newszine

FAA, Boeing study need for 737 MAX software changes after crash

2 hours ago DieselGasoil Comments Off on FAA, Boeing study need for 737 MAX software changes after crash
WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration and Boeing Co (BA.N) are evaluating the need for software or design changes to 737 MAX jets in the wake of last month’s deadly Lion Air crash in Indonesia, the regulator said on Tuesday. FILE PHOTO – The Boeing logo is seen at their headquarters in Chicago, Read More

Orca Exploration Announces Completion of its Q3 2018 Interim Filings

8 hours ago DieselGasoil Comments Off on Orca Exploration Announces Completion of its Q3 2018 Interim Filings
TORTOLA, British Virgin Islands, Nov. 13, 2018 (GLOBE NEWSWIRE) — Orca Exploration Group Inc. (“Orca” or the “Company“) (TSX-V:ORC.A) (TSX-V:ORC.B) announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the three and nine month periods ended September 30, 2018 with the Canadian securities regulatory authorities. Q3 2018 Financial Read More

Zargon Oil & Gas Ltd. Provides 2018 Third Quarter Results

10 hours ago DieselGasoil Comments Off on Zargon Oil & Gas Ltd. Provides 2018 Third Quarter Results
CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPTEMBER 30, 2018) Funds flow from operating activities of $1.93 million compared to $0.58 million recorded in the prior quarter, and $1.76 million reported in the third quarter Read More

Corridor Announces Third Quarter Results and Guidance for Winter 2018/2019

11 hours ago DieselGasoil Comments Off on Corridor Announces Third Quarter Results and Guidance for Winter 2018/2019
HALIFAX, Nova Scotia, Nov. 13, 2018 (GLOBE NEWSWIRE) — (TSX – CDH): Corridor Resources Inc. (“Corridor”) announced today its third quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and nine months ended September 30, 2018, with comparisons to the three and nine months ended September Read More

World risks over-reliance on US shale to plug oil supply gap: IEA

17 hours ago DieselGasoil Comments Off on World risks over-reliance on US shale to plug oil supply gap: IEA
Highlights Pemex’s overall crude processing level recovers to 565,000 b/d Bakken crude helps to cut Tula’s fuel oil yield to 37% Mexico City — Pemex’s 315,000 b/d Tula Refinery saw a substantial boost in its operating levels in the first week of November, helping Mexico to recover from historically low crude processing levels, according to Read More

Light crude imports help Mexico's Pemex to boost Tula refinery's output

1 day ago DieselGasoil Comments Off on Light crude imports help Mexico's Pemex to boost Tula refinery's output
Mexico City — Pemex’s overall crude processing level recovers to 565,000 b/d Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Bakken crude helps to cut Tula’s fuel oil yield to 37% Pemex’s 315,000 b/d Tula Refinery saw a substantial boost in its operating levels in the first week of Read More

ADNOC CEO says oil and gas industry a critical enabler of economic growth in 4th industrial age in ADIPEC keynote address

1 day ago DieselGasoil Comments Off on ADNOC CEO says oil and gas industry a critical enabler of economic growth in 4th industrial age in ADIPEC keynote address
11/12/2018 Photo: His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO, ADNOC. Abu Dhabi — The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and Group CEO of Read More

Analysis: US crude supply expected to expand for eighth week amid strong production

1 day ago DieselGasoil Comments Off on Analysis: US crude supply expected to expand for eighth week amid strong production
Highlights Commercial crude likely added 2.33 million barrels last week Surging production, capacity constraints outpacing Refinery runs Strong Bakken margins could weigh on distillate production New York — US crude supply likely expanded last week as strong domestic production outpaced gains in Refinery runs, an S&P Global Platts analysis showed on Monday. Not registered? Receive Read More

Point Resources outlines 21-well Norway oil fields project ahead of Eni merger

2 days ago DieselGasoil Comments Off on Point Resources outlines 21-well Norway oil fields project ahead of Eni merger
London — Norway’s Point Resources, shortly to become a joint venture with Eni, aims to approve next year a $1.8 billion redevelopment of the Balder and Ringhorne oil fields in the North Sea, extending production to 2045, it said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In Read More

Canada's oil patch feels double pain with cuts, price collapse

2 days ago DieselGasoil Comments Off on Canada's oil patch feels double pain with cuts, price collapse
By Robert Tuttle on 11/12/2018 CALGARY (Bloomberg) — Canada’s oil producers can’t catch a break. Even as local production cuts help alleviate pipeline bottlenecks, heavy crude plunged below $18/bbl for the first time since 2016 — dragged down by global oil prices.  “The differentials are holding to modestly improving but the global prices are sliding,” Read More