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Texas-based fracing water provider Select Energy considering sale

5 days ago DieselGasoil Comments Off on Texas-based fracing water provider Select Energy considering sale
By Kiel Porter on 5/19/2019 Photo: Select Energy Services logo. CHICAGO (Bloomberg) –Select Energy Services Inc., a provider of water to shale drillers, is in the early stages of considering a sale, according to people familiar with the matter. The Gainesville, Texas-based company has spoken to advisers about exploring strategic options, including a potential sale, Read More

Revealed: US pressure on Ireland over Israeli settlements bill

6 days ago DieselGasoil Comments Off on Revealed: US pressure on Ireland over Israeli settlements bill
US politicians and lobbyists applied pressure on the Irish government before it passed a bill banning goods from illegal Israel settlements, including threatening the immigration status of Irish people in the US. Documents obtained from a Freedom of Information Act request by the TheJournal.ie reveal lobby groups and US politicians sought to influence the Irish Read More

The shale boom is about to go bust

2 weeks ago DieselGasoil Comments Off on The shale boom is about to go bust
The shale boom has transformed US oil and gas, but even with a plethora of technological advances it appears that its days are numbered. The shale industry faces an uncertain future as drillers try to outrun the treadmill of precipitous well declines. For years, companies have deployed an array of drilling techniques to extract more Read More

India’s incredulous data: Economists create own benchmarks

2 weeks ago DieselGasoil Comments Off on India’s incredulous data: Economists create own benchmarks
NEW DELHI (Reuters) – Economists and investors are increasingly showing that they have little or no confidence in India’s official economic data – presenting whoever is elected as the next prime minister with an immediate problem. FILE PHOTO: Job seekers fill up forms as others line up for registration during a job fair in Chinchwad, Read More

Peyto Announces Q1 2019 Results

2 weeks ago DieselGasoil Comments Off on Peyto Announces Q1 2019 Results
CALGARY, Alberta, May 07, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the first quarter of the 2019 fiscal year. A 68% Operating Margin(1) and a 16% Profit Margin(2) in the quarter delivered a 6% return on capital employed (ROCE) Read More

Global markets slide after Trump issues new tariff threat

2 weeks ago DieselGasoil Comments Off on Global markets slide after Trump issues new tariff threat
The FTSE 100 has fallen sharply as traders worry about Donald Trump’s latest threat to ramp up trade tariffs on China. London’s leading share index was down by 120 points, or 1.6% – wiping about £30bn off the combined market values of its constituent companies in what was the biggest one-day fall since March. China-exposed Read More

Indonesia says ramping up push against mercury in mining, industry

2 weeks ago DieselGasoil Comments Off on Indonesia says ramping up push against mercury in mining, industry
FILE PHOTO: A miner carries a sack of stones containing gold material at the site of Poboya gold mining area in Indonesia’s Central Sulawesi province April 19, 2012. REUTERS/Yusuf Ahmad JAKARTA (Reuters) – Indonesia on Tuesday said it was beefing up its efforts to phase out the use of toxic metal mercury in sectors such Read More

U.S. uranium production in 2018 was the lowest in nearly 70 years

3 weeks ago DieselGasoil Comments Off on U.S. uranium production in 2018 was the lowest in nearly 70 years
May 6, 2019 The United States produced 1.47 million pounds of uranium concentrate in 2018, down for the fourth consecutive year and the lowest total since 1950, based on preliminary production data. Uranium production in the United States has declined since its peak of 43.7 million pounds in 1980 and has remained below 5 million Read More

Sherpas genetically predisposed to living at altitude

3 weeks ago DieselGasoil Comments Off on Sherpas genetically predisposed to living at altitude
Sherpas like Tenzing Norgay, who along with Edmund Hillary, first conquered Everest, have inherited genes from a long-extinct human sub-species that help them cope with living high in the mountains. A 160,000-year-old jawbone found in a cave has revealed the ancient human species Denisovans lived at altitudes of 11,000ft. Scientists say the extinct race of Read More