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OPEC reports big drop in crude production, amid ‘somewhat bearish’ market outlook

16 hours ago DieselGasoil Comments Off on OPEC reports big drop in crude production, amid ‘somewhat bearish’ market outlook
London — Led by its kingpin Saudi Arabia, which said it pumped at its lowest level in more than five years, OPEC on Friday reported it slashed its crude production in July, as it continues to battle slumping oil prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now OPEC Read More

OPEC sees ‘somewhat bearish’ oil outlook even as market tightens

20 hours ago DieselGasoil Comments Off on OPEC sees ‘somewhat bearish’ oil outlook even as market tightens
By Grant Smith on 8/16/2019 LONDON (Bloomberg) – Global oil markets face a “somewhat bearish” outlook for the rest of the year amid slowing economic growth and the long-running trade war, even though supplies will be tighter than previously thought, OPEC said. The Organization of Petroleum Exporting Countries, which pumps about a third of the Read More

Just Energy Announces Appointment of Walter M. Higgins III to Board of Directors

2 days ago DieselGasoil Comments Off on Just Energy Announces Appointment of Walter M. Higgins III to Board of Directors
TORONTO, Aug. 15, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy”), as previously announced, Mr. Walter M. Higgins III has been appointed to Just Energy’s Board of Directors, as an independent director. Mr. Higgins is currently the Chairman of the Board of South Jersey Industries Inc. Prior to this position, Mr. Read More

Just Energy Reports Fiscal First Quarter 2020 Results

2 days ago DieselGasoil Comments Off on Just Energy Reports Fiscal First Quarter 2020 Results
Previously Announced Strategic Review ProgressingBase EBITDA from Continuing Operations of $24.2 MillionBusiness Remains Strong with Embedded Gross Margin of $2.1 BillionCommon Share Dividend Suspended as part of Strategic ReviewWalter M. Higgins III has been appointed to the Board of Directors TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” Read More

Hong Kong protesters raise £1.5m in a day to fund global ad campaign

4 days ago DieselGasoil Comments Off on Hong Kong protesters raise £1.5m in a day to fund global ad campaign
By Rowland Manthorpe, technology correspondent A crowdfunding campaign launched by protesters in Hong Kong has raised more than £1.5m in less than 24 hours. Organisers say it will be used to raise awareness of the protests in the UK and the US. The campaign, which was started on 11 August, has raised $1,908,980 (£1,580,635) – Read More

Oil soars near 5% as U.S. delays tariffs on some Chinese goods

4 days ago DieselGasoil Comments Off on Oil soars near 5% as U.S. delays tariffs on some Chinese goods
NEW YORK (Reuters) – Oil prices on Tuesday jumped by the most so far this year after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled the market in recent months. FILE PHOTO: A view of an oil refinery Read More

Golar LNG Limited – Q2 2019 results presentation

4 days ago DieselGasoil Comments Off on Golar LNG Limited – Q2 2019 results presentation
Golar LNG’s 2nd Quarter 2019 results will be released before the NASDAQ opens on Thursday August 29, 2019. In connection with this a webcast presentation will be held at 3:00 P.M (London Time) on Thursday, August 29, 2019. The presentation will be available to download from the Investor Relations section at www.golarlng.com This webcast will Read More

Golar LNG Partners LP: Q2 2019 results presentation

4 days ago DieselGasoil Comments Off on Golar LNG Partners LP: Q2 2019 results presentation
Golar LNG Partners LP 2nd Quarter 2019 results will be released before the NASDAQ opens on Thursday August 29, 2019. In connection with this a webcast presentation will be held at 4:30 P.M (London Time) on Thursday, August 29, 2019. The presentation will be available to download from the Investor Relations section at www.golarlngpartners.com This Read More

Aramco remains world’s most profitable company even as oil falls

4 days ago DieselGasoil Comments Off on Aramco remains world’s most profitable company even as oil falls
By Matthew Martin on 8/13/2019 DUBAI (Bloomberg) – Saudi Aramco showed Monday it’s still the world’s most profitable company — and paid out almost all its net income in dividends — despite the dwindling price of oil. Profit slid 12% to $46.9 billion in the first six months of 2019, the state-owned energy giant said Read More