newszine

SDRL – Seadrill Limited Announces Second Quarter 2019 Results

26 mins ago DieselGasoil Comments Off on SDRL – Seadrill Limited Announces Second Quarter 2019 Results
Highlights• Solid operational performance in the quarter with 96% economic utilization• Revenue up 6% at $321 million with increasing reimbursable revenues• Operating Loss of $73 million• Adjusted EBITDA of $69 million• Reported net loss of $206 million equivalent to net loss per share of $2.03• Total cash of $1.5 billion following completion of the Senior Read More

Top U.S. CEOs say companies should put social responsibility above profit

8 hours ago DieselGasoil Comments Off on Top U.S. CEOs say companies should put social responsibility above profit
NEW YORK (Reuters) – Corporate America is responsible for providing economic benefits to all, not just its investors, the Business Roundtable group said on Monday. The group’s “statement of corporate purpose” was signed by the heads of more than 180 U.S. companies, including the CEOs of Amazon.com Inc (AMZN.O), American Airlines (AAL.O), the largest airline Read More

Macron lectures Putin on ‘right to protest’ amid own crackdown on Yellow Vests

10 hours ago DieselGasoil Comments Off on Macron lectures Putin on ‘right to protest’ amid own crackdown on Yellow Vests
Emmanuel Macron took the opportunity to tell Russia’s Vladimir Putin that a “true democracy” should treat protesters with respect. In France, anti-Macron protesters have been met with police batons for the past 40 weekends. The two leaders met ahead of the G7 summit, which Russia will not be part of, to talk about issues both Read More

Musk warns Earth has NO ASTEROID DEFENSE following ‘God of Chaos’ news reports

19 hours ago DieselGasoil Comments Off on Musk warns Earth has NO ASTEROID DEFENSE following ‘God of Chaos’ news reports
The gigantic Apophis asteroid hurtling towards Earth has sparked a flurry of panicked news reports. Elon Musk is warning that we are completely defenseless against planet-killer asteroids even if this one doesn’t pose a threat. Musk was responding to a tweet from his friend, podcast host Joe Rogan, who shared a news article about the Read More

‘We are moving into a new, controlled society worse than old totalitarianism’ – Zizek on Google leak

2 days ago DieselGasoil Comments Off on ‘We are moving into a new, controlled society worse than old totalitarianism’ – Zizek on Google leak
Modern censorship is more dangerous than open totalitarianism, it being concealed and incorporated in our daily routine, says Slovenian philosopher Slavoj Zizek, commenting on the insider leak detailing Google’s news blacklist. The intellectual told RT he’s not advocating for online anarchy, comparing it to snuff movies in hardcore pornography – some regulation should be in Read More

Girl won’t be allowed to sing with prestigious German boys’ choir as legal bid fails

4 days ago DieselGasoil Comments Off on Girl won’t be allowed to sing with prestigious German boys’ choir as legal bid fails
A girl who tried to become the first female member of a 554-year old Berlin boys’ choir has lost her gender discrimination case after a court ruled that the choir had not been sexist when it rejected her application. The State and Cathedral Choir of Berlin has never admitted any women since it was founded Read More

GulfDrill JV inks $656 million jackup contract with Qatar Petroleum

4 days ago DieselGasoil Comments Off on GulfDrill JV inks $656 million jackup contract with Qatar Petroleum
8/16/2019 HAMILTON, BERMUDA – Seadrill and Gulf Drilling International have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020. Seadrill West Telesto The five firm, well-based contracts will have staggered commencements throughout 2020 with initial terms concluding in 2023 & Read More

Frac companies get fresh hope UK government will loosen rules

4 days 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

‘Nuke Mars’: Elon Musk sets Twitter on fire with interplanetary declaration of war

4 days ago DieselGasoil Comments Off on ‘Nuke Mars’: Elon Musk sets Twitter on fire with interplanetary declaration of war
Serial entrepreneur and part-time meme enthusiast Elon Musk has once again whipped the internet commentariat into a frenzy, this time with a simple, two-word proposition on Twitter: “Nuke Mars!” The idea isn’t necessarily new, Musk has discussed using thermonuclear weapons to ‘nuke’ the Red Planet’s poles to assist in terraforming the planet for future human Read More

Interventek secures Trendsetter well intervention safety valve contract

6 days ago DieselGasoil Comments Off on Interventek secures Trendsetter well intervention safety valve contract
8/14/2019 ABERDEEN – Subsea well intervention technology specialist, Interventek has been awarded a contract to supply its Open Water Revolution Valves to Trendsetter Engineering in Houston. The shear-and-seal subsea safety valves will be delivered by early 2020 for integration into Trendsetter’s MkII 15K Light Riser Intervention System. The system is scheduled for its first deployment Read More