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Kosmos energy appoints new CEO

3 days ago DieselGasoil Comments Off on Kosmos energy appoints new CEO
2/18/2019 Map: Kosmos Energy. DALLAS — Kosmos Energy has announced that chief exploration officer and founding partner Brian F. Maxted has decided to retire from the company effective Feb. 15, 2019. Mr. Maxted will remain on the board of directors and continue to serve as a special adviser on matters related to exploration. Ms. Tracey Read More

South Africa oil discovery could be a game-changer

1 week ago DieselGasoil Comments Off on South Africa oil discovery could be a game-changer
South Africa’s offshore has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of the country. France’s major Total said that it had made a significant discovery on the Brulpadda prospects off the southern coast of South Africa. “With this discovery, Total Read More

Marriott teams up with Kuwait Projects on St. Regis resort in Morocco

2 weeks ago DieselGasoil Comments Off on Marriott teams up with Kuwait Projects on St. Regis resort in Morocco
FILE PHOTO: A Marriott flag hangs at the entrance of the New York Marriott Downtown hotel in Manhattan, New York November 16, 2015. REUTERS/Andrew Kelly/File Photo DUBAI (Reuters) – United Real Estate Co., a unit of Kuwait Projects Co, and Marriott International said in a joint statement on Saturday that they had agreed to open Read More

Happy Birthday, Facebook! A short history of the social network’s biggest gaffes

2 weeks ago DieselGasoil Comments Off on Happy Birthday, Facebook! A short history of the social network’s biggest gaffes
Facebook turns 15 today and to reflect on how the world has changed since Mark Zuckerberg first dreamt up what would become a scandal-plagued global behemoth, RT looks back at some of its biggest controversies. 1. A sneaky start Zuckerberg’s questionable moves first came to light back in 2004 when he brutally cut his co-founder Eduardo Read More

Halliburton plans to reduce capital spending in fourth-quarter report

4 weeks ago DieselGasoil Comments Off on Halliburton plans to reduce capital spending in fourth-quarter report
1/23/2019 Rig hands. Photo: Halliburton HOUSTON — Halliburton Company has reported income from continuing operations of $664 million, or $0.76 per diluted share, for fourth-quarter 2018. This compares to income from continuing operations for the third quarter of 2018 of $435 million, or $0.50 per diluted share. Adjusted income from continuing operations for the fourth Read More

Drought, animal disease threaten South African farmers

1 month ago DieselGasoil Comments Off on Drought, animal disease threaten South African farmers
JOHANNESBURG (Reuters) – South African grain and red meat farmers are bracing for hard times after dry weather conditions and an outbreak of the highly contagious foot and mouth disease suspended meat exports, officials said on Friday. FILE PHOTO: Cattle graze on a barren and parched land at a field in Hoopstad, a maize-producing district Read More

Tullow has published it trading statement and operational update

1 month ago DieselGasoil Comments Off on Tullow has published it trading statement and operational update
1/16/2019 Jubilee field, Ghana, West Africa. Map: Tullow Oil. LONDON — Tullow Oil plc issues this statement to summarize recent operational activities and to provide trading guidance in respect of the financial year to Dec. 31, 2018. This is in advance of the group’s full year results, which are scheduled for release on Wed., Feb. Read More

Newmont to become largest gold producer with $10 billion Goldcorp buy

1 month ago DieselGasoil Comments Off on Newmont to become largest gold producer with $10 billion Goldcorp buy
FILE PHOTO: Senior Refinery technician Vincente Sandoval puts a gold “button” into a furnace to be further refined to form gold dore bars at Newmont Mining’s Carlin gold mine operation near Elko, Nevada, U.S., May 21, 2014. REUTERS/Rick Wilking/File Photo (Reuters) – Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc Read More

Newmont to buy Goldcorp for $10 billion to create world's largest gold producer

1 month ago DieselGasoil Comments Off on Newmont to buy Goldcorp for $10 billion to create world's largest gold producer
FILE PHOTO: The portal is seen at Goldcorp Inc’s Borden all-electric underground gold mine near Chapleau, Ontario, Canada, June 13, 2018. REUTERS/Chris Wattie (Reuters) – Newmont Mining Corp said on Monday that it would buy smaller rival Goldcorp Inc in a deal valued at $10 billion, creating the world’s biggest gold producer by output. The Read More

Newmont to buy Goldcorp in $10 billion deal to create world's largest gold producer

1 month ago DieselGasoil Comments Off on Newmont to buy Goldcorp in $10 billion deal to create world's largest gold producer
FILE PHOTO: The portal is seen at Goldcorp Inc’s Borden all-electric underground gold mine near Chapleau, Ontario, Canada, June 13, 2018. REUTERS/Chris Wattie (Reuters) – Newmont Mining Corp said on Monday that it would buy smaller rival Goldcorp Inc in a deal valued at $10 billion, creating the world’s biggest gold producer by output. The Read More