newszine

Over 324,000 customers without power in Carolinas after Florence

10 mins ago DieselGasoil Comments Off on Over 324,000 customers without power in Carolinas after Florence
(Reuters) – More than 324,000 U.S. homes and businesses, mostly in North Carolina and South Carolina, were still without power on Tuesday after Hurricane Florence hit the North Carolina coast on Friday, power companies said. Duke Energy crews work to restore power in Rocky Point, North Carolina, U.S., Sptember 17, 2018. REUTERS/Ernest Scheydar That was Read More

Diamondback Energy Prices Upsized $750 Million Tack-On Offering Of Senior Notes

10 mins ago DieselGasoil Comments Off on Diamondback Energy Prices Upsized $750 Million Tack-On Offering Of Senior Notes
MIDLAND, Texas, Sept. 18, 2018 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”) announced today that it has priced an offering of $750.0 million aggregate principal amount of its 4.750% Senior Notes due 2024 (the “New Notes”), representing a $250.0 million upsize from the previously announced size of the offering, at an issue price of Read More

Wall Street rebounds in the face of heated trade row

40 mins ago DieselGasoil Comments Off on Wall Street rebounds in the face of heated trade row
NEW YORK (Reuters) – Wall Street bounced back on Tuesday, led by gains in consumer discretionary, technology and industrial stocks as investors shrugged off escalating trade rhetoric between the United States and China. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 12, 2018. REUTERS/Brendan McDermid All Read More

Lopez Obrador needs support from private companies to boost Mexican oil production: execs

1 hour ago DieselGasoil Comments Off on Lopez Obrador needs support from private companies to boost Mexican oil production: execs
Mexico City — President-elect Andres Manuel Lopez Obrador needs support from the private sector if he wants to boost oil production in Mexico, particularly to levels seen at the start of the century, according to industry leaders. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Mexico requires upstream investment Read More

Equinor granted drilling permit for wildcat, west of Atlantis discovery

1 hour ago DieselGasoil Comments Off on Equinor granted drilling permit for wildcat, west of Atlantis discovery
9/18/2018 STAVANGER — The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/3-1, cf. Section 15 of the Resource Management Regulations. Well 7324/3-1, will be drilled from the West Hercules drilling facility in position 73°57’27,39″ North og 24°41’04,86″ East. The drilling program for well 7324/3-1 relates to the drilling Read More

Trump administration to ease rule on methane leaks on public land

1 hour ago DieselGasoil Comments Off on Trump administration to ease rule on methane leaks on public land
WASHINGTON (Reuters) – The Trump Administration is slated on Tuesday to roll back an Obama-era rule on emissions of the greenhouse gas methane from oil and gas operations on public lands in its latest step to ease energy industry regulations, environmental groups said. FILE PHOTO: Drill pipe is seen on a drilling site in the Read More

China sets tariff on U.S. LNG just as exports ramp up

3 hours ago DieselGasoil Comments Off on China sets tariff on U.S. LNG just as exports ramp up
(Reuters) – China has set a 10 percent tariff on imports of U.S. liquefied natural gas just as trade of the super-chilled fuel between the two nations started to ramp up and exports from new terminals on the U.S. Gulf Coast are poised to begin. FILE PHOTO: A liquefied natural gas (LNG) storage facility of Read More

Saudi Arabia is said to be comfortable with Brent above $80

4 hours ago DieselGasoil Comments Off on Saudi Arabia is said to be comfortable with Brent above $80
By Javier Blas on 9/18/2018 LONDON (Bloomberg) — Saudi Arabia is now comfortable with Brent oil prices rising above $80/bbl, at least in the short term, as the global market adjusts to the loss of Iranian supply from U.S. sanctions, according to people familiar with the kingdom’s view. The world’s largest exporter has tried to Read More

Rob Coulbeck Joins The Ontario Energy Association as Special Advisor, Markets

5 hours ago DieselGasoil Comments Off on Rob Coulbeck Joins The Ontario Energy Association as Special Advisor, Markets
TORONTO, Sept. 18, 2018 (GLOBE NEWSWIRE) — The Ontario Energy Association (OEA) is pleased to welcome Rob Coulbeck to the OEA team as Special Advisor, Markets. Mr. Coulbeck will be leading the OEA’s participation in the IESO’s Market Renewal initiative.  He will also be working with the OEA Board and team to develop policy positions, Read More

Continental Terminates Joint Venture Talks

5 hours ago DieselGasoil Comments Off on Continental Terminates Joint Venture Talks
VANCOUVER, British Columbia, Sept. 18, 2018 (GLOBE NEWSWIRE) — Continental Energy Corporation (OTCQB: CPPXF) (the “Company”) today announced that two previously announced conditional joint venture transactions have been terminated. In a news release dated 28 August 2017 the Company announced it had entered into a conditional agreement with a privately owned Indonesian company (the “seller”) Read More