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PG&E close to reshaping leadership with investor backing: WSJ

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(Reuters) – PG&E Corp is close to naming a new chief executive officer and revamping its board backed by some of its largest investors, the Wall Street Journal said on Saturday, as the power utility restructures after filing for bankruptcy because of potential liabilities from California wildfires. A PG&E truck carrying an American Flag drives Read More

Mutual funds start to put their mouth where their money is

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(Reuters) – Corporate America’s biggest shareholders have traditionally been content with sharing their views on a company’s strategy privately with management. FILE PHOTO: Logo of global bioPharmaceutical company Bristol-Myers Squibb is pictured at the headquarters in Le Passage, near Agen, France March 29, 2018. REUTERS/Regis Duvignau/File Photo But now some mutual funds are beginning to Read More

Chaparral Energy Announces Fourth Quarter and Full Year 2018 Financial and Operational Results

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OKLAHOMA CITY, March 14, 2019 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) announced today its fourth quarter and full year 2018 financial and operational results with the filing of its form 10-K. The company will hold its financial and operating results call this morning, March 14 at 9 a.m. Central. 2018 Highlights Recorded 2018 Read More

Delphi Energy Corp. Reports 2018 Year End Results

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CALGARY, Alberta, March 13, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the year ended December 31, 2018. 2018 HIGHLIGHTS Successfully executed a twelve (7.80 net) well drilling program and various infrastructure projects to support future growth; Completed construction and commissioned the Read More

Oil options trading jumps as large producer is said to hedge

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By Catherine Ngai, Sabrina Valle and Alex Longley on 3/13/2019 NEW YORK, RIO DE JANIERO and LONDON (Bloomberg) — Global oil options markets this week were the busiest since November after a flurry of buying from what appeared to be a large producer protecting against a drop in prices. Trading on Monday was dominated by $60 Read More

‘It was a mistake’: Facebook lifts ban on Zero Hedge, says it ‘accidentally’ labeled content as spam

6 days ago DieselGasoil Comments Off on ‘It was a mistake’: Facebook lifts ban on Zero Hedge, says it ‘accidentally’ labeled content as spam
After backlash online, Facebook said it accidentally labeled stories by popular anti-establishment blog Zero Hedge as spam. Its readers had complained that they began experiencing problems while sharing the blog’s content. “This was a mistake with our automation to detect spam and we worked to fix it yesterday,” Facebook’s spokesperson was quoted by Breitbart as Read More

Halcón Resources Announces Fourth Quarter 2018 Results and Provides an Update on Operations and Other Activities

6 days ago DieselGasoil Comments Off on Halcón Resources Announces Fourth Quarter 2018 Results and Provides an Update on Operations and Other Activities
DENVER, March 12, 2019 (GLOBE NEWSWIRE) — Halcón Resources Corporation (NYSE:HK) (“Halcón” or the “Company”) today announced its fourth quarter 2018 results and provided an update on recent well results, operations and other matters. Net production for the three months ended December 31, 2018 averaged 17,196 barrels of oil equivalent per day (Boe/d).  Production was Read More

China continues boosting gold reserves as part of its anti-dollar push

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The People’s Bank of China increased its gold reserves for a third straight month in February, bringing total holdings to 1,874 tons, or 60.26 million ounces. The move is part of China’s strategy to shift away from the US dollar. According to the central bank, it has added about 32 tons of the precious metal Read More

China continues hoarding gold as part of its anti-dollar push

6 days ago DieselGasoil Comments Off on China continues hoarding gold as part of its anti-dollar push
The People’s Bank of China increased its gold reserves for a third straight month in February, bringing total holdings to 1,874 tons, or 60.26 million ounces. The move is part of China’s strategy to shift away from the US dollar. According to the central bank, it has added about 32 tons of the precious metal Read More

Violation of what? Users puzzled by Facebook’s ban on sharing Zero Hedge links

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Users complained that Facebook blocked their attempts to share stories published by popular anti-establishment blog Zero Hedge, citing the violation of community standards, ‘abusive’ content, and ‘errors’ among the reasons. “Over the weekend, we were surprised to learn that some readers were prevented by Facebook when attempting to share Zero Hedge articles,” the publication wrote Read More