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New wind and solar power projects tend to come online at the end of the year

7 hours ago DieselGasoil Comments Off on New wind and solar power projects tend to come online at the end of the year
April 25, 2019 New electricity generating capacity is brought online throughout the year, but December has historically been the most significant month for both onshore wind and solar photovoltaic (PV) capacity additions in the United States. Over the past nine years (2010–2018), 43% of all onshore wind capacity and 33% of all solar PV capacity Read More

Martin Midstream Partners Announces Strategic Initiatives

22 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

Occidental Makes Superior Proposal to Acquire Anadarko

1 day ago DieselGasoil Comments Off on Occidental Makes Superior Proposal to Acquire Anadarko
$76.00 Per Share Cash and Stock Proposal Represents Premium of Approximately 20% to Current Value of Transaction Accepted by Anadarko Would Create a $100+ Billion Global Energy Leader with over 1.4 Million Boe/d of Production to Drive Significant Value and Returns for Occidental and Anadarko Shareholders Expected to Be Accretive to Cash Flow and Free Read More

Norhtern Oil and Gas acquires Williston Basin properties

2 days ago DieselGasoil Comments Off on Norhtern Oil and Gas acquires Williston Basin properties
4/23/2019 Photo: Northern Oil & Gas. MINNEAPOLIS — Northern Oil and Gas, Inc. has announced that it has entered into a definitive agreement to acquire the Williston Basin properties of VEN Bakken, LLC (Seller). Seller is a wholly-owned subsidiary of Flywheel Bakken, LLC (formerly Valorem Energy), a portfolio company of the Kayne Private Energy Income Read More

Oceaneering takes delivery of the Ocean Evolution

3 days ago DieselGasoil Comments Off on Oceaneering takes delivery of the Ocean Evolution
4/22/2019 Ocean Evolution. Photo: Oceaneering. HOUSTON — Oceaneering International, Inc. is pleased to announce that the company has taken delivery of the advanced subsea construction support vessel, Ocean Evolution.   The vessel has completed sea trials and received all necessary ABS and U.S. Coast Guard certifications and is currently in Port Fourchon, La., completing final Read More

PrairieSky Announces 2019 First Quarter Results

3 days ago DieselGasoil Comments Off on PrairieSky Announces 2019 First Quarter Results
CALGARY, Alberta, April 22, 2019 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its first quarter (“Q1 2019“) operating and financial results for the period ended March 31, 2019. PRESIDENT’S MESSAGE  First Quarter 2019 Highlights: • Total revenues of $73.2 million, up 42% from $51.6 million in Read More

To survive trade battles, China manufacturers deploy every weapon they can

4 days ago DieselGasoil Comments Off on To survive trade battles, China manufacturers deploy every weapon they can
GUANGZHOU, China (Reuters) – Manufacturers in China facing trade barriers are deploying an array of moves to try to keep foreign customers – giving discounts, tapping tax breaks, trimming workforces and, occasionally, shifting production overseas to skirt tariffs. FILE PHOTO: Visitors attend the China Import and Export Fair, also known as Canton Fair, in the Read More

China to promote using wind energy to power heating

6 days ago DieselGasoil Comments Off on China to promote using wind energy to power heating
FILE PHOTO: A man rides an electric scooter past a wind turbine in Shanghai, China August 11, 2017. REUTERS/Aly Song BEIJING (Reuters) – China on Friday said it would promote using energy generated by the wind to help power heating systems during the bitterly cold winters seen in many parts of the country. That comes Read More