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TC Energy’s Keystone XL moves closer to 2020 construction with Nebraska ruling

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Houston — TC Energy’s hope to start construction on the 830,000 b/d Keystone XL heavy oil pipeline in 2020 took a step forward Friday with a favorable ruling from the Nebraska Supreme Court, one of the final legal obstacles facing the project after US President Trump granted a permit. Not registered? Receive daily email alerts, Read More

SAExploration Appoints Industry Veteran Michael Faust as Interim President in Addition to Role as Executive Chairman of the Board

1 day ago DieselGasoil Comments Off on SAExploration Appoints Industry Veteran Michael Faust as Interim President in Addition to Role as Executive Chairman of the Board
HOUSTON, Aug. 22, 2019 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW) today announced the appointment of industry veteran Michael Faust as interim President of the Company with immediate effect. Additionally, as previously disclosed, Mr. Faust has assumed the role of Executive Chairman of the Board of Directors of SAExploration. Mr. Faust brings Read More

Salesforce revenue forecast beats estimates, shares rise 7%

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FILE PHOTO: The company logo for Salesforce.com is displayed on the Salesforce Tower in New York City, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Salesforce.com Inc (CRM.N) forecast third-quarter revenue above Wall Street estimates on Thursday, encouraged by more companies opting for its cloud-based services, sending its shares up 7% in extended trading. Read More

Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52 per month in February – sources

1 day ago DieselGasoil Comments Off on Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52 per month in February – sources
SEATTLE (Reuters) – Boeing Co (BA.N) has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three people familiar with the matter told Reuters. FILE PHOTO: Grounded Boeing 737 MAX aircraft Read More

Shell offers to buy Australian power retailer ERM for $417.2 mil

1 day ago DieselGasoil Comments Off on Shell offers to buy Australian power retailer ERM for $417.2 mil
Highlights Set low-emission vehicle targets for public sector Push oil alternatives like hydrogen, LNG, power Governments must apply rules by August 2, 2021 Singapore — Shell Energy Australia, a subsidiary of oil major Royal Dutch Shell, Thursday said it made an offer to purchase all the shares of Australian electricity retailer ERM Power for A$617 Read More

UK’s Premier Oil launches sale of Mexican Zama field stake

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London — UK independent Premier Oil has launched a sale process for its 25% stake in the Zama discovery offshore Mexico in a further effort to reduce its debts, it said Thursday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In a first-half results statement, Premier said it had Read More

Traders spot opportunity with LNG prices at rock bottom

2 days ago DieselGasoil Comments Off on Traders spot opportunity with LNG prices at rock bottom
By Anna Shiryaevskaya and Stephen Stapczynski on 8/22/2019 LONDON (Bloomberg) – After prices plunged to their lowest on record for this time of year, traders say buyers from Japan to India have started to snap up cargoes in anticipation of a pickup in winter demand. Procurement for the colder season is only expected to intensify Read More

Nordstrom beats profit estimates as it clears inventory faster and sells more online

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(Reuters) – Upscale U.S. retailer Nordstrom Inc (JWN.N) reported a better-than-expected quarterly profit on Wednesday as it said it had cut costs and cleared more inventory, sending its shares up 10% in extended trading. FILE PHOTO: The Nordstrom store is pictured in Broomfield, Colorado, February 23, 2017. REUTERS/Rick Wilking/File Photo The Seattle-based company, which sells Read More

Clear Blue Technologies To Report Fiscal 2019 Second-Quarter Financial Results and Host Conference Call On Wednesday, August 28

2 days ago DieselGasoil Comments Off on Clear Blue Technologies To Report Fiscal 2019 Second-Quarter Financial Results and Host Conference Call On Wednesday, August 28
TORONTO, Aug. 21, 2019 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (Clear Blue or “the Company”) (TSXV: CBLU) (FRANKFURT: 0YA), the Smart Off-Grid™ company, today announced that it will report financial results for its second quarter of fiscal 2019 on Wednesday, August 28, 2019, before the market opens. Clear Blue will host a conference Read More

Target, Lowe’s earnings push Wall St. higher ahead of Fed minutes

2 days ago DieselGasoil Comments Off on Target, Lowe’s earnings push Wall St. higher ahead of Fed minutes
(Reuters) – Wall Street’s main indexes rose about 1% on Wednesday, as upbeat earnings from retailers Lowe’s and Target reinforced confidence in consumer demand, while investors awaited the release of the Fed minutes for further clues on the path of interest rate cuts. FILE PHOTO: Traders work on the floor at the New York Stock Read More