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LatAm bunker markets see delay in price impacts from weaker energy

1 day ago DieselGasoil Comments Off on LatAm bunker markets see delay in price impacts from weaker energy
Houston — Spot marine fuel markets throughout Latin America felt pressure Friday from back-to-back days of strong declines in North American energy markets, with sources pointing to typical lags resulting from various factors. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Pricing indications heard early Friday pointed to stable Read More

SeaBird Exploration: signing of agreements to acquire vessels, private placement becomes unconditional

1 day ago DieselGasoil Comments Off on SeaBird Exploration: signing of agreements to acquire vessels, private placement becomes unconditional
24 May 2019, Limassol, Cyprus NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Read More

In Vietnam’s booming energy sector coal reigns, but renewables play catch-up

2 days ago DieselGasoil Comments Off on In Vietnam’s booming energy sector coal reigns, but renewables play catch-up
HANOI/SINGAPORE (Reuters) – Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green. FILE PHOTO: Power-generating windmill turbines are pictured at a wind park in Read More

Cequence Energy Announces Proposed Debt Transaction Private Placement and Credit Facility Renewal Update

2 days ago DieselGasoil Comments Off on Cequence Energy Announces Proposed Debt Transaction Private Placement and Credit Facility Renewal Update
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce a proposed debt restructuring transaction, private placement and credit facility renewal update. Under the terms of a first amending agreement to the Company’s $60.0 million Term Loan entered into between the Company and the Read More

Bellatrix Announces Senior Unsecured Noteholders, Convertible Debentureholders and Shareholders Approve Recapitalization Transaction

2 days ago DieselGasoil Comments Off on Bellatrix Announces Senior Unsecured Noteholders, Convertible Debentureholders and Shareholders Approve Recapitalization Transaction
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) today announced that at the meetings (the “Meetings”) of holders of the Company’s outstanding 8.5% senior unsecured notes due 2020 (the “Senior Unsecured Noteholders”), holders of the Company’s outstanding 6.75% convertible debentures due 2021 (the “Convertible Debentureholders”) and Read More

Russia, Poland set goal to restart oil pipeline as tensions linger

2 days ago DieselGasoil Comments Off on Russia, Poland set goal to restart oil pipeline as tensions linger
By Maciej Martewicz and Marek Strzelecki on 5/23/2019 Photo: Druzhba pipeline, Russia. WARSAW (Bloomberg) — Although compensation for damage caused during a contamination crisis remains a sticking point, Russia and Poland said flows of clean oil through the giant Druzhba pipeline into Europe could resume within 2 1/2 weeks. Transneft PJSC, Russia’s state crude oil Read More

Certarus Ltd. Announces Strategic Alliance and Commercial Investment Agreement With Enbridge Inc. for the Expansion of Natural Gas Supply to Remote Locations in Northern Ontario

3 days ago DieselGasoil Comments Off on Certarus Ltd. Announces Strategic Alliance and Commercial Investment Agreement With Enbridge Inc. for the Expansion of Natural Gas Supply to Remote Locations in Northern Ontario
TORONTO, May 23, 2019 (GLOBE NEWSWIRE) — Certarus Ltd. (“Certarus” or the “Corporation”) is pleased to announce that it has entered into a definitive agreement with Union Energy Solutions Ltd., a wholly owned subsidiary of Enbridge Inc., collectively (“Enbridge”), enabling a strategic alliance and commercial investment by Enbridge into Certarus’ compressed natural gas (CNG) infrastructure Read More

PDC Energy Issues Statement Regarding Kimmeridge’s Conflicts of Interest

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DENVER, May 22, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or “the Company”) (Nasdaq: PDCE) today issued the following statement in response to the incomplete and misleading information released by Kimmeridge Energy Management Company, LLC and certain of its affiliates (“Kimmeridge”) regarding the clear conflicts of interest of Ben Dell, Kimmeridge’s Managing Partner: Kimmeridge’s Read More

Austria crisis: Will the right-wing and the socialists take down Sebastian Kurz?

3 days ago DieselGasoil Comments Off on Austria crisis: Will the right-wing and the socialists take down Sebastian Kurz?
A corruption scandal has Austrian Chancellor Sebastian Kurz’s grip on power slipping by the day. With a no-confidence motion likely, can Austria’s right and left wings team up to boot the 32-year-old leader from office? In a matter of days, Kurz has accepted the resignation of former coalition partner head Heinz-Christian Strache, and sacked Interior Read More