our approach is not to simply exclude one company or one actor, but Read More

Yellow Vests & police clash in Paris as Macron’s ‘great debate’ ends

3 days ago DieselGasoil Comments Off on Yellow Vests & police clash in Paris as Macron’s ‘great debate’ ends
Clashes between protesters and police broke out as the Yellow Vest rallies entered their 18th consecutive week, causing more headaches for President Macron, whose “great debate” aimed at pacifying the protests ended on Friday. Saturday’s rally saw hundreds of people flooding the streets of downtown Paris, with many wearing black balaclavas and holding French flags.  Read More

CERAWeek 2019: LNG key factor in energy transition

5 days ago DieselGasoil Comments Off on CERAWeek 2019: LNG key factor in energy transition
By CRAIG FLEMING, TECHNICAL EDITOR, WORLD OIL on 3/14/2019 HOUSTON — On the third day (Wednesday, March 13) of CERAWeek by IHS Markit, the industry’s business leaders outlined global economic trends, shifting geopolitics, emerging government policies and advances in technologies. The majority of the day’s sessions outlined how the transition will occur and to define Read More

RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

5 days ago DieselGasoil Comments Off on RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results
Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per share Full year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per share Quarterly and full year results include a $50.6 million non-cash charge, net of previous accruals, for the Phase I interim GX ruling (the GX Charge), Read More

Infrastructure and Energy Alternatives, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results

1 week ago DieselGasoil Comments Off on Infrastructure and Energy Alternatives, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results
INDIANAPOLIS, March 12, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading construction services company with specialized energy and heavy civil expertise, today announced financial results for the fourth quarter and full year ended December 31, 2018. Fourth Quarter Highlights Revenue of $275.9 million, up 132% year-over-year Read More

BP awards contracts to McDermott, BHGE for Greater Tortue Ahmeyim natural gas project

1 week ago DieselGasoil Comments Off on BP awards contracts to McDermott, BHGE for Greater Tortue Ahmeyim natural gas project
3/11/2019 HOUSTON — McDermott International, Inc., and Baker Hughes, a GE company have announced today that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal. BP, BHGE and McDermott are working together Read More

Norway's oil and gas divestment spares biggest producers

2 weeks ago DieselGasoil Comments Off on Norway's oil and gas divestment spares biggest producers
By Mikael Holter on 3/8/2019 OSLO (Bloomberg) — Big Oil dodged a bullet. Norway took a partial step in divesting oil and gas stocks in its massive $1-trillion wealth fund, approving the sale of smaller exploration companies while sparing the biggest producers such as Royal Dutch Shell Plc and Exxon Mobil Corp. After more than Read More

UK, Japan scientists study radioactive Fukushima particles

2 weeks ago DieselGasoil Comments Off on UK, Japan scientists study radioactive Fukushima particles
OXFORD, England (Reuters) – Eight years after the Fukushima nuclear meltdown in Japan, radioactive particles collected from the site are undergoing new forensic investigation in Britain in an effort to understand the exact sequence of events. FILE PHOTO: An employee of Tokyo Electric Power Co’s (TEPCO) wearing protective suit and mask gives lectures in front Read More

Sanchez Midstream Partners Reports Fourth-Quarter and Full-Year 2018 Financial Results

2 weeks ago DieselGasoil Comments Off on Sanchez Midstream Partners Reports Fourth-Quarter and Full-Year 2018 Financial Results
HOUSTON, March 07, 2019 (GLOBE NEWSWIRE) — Sanchez Midstream Partners LP (NYSE American: SNMP) (“SNMP” or the “Partnership”) today reported fourth-quarter and full-year 2018 results.  Highlights from the report include: Fourth-quarter 2018 net income of $15.6 million, which compares to net income of $0.4 million for third-quarter 2018; Fourth-quarter 2018 Adjusted EBITDA (a non-GAAP financial Read More