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Precision Drilling Corporation Announces 2019 First Quarter Unaudited Financial Results

43 mins ago DieselGasoil Comments Off on Precision Drilling Corporation Announces 2019 First Quarter Unaudited Financial Results
CALGARY, Alberta, April 25, 2019 (GLOBE NEWSWIRE) — (Canadian dollars except as indicated) This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” Read More

German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks

2 hours ago DieselGasoil Comments Off on German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-bank. FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo After nearly six weeks of talks, Germany’s two Read More

Royal Bank of Scotland CEO McEwan to step down after more than five years

3 hours ago DieselGasoil Comments Off on Royal Bank of Scotland CEO McEwan to step down after more than five years
LONDON (Reuters) – Royal Bank of Scotland is searching for a new chief executive after Ross McEwan resigned, signaling a fresh start as it heads for full private ownership after a state bailout. FILE PHOTO: Royal Bank of Scotland chief executive Ross McEwan is seen outside Downing Street in London, Britain March 20, 2019. REUTERS/Hannah Read More

Trudeau’s government to decide on Trans Mountain pipeline by June

3 hours ago DieselGasoil Comments Off on Trudeau’s government to decide on Trans Mountain pipeline by June
The federal government of Canada will announce its final decision on the Trans Mountain pipeline expansion project in mid-June, Finance Minister Marc Garneau told media. Interestingly, the decision may be to drop the project altogether, which was in the cards when the government bought the project from exasperated Kinder Morgan. When Ottawa bought the Trans Read More

Britain to allow Huawei restricted access to 5G network

6 hours ago DieselGasoil Comments Off on Britain to allow Huawei restricted access to 5G network
GLASGOW, Scotland (Reuters) – Britain will allow Huawei Technologies a restricted role in building parts of its 5G network, seeking a middle way in a bitter dispute between the United States and China over the next generation of communications technology. Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United Read More

Pieridae Energy Announces 2018 Year End Results, Progress Made on Goldboro LNG Project and Board Change

9 hours ago DieselGasoil Comments Off on Pieridae Energy Announces 2018 Year End Results, Progress Made on Goldboro LNG Project and Board Change
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATES CALGARY, Alberta, April 24, 2019 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Corporation”) (PEA – TSXV) released its 2018 financial and operating results today, highlighting the fact it took some key steps forward last year in advancing its Goldboro Read More

Talos Energy appoints Shane Young as executive V.P. and CFO

13 hours ago DieselGasoil Comments Off on Talos Energy appoints Shane Young as executive V.P. and CFO
4/24/2019 HOUSTON — Talos Energy Inc. has announced the appointment of Shannon E. young, III as executive V.P. and CFO of Talos, effective May 16, 2019. Michael L. Harding, II, currently executive V.P., CFO, chief accounting officer and treasurer, will continue to serve as the chief accounting officer of the company on an interim basis Read More

Martin Midstream Partners Announces Strategic Initiatives

15 hours ago DieselGasoil Comments Off on Martin Midstream Partners Announces Strategic Initiatives
KILGORE, Texas, April 24, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today strategic initiatives designed to strengthen the balance sheet by reducing leverage and allowing the Partnership to retain earnings to fund growth opportunities.  These initiatives consist of: The previously announced marketing of the Partnership’s gas storage assets. The active Read More

Interserve finance chief resigns weeks after rescue deal

17 hours ago DieselGasoil Comments Off on Interserve finance chief resigns weeks after rescue deal
FILE PHOTO: The Interserve logo is seen on a flag at Interserve offices in Twyford, Britain January 17, 2018. REUTERS/Peter Nicholls (Reuters) – Britain’s troubled outsourcer Interserve Group Ltd said on Wednesday its finance chief Mark Whiteling had resigned after being in the post since Oct. 2017. Whiteling’s resignation comes weeks after the debt-laden company Read More

Weekly share repurchase program transaction details

18 hours ago DieselGasoil Comments Off on Weekly share repurchase program transaction details
  April 24, 2019 SBM Offshore reports the transaction details related to its EUR175 million (c. US$200 million) share repurchase program for the period April 18, 2019 through April 24, 2019. The repurchases were made under the EUR175 million share repurchase program announced on and effective from February 14, 2019. The objective of the program Read More