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

12 mins 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

Analysis: Chevron vs. Oxy: Who fits Anadarko better?

10 hours ago DieselGasoil Comments Off on Analysis: Chevron vs. Oxy: Who fits Anadarko better?
By World Oil staff on 4/24/2019 HOUSTON — The third and latest offer (this time publicly) on Wednesday by Occidental Petroleum for Anadarko Petroleum has prompted a discussion among analysts as to whether the large independent’s assets are a better fit with Oxy or Chevron. Less than two weeks ago, Chevron announced that it had Read More

Another cyclone expected to hit Mozambique on Thursday

21 hours ago DieselGasoil Comments Off on Another cyclone expected to hit Mozambique on Thursday
FILE PHOTO: Flooded homes are seen after Cyclone Idai in Buzi district outside Beira, Mozambique, March 21, 2019. REUTERS/Siphiwe Sibeko MAPUTO (Reuters) – Another tropical cyclone is expected to make landfall on Mozambique’s coast on Thursday, just over a month after a more powerful storm struck the Mozambican port city of Beira further south and Read More

Occidental makes Anadarko bid, seeks to derail Chevron deal

24 hours ago DieselGasoil Comments Off on Occidental makes Anadarko bid, seeks to derail Chevron deal
By Simon Casey and Kevin Crowley on 4/24/2019 NEW YORK and HOUSTON (Bloomberg) — Occidental Petroleum is starting a bidding war for Anadarko Petroleum, making a $38 billion counteroffer in attempt to break up the proposed takeover by Chevron. Occidental said Wednesday it’s offering $76/share in cash and stock, a premium of about 20% over Read More

ExxonMobil agrees 20-year LNG deal with China’s Zhejiang Energy

2 days ago DieselGasoil Comments Off on ExxonMobil agrees 20-year LNG deal with China’s Zhejiang Energy
SINGAPORE (Reuters) – Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as the U.S. oil and gas giant steps up marketing of the fuel in China, the world’s second-largest buyer. The logo of Exxon Mobil Corporation is shown on a monitor above the Read More

IMF gives Mozambique $118 million for Cyclone Idai rebuilding

6 days ago DieselGasoil Comments Off on IMF gives Mozambique $118 million for Cyclone Idai rebuilding
FILE PHOTO: A woman walks with her children past flooded houses in the aftermath of Cyclone Idai in Tica near Beira, Mozambique March 31, 2019. REUTERS/Zohra Bensemra MAPUTO (Reuters) – The International Monetary Fund will grant Mozambique a $118.2 million credit facility to help it rebuild infrastructure after a devastating cyclone that killed hundreds of Read More

Exxon Mobil wins three exploration blocks offshore Argentina

1 week ago DieselGasoil Comments Off on Exxon Mobil wins three exploration blocks offshore Argentina
FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo (Reuters) – U.S. oil major Exxon Mobil Corp said on Tuesday its unit and an affiliate of Qatar Petroleum had won three exploration blocks Read More

After Cyclone Idai, thousands still cut off, many more in need: aid agencies

1 week ago DieselGasoil Comments Off on After Cyclone Idai, thousands still cut off, many more in need: aid agencies
JOHANNESBURG (Reuters) – One month after Cyclone Idai tore through southern Africa bringing devastating floods, aid agencies say the situation remains critical with some communities in worst-hit Mozambique only just being reached with aid. FILE PHOTO: Women wait to receive aid at a camp for the people displaced in the aftermath of Cyclone Idai in Read More