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VAALCO Schedules Fourth Quarter and Full Year 2018 Earnings Release and Conference Call

2 days ago DieselGasoil Comments Off on VAALCO Schedules Fourth Quarter and Full Year 2018 Earnings Release and Conference Call
HOUSTON, Feb. 20, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced the timing of its fourth quarter earnings release and conference call. VAALCO said it will issue its fourth quarter 2018 earnings release on Wednesday, March 6 after the close of trading and host a conference call to discuss fourth quarter financial Read More

Noble Energy announces 2018 results, provides 2019 guidance

3 days ago DieselGasoil Comments Off on Noble Energy announces 2018 results, provides 2019 guidance
2/19/2019 Photo: Noble Energy Chairman and CEO Dave Stover. HOUSTON — Noble Energy, Inc. has announced fourth quarter and full-year 2018 financial and operating results. In addition, the company will be focused on delivering sustainable organic free cash flow in 2020 and beyond. Fourth quarter highlights  Organic capital expenditures funded by Noble Energy totaled $643 Read More

Shrinking demand may necessitate OPEC production cut extension

1 week ago DieselGasoil Comments Off on Shrinking demand may necessitate OPEC production cut extension
By Julian Lee on 2/14/2019 LONDON (Bloomberg) — Even as OPEC begin implementing the output cuts they agreed in December, the world’s crude requirements are shrinking further, suggesting that they will need to extend the deal through the second half of the year.  The latest forecasts from supply-and-demand studies of the oil industry’s most-watched organizations Read More

VAALCO Energy Announces 76% Increase in Proved Reserves at Year-End 2018 and a 2019 Drilling Program to Include Up to Three Development Wells Funded With Cash on Hand and Cash From Operations

2 weeks ago DieselGasoil Comments Off on VAALCO Energy Announces 76% Increase in Proved Reserves at Year-End 2018 and a 2019 Drilling Program to Include Up to Three Development Wells Funded With Cash on Hand and Cash From Operations
HOUSTON, Feb. 11, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced 2018 year-end reserves and plans for drilling in 2019. Highlights Produced an average of 3,750 barrels of oil per day (“BOPD”) net in 2018 and sold 1.44 million barrels of oil (“MMBO”) net to the Company in 2018 Increased year-end proved Read More

Live snake used to 'torture' police suspect in Indonesia

2 weeks ago DieselGasoil Comments Off on Live snake used to 'torture' police suspect in Indonesia
A suspect has been threatened with having a live snake stuffed in his mouth during a police interrogation in Indonesia. Video of the alleged incident also shows the man with the snake draped around his neck as officers try to get him to admit to stealing mobile phones. The suspect is seen with his hands Read More

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

3 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

How Donald Trump plays havoc with OPEC policy

3 weeks ago DieselGasoil Comments Off on How Donald Trump plays havoc with OPEC policy
By Julian Lee, bloomberg on 2/3/2019 NEW YORK (Bloomberg Opinion) —  If timing is everything, why does OPEC seem to keep getting it so wrong? The group’s 2019 oil output cuts got off to a flying start in January and they’re going to get bigger, just as U.S. sanctions on Venezuela start to bite. The Read More

Last children held in notorious Aussie-run Nauru detention camp for refugees to be resettled in US

3 weeks ago DieselGasoil Comments Off on Last children held in notorious Aussie-run Nauru detention camp for refugees to be resettled in US
The four remaining children in a refugee camp in Nauru are preparing to fly to the US, the Australian PM has said. They would be resettled as part of a deal struck under Barack Obama and slammed by Donald Trump as “dumb.” Prime Minister Scott Morrison said that the four minors were the last child Read More

Last children held in notorious Australia-run Nauru detention camp for refuges to be resettled in US

3 weeks ago DieselGasoil Comments Off on Last children held in notorious Australia-run Nauru detention camp for refuges to be resettled in US
The four remaining children in a refugee camp in Nauru are preparing to fly to the US, Australian PM has said. They would be resettled as part of a deal, struck under Barack Obama and slammed by Donald Trump as “dumb.” Prime Minister Scott Morrison said that the four minors were the last child asylum Read More

ExxonMobil creates new upstream businesses, names new leaders

3 weeks ago DieselGasoil Comments Off on ExxonMobil creates new upstream businesses, names new leaders
1/31/2019 IRVING, Texas — ExxonMobil Corporation will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025. “We’re simplifying and integrating our upstream organization to better capitalize on the industry-leading portfolio we’ve assembled through acquisitions and exploration success in the Read More