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Uber to kick off investor road show with IPO terms on Friday

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(Reuters) – Ride-hailing company Uber Technologies Inc will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar with the matter. The valuation sought is less than the $120 billion valuation that investment bankers told Uber last Read More

Bonanza Creek Issues Preliminary First Quarter 2019 Results and Provides an Operational Update

7 hours ago DieselGasoil Comments Off on Bonanza Creek Issues Preliminary First Quarter 2019 Results and Provides an Operational Update
DENVER, April 25, 2019 (GLOBE NEWSWIRE) — Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek” or the “Company”) today issued preliminary first quarter 2019 results, provided an operations update and announced its first quarter 2019 earnings release and conference call date. The Company has also posted an updated investor presentation to its website. Highlights include: First quarter Read More

Could this photo be evidence of failed Sri Lanka bomb mission?

8 hours ago DieselGasoil Comments Off on Could this photo be evidence of failed Sri Lanka bomb mission?
By Deborah Haynes, foreign affairs editor A photograph has been obtained by Sky News which, according to a security source, is of the suspected Sri Lanka suicide bomber who studied in Britain. Abdul Lathief Jameel Mohamed, 36, is bearded with a rucksack, thought to contain explosives, and a suitcase at the Taj hotel in Colombo Read More

Berry Petroleum Sees Minimal Impact From Proposed California Bill AB 345

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DALLAS, April 25, 2019 (GLOBE NEWSWIRE) — Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) today announced that on Monday, April 22, the California Assembly’s Natural Resources Committee passed Assembly Bill 345. The bill, which is sponsored by several environmental justice groups, is still in the early phases of the legislative process. As it is currently proposed, the Read More

Emerson’s downhold reservoir network first to connect wireless sandface data to upper completion

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4/25/2019 Photo: Emerson Intelligent Multistage Completion Network (IMCN). STAVANGER — Emerson, in partnership with Metrol, a leader in battery-powered wireless well monitoring, has launched the Intelligent Multistage Completion Network – an integrated upper and lower completions downhole solution that communicates wirelessly with instruments at the reservoir sandface, the physical interface between the formation and the Read More

German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse

14 hours ago DieselGasoil Comments Off on German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse
FRANKFURT (Reuters) – German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands. Germany’s two largest banks announced that nearly six weeks of high-level negotiations about a Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

16 hours ago DieselGasoil Comments Off on GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution
Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More

Precision Drilling Corporation Announces 2019 First Quarter Unaudited Financial Results

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CALGARY, Alberta, April 25, 2019 (GLOBE NEWSWIRE) — (Canadian dollars except as indicated) This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” Read More

German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks

18 hours ago DieselGasoil Comments Off on German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-bank. FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo After nearly six weeks of talks, Germany’s two Read More

Occidental offers $38 billion for Anadarko, topping Chevron

1 day ago DieselGasoil Comments Off on Occidental offers $38 billion for Anadarko, topping Chevron
HOUSTON (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion, or $57 billion including debt, for Anadarko Petroleum Corp, a bid that topped an offer by Chevron Corp. FILE PHOTO: The Occidental Petroleum Corp headquarters is pictured in Read More