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ClearStream Announces New Board Member

8 hours ago DieselGasoil Comments Off on ClearStream Announces New Board Member
CALGARY, Alberta, Feb. 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, or the “Company”, TSX: CSM and CSM.DB.A) is pleased to announce the addition of a new Board member, effective immediately: Karl Johannson has been appointed as a new Member of the Board of Directors of ClearStream and brings with him extensive operational Read More

Cabot Oil and Gas Corporation claims 2018 as best year, so far

20 hours ago DieselGasoil Comments Off on Cabot Oil and Gas Corporation claims 2018 as best year, so far
2/22/2019 Editors Note: Included below is an edited view of Cabot’s report, referencing upstream related results. For the full report, please visit the company’s website. Marcellus shale graphic. Photo: Cabot. HOUSTON — Cabot Oil & Gas Corporation has announced the best year of its nearly three-decade public-company history that provided record financial results, the culmination Read More

ExxonMobil to increase Permian profitability through digital partnership with Microsoft

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2/22/2019 IRVING, Texas — ExxonMobil has announced that a new partnership with Microsoft will make its Permian basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies. The application of Microsoft Read More

PDC Energy Issues Statement

22 hours ago DieselGasoil Comments Off on PDC Energy Issues Statement
DENVER, Feb. 22, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (NASDAQ: PDCE) today issued the following statement in response to the public filing of a Schedule 13D by Kimmeridge Energy Management Company (“Kimmeridge”): PDC is open to the views and opinions of all shareholders. We take constructive suggestions seriously, and regularly Read More

Matra Petroleum AB: Fourth quarter and twelve months ended 31 December 2018

1 day ago DieselGasoil Comments Off on Matra Petroleum AB: Fourth quarter and twelve months ended 31 December 2018
Fourth quarter ended 31 December 2018 (Fourth quarter ended 31 December 2017) Revenue of TUSD 2,843 (TUSD 2,295), up 24% EBITDA of TUSD 5,653 (TUSD 433) Operating result of TUSD 5,112 (TUSD -392) Net result for the period of TUSD 3,116 (TUSD -2,110) Earnings per share (basic and diluted) amounted to 0.07 USD per share Read More

‘Germany not 51st US state’: Trade lobby blasts US interference in Nord Stream 2 gas project

2 days ago DieselGasoil Comments Off on ‘Germany not 51st US state’: Trade lobby blasts US interference in Nord Stream 2 gas project
Berlin must not bow to any other countries’ “dictation” on its energy policy, the head of a German trade lobby in Russia has said, as he slammed the politicization of the Nord Stream 2 gas pipeline project. “As for issues of energy supply and energy security, Germany must not yield to dictation or influence of Read More

Shell Midstream Partners, L.P. 2018 Form 10-K Available on Website

2 days ago DieselGasoil Comments Off on Shell Midstream Partners, L.P. 2018 Form 10-K Available on Website
Houston, Feb. 21, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2018 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership’s website at www.shellmidstreampartners.com. The filing can be accessed by selecting Read More

Neptune Energy submits development plans for Duva, Gjøa P1

2 days ago DieselGasoil Comments Off on Neptune Energy submits development plans for Duva, Gjøa P1
2/21/2019 Duva field. Photo: Neptune Energy. ABERDEEN — Neptune Energy has submitted development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020 or early 2021. Total recoverable resources are estimated to be 120 MMboe (Total of Read More

Gazprom Neft demonstrates solid growth across all key financial indicators in 2018

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2/21/2019 Photo: Gazprom Neft. MOSCOW — Revenue for fiscal-year 2018 amounted to $37.9 million (RUB 2,489 billion) , a 28.7% increase year-on-year. Adjusted EBITDA grew by more than 45.1% year-on-year to $12.2 billion (RUB 799.5 billion). This increase reflects positive dynamics of the oil price, improvements in operational efficiency, and continued production growth at the Read More

Equiinor: Natural gas contributes to the low carbon future

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2/21/2019 Photo: Irene Rummelhoff, Equinor’s executive V.P. for marketing, midstream and processing. STAVANGER — Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29% from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around Read More