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Devon Energy to Report Second-Quarter 2019 Results Aug. 6; Conference Call Scheduled for Aug. 7

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OKLAHOMA CITY, June 25, 2019 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced plans to announce second-quarter 2019 results on Tuesday, Aug. 6, after the close of U.S. financial markets. The earnings release and operations report for the second-quarter 2019 results will be available on the company’s website at www.devonenergy.com. On Wednesday, Aug. Read More

Pemex production decline continues despite government stimulus, output targets

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Highlights Crude output falls to 1.68 million b/d in May, still above 2019 low Gross natural gas production rises 25 MMcf/d to 4.84 Bcf/d Denver — Mexico’s state-owned producer Pemex reported a continued decline in its crude oil production last month, which was partially offset by a modest uptick in condensates, natural gas liquids and Read More

Hackers hit global telcos in espionage campaign: cyber research firm

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TEL AVIV (Reuters) – Hackers have broken into the systems of more than a dozen global telecoms companies and taken large amounts of personal and corporate data, researchers from a cyber security company said on Tuesday, identifying links to previous Chinese cyber-espionage campaigns. FILE PHOTO: A man holds a laptop computer as cyber code is Read More

Airports begin to fight back against rogue drones with anti-incursion systems

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It’s the first rule of drone ownership: no flying near an airport. But some people either don’t care or use drones to intentionally disrupt airport operations. Last December, drone sightings at London’s Gatwick Airport forced a three-day shutdown, and canceled flights left thousands of stranded passengers scrambling. No one has been arrested in the case, Read More

Essential Energy Services Provides a Patent Litigation Update

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CALGARY, Alberta, June 25, 2019 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) provides an update with regards to the patent litigation. As previously disclosed, on April 25, 2019, the Federal Court of Appeal released its decision (the “Appeal Decision”) dismissing the appeal filed by Packers Plus Energy Services Inc. Read More

International Petroleum Corporation announces commencement of drilling program in Malaysia

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TORONTO, June 25, 2019 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that it has commenced drilling of the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia. IPC is the operator of Block PM307 and holds a 75% working interest, with Read More

Why oil’s outlook could be even bleaker than expected

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By Bloomberg News on 6/25/2019 SINGAPORE and BEIJING (Bloomberg) — As storm clouds gather over the world’s top oil-consuming region, OPEC and its allies would be advised to pay close attention as they prepare to make a key decision on output curbs early next month. While the Saudi Arabian-led efforts to restrain supply amid surging Read More

Japan’s Suntory joins rival Coca Cola to push Vietnam on plastic recycling

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TOKYO (Reuters) – Japanese beverage giant Suntory Holdings said it would work with rival Coca-Cola as well as Nestle to push the government in Vietnam, among the biggest contributors to plastic waste in the ocean, to create a large-scale recycling system. FILE PHOTO: The logo of Suntory is seen at the Suntory Musashino Brewery in Read More

S-300 theft fail: Pole jailed for 14 years after attempting to steal Russian missile system parts

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A Polish national, caught red-handed trying to steal classified parts of the S-300 missile system for a Polish supplier, has been tried and convicted in a Moscow court on charges of espionage. Marian Radzajewski was found guilty and sentenced to 14 years in a “strict regime colony,” Moscow City Court announced in a press release Read More