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Analysis: DME Oman benchmark move backfires as open interest stalls

1 day ago DieselGasoil Comments Off on Analysis: DME Oman benchmark move backfires as open interest stalls
Highlights Questions about underlying appeal of DME Oman as a benchmark Open interest on DME Oman forward curve has flat-lined Scratch trades underpinning DME Oman volumes, say traders London — Almost a year since Saudi Arabia picked Dubai Mercantile Exchange’s Oman benchmark to help set official selling prices for crude in Asia, open interest in Read More

Laredo Petroleum Schedules Second-Quarter 2019 Earnings Conference Call for August 1 and Provides Commodity Derivatives Update

4 days ago DieselGasoil Comments Off on Laredo Petroleum Schedules Second-Quarter 2019 Earnings Conference Call for August 1 and Provides Commodity Derivatives Update
TULSA, OK, July 16, 2019 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) will host a conference call on Thursday, August 1, 2019 to discuss its second-quarter 2019 financial and operating results. The Company also announces preliminary results for its commodity derivatives and its basic and diluted weighted-average shares outstanding for Read More

High and dry: Alpine resorts grapple with climate change

5 days ago DieselGasoil Comments Off on High and dry: Alpine resorts grapple with climate change
AROSA, Switzerland (Reuters) – The prospect of searing heatwaves driving holidaymakers to cool mountains and children asking grandparents about their memories of snow is focusing minds in Alpine ski resorts on the implications of climate change. Parts of the Gurschengletscher glacier are covered with tarps in Andermatt, Switzerland July 5, 2019. REUTERS/Arnd Wiegmann With global Read More

Delphi Energy Corp. Announces Extension of Credit Facility

1 week ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Extension of Credit Facility
CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces that the annual borrowing base redetermination of its senior credit facility has been finalized. The amended credit facility has a borrowing base of $100.0 million reducing to $90.0 million upon the earlier of September 30, 2019 and the completion Read More

US oil executives see slowing output as investment declines: Dallas Fed

3 weeks ago DieselGasoil Comments Off on US oil executives see slowing output as investment declines: Dallas Fed
Washington — Oil and gas production increased in secondq-quarter 2019 throughout Texas, the 11th consecutive quarter of growth, but that growth is beginning to slow and a lack of investment could accelerate an output fall, the Federal Reserve Bank of Dallas said in its quarterly survey of oil and gas firms Wednesday. Not registered? Receive Read More

Delphi Energy Corp. Announces Sale of a Portion of Its Excess Alliance Service and Provides Credit Facility Update

1 month ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Sale of a Portion of Its Excess Alliance Service and Provides Credit Facility Update
CALGARY, Alberta, June 17, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the sale of a portion of its Alliance Service and an extension to its senior credit facility. SALE OF A PORTION OF EXCESS ALLIANCE FIRM TRANSPORTATION SERVICE Delphi has entered into a binding agreement to sell and permanently assign Read More

Corridor Comments on Recent Developments in New Brunswick

1 month ago DieselGasoil Comments Off on Corridor Comments on Recent Developments in New Brunswick
HALIFAX, Nova Scotia, June 05, 2019 (GLOBE NEWSWIRE) — Corridor Resources Inc. (“Corridor”) (TSX – CDH) is pleased to announce that the New Brunswick Government has undertaken an initial step in removing the hydraulic fracturing moratorium.  We have been advised that the Government has commenced the process to allow for exemptions to the moratorium on Read More