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WATCH Pablo Escobar's home blown to pieces in Colombia

4 hours ago DieselGasoil Comments Off on WATCH Pablo Escobar's home blown to pieces in Colombia
Authorities in Medellin, Colombia have used 180 detonators to demolish a six-floor apartment building that notorious drug lord Pablo Escobar and his family have once called home. The massive concrete structure – the Monaco- stood unoccupied for over 30 years after the building became the target of a car bomb attack in 1988. Over 1,5000 Read More

‘Challenging’ Russia in the Arctic: Political posturing or a war in the making?

4 hours ago DieselGasoil Comments Off on ‘Challenging’ Russia in the Arctic: Political posturing or a war in the making?
As Russia bolsters its efforts to secure and tap the Arctic, both the UK and the US have been vowing to meet its “challenge” – a premise that could lead to war, experts say, if their naval powers could muster the capabilities. “It’s nobody’s lake,” said US Admiral James Foggo in a recent interview with Read More

ClearStream Announces New Board Member

9 hours ago DieselGasoil Comments Off on ClearStream Announces New Board Member
CALGARY, Alberta, Feb. 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, or the “Company”, TSX: CSM and CSM.DB.A) is pleased to announce the addition of a new Board member, effective immediately: Karl Johannson has been appointed as a new Member of the Board of Directors of ClearStream and brings with him extensive operational Read More

‘People who hate Maduro often need humanitarian aid the least’ – Max Blumenthal

11 hours ago DieselGasoil Comments Off on ‘People who hate Maduro often need humanitarian aid the least’ – Max Blumenthal
The narrative about dictator Maduro starving his own people aims to split a polarized Venezuela where the poor still support the government, while those backing the opposition are cashing in on the crisis, Max Blumenthal told RT. Despite mainstream media painting a dire picture in which the entire Venezuelan society –of course, besides Maduro himself Read More

Stockholders of Resolute Energy Approve Merger with Cimarex Energy Co.

16 hours ago DieselGasoil Comments Off on Stockholders of Resolute Energy Approve Merger with Cimarex Energy Co.
DENVER, Feb. 22, 2019 (GLOBE NEWSWIRE) — Resolute Energy Corporation (NYSE: REN) (“Resolute” or the “Company”) today announced that at a special meeting of stockholders held earlier today, Resolute’s stockholders voted to approve the adoption of the merger agreement between Resolute and Cimarex Energy Co. (“Cimarex”).  15,950,431 shares voted in favor of the proposal to adopt Read More

SDRL – Launches Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025 and Contingent Tender Offer

16 hours ago DieselGasoil Comments Off on SDRL – Launches Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025 and Contingent Tender Offer
Hamilton, Bermuda, February 22, 2019 – Seadrill Limited (the “Company”) has commenced a consent solicitation (the “Consent Solicitation”) process to amend certain terms of the indenture and the escrow agreement related to its outstanding 12.0% Senior Secured Notes due 2025 (the “Notes”). Contingent on the successful completion of the Consent Solicitation, the Company plans to Read More

Croatia's Krpan touts new bidding rounds as means to boost output

17 hours ago DieselGasoil Comments Off on Croatia's Krpan touts new bidding rounds as means to boost output
By Kurt Abraham, Editor-in-Chief, World Oil on 2/22/2019 HOUSTON — During the recent North American Prospect Expo (NAPE) held in Houston, the president of the Croatian Hydrocarbon Agency (CHA), Marijan Krpan, visited with World Oil about the steps his government is taking, to improve the country’s oil and gas production. Key among these are two Read More

U.S., China struggle to bridge trade gaps, more time seen likely

18 hours ago DieselGasoil Comments Off on U.S., China struggle to bridge trade gaps, more time seen likely
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators met on Friday to wrap up a week of talks that have seen the two sides struggle over the details of structural reform commitments by China, increasing the likelihood of extending the March 1 U.S. deadline for a deal. FILE PHOTO: U.S. Trade Representative Robert Lighthizer Read More

ExxonMobil to increase Permian profitability through digital partnership with Microsoft

21 hours ago DieselGasoil Comments Off on ExxonMobil to increase Permian profitability through digital partnership with Microsoft
2/22/2019 IRVING, Texas — ExxonMobil has announced that a new partnership with Microsoft will make its Permian basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies. The application of Microsoft Read More

U.S. judge will not block Amazon-Berkshire-JPMorgan health venture's new hire

21 hours ago DieselGasoil Comments Off on U.S. judge will not block Amazon-Berkshire-JPMorgan health venture's new hire
BOSTON (Reuters) – A federal judge on Friday declined to block a UnitedHealth Group Inc unit’s former executive from working at a new healthcare venture launched by Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co. Traders work at the post where UnitedHealth Group is traded on the floor of the New York Stock Read More