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Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel

16 hours ago DieselGasoil Comments Off on Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel
CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”) announced today the appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David H. Izett as Senior Vice President, General Counsel, effective September 9, 2019. Mr. Bishnoi is a proven Chief Financial Officer with over 20 Read More

Trade tariffs seen muting IMO 2020 impact for US refiners

1 day ago DieselGasoil Comments Off on Trade tariffs seen muting IMO 2020 impact for US refiners
New York — Weakening export demand for US-made products is skewing the impact of the change to cleaner ship fuel on US refined products as marine gasoil prices fall and cracks widen ahead of the IMO’s mandated January 1, 2020, deadline to reduce sulfur content to 0.5% from 3.5% . Not registered? Receive daily email Read More

Alta Mesa Resources Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards

2 days ago DieselGasoil Comments Off on Alta Mesa Resources Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards
HOUSTON, Aug. 21, 2019 (GLOBE NEWSWIRE) — Alta Mesa Resources, Inc. (NASDAQ: AMR, “Alta Mesa Resources” or the “Company”) today announced that The NASDAQ Stock Market LLC (“NASDAQ”) notified the Company on August 16, 2019 that it is not in compliance with NASDAQ Listing Rule 5250(c)(1) for continued listing due to the delay in filing Read More

US to sell 10 million barrels of sour crude from strategic petroleum reserve

2 days ago DieselGasoil Comments Off on US to sell 10 million barrels of sour crude from strategic petroleum reserve
Houston — The US will sell 10 million barrels of sour crude from its Strategic Petroleum Reserve with deliveries planned for October and November, the Department of Energy announced Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now In a notice of sale Wednesday, DOE said offers must be Read More

U.S. oil firms challenge pipeline surcharge for steel tariff

3 days ago DieselGasoil Comments Off on U.S. oil firms challenge pipeline surcharge for steel tariff
HOUSTON (Reuters) – Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs. FILE PHOTO: Flags fly outside ConocoPhillips offices in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File Photo The United States imposed Read More

First US crude cargo from Cactus II loaded out of Corpus Christi

3 days ago DieselGasoil Comments Off on First US crude cargo from Cactus II loaded out of Corpus Christi
Houston — The first US crude cargo originating from the new Cactus II pipeline loaded onto the Aframax Paramount Hatteras out of the Buckeye Terminal in Corpus Christi, Texas, a NuStar Energy spokesman confirmed Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Paramount Hatteras’ discharge destination was Read More

U.S. oil firms challenge pipeline surcharge for steel tariff: filing

3 days ago DieselGasoil Comments Off on U.S. oil firms challenge pipeline surcharge for steel tariff: filing
HOUSTON (Reuters) – Two U.S. shale producers have challenged an energy pipeline operator’s proposed surcharge for the Trump administration’s 25% tariff on imported steel, raising the stakes for pipeline builders facing higher construction costs. FILE PHOTO: Flags fly outside ConocoPhillips offices in Houston, Texas, U.S., April 30, 2019. REUTERS/Loren Elliott/File Photo The United States imposed Read More

Sanchez Energy Receives Court Approval of “First Day” Motions to Support Business Operations

4 days ago DieselGasoil Comments Off on Sanchez Energy Receives Court Approval of “First Day” Motions to Support Business Operations
Obtains Interim Approval to Access up to $50 Million in New Financing Maintains Substantial Liquidity to Continue Safe Operations in the Normal Course HOUSTON, Aug. 19, 2019 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (“Sanchez Energy” or the “Company”) (OTC Pink: SNECQ) today announced that the Company and certain of its subsidiaries have received interim approvals Read More

Analysis: US crude draw expected to resume amid stronger refinery runs, exports

4 days ago DieselGasoil Comments Off on Analysis: US crude draw expected to resume amid stronger refinery runs, exports
Highlights Crude stocks likely dip 3.1 million barrels to 437.4 million barrels Refinery runs edge up 0.2 points to 95% of capacity New USGC crude pipeline capacity narrows distillate cracks New York — US crude oil stock stocks likely declined last week amid an uptick in export activity and strong refiner demand, an S&P Global Read More

US study to focus on leasing, not closing, portions of SPR: sources

4 days ago DieselGasoil Comments Off on US study to focus on leasing, not closing, portions of SPR: sources
Highlights Study was originally expected late last year US negotiating with Australia on leasing SPR space Closure of SPR site no longer under consideration Washington — An ongoing US Department of Energy study on the future of the Strategic Petroleum Reserve is expected to recommend leasing unused portions of the reserve, rather than closing one Read More