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Ford's Brazil shutdown highlights automakers' woes with excess capacity

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SAO PAULO (Reuters) – Ford Motor Co’s oldest factory in Brazil, slated for closure later this year, was a giant among auto plants, occupying a sprawling 12 million square feet (111.5 hectares), bigger than many of the automaker’s U.S. facilities. The Ford logo is seen at the Ford oldest Brazil plant after company announced its Read More

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

2 hours 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

Targa Resources sells 45% interest in Bakken Assets for $1.6 billion

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2/21/2019 Photo: North Dakota.gov. HOUSTON — Targa Resources Corp. has announced that it has entered into definitive agreements to sell a 45% interest in Targa Badlands LLC, the entity that holds all of Targa’s assets in North Dakota, to funds managed by GSO Capital Partners and Blackstone Tactical Opportunities for $1.6 billion in cash. Under Read More

Swedish and Estonian watchdogs open joint Swedbank probe

3 hours ago DieselGasoil Comments Off on Swedish and Estonian watchdogs open joint Swedbank probe
STOCKHOLM (Reuters) – Sweden’s and Estonia’s financial watchdogs have opened a joint investigation following a media report linking Swedbank to a Baltic money laundering scandal involving Danske Bank, they said on Thursday. FILE PHOTO: Swedbank’s logo is pictured on its Lithuanian headquarters in Vilnius, Lithuania, in this May 10, 2014 file photo. REUTERS/Ints Kalnins/File Photo Read More

Greenway Technologies Inc. Announces Board Change and Update on Shareholder Committee

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FORT WORTH, Texas, Feb. 21, 2019 (GLOBE NEWSWIRE) — Greenway Technologies, Inc. (OTCQB: GWTI), today announced that D. Patrick Six has resigned from the GWTI Board of Directors effective immediately. Mr. Six joined the Board in April, 2017. In addition, GWTI has received a letter signed by Mr. Six announcing Mr. Six’s resignation from the Read More

STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2018 Financial and Operating Results

5 hours ago DieselGasoil Comments Off on STEALTHGAS INC. Reports Fourth Quarter and Twelve Months Ended December 31, 2018 Financial and Operating Results
ATHENS, Greece, Feb. 21, 2019 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the fourth quarter and twelve months results ended December 31, 2018. OPERATIONAL AND FINANCIAL HIGHLIGHTS Operational utilization of Read More

Former teacher & mother of 4 becomes Russia’s 2nd female billionaire

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The owner of Russia’s biggest web retailer, Tatyana Bakalchuk, has entered the list of Russian billionaires. She managed to build her company, Wildberries, from scratch into a US$1.2 billion firm. This year, Wildberries – the leader of Russian online retailing, where you can find hundreds of thousands of items from clothing to electronics – has Read More

ALPHA ENERGY, INC. entered into a Purchase and Sale Agreement with Chicorica, LLC. The Agreement is to acquire oil and gas assets in New Mexico in the Rayado Project.

7 hours ago DieselGasoil Comments Off on ALPHA ENERGY, INC. entered into a Purchase and Sale Agreement with Chicorica, LLC. The Agreement is to acquire oil and gas assets in New Mexico in the Rayado Project.
HOUSTON, Feb. 21, 2019 (GLOBE NEWSWIRE) — Alpha Energy, Inc. (OTC.PK – APHE) (“Alpha”) announced today a definitive Purchase and Sale Agreement with Chicorica, LLC, to acquire oil and gas assets in New Mexico in the Rayado Project. Rayado Project The Rayado Project is a conventional exploration prospect in New Mexico targeting a seismically-defined structure. Read More

Swedish watchdog calls Swedbank money laundering report 'very serious'

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STOCKHOLM (Reuters) – Sweden’s financial watchdog said allegations in a media report linking Swedbank to a Baltic money laundering scandal, involving Danske Bank were “very serious” as shares in the Swedish bank tumbled on Thursday. Danske is being investigated in five countries over some 200 billion euros ($226 billion) of suspicious payments from Russia, ex-Soviet Read More

Spectrum Global Solutions Receives Over $5.8 Million in New Contract Awards

7 hours ago DieselGasoil Comments Off on Spectrum Global Solutions Receives Over $5.8 Million in New Contract Awards
LONGWOOD, Fla., Feb. 21, 2019 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC: SGSI) (“Spectrum Global” or the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network solutions and professional services to the service provider (carrier) and corporate enterprise markets, today announces that year-to-date it has received over $5.8 million in new contract awards Read More