newszine

Fire and hail push insurers to rethink climate change risks

3 days ago DieselGasoil Comments Off on Fire and hail push insurers to rethink climate change risks
LONDON (Reuters) – By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burned both his tractor and the shipping container where he kept some tools. His insurer is set to pay out a sixth of his losses. A fireman puts out flames Read More

Currency provision won’t be in Japan-U.S. trade deal: Aso

6 days ago DieselGasoil Comments Off on Currency provision won’t be in Japan-U.S. trade deal: Aso
FILE PHOTO: Japanese Finance Minster Taro Aso leaves the G-20 Finance Ministers and Central Bank Governors’ meeting at the IMF and World Bank’s 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler Duggan TOKYO (Reuters) – Japanese finance minister Taro Aso said on Tuesday that a currency provision won’t be included in a Read More

Analysis: SCOOP/STACK operators scale back rig activity by 40% so far in 2019

1 week ago DieselGasoil Comments Off on Analysis: SCOOP/STACK operators scale back rig activity by 40% so far in 2019
Highlights Producers subject to stricter earthquake rules Production still on track for steady growth Denver — Operators in Oklahoma’s SCOOP/STACK, once one of the hottest US onshore plays outside the Permian, have scaled back on the number of rigs by 40% year to date, while earthquake have caused producers to halt activity in some areas. Read More

Murphy USA Inc. Announces Expiration and Results of Tender Offer for 6.000% Senior Notes Due 2023

2 weeks ago DieselGasoil Comments Off on Murphy USA Inc. Announces Expiration and Results of Tender Offer for 6.000% Senior Notes Due 2023
EL DORADO, Ark., Sept. 11, 2019 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) (“MUSA”) announced today the expiration and results of the previously announced offer by its wholly owned subsidiary, Murphy Oil USA, Inc. (the “Issuer”), to purchase for cash (the “Tender Offer”) any and all of its outstanding 6.000% Senior Notes due 2023 Read More

Colombia court maintains moratorium on fracking

2 weeks ago DieselGasoil Comments Off on Colombia court maintains moratorium on fracking
BOGOTA (Reuters) – Colombia’s top administrative court maintained a temporary moratorium on the use of fracking on Tuesday, stymieing potential pilot projects amid ongoing arguments in a wider case regarding the use of the technique to extract oil and gas. A wall with the carved phrase that reads “Superior Council of the Judiciary, Council of Read More

Murphy USA Inc. Announces Pricing of Notes Offering

3 weeks ago DieselGasoil Comments Off on Murphy USA Inc. Announces Pricing of Notes Offering
EL DORADO, Ark., Sept. 04, 2019 (GLOBE NEWSWIRE) — Murphy USA Inc. (“Murphy USA”) (NYSE: MUSA) announced today that it has priced its previously announced offering of $500 million aggregate principal amount of senior notes due 2029 (the “Notes”) by its wholly owned subsidiary, Murphy Oil USA, Inc. (“Murphy Oil USA”). The Notes will be Read More

Murphy USA Inc. Announces Commencement of Tender Offer for 6.000% Senior Notes Due 2023

3 weeks ago DieselGasoil Comments Off on Murphy USA Inc. Announces Commencement of Tender Offer for 6.000% Senior Notes Due 2023
EL DORADO, Ark., Sept. 04, 2019 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA) (“MUSA”) announced today the commencement of a cash tender offer for any and all of the outstanding 6.000% Senior Notes due 2023 (CUSIP No. 626738AC2) (the “Notes”) by its wholly owned subsidiary, Murphy Oil USA, Inc. (the “Issuer”), on the terms Read More

Hurricane Dorian could cost insurers $25 billion: UBS

3 weeks ago DieselGasoil Comments Off on Hurricane Dorian could cost insurers $25 billion: UBS
Strong winds batter Oceanhill Boulevard in Freeport, as Hurricane Dorian passes over Grand Bahama Island, Bahamas September 2, 2019 in this still image taken from a video by social media. Lou Carroll via REUTERS (Reuters) – Hurricane Dorian, which battered the Bahamas early on Monday, could cause insurance industry losses of up to $25 billion, Read More

Indonesian students invent pinger to find quake victims

3 weeks ago DieselGasoil Comments Off on Indonesian students invent pinger to find quake victims
JAKARTA (Reuters) – It’s the size of a credit card and about as slim. But if you’re trapped under rubble after an earthquake, it just might save your life. A trio of Indonesian university students has invented a device that uses high-frequency signals to help locate victims after a natural disaster. Dubbed Detector of Interconnected Read More