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3Bear Energy Announces Northern Delaware Basin Gathering System Expansion

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DENVER, Dec. 18, 2018 (GLOBE NEWSWIRE) — 3 Bear Energy, LLC (“3Bear”) announced today expansion plans for its crude, gas and water gathering systems in the Northern Delaware Basin Gathering System. growth Plans:With recent additions to 3Bear’s growing base of producers, 3Bear has committed to construct a 100,000 barrel crude tank and lay approximately 90 Read More

Volkswagen may have to step up electric car plans to meet EU CO2 targets

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BERLIN/FRANKFURT/MUNICH (Reuters) – Volkswagen (VOWG_p.DE) may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American Read More

Gemini Midstream Announces New Partnership Focused on Providing Transport Solution for East Texas Haynesville Development

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HOUSTON, Dec. 18, 2018 (GLOBE NEWSWIRE) — Gemini Midstream Holdings, LLC and its affiliates (“Gemini” or the “Company”) today announced the development of the Gemini Carthage Pipeline, a new natural gas system in Harrison and Panola Counties, Texas, capable of delivering in excess of 1.2 billion cubic feet per day of high pressure, dry natural Read More

Husky Energy Announces Regulatory Approvals For MEG Energy Acquisition

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CALGARY, Alberta, Dec. 18, 2018 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) today announced it has met all regulatory requirements for its full and fair offer to acquire MEG Energy, including approval granted under the Investment Canada Act. “Receiving regulatory approvals is a significant step toward realizing this compelling opportunity,” said CEO Rob Peabody. “Our proposal Read More

Goldman, Morgan Stanley gain clout in Brazil as NY IPOs grow

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SAO PAULO (Reuters) – Goldman Sachs Group Inc (GS.N), Morgan Stanley(MS.N) and Bank of America Merrill Lynch(BAC.N) are regaining clout in Latin America’s largest economy as Brazilian companies opt to list shares in New York instead of on their local exchanges, Refinitiv data shows. A sign is displayed on the Morgan Stanley building in New Read More

Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update

1 day ago DieselGasoil Comments Off on Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce that its senior lender has completed a redetermination of the borrowing base under the Company’s senior secured credit facility (the “Credit Facility”), and has confirmed the borrowing base remains at $7 million. Other than Read More

Malaysia charges Goldman Sachs, ex-bankers in 1MDB probe

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KUALA LUMPUR (Reuters) – Malaysia on Monday filed criminal charges against Goldman Sachs and two of the U.S. bank’s former employees in connection with an investigation into suspected corruption and money laundering at state fund 1MDB. FILE PHOTO: A view of the Goldman Sachs stall on the floor of the New York Stock Exchange in Read More

SPI Energy Co., Ltd. Announces Receipt of Delinquency Notice From NASDAQ

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HONG KONG and SANTA CLARA, Calif., Dec. 17, 2018 (GLOBE NEWSWIRE) — SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ: SPI), a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers, today announced that it received a notification letter (the “Notice”) from the Listing Qualifications Department Read More

What would the end of OPEC mean?

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The Organization of the Petroleum Exporting Countries – the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years – is now in deep crisis. The latest OPEC meeting in Vienna offered new insights into the cartel’s raging civil war that is tearing it apart and threatens Read More

Suspected food poisoning kills 11 at Indian temple

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Eleven people have died of suspected food poisoning following a ceremony at a new Hindu temple in southern India. Police arrested three people after more than 130 people fell ill following the celebration of the building’s construction. Eight are in a critical condition. The group immediately started vomiting, complained of severe stomach pain after eating Read More