newszine

Regulator 'stunned and terrified' after causing PG&E stock surge

12 hours ago DieselGasoil Comments Off on Regulator 'stunned and terrified' after causing PG&E stock surge
(Reuters) – The chief of California’s top utilities regulator said on Friday he was shocked to learn that reassurances he made to investors about PG&E (PCG.N) caused the embattled power utility’s stock to surge over 40 percent in a matter of minutes. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Read More

PG&E shares, debt rebound as regulator soothes bankruptcy fear

16 hours ago DieselGasoil Comments Off on PG&E shares, debt rebound as regulator soothes bankruptcy fear
(Reuters) – Shares of embattled utility PG&E Corp (PCG.N) surged 37 percent on Friday as fears it could be bankrupted by potential liability from California’s deadliest-ever wildfire were assuaged by signs of support from a regulator. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., Read More

PG&E shares, debt recover as regulator eases bankruptcy fears

17 hours ago DieselGasoil Comments Off on PG&E shares, debt recover as regulator eases bankruptcy fears
(Reuters) – Shares of embattled utility PG&E Corp (PCG.N) jumped 40 percent on Friday as fears it could be bankrupted by the fallout of California’s deadly wildfires were eased by signs of support for the company from one regulator. Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Read More

GasLog Ltd. and GasLog Partners LP Announce Agreement to Modify Incentive Distribution Rights

22 hours ago DieselGasoil Comments Off on GasLog Ltd. and GasLog Partners LP Announce Agreement to Modify Incentive Distribution Rights
Monaco, Nov. 16, 2018 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog” or “the General Partner”) (NYSE:GLOG) and GasLog Partners LP (“GasLog Partners” or “the Partnership”) (NYSE:GLOP) today announce an agreement to modify the partnership agreement with respect to the General Partner’s incentive distribution rights (“IDR”). The modification will have the effect of reducing the General Partner’s Read More

Japan may halt Iranian oil loadings by March even after resumption

1 day ago DieselGasoil Comments Off on Japan may halt Iranian oil loadings by March even after resumption
Highlights Uncertainty on next round of sanction waivers Japan shipping insurance expiry clouds import picture Refiners preparing for all eventualities Tokyo — Japanese refiners are considering resuming Iranian oil imports from January following Washington’s recent sanctions waiver, but the window to load cargoes could halt in two months amid uncertainty about whether the waiver would Read More

Taiwan's Iranian crude oil imports to fall 40% on year to 6 mil barrels in 2018

1 day ago DieselGasoil Comments Off on Taiwan's Iranian crude oil imports to fall 40% on year to 6 mil barrels in 2018
Singapore — Taiwan’s Iranian crude oil imports would be capped at 5.99 million barrels in 2018, down 40% from the 9.95 million barrels in 2017 due to the snapback of US sanctions on Iran. Taiwan received 1.99 million barrels, or 66,381 b/d of Iranian crude oil in September — its third cargo so far this Read More

FRO – Third Quarter and Nine Months 2018 Results

1 day ago DieselGasoil Comments Off on FRO – Third Quarter and Nine Months 2018 Results
Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three and nine months ended September 30, 2018: Highlights Net income attributable to the Company of $2.2 million, or $0.01 per share, for the third quarter of 2018. Net loss attributable to the Company adjusted for certain non-cash items of $8.4 million, or Read More

Questerre Doubles Kakwa Land Position

1 day ago DieselGasoil Comments Off on Questerre Doubles Kakwa Land Position
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Nov. 16, 2018 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today that it has completed a major expansion of its core acreage in the Kakwa Read More

Australia's bank chiefs to face the music as misconduct inquiry wraps up

1 day ago DieselGasoil Comments Off on Australia's bank chiefs to face the music as misconduct inquiry wraps up
SYDNEY (Reuters) – The CEOs of Australia’s top banks and wealth manager will testify at a public inquiry into financial-sector misconduct in two weeks of hearings starting on Monday, in the final stages of a year-long process that looks set to transform the industry. FILE PHOTO: A Commonwealth Bank of Australia logo adorns the wall Read More

PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire

1 day ago DieselGasoil Comments Off on PG&E shares surge 40 percent on report regulator wants to avoid bankruptcy from wildfire
SAN FRANCISCO/LOS ANGELES (Reuters) – PG&E Corp shares soared 40 percent in after-hours trade on Thursday after a report that a regulatory official told investors the agency does not want the utility to go into bankruptcy should it be found responsible for this month’s deadly wildfire in northern California. Employees of Pacific Gas & Electric Read More