newszine

TGS and Spectrum executes merger agreement and merger plan

20 mins ago DieselGasoil Comments Off on TGS and Spectrum executes merger agreement and merger plan
Oslo, 20 May 2019 – With reference to announcements on 2 May 2019, TGS-NOPEC Geophysical Company ASA (“TGS“) and Spectrum ASA (“Spectrum“) today announced that their respective board of directors have unanimously approved and decided upon a final merger agreement and merger plan in line with the terms previously announced. The merger plan is now Read More

ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE

1 hour ago DieselGasoil Comments Off on ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE
HOUSTON, TX, May 20, 2019 (GLOBE NEWSWIRE) — Isramco, Inc. (NASDAQ CM: ISRL) (the “Company,” “Isramco,” “we” or “our”) announced today that it has signed a definitive merger agreement with Naphtha Israel Petroleum Corporation Ltd. (“Naphtha”), Naphtha Holding Ltd. (“NHL”), I.O.C. – Israel Oil Company, LTD. (“IOC”) and Naphtha US Oil, Inc. (each a wholly Read More

Gran Tierra Energy Inc. Announces Pricing of $300 Million 7.750% Senior Notes Offering

1 hour ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Pricing of $300 Million 7.750% Senior Notes Offering
CALGARY, Alberta, May 20, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has priced its offering of $300 million aggregate principal amount of 7.750% Senior Notes due 2027 (the “Notes”) in a private placement to qualified institutional buyers in the United States pursuant to Rule Read More

U.S. Administration lifts Section 232 steel tariffs on Canada and Mexico, API responds

3 hours ago DieselGasoil Comments Off on U.S. Administration lifts Section 232 steel tariffs on Canada and Mexico, API responds
5/20/2019 WASHINGTON — API released the following statement on the Administration’s decision to lift tariffs on steel and aluminum imports under Section 232 on Canada and Mexico: “We applaud the Administration for reaching an agreement with Canada and Mexico to lift the 25% steel tariffs and not replace them with harmful quotas that would stifle Read More

British police begin removing Greenpeace activists who blocked BP HQ

7 hours ago DieselGasoil Comments Off on British police begin removing Greenpeace activists who blocked BP HQ
Greenpeace activists climb up after hanging banners from the windows of the BP headquarters in London, Britain May 20, 2019. REUTERS/Simon Dawson LONDON (Reuters) – British police began removing Greenpeace activists who had blocked BP headquarters in London, a Reuters photographer at the scene said. Greenpeace activists arrived at BP in St James’s Square at Read More

EMGS: Proposed changes to the board of directors

9 hours ago DieselGasoil Comments Off on EMGS: Proposed changes to the board of directors
The chairman of the board of directors of Electromagnetic Geoservices ASA (“EMGS” or the “Company”), Mr Eystein Eriksrud, has today notified the Company that he will not seek re-election at the end of his current service period. The Company has further been informed that Ms Anne Øian, a member of the board of directors of Read More

U.S. President Donald Trump likes fossil fuels but investors don’t

10 hours ago DieselGasoil Comments Off on U.S. President Donald Trump likes fossil fuels but investors don’t
By Matthew A. Winkler on 5/20/2019 Photo: U.S. President Donald Trump. NEW YORK (Bloomberg Opinion) — Fossil fuel never had a better friend in the White House than Donald Trump. So why, two years into his presidency, are investors favoring public companies devoted to renewable energy and giving the Bronx cheer to the coal, gas Read More

Gulfport Energy Corporation Selects Patrick K. Craine as General Counsel and Corporate Secretary

10 hours ago DieselGasoil Comments Off on Gulfport Energy Corporation Selects Patrick K. Craine as General Counsel and Corporate Secretary
OKLAHOMA CITY, May 20, 2019 (GLOBE NEWSWIRE) — Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport” or the “Company”) announced today that Patrick K. Craine has joined the Company as General Counsel and Corporate Secretary reporting to David M. Wood, President and Chief Executive Officer. Mr. Craine has over 20 years of extensive senior-level experience handling a Read More

PDC Energy President & CEO Bart Brookman Mails Letter to Shareholders

11 hours ago DieselGasoil Comments Off on PDC Energy President & CEO Bart Brookman Mails Letter to Shareholders
Reflects on PDC’s Strong Operational and Financial Performance, and Kimmeridge’s Deeply Conflicted Efforts to Replace Directors on the PDC Board with Less Qualified Candidates Urges Shareholders to Vote “FOR” All Three of Company’s Nominees on the WHITE Proxy Card DENVER, May 20, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or “the Company”) (Nasdaq: PDCE) Read More

Greenpeace activists block BP London HQ demanding end to oil exploration

12 hours ago DieselGasoil Comments Off on Greenpeace activists block BP London HQ demanding end to oil exploration
LONDON (Reuters) – Greenpeace activists blocked the entrance to BP’s London headquarters on Monday, demanding one of the world’s biggest energy companies ends all new oil and gas exploration or goes out of business. Greenpeace activists scale the BP headquarters after installing barricades, made of containers, blocking the entrance at St James Square, London, Britain Read More