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Large parts of Bermuda plunged into darkness as Hurricane Humberto whips island

23 mins ago DieselGasoil Comments Off on Large parts of Bermuda plunged into darkness as Hurricane Humberto whips island
HAMILTON, Bermuda (Reuters) – Hurricane Humberto knocked out power lines in Bermuda on Wednesday night, plunging nearly the whole Atlantic archipelago into darkness, as the storm whipped the British territory with powerful winds and heavy rain. FILE PHOTO: The eye of Hurricane Humberto is seen as National Oceanic and Atmospheric Administration (NOAA) Hurricane Hunter flies Read More

Large parts of Bermuda plunged into darkness as Hurricane Humberto clips island

3 hours ago DieselGasoil Comments Off on Large parts of Bermuda plunged into darkness as Hurricane Humberto clips island
HAMILTON, Bermuda (Reuters) – Hurricane Humberto knocked out power lines in Bermuda on Wednesday night, plunging half of the Atlantic archipelago into darkness, as the storm whipped the British territory with powerful winds and rain. FILE PHOTO: The eye of Hurricane Humberto is seen as National Oceanic and Atmospheric Administration (NOAA) Hurricane Hunter flies across Read More

Greenfields Petroleum Corporation Announces Extension of Senior Debt Payment

7 hours ago DieselGasoil Comments Off on Greenfields Petroleum Corporation Announces Extension of Senior Debt Payment
HOUSTON, Sept. 18, 2019 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Company” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces the execution of a deferral letter with its senior debt lender, Vitol Energy (Bermuda) Ltd. (“Vitol”), to defer payments in the aggregate of $14.3 million (including restructuring fee-$1.4m) Read More

FRO – Expiration of options to purchase additional Suezmax tankers

8 hours ago DieselGasoil Comments Off on FRO – Expiration of options to purchase additional Suezmax tankers
Reference is made to the notice of 23 August 2019, whereby Frontline Ltd. (“Frontline”) (NYSE and OSE: FRO) announced an agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”) and certain related entities, to acquire ten Suezmax tankers, with two separate options to acquire two plus two additional Suezmax tankers Read More

Extraction Oil & Gas, Inc. Announces the Appointment of Audrey Robertson to its Board of Directors

8 hours ago DieselGasoil Comments Off on Extraction Oil & Gas, Inc. Announces the Appointment of Audrey Robertson to its Board of Directors
DENVER, Sept. 18, 2019 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction”) today announced that its Board of Directors has appointed Audrey Robertson to serve as an independent member of the Company’s Board. Ms. Robertson will serve as a member of the Audit Committee. The appointment is effective immediately and now brings Read More

Fed cuts rates again, gives mixed signals for next move

9 hours ago DieselGasoil Comments Off on Fed cuts rates again, gives mixed signals for next move
NEW YORK (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. HIGHLIGHTS: ** Fed cuts target interest rate 25 Read More

Instant view: Fed cuts rates again, gives mixed signals for next move

10 hours ago DieselGasoil Comments Off on Instant view: Fed cuts rates again, gives mixed signals for next move
NEW YORK (Reuters) – The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next. HIGHLIGHTS: ** Fed cuts target interest rate 25 Read More

TC Energy provides Series 9 Preferred Shares conversion right and dividend rate notice

15 hours ago DieselGasoil Comments Off on TC Energy provides Series 9 Preferred Shares conversion right and dividend rate notice
CALGARY, Alberta, Sept. 18, 2019 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy) announced today that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 9 (Series 9 Shares) on October 30, 2019. As a result, subject to certain conditions, the holders Read More

Enphase Energy Delivers Advanced Energy Systems to Ipsun Solar for Washington, D.C. Area Homeowners

16 hours ago DieselGasoil Comments Off on Enphase Energy Delivers Advanced Energy Systems to Ipsun Solar for Washington, D.C. Area Homeowners
FREMONT, Calif., Sept. 18, 2019 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that Ipsun Solar leverages the Enphase Home Energy Solution with IQ™ to serve its customers with deep insights into their Enphase-based solar systems. As a premier solar installation Read More

Weatherford, Saudi Aramco sign five-year procurement deal

17 hours ago DieselGasoil Comments Off on Weatherford, Saudi Aramco sign five-year procurement deal
9/18/2019 BAAR, SWITZERLAND – Weatherford has announced the signing of a five-year corporate procurement agreement with Saudi Aramco to deliver cementation, completions, liners, solid expandables and casing exit technologies. The agreement establishes a foundation for future collaboration between Weatherford and Saudi Aramco, built on the forefront of oilfield technology and unsurpassed value. Weatherford vice president, Read More