newszine

Transocean Ltd. Announces Revolving Credit Facility Increase to $1.36 Billion

6 days ago DieselGasoil Comments Off on Transocean Ltd. Announces Revolving Credit Facility Increase to $1.36 Billion
STEINHAUSEN, Switzerland, May 14, 2019 (GLOBE NEWSWIRE) — Transocean Ltd.(NYSE: RIG) announced today that it has amended the terms of its Revolving Credit Facility dated June 22, 2018 (“the Facility”) to increase the capacity of the Facility to $1.36 billion from $1.0 billion. The Facility contains an accordion provision permitting an increase in capacity of Read More

U.S. faces hurdles in push to build electric vehicle supply chain

6 days ago DieselGasoil Comments Off on U.S. faces hurdles in push to build electric vehicle supply chain
(Reuters) – The United States faces stiff challenges as it moves to create its own electric vehicle supply chain, industry analysts say, with the extent of the country’s metal reserves largely unknown and only a few facilities to process minerals and produce batteries. A sign at the approach road leads to Albemarle’s lithium evaporation ponds Read More

Serinus Energy plc: Operational Update

7 days ago DieselGasoil Comments Off on Serinus Energy plc: Operational Update
JERSEY, Channel Islands, May 13, 2019 (GLOBE NEWSWIRE) — Serinus Energy plc (“Serinus”, “SEN” or the “Company”) (AIM:SENX, WSE:SEN) is pleased to provide an operational update. Romania As previously announced by the Company, gas production at the Moftinu Gas Project commenced on 25 April 2019. The Moftinu Gas Development project offers a significant opportunity for Read More

OTC: DOE continues to address technology and market challenges

2 weeks ago DieselGasoil Comments Off on OTC: DOE continues to address technology and market challenges
By Kurt Abraham, Editor-in-Chief, World Oil on 5/9/2019 HOUSTON — The U.S. Department of Energy’s (DOE) offshore research and technology solutions continue to support President Trump’s goals for energy dominance and the America-First Offshore Energy Strategy. That’s the message brought to attendees at the Offshore Technology Conference (OTC) by Deputy Assistant Secretary Shawn Bennett at Read More

Amplify Energy Announces First Quarter 2019 Results, Midstates Merger Update and Updated 2019 Guidance

2 weeks ago DieselGasoil Comments Off on Amplify Energy Announces First Quarter 2019 Results, Midstates Merger Update and Updated 2019 Guidance
HOUSTON, May 09, 2019 (GLOBE NEWSWIRE) — Amplify Energy Corp. (OTCQX: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the first quarter 2019 and updated guidance for the full year 2019. Key Transaction Highlights and Events Announced a proposed combination on May 6, 2019 with Midstates Petroleum Company, Inc. (NYSE: Read More

Saudis willing to meet all orders from ex-Iran oil buyers

2 weeks ago DieselGasoil Comments Off on Saudis willing to meet all orders from ex-Iran oil buyers
By Nayla Razzouk on 5/8/2019 DUBAI (Bloomberg) — If you have had to stop buying oil from Iran, Saudi Arabia has you covered, for June, anyway.  The world’s biggest oil exporter has received moderate requests from customers for shipments next month, including from former buyers of Iran’s oil, according to a Persian Gulf person familiar Read More

Amplify Energy and Midstates Petroleum Announce Merger-of-Equals

2 weeks ago DieselGasoil Comments Off on Amplify Energy and Midstates Petroleum Announce Merger-of-Equals
HOUSTON, May 06, 2019 (GLOBE NEWSWIRE) — Amplify Energy Corp. (OTCQX: AMPY) (“Amplify”) and Midstates Petroleum Company, Inc. (NYSE: MPO) (“Midstates”) announced today that they have entered into a definitive merger agreement pursuant to which Amplify will merge with a subsidiary of Midstates in an all-stock merger-of-equals. Under the terms of the merger agreement, Amplify Read More

Exclusive: U.S. seeks to challenge China’s electric-vehicle supply chain dominance

2 weeks ago DieselGasoil Comments Off on Exclusive: U.S. seeks to challenge China’s electric-vehicle supply chain dominance
WASHINGTON (Reuters) – A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China’s dominance in the space. FILE PHOTO: A staff member hooks up a charging cable to an Read More