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Helmerich & Payne, Inc. Announces Fourth Quarter & Fiscal Year End Results

11 mins ago DieselGasoil Comments Off on Helmerich & Payne, Inc. Announces Fourth Quarter & Fiscal Year End Results
Quarterly U.S. Land revenue days (activity) increased approximately 6% H&P’s spot pricing in the U.S. land market increased by approximately 25% during fiscal 2018; roughly 5% during the fourth fiscal quarter Quarterly U.S. Land adjusted average rig revenue increased by more than $900(1) per day, up 4% sequentially H&P upgraded/converted 54 FlexRigs® to super-spec(2) capacity Read More

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

11 mins ago DieselGasoil Comments Off on Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for November 2018. Targa Resources Partners LP announced today that the board of Read More

Middle East driving global growth in conventional oil output

41 mins ago DieselGasoil Comments Off on Middle East driving global growth in conventional oil output
11/15/2018 Source: Rystad Energy UCube. OSLO — Middle Eastern oil production is expected to grow by 2.7 MMbpd by 2025, according to latest Rystad Energy analysis. The boost in conventional oil output from the Middle East is primarily driven by supply additions from Iraq with 1.5 MMbpd growth, and an additional 1.2 MMbpd mainly coming Read More

Apache Donates 50,000 Trees in Four States

3 hours ago DieselGasoil Comments Off on Apache Donates 50,000 Trees in Four States
HOUSTON, Nov. 15, 2018 (GLOBE NEWSWIRE) — Apache Corporation (NYSE, Nasdaq: APA) has announced the donation of 50,000 trees through its annual Apache Tree Grant Program. Partnering with 59 nonprofit organizations across Texas, Louisiana, Oklahoma and New Mexico, the program focuses on community enhancement and wildlife habitat improvement projects. Plantings from this year’s grants began Read More

Amazon to get billions in breaks for HQ2 development

4 hours ago DieselGasoil Comments Off on Amazon to get billions in breaks for HQ2 development
(Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City’s Queens borough and a Northern Virginia suburb of Washington, DC. FILE PHOTO: The logo of the web service Amazon is pictured in Read More

‘Too many men’: Financial Times develops fembot to warn journalists of sexism

4 hours ago DieselGasoil Comments Off on ‘Too many men’: Financial Times develops fembot to warn journalists of sexism
The Financial Times has a woman problem, or so it thinks. In the push for gender equality, and to reach out to female readers, boffins at the paper have developed a bot that warns journalists when they’re quoting too many men. The paper, which mostly covers the stuffy, male-dominated worlds of finance and industry, found Read More

International Petroleum Corp. and BlackPearl Resources Inc. Announce Filing of Joint Management Information Circular Seeking Securityholder Approval of Strategic Business Combination

4 hours ago DieselGasoil Comments Off on International Petroleum Corp. and BlackPearl Resources Inc. Announce Filing of Joint Management Information Circular Seeking Securityholder Approval of Strategic Business Combination
TORONTO, Nov. 15, 2018 (GLOBE NEWSWIRE) — International Petroleum Corp. (“IPC”) (TSX, Nasdaq Stockholm: IPCO) and BlackPearl Resources Inc. (“BlackPearl”) (TSX: PXX, Nasdaq Stockholm: PXXS) are pleased to announce that they have filed a joint management information circular (the “Circular”) for their respective special meetings of securityholders to be held in connection with the proposed Read More

US Interior moves toward Arctic offshore oil and gas sale in 2019

5 hours ago DieselGasoil Comments Off on US Interior moves toward Arctic offshore oil and gas sale in 2019
Highlights Commercial interest severely limited Trump administration focused on boosting Alaska output Industry focus is on expanding drilling in Gulf of Mexico Washington DC — The US Department of Interior said Thursday it was preparing an environmental impact statement for a 2019 lease sale that would open as much as 65 million acres of federal Read More

Dell sweetens VMware tracking stock offer with higher price, board seat

6 hours ago DieselGasoil Comments Off on Dell sweetens VMware tracking stock offer with higher price, board seat
(Reuters) – Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware (DVMT.N) to $120 per share, sweetening the deal for shareholders with an additional $5 billion in cash. A logo of Dell Technologies is seen at the Mobile World Congress in Barcelona, Spain February 28, Read More

Explainer: Unraveling the Boeing 737 MAX Lion Air crash

6 hours ago DieselGasoil Comments Off on Explainer: Unraveling the Boeing 737 MAX Lion Air crash
(Reuters) – The crash of a Boeing Co (BA.N) 737 MAX jet in Indonesia on Oct. 29 has raised questions on whether the manufacturer shared enough information with regulators, airlines and pilots about the systems on the latest version of its popular narrow-body plane. FILE PHOTO: A worker assists his colleague during the lifting of Read More