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Ultra Petroleum Corp. Announces 2018 Year-End Reserves and Production, Reaffirms its $1.3 Billion Borrowing Base, Executes a Proactive Amendment to RBL Credit Agreement, Provides an Update on Follow-On Debt Exchanges, and Schedules Q4 and Year-End Earnings Call

25 mins ago DieselGasoil Comments Off on Ultra Petroleum Corp. Announces 2018 Year-End Reserves and Production, Reaffirms its $1.3 Billion Borrowing Base, Executes a Proactive Amendment to RBL Credit Agreement, Provides an Update on Follow-On Debt Exchanges, and Schedules Q4 and Year-End Earnings Call
ENGLEWOOD, Colo., Feb. 19, 2019 (GLOBE NEWSWIRE) — Today Ultra Petroleum Corp. (“Ultra Petroleum,” “Ultra” or the “Company”) (NASDAQ: UPL) announced its 2018 year-end reserves and production, semi-annual borrowing base redetermination and favorable amendment to its leverage covenants and schedules its 2018 fourth quarter and year-end earnings call. Key Highlights: Fourth quarter and full-year 2018 Read More

Dril-Quip Announces Timing of Year-End 2018 Earnings Release and Conference Call

25 mins ago DieselGasoil Comments Off on Dril-Quip Announces Timing of Year-End 2018 Earnings Release and Conference Call
HOUSTON, Feb. 19, 2019 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ) announced today that it will release its fourth quarter and full year 2018 results on Tuesday, February 26, 2019 after the market closes. The Company has also scheduled a conference call to discuss its 2018 results and 2019 outlook on Wednesday, February 27, 2019 Read More

Alibaba boosts stake in investment bank CICC for $231 million

55 mins ago DieselGasoil Comments Off on Alibaba boosts stake in investment bank CICC for $231 million
SINGAPORE (Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd has raised its stake in top domestic investment bank China International Capital Corp’s Hong Kong-listed shares to nearly 12 percent, an exchange disclosure showed on Monday. FILE PHOTO: The logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, July Read More

Gas guru who corrected CIA says U.S., Russia pick wrong fight

13 hours ago DieselGasoil Comments Off on Gas guru who corrected CIA says U.S., Russia pick wrong fight
By Jonathan Tirone on 2/18/2019 Nebojsa Nakicenovic. Photo: IIAC. VIENNA (Bloomberg) — The scientist who built the most prominent Cold War energy advisory said the U.S. and Russia should set aside their fight over natural gas markets and focus on slashing fossil fuel pollution more quickly. Nebojsa Nakicenovic helped set the stage for the global gas Read More

U.S. agency submits auto tariff probe report to White House

1 day ago DieselGasoil Comments Off on U.S. agency submits auto tariff probe report to White House
WASHINGTON (Reuters) – The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed. FILE PHOTO: Toyota trucks are shown on a car carrier for delivery Read More

EU starts natural gas price war Trump and Putin will love

2 days ago DieselGasoil Comments Off on EU starts natural gas price war Trump and Putin will love
By Mathew Carr on 2/17/2019 Photo: Yamal LNG, Total. LONDON (Bloomberg) — The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the U.S. to increase sales to the region. The battle won’t brutalize earnings too much because gas supply is just so Read More

Gazprom sign subsea production equipment contract

2 days ago DieselGasoil Comments Off on Gazprom sign subsea production equipment contract
2/17/2019 Yan Novikov and Alexey Miller at signing ceremony. Photo: Gazprom. MOSCOW — Alexey Miller, chairman of the Gazprom management committee, and Yan Novikov, chairman of the management board, director general of the Almaz-Antey Corporation, at the Russian Investment Forum in Sochi signed a long-term contract for the supply of import-substituting products in the amount Read More

Plane and simple: Argentina to give Bolivia a jet if it needs more natural gas

2 days ago DieselGasoil Comments Off on Plane and simple: Argentina to give Bolivia a jet if it needs more natural gas
The changes to the gas contract between Argentina and Bolivia will allow Buenos Aires to save some $460 million, but the deal has one curious detail on what happens if Argentina needs more supplies. Bolivia agreed to export less gas to its South American neighbor during a low demand period, the country’s summer, relieving Argentina Read More