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Marksmen Announces Closing of Final Tranche of Oversubscribed Private Placement

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CALGARY, Alberta, Nov. 16, 2018 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it has completed the second and final closing (“Second Tranche”) of its previously announced non-brokered private placement, which was increased to 3,125,002 units (the “Units”) of Marksmen at a price of $0.12 per Unit, for aggregate gross proceeds Read More

Taiwan's Iranian crude oil imports to fall 40% on year to 6 mil barrels in 2018

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Singapore — Taiwan’s Iranian crude oil imports would be capped at 5.99 million barrels in 2018, down 40% from the 9.95 million barrels in 2017 due to the snapback of US sanctions on Iran. Taiwan received 1.99 million barrels, or 66,381 b/d of Iranian crude oil in September — its third cargo so far this Read More

Australia's bank chiefs to face the music as misconduct inquiry wraps up

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SYDNEY (Reuters) – The CEOs of Australia’s top banks and wealth manager will testify at a public inquiry into financial-sector misconduct in two weeks of hearings starting on Monday, in the final stages of a year-long process that looks set to transform the industry. FILE PHOTO: A Commonwealth Bank of Australia logo adorns the wall Read More

Questerre reports third quarter 2018 results

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THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICATO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 15, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2018. Read More

US rig count rises by 21 on week to 1,200

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Highlights Operators deploy 11 more gas rigs week on week High gas prices, low storage motivating producers Houston — The US oil and natural gas rig count surged by 21 this week to 1,200, the highest total since early 2015, with gas-oriented rigs accounting for the bulk of the additions, according to data by S&P Read More

McDermott wins contract for GOM field development

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11/15/2018 HOUSTON — McDermott International was awarded a contract for concept and engineering services for Talos Energy for the Zama field project. The development is the first offshore Mexico block awarded to a private operator. The contract is for engineering services, including concept selection and follow-on pre-FEED.  McDermott will execute this contract award with io Read More

WB XPress Project’s Eastern Build Placed Into Service

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HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) — News Release — TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced the Eastern Build of WB XPress (WBX) has been placed into service, completing the final phase of a critical natural gas infrastructure project that provides Appalachian producers with access to Mid-Atlantic markets. “The completion of WB Read More

British Brexit turmoil spooks investors, boosts dollar, yen

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LONDON (Reuters) – The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors across currency markets. U.S. dollars and other world currencies lie in a charity receptacle at Pearson international airport in Toronto, Ontario, Canada June 13, 2018. REUTERS/Chris Read More

Breaking bad: Bitcoin crashes to lowest level in over a year

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The world’s most popular cryptocurrency has fallen to a more than a one-year low on Wednesday, breaking through the key support level of $6,000. The price dropped by almost 11 percent in a single day of trading. The digital currency’s price recovered slightly on Thursday, trading at $5,680.01, down over $800 over the last 24 Read More

Euro extends gains as Italian concerns take back seat

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LONDON (Reuters) – The euro strengthened on Thursday as investors cautiously welcomed Britain’s draft Brexit deal with the European Union and concerns about the Italian budget stand-off eased. FILE PHOTO: Dollar, Euro and Pound banknotes are seen in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration Most currencies traded in tight ranges at the Read More