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Crude oil aims for biggest weekly advance since early April, as Persian Gulf tensions grow

2 days ago DieselGasoil Comments Off on Crude oil aims for biggest weekly advance since early April, as Persian Gulf tensions grow
By Jessica Summers on 5/17/2019 Photo: Gulfport Energy. NEW YORK (Bloomberg) — The global benchmark has risen more than 2% so far this week, while New York futures edged higher by 2.2%. Tensions in the Middle East are increasing as Saudi Arabia accused Iran of being behind the attack on its pumping stations. That follows Read More

Sundance Energy Australia Limited Reports First Quarter 2019 Financial and Operational Results

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DENVER, May 16, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported its first quarter 2019 financial and operations results today. First Quarter 2019 Financial Results Highlights First quarter Read More

Nestle revamp advances with $10 billion sale of skin health unit to buyout funds

3 days ago DieselGasoil Comments Off on Nestle revamp advances with $10 billion sale of skin health unit to buyout funds
ZURICH/FRANKFURT (Reuters) – Nestle has entered exclusive talks to sell its skin Health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.12 billion), as the food group shifts its portfolio in response to changing consumer demands. FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle Read More

Soros Fund Management increases stake in Tesla convertible bonds: filings

3 days ago DieselGasoil Comments Off on Soros Fund Management increases stake in Tesla convertible bonds: filings
FILE PHOTO: Business magnate George Soros arrives to speak at the Open Russia Club in London, Britain June 20, 2016. REUTERS/Luke MacGregor/File Photo (Reuters) – Billionaire George Soros’ investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc’s (TSLA.O) convertible bonds due in 2021 by 17.5 million convertible bonds to 37.5 million convertible Read More

Bellatrix Exploration Ltd. Announces First Quarter 2019 Financial and Operating Results

3 days ago DieselGasoil Comments Off on Bellatrix Exploration Ltd. Announces First Quarter 2019 Financial and Operating Results
CALGARY, Alberta, May 15, 2019 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix”, “we”, “us”, “our” or the “Company”) (TSX: BXE) announces its financial and operating results for the three months ended March 31, 2019. This press release contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at Read More

Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings

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Facebook, Amazon, Netflix and Google logos are seen in this combination photo from Reuters files. REUTERS/File Photos (Reuters) – Some of the biggest, highest-profile U.S. hedge fund investors fell back in love with FAANGs in the first quarter, according to regulatory filings released on Wednesday. After dumping shares of Facebook Inc, Apple Inc, Amazon.com Inc, Read More

Harvest Oil & Gas Announces First Quarter 2019 Results

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HOUSTON, May 15, 2019 (GLOBE NEWSWIRE) — Harvest Oil & Gas Corp. (OTCQX: HRST) (“Harvest” or the “Company”) today announced results for the first quarter of 2019 and the filing of its Form 10-Q with the Securities and Exchange Commission (“SEC”) on May 15, 2019. Harvest is the successor reporting company to EV Energy Partners, Read More

Explainer: ‘Privacy coin’ Monero offers near total anonymity

4 days ago DieselGasoil Comments Off on Explainer: ‘Privacy coin’ Monero offers near total anonymity
LONDON (Reuters) – Bitcoin’s share of the cryptocurrency market is sliding, with a host of alternative digital coins gaining ground as developers race to create digital cash that can gain a footing in mainstream commerce and finance. FILE PHOTO: The Monero cryptocurrency logo is seen in this illustration photo January 8, 2018. REUTERS/Thomas White/File Photo Read More

China still most attractive renewables market despite subsidy cuts: EY

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LONDON (Reuters) – China is the most attractive market for investment in renewable energy for the fourth year in a row and growth there is set to continue despite the country’s efforts to trim subsidies, a report by UK accountancy firm Ernst & young showed on Wednesday. FILE PHOTO: Workers inspect solar panels at a Read More

Peltz’s Trian Fund may push for changes at mutual fund Legg Mason

4 days ago DieselGasoil Comments Off on Peltz’s Trian Fund may push for changes at mutual fund Legg Mason
NEW YORK (Reuters) – Nelson Peltzs’ Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with the matter said on Tuesday, the second time in 10 years that Trian has targeted the mutual fund company. FILE PHOTO: Nelson Peltz founding partner of Trian Fund Management LP. Read More