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U.S. DUC shale backlog declines, except in Permian basin

51 mins ago DieselGasoil Comments Off on U.S. DUC shale backlog declines, except in Permian basin
By Stephen Cunningham on 7/16/2019 WASHINGTON D.C. (Bloomberg) –The backlog of DUCs in major U.S. shale plays fell for a fourth straight month, the longest stretch of declines since 2016, as producers came under intense pressure from shareholders to rein in costs while boosting output. The number of drilled but uncompleted wells, or DUCs, fell Read More

U.S. shale fracklog declines, expect in Permian basin

2 hours ago DieselGasoil Comments Off on U.S. shale fracklog declines, expect in Permian basin
By Stephen Cunningham on 7/16/2019 WASHINGTON D.C. (Bloomberg) –The backlog of DUCs in major U.S. shale plays fell for a fourth straight month, the longest stretch of declines since 2016, as producers came under intense pressure from shareholders to rein in costs while boosting output. The number of drilled but uncompleted wells, or DUCs, fell Read More

Spectrum Global Solutions Announces New Definitive Agreement with WaveTech GmbH

2 hours ago DieselGasoil Comments Off on Spectrum Global Solutions Announces New Definitive Agreement with WaveTech GmbH
Combination with German Technology Company Enables Spectrum to Continue its Previously Announced Business Plan LONGWOOD, FL, July 16, 2019 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (the “Company” or “Spectrum”) (OTCQB: SGSI), a single-source provider of next-generation communications network and professional services to telecommunications and enterprise markets, announces today the Company’s entry into a definitive Read More

Hardisty-US Gulf Coast WCS crude spread narrows to tightest since Oct 2017

13 hours ago DieselGasoil Comments Off on Hardisty-US Gulf Coast WCS crude spread narrows to tightest since Oct 2017
The spread between the value of Canada’s benchmark heavy crude, Western Canadian Select, in Hardisty, Alberta, and on the US Gulf Coast on Monday reached its narrowest point since October 25, 2017. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The difference between the value of WCS at Hardisty Read More

TC Energy to Issue Second Quarter Results August 1

17 hours ago DieselGasoil Comments Off on TC Energy to Issue Second Quarter Results August 1
CALGARY, Alberta, July 15, 2019 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, August 1, 2019 to discuss its second quarter 2019 financial results which will be released pre-market. Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Read More

Oil dips as US Gulf production, refining operations return to normal

18 hours ago DieselGasoil Comments Off on Oil dips as US Gulf production, refining operations return to normal
New York — Oil futures settled lower Monday, shedding risk premiums as Hurricane Barry continued to weaken far inland and Gulf Coast oil operations began to normalize. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX August WTI closed at $59.58/b, down 63 cents, while ICE September Brent fell Read More

Russia, Saudi Arabia in talks on new oil, gas, petchems, nuclear cooperation

21 hours ago DieselGasoil Comments Off on Russia, Saudi Arabia in talks on new oil, gas, petchems, nuclear cooperation
Moscow — Russian and Saudi Arabian companies are considering expanding existing energy cooperation to include new joint oil and gas, petchems and nuclear projects, Russian news agency RIA Novosti reported Monday, citing a protocol signed at the end of the last meeting of the intergovernmental commission in mid-June. Not registered? Receive daily email alerts, subscriber Read More

Sea section of Russia’s Nord Stream 2 natural gas pipeline is 60% complete

22 hours ago DieselGasoil Comments Off on Sea section of Russia’s Nord Stream 2 natural gas pipeline is 60% complete
Russia has finished laying nearly two thirds of the Nord Stream 2 natural gas pipeline along the bottom of the Baltic Sea, the deputy chairman of Gazprom’s management committee has announced. “The completion of the sea part is around 60 percent,” Oleg Aksyutin told the Rossiya 24 channel. The undersea pipeline, Read More

Gilead invests $5 billion to deepen ties with biotech Galapagos

1 day ago DieselGasoil Comments Off on Gilead invests $5 billion to deepen ties with biotech Galapagos
(Reuters) – U.S. antiviral drugmaker Gilead Sciences (GILD.O) will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV (GLPG.AS), news that lifted Galapagos’s shares 18 percent to an all-time high on Monday. FILE PHOTO: A Gilead Sciences, Inc. logo is seen outside the company headquarters in Foster City, California, Read More

Gilead invests $5 bln to deepen ties with biotech Galapagos

1 day ago DieselGasoil Comments Off on Gilead invests $5 bln to deepen ties with biotech Galapagos
(Reuters) – U.S. antiviral drugmaker Gilead Sciences (GILD.O) will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV (GLPG.AS), news that lifted Galapagos’s shares 18 percent to an all-time high on Monday. FILE PHOTO: A Gilead Sciences, Inc. logo is seen outside the company headquarters in Foster City, California, Read More