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Bitcoin extends monster rally as it confidently moves toward $10,000

4 days ago DieselGasoil Comments Off on Bitcoin extends monster rally as it confidently moves toward $10,000
The price of Bitcoin has surged, exceeding its one-year high. The world’s most popular cryptocurrency was trading at nearly $9,900 on Friday, continuing its 2019 rally that has seen its value nearly triple. Bitcoin jumped around six percent and reached $9,872.47 at 13:18 GMT on Friday, setting a new record for the year, according to Read More

New OBM well treatments increase production, water injectivity offshore Middle East

4 days ago DieselGasoil Comments Off on New OBM well treatments increase production, water injectivity offshore Middle East
6/21/2019 GUILDFORD, England — Cleansorb, a provider of patented chemical well treatments that enhance hydrocarbon production for the international oil and gas industry, has announced that following a series of successful ORCA for OBM treatments on offshore oil production wells and a water injection well drilled with OBM, increased production and water injectivity have been Read More

Clean energy projects worth $1.5 billion seek Finnish aid

5 days ago DieselGasoil Comments Off on Clean energy projects worth $1.5 billion seek Finnish aid
OSLO (Reuters) – Fifteen companies have applied for Finnish investment aid to partly fund new large-scale demonstration energy projects worth $1.5 billion, six of them replacing coal and other fossil fuels, the government said on Thursday. Finland aims to reduce its carbon emissions and it approved earlier in the year a ban on the use Read More

SM Energy raises production guidance, provides new well results

7 days ago DieselGasoil Comments Off on SM Energy raises production guidance, provides new well results
6/18/2019 DENVER — SM Energy Company has announced that second-quarter 2019 production is exceeding expectations and the Company is raising guidance for second quarter and full year production volumes by 0.4 MMboe, at the mid-point, due to better than expected well performance and completion timing. Second quarter and full year production is expected to be Read More

Russia’s gold & foreign exchange reserves exceed $500 billion

2 weeks ago DieselGasoil Comments Off on Russia’s gold & foreign exchange reserves exceed $500 billion
The Central Bank of Russia (CBR) reported Thursday that the country’s international reserves amounted to $502.7 billion last week, thus exceeding the target level set by the regulator. The figure is up by $7.5 billion from the level seen a week earlier. According to the CBR, reserves increased by 1.5 percent “mainly due to a Read More

Adidas shares slide as traders say top investor GBL to cut stake

2 weeks ago DieselGasoil Comments Off on Adidas shares slide as traders say top investor GBL to cut stake
(Reuters) – Adidas shares fell 3% on Wednesday on news that one of the German sportswear company’s top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a portion of its near 4 billion euro ($4.5 billion) stake, three traders said. Boxes of Adidas shoes are pictured in the warehouse of local footwear retailer “Pomp Read More

Russia sanctions proved inefficient, can’t bring peace to Ukraine – German state PM

2 weeks ago DieselGasoil Comments Off on Russia sanctions proved inefficient, can’t bring peace to Ukraine – German state PM
The prime minister of the German state of Thuringia joined the chorus of resounding voices against sanctions on Russia, arguing that the “inefficient” penalties don’t deliver peace in Ukraine but increase suffering. “The political ineffectiveness of the sanctions has long been proven; their declared goal, much-needed peace in Ukraine, is as far away as ever,” Read More

US to become net oil exporter in November: EIA

2 weeks ago DieselGasoil Comments Off on US to become net oil exporter in November: EIA
Highlights Imports projected to meet 8% of US demand this year US net oil exports to average 550,000 b/d in 2020 Washington — The US will become a net oil exporter for the first time on a monthly basis in November, with crude and refined product exports exceeding imports by 220,000 b/d, the Energy Information Read More

On Natural Gas Transmission System Operator’s Revenue Cap of Regulated Activities for 2020

2 weeks ago DieselGasoil Comments Off on On Natural Gas Transmission System Operator’s Revenue Cap of Regulated Activities for 2020
On 10 June 2019, the National Commission for Energy Control and Prices (hereinafter referred to as Commission) adopted a decision on the revenue cap of Amber Grid’s regulated activities providing natural gas transportation via the natural gas transmission network services, effective from 1 January 2020. The revenue cap of regulated activities effective from 1 January Read More