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Penn Virginia and Denbury Mutually Agree to Terminate Merger Agreement

2 days ago DieselGasoil Comments Off on Penn Virginia and Denbury Mutually Agree to Terminate Merger Agreement
HOUSTON, March 21, 2019 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ: PVAC) today announced it has mutually agreed with Denbury Resources Inc. (NYSE: DNR) (“Denbury”) to terminate their previously announced merger agreement. “After careful consideration, the Penn Virginia board of directors decided that it is in the best interests of Read More

Infrastructure and Energy Alternatives, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results

2 weeks ago DieselGasoil Comments Off on Infrastructure and Energy Alternatives, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results
INDIANAPOLIS, March 12, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading construction services company with specialized energy and heavy civil expertise, today announced financial results for the fourth quarter and full year ended December 31, 2018. Fourth Quarter Highlights Revenue of $275.9 million, up 132% year-over-year Read More

Libya's biggest oil field restarts, adding hurdle to OPEC cuts

3 weeks ago DieselGasoil Comments Off on Libya's biggest oil field restarts, adding hurdle to OPEC cuts
By Salma El Wardany and Hatem Mohareb on 3/5/2019 CAIRO and DUBAI (Bloomberg) — Libya’s biggest oil field resumed production, adding another complication to OPEC’s effort to trim a global supply glut. Sharara resumed production and is expected to reach 80,000 bbl in one day, according to people with knowledge of the matter who asked Read More

Penn Virginia Reports Fourth Quarter and Year-End 2018 Results

3 weeks ago DieselGasoil Comments Off on Penn Virginia Reports Fourth Quarter and Year-End 2018 Results
HOUSTON, Feb. 27, 2019 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ:PVAC) today announced its financial and operational results for the fourth quarter and full year 2018, and year-end reserve estimates. Significant Fourth Quarter and Full-Year Highlights Entered into a definitive merger agreement on October 28, 2018, to be acquired by Read More

Libya won't restart largest field until militia leaves

4 weeks ago DieselGasoil Comments Off on Libya won't restart largest field until militia leaves
By Salma El Wardany on 2/25/2019 CAIRO (Bloomberg) — Libya’s state-run National Oil Corp refused to restart the country’s biggest field after militants seized and declared it secure earlier this month.  The standoff over Sharara, which can pump about 300,000 bopd, is entering its third month. NOC won’t resume production while armed groups are there, Read More

Largest Libyan oilfield ready to restart

1 month ago DieselGasoil Comments Off on Largest Libyan oilfield ready to restart
By Salma El Wardany, Hatem Mohareb and Samer Khalil Al-Atrush on 2/12/2019 CAIRO and AJDABIYA (Bloomberg) — Forces loyal to Libya’s eastern leader Khalifa Haftar have taken control of the country’s biggest oil field and say the deposit is secure and ready to resume production.  Haftar’s self-styled Libyan National Army fanned out in the southwestern Read More

CGG et TGS Annoncent l’Etude Greater Castberg en Mer de Barents

1 month ago DieselGasoil Comments Off on CGG et TGS Annoncent l’Etude Greater Castberg en Mer de Barents
CGG et TGS Annoncent l’Etude Greater Castberg en Mer de Barents Paris, France – le 11 février 2019 CGG et TGS annoncent le démarrage de l’étude Greater Castberg TopSeis™ dans la mer de Barents. Cette étude couvrira une surface de 5 000 km2 et sera acquise et traitée à partir des dernières avancées technologiques TopSeis en Read More