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More US weapons to Ukraine will only make conflict worse – Russian lawmakers

3 hours ago DieselGasoil Comments Off on More US weapons to Ukraine will only make conflict worse – Russian lawmakers
Additional and “ongoing” US weapons deliveries to Kiev would escalate tensions and undermine efforts for peace in Ukraine, Russian officials said after US special envoy Kurt Volker announced such plans, along with more sanctions. “Moving through Congress is a military financing package of around $250 million and the ability to sell additional equipment,” Volker told Read More

Czech cyber watchdog calls Huawei, ZTE products a security threat

5 hours ago DieselGasoil Comments Off on Czech cyber watchdog calls Huawei, ZTE products a security threat
PRAGUE (Reuters) – The Czech cyber watchdog warned network operators on Monday against using software or hardware made by Chinese telecom equipment suppliers Huawei and ZTE (000063.SZ), saying they posed a security threat. FILE PHOTO: People walk past a Huawei shop in Beijing, China, December 11, 2018. REUTERS/Thomas Peter Huawei, the world’s biggest producer of Read More

Nissan CEO calls on Renault to listen to detail of Ghosn allegations

6 hours ago DieselGasoil Comments Off on Nissan CEO calls on Renault to listen to detail of Ghosn allegations
YOKOHAMA (Reuters) – Nissan Motor’s CEO called on directors at alliance partner Renault to heed its reasons for sacking former Chairman Carlos Ghosn over alleged financial misconduct amid tensions over how to handle the fallout from his arrest. Renault’s interim chairman Philippe Lagayette said on Friday that its board had not considered replacing Ghosn, who Read More

Qatar Petroleum signs agreement to acquire interest in three offshore oil Fields in Mexico

7 hours ago DieselGasoil Comments Off on Qatar Petroleum signs agreement to acquire interest in three offshore oil Fields in Mexico
12/17/2018 Eni CEO Claudio Descalzi and H.E. Mr. Saad Sherida Al-Kaabi, minister of state for energy affairs, president & CEO of Qatar Petroleum DOHA, Qatar — Qatar Petroleum entered into an agreement with Eni to acquire a 35% participating interest in three offshore oil Fields in Mexico. The agreement cover the Amoca, Mizton, and Tecoalli Read More

Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update

7 hours ago DieselGasoil Comments Off on Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce that its senior lender has completed a redetermination of the borrowing base under the Company’s senior secured credit facility (the “Credit Facility”), and has confirmed the borrowing base remains at $7 million. Other than Read More

Continental Closes $ 550,000 Private Placement

8 hours ago DieselGasoil Comments Off on Continental Closes $ 550,000 Private Placement
VANCOUVER, British Columbia, Dec. 17, 2018 (GLOBE NEWSWIRE) — Continental Energy Corporation (OTCQB: CPPXF) (the “Company”), an emerging integrator of small scale Refinery infrastructure with stranded crude oil production, today announced that it has closed private placements with a Dubai based group of investors and raised an aggregate of US$ 550,000 for working capital purposes. Read More

TransCanada Reaches Agreement to Sell Coolidge Generating Station for US$465 Million

10 hours ago DieselGasoil Comments Off on TransCanada Reaches Agreement to Sell Coolidge Generating Station for US$465 Million
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — News Release – TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has entered into an agreement to sell its Coolidge Generating Station to SWG Coolidge Holdings, LLC, a wholly owned subsidiary of Southwest Generation Operating Company, LLC, for approximately US$465 million (Cdn$623 million), subject to closing Read More

Haunting footage shows wreck of Norwegian frigate that sank after training to ‘fight’ Russia

11 hours ago DieselGasoil Comments Off on Haunting footage shows wreck of Norwegian frigate that sank after training to ‘fight’ Russia
The Norwegian military has shared underwater footage of the KNM Helge Ingstad, a warship that collided with an oil tanker and sank while returning from a massive NATO drill hosted by the country. The eerie images of the wrecked frigate were taken by Norwegian divers and robotic submersibles earlier this month during an operation to Read More

Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow

11 hours ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (NYSE MKT:GTE) (TSX:GTE) (LSE:GTE), is pleased to announce an operational update and its 2019 capital budget and production guidance. All dollar amounts are in United States dollars and all production volumes are on a working interest Read More

U.S. Well Services Expands Liquidity Through New Credit Facility, Provides Business Update

11 hours ago DieselGasoil Comments Off on U.S. Well Services Expands Liquidity Through New Credit Facility, Provides Business Update
HOUSTON, Dec. 17, 2018 (GLOBE NEWSWIRE) — U.S. Well Services, Inc. (NASDAQ: USWS) (“USWS” or the “company”) today announced an expansion of its borrowing capacity with the addition of a $75 million second lien delayed draw credit facility provided by Piper Jaffray Finance, LLC and an amendment to its existing first lien credit facility.  The Read More