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Interim results for the period ended 31 March 2019

6 hours ago DieselGasoil Comments Off on Interim results for the period ended 31 March 2019
Highlights Gross contract earnings backlog1 increased from $7.3 billion to $10.3 billion. Golar’s (“Golar” or “the Company”) total operating revenues decreased from $181.9 million in 4Q 2018 to $114.3 million in 1Q 2019. Adjusted EBITDA1decreased from $121.2 million in 4Q 2018 to $62.9 million in 1Q 2019. After recognition of $28.4 million of unrealized Brent oil Read More

North Energy ASA – Results for the first quarter 2019

11 hours ago DieselGasoil Comments Off on North Energy ASA – Results for the first quarter 2019
Oslo, 21 May 2019 North Energy ASA (“North Energy” or “Company”) recorded a comprehensive loss of NOK 2.8 million in the first quarter of 2019, compared with a comprehensive loss of NOK 25.3 million in the same quarter last year. The result reported for this quarter consist mainly by net gain of NOK 1.9 million Read More

Morien Provides Update on Donkin Coal Mine

11 hours ago DieselGasoil Comments Off on Morien Provides Update on Donkin Coal Mine
HALIFAX, Nova Scotia, May 21, 2019 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company”) (TSXV:MOX), is pleased to announce that it has received notice from Kameron Collieries ULC (“Kameron”), the owner and operator of the Donkin Coal Mine (“Donkin” or “Mine”) in Cape Breton, Nova Scotia, that it has been granted approval by Read More

Canadian Natural Resources Limited Announces Normal Course Issuer Bid

15 hours ago DieselGasoil Comments Off on Canadian Natural Resources Limited Announces Normal Course Issuer Bid
CALGARY, Alberta, May 21, 2019 (GLOBE NEWSWIRE) — Canadian Natural Resources Limited (“Canadian Natural”) announced today that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid (“NCIB”) through the facilities of the Toronto Stock Exchange or other alternative Canadian trading systems. Purchases may Read More

China calls out big state firms, others on pollution violations amid slowing economy fears

16 hours ago DieselGasoil Comments Off on China calls out big state firms, others on pollution violations amid slowing economy fears
SHANGHAI/BEIJING (Reuters) – China has publicly accused dozens of firms, including some of its biggest state enterprises, of exceeding pollution limits and breaching monitoring standards, as concerns rise that the slowing economy is undermining a five-year war on pollution. FILE PHOTO: A cooling tower (C) and chimneys are seen at a thermal power plant on Read More

Factbox: Investments by automakers in the U.S. and China since Trump came to power

20 hours ago DieselGasoil Comments Off on Factbox: Investments by automakers in the U.S. and China since Trump came to power
(Reuters) – Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs. FILE PHOTO: Imported vehicles are seen at a car dealership in Tianjin bonded zone, China January 2, 2019. REUTERS/Yilei Sun China Read More

TGS and Spectrum executes merger agreement and merger plan

1 day ago DieselGasoil Comments Off on TGS and Spectrum executes merger agreement and merger plan
Oslo, 20 May 2019 – With reference to announcements on 2 May 2019, TGS-NOPEC Geophysical Company ASA (“TGS“) and Spectrum ASA (“Spectrum“) today announced that their respective board of directors have unanimously approved and decided upon a final merger agreement and merger plan in line with the terms previously announced. The merger plan is now Read More

Infrastructure and Energy Alternatives, Inc. Announces Closing of $50 Million Equity Transaction

1 day ago DieselGasoil Comments Off on Infrastructure and Energy Alternatives, Inc. Announces Closing of $50 Million Equity Transaction
INDIANAPOLIS, May 20, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that it has successfully completed the previously announced $50 million equity transaction (“Equity Transaction”) with a fund managed by the Private Equity Group Read More

Wall St. slides as Huawei fallout hits tech shares

1 day ago DieselGasoil Comments Off on Wall St. slides as Huawei fallout hits tech shares
NEW YORK (Reuters) – U.S. stocks slid on Monday as the White House’s restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Since the White House added Huawei to a trade blacklist Read More