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ExxonMobil drillship on location – Cyprus Block 10

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11/13/2018 Photo: ExxonMobil’s Stena Icemax drillship. HOUSTON — The Stena Icemax drillship has arrived on location in Cyprus’ offshore Block 10, and is preparing to bore down into the seabed, Energy Minister Giorgos Lakkotrypis said, early this week. He was speaking to the press after giving MPs a briefing on the overall state of play Read More

Exclusive: Agribusiness giant ADM made buyout approach to Argentina's Molinos – sources

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BUENOS AIRES/LONDON (Reuters) – Top U.S. grain merchant Archer Daniels Midland Co (ADM.N) has approached Argentine soy crusher Molinos Agro (MOLA.BA) about buying the company’s livestock feed and soyoil manufacturing plant, and talks may continue, three sources said. FILE PHOTO: Soybeans are loaded onto a truck at a field in the city of Chacabuco April Read More

Exclusive: Agribusiness giant ADM made buyout approach to Argentina's

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BUENOS AIRES/LONDON (Reuters) – Top U.S. grain merchant Archer Daniels Midland Co (ADM.N) has approached Argentine soy crusher Molinos Agro (MOLA.BA) about buying the company’s livestock feed and soyoil manufacturing plant, and talks may continue, three sources said. FILE PHOTO: Soybeans are loaded onto a truck at a field in the city of Chacabuco April Read More

VW plans to sell electric Tesla rival for less than $23,000: source

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FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make Tesla (TSLA.O) rivals, a source familiar with the plans said. VW and other carmakers are struggling to adapt quickly enough to stringent rules introduced after the carmaker was found Read More

Volkswagen plans to sell electric Tesla rival for less than $23,000: source

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FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make the Tesla (TSLA.O) rival, a source familiar with the plans said. FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show Read More

Penn Virginia Reports Third Quarter 2018 Results and Provides Operational Update

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— Entered into Definitive Merger Agreement to be Acquired by Denbury Resources — — Oil Production Increases Nine Percent over Second Quarter — HOUSTON, Nov. 08, 2018 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ:PVAC) today announced its financial and operational results for the third quarter 2018. Significant Third Quarter and Read More

Self-driving car industry needs standards and security: executives

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BERLIN (Reuters) – Automakers need standards for key equipment, a wide-reaching 5G broadband network and strong partnerships to make self-driving cars and electric vehicles a success, top European car industry executives said on Wednesday. FILE PHOTO – Ralf Speth, CEO of Jaguar Land Rover delivers a keynote speech at their ‘Tech Fest’ in London, September Read More

Peyto Celebrates 20 Years With Q3 2018 Results

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CALGARY, Alberta, Nov. 07, 2018 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to mark 20 years in the Canadian energy industry with its operating and financial results for the third quarter of the 2018 fiscal year. By strategically delaying capital investments and production additions until the fall, Peyto Read More