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Parkland Announces Pricing of Senior Unsecured Notes

2 hours ago DieselGasoil Comments Off on Parkland Announces Pricing of Senior Unsecured Notes
CALGARY, Alberta, June 25, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX:PKI), announced today the pricing of its previously announced private offering (the “offering”) of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the “notes”). The notes will bear interest at a rate of 5.875% per Read More

Allies or frenemies? Pompeo lands in India with a bag of ‘freedom’ offers one doesn’t simply refuse

2 hours ago DieselGasoil Comments Off on Allies or frenemies? Pompeo lands in India with a bag of ‘freedom’ offers one doesn’t simply refuse
The top US diplomat has landed in New Delhi, aiming to pressure the Indian government into rejecting Russian S-400 air defense systems and China’s Huawei mobile tech in favor of “better” military and trade deals with Washington. Expanding cooperation in energy, aviation, space, and defense fields will top Secretary of State Mike Pompeo’s agenda during Read More

Micron says some Huawei shipments resumed, shares rise

3 hours ago DieselGasoil Comments Off on Micron says some Huawei shipments resumed, shares rise
(Reuters) – Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects demand for its chips to recover later this year, sending shares up as much as 10% late on Tuesday. FILE PHOTO: Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their booth Read More

US to lead oil output growth through 2030: ConocoPhillips chief economist

6 hours ago DieselGasoil Comments Off on US to lead oil output growth through 2030: ConocoPhillips chief economist
Highlights Global oil demand expected to rise modestly to 2030 Refining capacity will adapt to lighter US crudes US crude export constraints seen as temporary Washington — The US will lead global oil production growth for the next decade, and tight oil can continue to grow beyond the 2030s even moderate prices, ConocoPhillips chief economist Read More

Parched tourists seek gelato and shade in sweltering Paris and Rome

10 hours ago DieselGasoil Comments Off on Parched tourists seek gelato and shade in sweltering Paris and Rome
PARIS/ROME (Reuters) – Tourists in Rome and Paris scaled back their sightseeing in sweltering temperatures on Tuesday, dousing themselves at fountains and cooling down with ice cream as a heatwave continued in continental Europe. People cool off in the fountains at the Andre Citroen park in Paris as a heatwave hit much of the country, Read More

India to ‘make clear’ to US that S-400 deal with Moscow ‘can’t be wished away’ – report

11 hours ago DieselGasoil Comments Off on India to ‘make clear’ to US that S-400 deal with Moscow ‘can’t be wished away’ – report
New Delhi plans to convince the US to grant it a waiver on buying the S-400 air defense missile systems from Moscow, a report says. “We have a longstanding defense relationship with Russia we cannot wish away,” a diplomatic source told NDTV ahead of US Secretary of State Mike Pompeo’s visit to New Delhi on Read More

Essential Energy Services Provides a Patent Litigation Update

11 hours ago DieselGasoil Comments Off on Essential Energy Services Provides a Patent Litigation Update
CALGARY, Alberta, June 25, 2019 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) provides an update with regards to the patent litigation. As previously disclosed, on April 25, 2019, the Federal Court of Appeal released its decision (the “Appeal Decision”) dismissing the appeal filed by Packers Plus Energy Services Inc. Read More

AbbVie looks beyond Humira with $63 billion deal for Botox-maker Allergan

11 hours ago DieselGasoil Comments Off on AbbVie looks beyond Humira with $63 billion deal for Botox-maker Allergan
(Reuters) – Drugmaker AbbVie Inc said on Tuesday it would buy Botox-maker Allergan Plc for about $63 billion, grabbing control of the biggest name in medical aesthetics to help reduce its reliance on blockbuster arthritis treatment Humira. AbbVie has been under pressure to diversify its portfolio as Humira, the world’s best-selling drug, is already in Read More

‘Storm approaching’: firms fear for deliveries in shipping shakeup

21 hours ago DieselGasoil Comments Off on ‘Storm approaching’: firms fear for deliveries in shipping shakeup
LONDON/LOS ANGELES (Reuters) – U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause transport disruption that it brought forward the shipment of arm chairs and sofas from China by two months. FILE PHOTO: Shipping containers are pictured at Yusen Terminals (YTI) on Terminal Island at the Read More