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Noble Energy announces 2018 results, provides 2019 guidance

17 mins ago DieselGasoil Comments Off on Noble Energy announces 2018 results, provides 2019 guidance
2/19/2019 Photo: Noble Energy Chairman and CEO Dave Stover. HOUSTON — Noble Energy, Inc. has announced fourth quarter and full-year 2018 financial and operating results. In addition, the company will be focused on delivering sustainable organic free cash flow in 2020 and beyond. Fourth quarter highlights  Organic capital expenditures funded by Noble Energy totaled $643 Read More

Republican backlash against Trump EPA pick fueled by 'biofuel reset'

1 hour ago DieselGasoil Comments Off on Republican backlash against Trump EPA pick fueled by 'biofuel reset'
WASHINGTON/NEW YORK (Reuters) – EPA acting administrator Andrew Wheeler rejected a proposal from his staff that would have reduced the ambition of the nation’s biofuel policy over the next three years, arguing the targeted range it included for annual ethanol consumption was too low, according to two sources familiar with the matter. FILE PHOTO: Acting Read More

American Gilsonite Company has appointed V.P., CCO

3 hours ago DieselGasoil Comments Off on American Gilsonite Company has appointed V.P., CCO
2/19/2019 Photo: Craig Mueller. HOUSTON — American Gilsonite Company (AGC), exclusive supplier of Gilsonite, is pleased to announce the appointment of Craig Mueller as V.P. and CCO, effective immediately. Mr. Mueller is responsible for AGC’s commercial strategy, business development, advancement of technologies for customer-focused products and leadership of its worldwide sales team. He will work Read More

Oil lingers around 2019 highs but demand worries weigh

3 hours ago DieselGasoil Comments Off on Oil lingers around 2019 highs but demand worries weigh
NEW YORK (Reuters) – Oil steadied on Tuesday after hitting 2019 highs as concerns about global crude oil demand, coupled with uncertainty over the latest round of U.S.-China trade talks, countered investor optimism around tightening supplies. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Read More

American Gilsonite Company has appointed V.P, CCO

4 hours ago DieselGasoil Comments Off on American Gilsonite Company has appointed V.P, CCO
2/19/2019 HOUSTON — American Gilsonite Company (AGC), exclusive supplier of Gilsonite, is pleased to announce the appointment of Craig Mueller as V.P. and CCO, effective immediately. Mr. Mueller is responsible for AGC’s commercial strategy, business development, advancement of technologies for customer-focused products and leadership of its worldwide sales team. He will work closely with AGC’s Read More

STEALTHGAS INC. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2018 Financial and Operating Results, Conference Call and Webcast

6 hours ago DieselGasoil Comments Off on STEALTHGAS INC. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2018 Financial and Operating Results, Conference Call and Webcast
ATHENS, Greece, Feb. 19, 2019 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ:GASS) (the “Company”), a ship-owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its fourth quarter and  twelve months’ operating and financial results for the period ended December 31, 2018 before the market Read More

Oil slips from 2019 high as economy worries weigh

6 hours ago DieselGasoil Comments Off on Oil slips from 2019 high as economy worries weigh
LONDON (Reuters) – Oil fell from its 2019 high of almost $67 a barrel on Tuesday as concerns about the progress of U.S.-China trade talks and slowing economic growth countered lower supplies. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Read More

'Phantom volcanoes' may hide more oil and gas in the North Sea: study

8 hours ago DieselGasoil Comments Off on 'Phantom volcanoes' may hide more oil and gas in the North Sea: study
OSLO (Reuters) – An unexplored 7,000 square kilometer (2,700 square mile) swathe of the British North Sea, previously thought to contain empty chambers left by three extinct volcanoes, may hide oil and gas instead, the University of Aberdeen said on Tuesday. FILE PHOTO: Drilling rigs are parked up in the Cromarty Firth near Invergordon, Scotland, Read More

Ultra Petroleum Corp. Announces 2018 Year-End Reserves and Production, Reaffirms its $1.3 Billion Borrowing Base, Executes a Proactive Amendment to RBL Credit Agreement, Provides an Update on Follow-On Debt Exchanges, and Schedules Q4 and Year-End Earnings Call

9 hours ago DieselGasoil Comments Off on Ultra Petroleum Corp. Announces 2018 Year-End Reserves and Production, Reaffirms its $1.3 Billion Borrowing Base, Executes a Proactive Amendment to RBL Credit Agreement, Provides an Update on Follow-On Debt Exchanges, and Schedules Q4 and Year-End Earnings Call
ENGLEWOOD, Colo., Feb. 19, 2019 (GLOBE NEWSWIRE) — Today Ultra Petroleum Corp. (“Ultra Petroleum,” “Ultra” or the “Company”) (NASDAQ: UPL) announced its 2018 year-end reserves and production, semi-annual borrowing base redetermination and favorable amendment to its leverage covenants and schedules its 2018 fourth quarter and year-end earnings call. Key Highlights: Fourth quarter and full-year 2018 Read More

Targa Resources Corp. Sells 45 Percent Interest in Bakken Assets for $1.6 Billion

10 hours ago DieselGasoil Comments Off on Targa Resources Corp. Sells 45 Percent Interest in Bakken Assets for $1.6 Billion
HOUSTON, Feb. 19, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has entered into definitive agreements to sell a 45 percent interest in Targa Badlands LLC (“Badlands”), the entity that holds all of Targa’s assets in North Dakota, to funds managed by GSO Capital Partners and Read More