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Oil surplus blunting price impact of sanctions, tanker attacks: US State Department’s Iran envoy

1 day ago DieselGasoil Comments Off on Oil surplus blunting price impact of sanctions, tanker attacks: US State Department’s Iran envoy
Washington — A global oil surplus has prevented a price spike from both the full reimposition of US sanctions on Iranian oil exports and from Iranian attacks on oil tankers in the Strait of Hormuz, Brian Hook, the US State Department’s special representative for Iran, said in an interview Thursday with S&P Global Platts. Not Read More

VAALCO Energy, Inc. Announces Payment of Amount Due Under Final Settlement Agreement With Sonangol E.P. in Angola

3 days ago DieselGasoil Comments Off on VAALCO Energy, Inc. Announces Payment of Amount Due Under Final Settlement Agreement With Sonangol E.P. in Angola
HOUSTON, July 17, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced that the Company has paid $4.5 million to Angola National Agency of Petroleum, Gas, and Biofuels (ANPG), as National Concessionaire, under the terms of the previously announced Settlement Agreement executed earlier this year that finalized the termination of VAALCO’s rights, liabilities Read More

U.S. regulators approve $5 billion Facebook settlement over privacy issues: source

1 week ago DieselGasoil Comments Off on U.S. regulators approve $5 billion Facebook settlement over privacy issues: source
(Reuters) – The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc (FB.O) this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. Small toy figures are seen in front of Facebook logo in this illustration picture, April Read More

Delphi Energy Corp. Announces Extension of Credit Facility

1 week ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Extension of Credit Facility
CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces that the annual borrowing base redetermination of its senior credit facility has been finalized. The amended credit facility has a borrowing base of $100.0 million reducing to $90.0 million upon the earlier of September 30, 2019 and the completion Read More

Pieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper

1 week ago DieselGasoil Comments Off on Pieridae Negotiates Extensions of Key Deadlines in Its Long-Term LNG Agreement With Uniper
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATES CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Pieridae Energy Limited (Pieridae or the Company) (TSXV: PEA) today announced it has negotiated extensions of the key deadlines under its 20-year agreement with German utility Uniper. These include expected commercial deliveries of gas Read More

Trump intervention delaying EPA biofuel waiver action, sources say

1 week ago DieselGasoil Comments Off on Trump intervention delaying EPA biofuel waiver action, sources say
WASHINGTON (Reuters) – U.S. President Donald Trump’s request for a review of the administration’s expanded use of biofuel waivers for oil refiners is holding up its decisions on 2018 applications, according to three sources familiar with the matter, two of whom said Trump may soon host a meeting on the issue. FILE PHOTO: A sign Read More

Russian refinery news roundup: Refineries largely back from maintenance works

2 weeks ago DieselGasoil Comments Off on Russian refinery news roundup: Refineries largely back from maintenance works
London — Russian refineries have mostly returned from maintenance works. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Separately, Russia’s Komsomolsk refinery was connected via an offshoot to the ESPO pipeline on July 6-7 in order to start receiving crude shipments, a spokesman for Transneft said. The pipeline fill-in Read More

Amazon founder Bezos’ divorce final with $38 billion settlement: report

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FILE PHOTO: 2018 Vanity Fair Oscar Party – Arrivals – Beverly Hills, California, U.S., 04/03/2018 – Amazon CEO Jeff and wife MacKenzie Bezos. REUTERS/Danny Moloshok (Reuters) – Amazon.com Inc (AMZN.O) founder Jeff Bezos’ divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her Read More

Aker BP discovers oil at Frosk, west of Stavanger

3 weeks ago DieselGasoil Comments Off on Aker BP discovers oil at Frosk, west of Stavanger
7/1/2019 STAVANGER — Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A. Source: NPD. The wells, which are also pilot wells for test production, were drilled diagonally and horizontally, 2 and 3 km northeast and north respectively, from the Read More

Russian energy giant Novatek sells 10% stake in Arctic LNG 2 to Japanese firms

3 weeks ago DieselGasoil Comments Off on Russian energy giant Novatek sells 10% stake in Arctic LNG 2 to Japanese firms
Japanese consortium Mitsui & Co (Mitsui) and Japan Oil, Gas and Metals National Corporation (JOGMEC) have signed a deal with one of Russia’s largest natural gas producers to take a 10-percent stake in the Arctic LNG 2 project. The sales and purchase agreement was signed on Saturday in the presence of Russian President Vladimir Putin Read More