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Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

1 day ago DieselGasoil Comments Off on Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting
Last week, US President Donald Trump signed an executive order aimed at banning Chinese telecoms like Huawei from selling equipment to the US over an unacceptable risk to national security. Following the order, the US Department of Commerce announced the blacklisting of Huawei along with 70 of its affiliates. The step prevented US-based corporations from Read More

Wall St. edges higher after Trump sparks U.S.-China trade hopes

2 days ago DieselGasoil Comments Off on Wall St. edges higher after Trump sparks U.S.-China trade hopes
NEW YORK (Reuters) – Wall Street’s major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China “happening fast.” Read More

Sembcorp Marine completes world’s biggest semi-submersible crane vessel for Heerema

2 days ago DieselGasoil Comments Off on Sembcorp Marine completes world’s biggest semi-submersible crane vessel for Heerema
5/24/2019 Photo: Sembcorp Marine’s world’s heaviest semi-submersible crane vessel, Sleipnir. SINGAPORE — The world’s biggest semi-submersible crane vessel (SSCV) is set to blaze a trail when it enters into service in the coming months, armed with the strongest pair of revolving cranes for offshore oil, gas and renewable energy installation and decommissioning jobs. Named after Read More

Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown

2 days ago DieselGasoil Comments Off on Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown
A growing number of former Apple devotees in China have started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing. The South China Morning Post reported that consumers were spurred by a rising “nationalist sentiment” to support the Chinese tech giant which has been blacklisted by the Read More

In Portugal, a man braves dangerous cliffs to clean-up the coast

2 days ago DieselGasoil Comments Off on In Portugal, a man braves dangerous cliffs to clean-up the coast
CASCAIS, Portugal (Reuters) – Every week, carrying a large bag to collect marine litter, sea-lover Miguel Lacerda climbs up and down dangerous 140-metre-high cliffs, dedicating himself to cleaning up Portugal’s rocky coast. Miguel Lacerda, 62, collects trash at a beach at the coast near Sintra, Portugal May 22, 2019. Picture taken May 22, 2019. REUTERS/Rafael Read More

Exploration well completed on the Vinstra and Otta prospects in the North Sea

2 days ago DieselGasoil Comments Off on Exploration well completed on the Vinstra and Otta prospects in the North Sea
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 3/7-11 S, targeting the Vinstra and Otta prospects in PL539 in the North Sea. Both targets were dry. The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Middle Jurassic 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

A pollution crackdown compounds slowdown woes in China’s heartland

2 days ago DieselGasoil Comments Off on A pollution crackdown compounds slowdown woes in China’s heartland
ANYANG/SANGPO, China (Reuters) – For years, China’s industrial heartland has been cloaked in smog, its waterways choked with pollution pumped from enormous clusters of factories churning out the mountains of cement and steel needed to build the Chinese economy. A poster showing Chinese President Xi Jinping is seen in front of the Xinyuan Steel plant Read More

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

3 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