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Dirty water holds biggest promise, Jefferies says

5 hours ago DieselGasoil Comments Off on Dirty water holds biggest promise, Jefferies says

By David Wethe on 6/24/2019 HOUSTON (Bloomberg) — For companies that haul oil and natural gas, the next big thing may be dirty water, according to Jefferies Group LLC. As booming U.S. oil production unleashes a torrent of contaminated water that rises to the surface with crude, pipeline operators may be in the best position Read More

Archrock Announces Agreement to Acquire Elite Compression

10 hours ago DieselGasoil Comments Off on Archrock Announces Agreement to Acquire Elite Compression

Acquiring approximately 430,000 of compression horsepower from Elite Compression Services for approximately $410 million in cash and Archrock common stock Reinforces focus on large horsepower compression serving midstream infrastructure with blue-chip customers Accretive to earnings and free cash flow per share and supports our path to achieving sub-4.0x leverage in 2020 Enhances basin density across Read More

Chisholm, Gastar combine to create the leading STACK EandP company

5 days ago DieselGasoil Comments Off on Chisholm, Gastar combine to create the leading STACK EandP company

6/19/2019 TULSA and HOUSTON (BUSINESS WIRE) — Chisholm Oil and Gas, LLC, of Tulsa, Okla., and Gastar Exploration LLC of Houston, Texas. have announced that they have entered into definitive agreements to effect a merger between the two companies. The combined company, which will operate under the name Chisholm Oil and Gas and be headquartered Read More

Delek US Holdings to Participate in the J.P. Morgan Energy Conference

6 days ago DieselGasoil Comments Off on Delek US Holdings to Participate in the J.P. Morgan Energy Conference

BRENTWOOD, Tenn., June 18, 2019 (GLOBE NEWSWIRE) — Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced that members of management will participate in the J.P. Morgan Energy Conference in New York, New York on Wednesday, June 19, 2019. A copy of Delek US’ latest investor presentation will be provided at the conference. An Read More

Profire Energy Announces the Acquisition of Millstream Energy Products

6 days ago DieselGasoil Comments Off on Profire Energy Announces the Acquisition of Millstream Energy Products

LINDON, Utah, June 18, 2019 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (“Profire Energy” or the “Company”) which creates, installs and services burner and chemical management solutions in the oil and gas industry, today announced that on June 12, 2019, its wholly-owned subsidiary, Profire Combustion, Inc., entered into a definitive agreement Read More

Targa Resources Corp. to Participate in J.P. Morgan 2019 Energy Conference

7 days ago DieselGasoil Comments Off on Targa Resources Corp. to Participate in J.P. Morgan 2019 Energy Conference

HOUSTON, June 17, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that representatives from the Company will participate in investor meetings at the J.P. Morgan 2019 Energy Conference on Tuesday, June 18, 2019 in New York City. A copy of the slides used for the conference meetings will Read More

National Fuel Announces Executive Management Changes

2 weeks ago DieselGasoil Comments Off on National Fuel Announces Executive Management Changes

WILLIAMSVILLE, N.Y., June 13, 2019 (GLOBE NEWSWIRE) — National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE: NFG) is pleased to announce the following executive management promotions all to be effective July 1, 2019. Ronald C. Kraemer will be named President of National Fuel Gas Supply Corporation, succeeding David P. Bauer who will become Read More

Argentina oil, gas production poised for growth, yet hurdles stand in way

2 weeks ago DieselGasoil Comments Off on Argentina oil, gas production poised for growth, yet hurdles stand in way

Neuquen, Argentina — Argentina is on track for faster oil and natural gas production growth as companies enter full-scale development in the Vaca Muerta shale play, but hurdles must still be surmounted, a government official and industry insiders said Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We Read More

VAALCO Energy, Inc. Appoints New Chief Accounting Officer and Controller

2 weeks ago DieselGasoil Comments Off on VAALCO Energy, Inc. Appoints New Chief Accounting Officer and Controller

HOUSTON, June 11, 2019 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY) today announced the appointment of Jason Doornik as VAALCO’s Chief Accounting Officer and Controller effective June 6, 2019. Elizabeth Prochnow, the Company’s Chief Financial Officer, will relinquish her prior role as the Chief Accounting Officer and Controller. Mr. Doornik has over 20 years Read More

Delek US Holdings to Participate in the Wells Fargo West Coast Energy Conference

2 weeks ago DieselGasoil Comments Off on Delek US Holdings to Participate in the Wells Fargo West Coast Energy Conference

BRENTWOOD, Tenn., June 11, 2019 (GLOBE NEWSWIRE) — Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced that members of management will participate in the Wells Fargo West Coast Energy Conference in San Francisco, California on Wednesday, June 12, 2019. A copy of Delek US’ latest investor presentation will be provided at the conference. Read More

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Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

Gold prices rallied to six-year highs last week and continued posting gains on Monday at $1,403 per ounce. China boosting its gold stockpile, to shift away from the US dollar, has added to the precious metal’s resurgence. The People’s Bank of China has purchased more than 70 tons of gold since Decem [.....]

G20 nerves hit European stocks, dollar; oil gains

LONDON (Reuters) – European stocks stumbled and the dollar dropped to three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week’s G20 meeting and fears grew of a confrontation with Iran. A passerby walks past in front of a stock quotation board outside a brokerage [.....]

‘We can do it again’: Iran ready to shoot down more US drones, Navy chief says

Iran is prepared to take down more US spy drones, should they violate its airspace, the Iranian Navy chief said. A similar claim earlier came from a senior commander of the Revolutionary Guard. “The enemy sent its smartest and most sophisticated patrol aircraft into the forbidden zone and everybody [.....]

Billionaire Arkady Rotenberg discusses Putin friendship & Western sanctions fight in rare interview

Russia can’t rely on the West or China if it wants to become a world-leading economy, construction tycoon Arkady Rotenberg – often described as one of Vladimir Putin’s closest confidantes – told RT’s Sophie Shevardnadze. “In the past, we could afford to be idle and put things off or not do them at a [.....]

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India asks scooter, bike makers to draw up plan for EVs: sources

NEW DELHI (Reuters) – India’s federal think-tank has asked scooter and motorbike manufacturers to draw up a plan to switch to electric vehicles, days after they publicly opposed the government’s proposals saying they would disrupt the sector, two sources told Reuters. FILE PHOTO: A boy prepares to r [...]

Bogus Brexit murder plot and other lies planted online by Russian accounts: study

LONDON (Reuters) – In August 2018, Spanish authorities uncovered a plot by anti-Brexit campaigners to assassinate leading Brexiteer and now favorite to be Britain’s next prime minister, Boris Johnson. Or did they? Anti-Brexit graffiti is seen in an underground area as people skateboard in London, Br [...]