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Contango Announces Fourth Quarter and Full Year 2018 Financial Results

12 hours ago DieselGasoil Comments Off on Contango Announces Fourth Quarter and Full Year 2018 Financial Results
HOUSTON, March 18, 2019 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the fourth quarter and year ended December 31, 2018.  Fourth Quarter 2018 Highlights Production of 3.7 Bcfe for the quarter (39.8 Mmcfed, 42% liquids); within previously provided guidance, despite late Read More

Advanced Emissions Solutions Reports Fourth Quarter and Full Year 2018 Results

13 hours ago DieselGasoil Comments Off on Advanced Emissions Solutions Reports Fourth Quarter and Full Year 2018 Results
Full-Year Refined Coal Distributions in-line with Expectations and Royalties Higher; Acquisition and Integration of Carbon Solutions to form Power Generation & Industrials Segment HIGHLANDS RANCH, Colo., March 18, 2019 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today filed its Annual Report on Form 10-K and reported financial results for Read More

Petroteq Energy Announces Oil Sales

18 hours ago DieselGasoil Comments Off on Petroteq Energy Announces Oil Sales
SHERMAN OAKS, Calif., March 18, 2019 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTC: PQEFF; FSE: PQCF), a fully integrated oil and gas company, announces oil sales. Petroteq is reporting that, on March 18, 2019, oil production sales have commenced at the Asphalt Ridge facility. Two loads of 250 barrels Read More

Precision Drilling Announces Asset Divestitures, Senior Note Redemption and Provides International Contract Update

24 hours ago DieselGasoil Comments Off on Precision Drilling Announces Asset Divestitures, Senior Note Redemption and Provides International Contract Update
This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. All values in Canadian Read More

Economic recovery talk is smoke & mirrors as corporate debt bubble ready to bust – Richard Wolff

3 days ago DieselGasoil Comments Off on Economic recovery talk is smoke & mirrors as corporate debt bubble ready to bust – Richard Wolff
Low interest rates allowed companies to borrow money at no cost. But instead of increasing productivity, the financing was used to drive up the cost of shares, setting the stage for imminent collapse, Prof. Richard Wolff told RT. US private corporate debt stands at a whopping $9 trillion, and that spells major trouble for the Read More

'Severe unintended consequences': OPEC threatens to kill US shale

3 days ago DieselGasoil Comments Off on 'Severe unintended consequences': OPEC threatens to kill US shale
OPEC is ready to produce at full capacity if the NOPEC (No Oil Producing and Exporting Cartels Act) bill is passed in Washington, an action that would likely kill the cash intensive US shale industry. The oil minister of the UAE, Suhail al-Mazrouei, reportedly told lenders at the meeting that if the bill was made Read More

Trueclaim Exploration Inc. Enters into Binding Letter of Intent with New Wave Holdings Corp. for a Proposed Reverse Take-Over

4 days ago DieselGasoil Comments Off on Trueclaim Exploration Inc. Enters into Binding Letter of Intent with New Wave Holdings Corp. for a Proposed Reverse Take-Over
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, March 15, 2019 (GLOBE NEWSWIRE) — Trueclaim Exploration Inc. (TSXV: TRM) (“Trueclaim” or the “Company”) today announced that it has entered into a binding letter of intent (the “LOI”) effective March 8, 2019 with New Wave Holdings Corp. Read More

EBRD arranges $52 million loan to replace coal-fired plant in Bosnia

4 days ago DieselGasoil Comments Off on EBRD arranges $52 million loan to replace coal-fired plant in Bosnia
FILE PHOTO: The headquarter of the European Bank for Reconstruction and Development (EBRD) is seen in London, Britain, November 22, Britain 2016. REUTERS/Stefan Wermuth SARAJEVO (Reuters) – The European Bank for Reconstruction and Development (EBRD) has arranged a 46 million euro ($52.09 million) financing package to replace a highly polluting coal-fired plant in the central Read More

CERAWeek 2019: LNG key factor in energy transition

4 days ago DieselGasoil Comments Off on CERAWeek 2019: LNG key factor in energy transition
By CRAIG FLEMING, TECHNICAL EDITOR, WORLD OIL on 3/14/2019 HOUSTON — On the third day (Wednesday, March 13) of CERAWeek by IHS Markit, the industry’s business leaders outlined global economic trends, shifting geopolitics, emerging government policies and advances in technologies. The majority of the day’s sessions outlined how the transition will occur and to define Read More

RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

5 days ago DieselGasoil Comments Off on RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results
Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per share Full year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per share Quarterly and full year results include a $50.6 million non-cash charge, net of previous accruals, for the Phase I interim GX ruling (the GX Charge), Read More