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Husky to Resume Full Production at White Rose

13 hours ago DieselGasoil Comments Off on Husky to Resume Full Production at White Rose
CALGARY, Alberta, Aug. 16, 2019 (GLOBE NEWSWIRE) — Following an extensive investigation, flow line repairs, integrity testing and approval of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), Husky Energy (TSX:HSE) today announced it will resume production from the remaining two drill centres shut in following the November 2018 oil spill offshore Newfoundland and Labrador. Read More

Frac companies get fresh hope UK government will loosen rules

17 hours ago DieselGasoil Comments Off on Frac companies get fresh hope UK government will loosen rules
By Timothy Abington and Jeremy Hodges on 8/16/2019 LONDON (Bloomberg) – A change of British government has given the much-maligned fracing industry another opportunity to make out its case for stimulating the controversial technique to tap unconventional natural gas reserves. Prime Minister Boris Johnson and his new business minister, Andrea Leadsom, have come out in Read More

Half year interim results

18 hours ago DieselGasoil Comments Off on Half year interim results
Strong cash generation and a historically high equity ratio Key figures from the interim financial statements Profit before unrealized financial items amounted to USD 96.4 million compared to USD 86.7 million in the same period of the prior year which is an increase by 11.1%. The profit for the period was USD 68.6 million compared Read More

Refinery news roundup: Minor works at Russian refineries, Antipinsky back

21 hours ago DieselGasoil Comments Off on Refinery news roundup: Minor works at Russian refineries, Antipinsky back
London — Only minor works were heard at Russian refineries before the start of the autumn refinery turnaround season in October. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Meanwhile, the Antipinsky refinery resumed operations on July 18, Sberbank said in a statement. Socar Energoresurs, a joint venture between Read More

Refinery news roundup: Africa launches come into focus

21 hours ago DieselGasoil Comments Off on Refinery news roundup: Africa launches come into focus
London — News has emerged about new launches in Africa. Separately, Engen’s refinery in Durban is facing “some challenges” in production and hence will not be able offer bunker fuel in the spot market until the end of September, sources said. The refinery was “highly unlikely” to resume offering until the end of September, which Read More

Annual U.S. refinery runs expected to decline for first time in 10 years

21 hours ago DieselGasoil Comments Off on Annual U.S. refinery runs expected to decline for first time in 10 years
August 16, 2019 U.S. gross inputs to refineries, also known as refinery runs, have increased each year since 2009, most recently reaching a record high of 17.3 million barrels per day (b/d) in 2018. However, based on its monthly refinery run data through May and forecast for the remainder of 2019, the U.S. Energy Information Read More

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say

22 hours ago DieselGasoil Comments Off on Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China’s flag Read More

Canadian petroleum agency approves Hibernia platform restart following spill

22 hours ago DieselGasoil Comments Off on Canadian petroleum agency approves Hibernia platform restart following spill
8/16/2019 ST. JOHN’S, NEWFOUNDLAND – The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued approval to Hibernia Management and Development Company Ltd. (HMDC) to resume production operations at the Hibernia platform. Hibernia platform Since the spill occurred in mid-July, C-NLOPB staff have had extensive engagement with HMDC to discuss the cause of the spill, along Read More

Peyto Exploration & Development Corp. Confirms Dividends for September 13, 2019

1 day ago DieselGasoil Comments Off on Peyto Exploration & Development Corp. Confirms Dividends for September 13, 2019
CALGARY, Alberta, Aug. 15, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to August 2019 of $0.02 per common share is to be paid on September 13, 2019, for shareholders of record on August 31, 2019. The ex-dividend date is August 29, 2019. Dividends Read More

Sundance Energy Australia Limited Reports Second Quarter 2019 Financial and Operational Results

1 day ago DieselGasoil Comments Off on Sundance Energy Australia Limited Reports Second Quarter 2019 Financial and Operational Results
DENVER, Aug. 15, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported its second quarter 2019 financial and operations results today. Second Quarter 2019 Financial Results Highlights Second quarter Read More