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SoftBank Corp suffers rare Japan debut drop after record IPO

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TOKYO (Reuters) – SoftBank Corp (9434.T) shares slumped more than 10 percent on debut, as investor appetite for Japan’s biggest ever IPO was hurt by a recent service outage at the telecoms operator and worries over its exposure to Chinese telecoms gear maker Huawei. SoftBank Corp. President and CEO Ken Miyauchi smiles as he rings Read More

SoftBank Corp shares slide 10 percent on debut after record Japan IPO

4 hours ago DieselGasoil Comments Off on SoftBank Corp shares slide 10 percent on debut after record Japan IPO
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – SoftBank Corp (9434.T) shares slumped more than 10 percent in their debut on Wednesday, as investor appetite for Japan’s biggest ever IPO was hurt by a recent major Read More

Buckeye Partners, L.P. Announces Closing of Sale of Package of Domestic Pipeline and Terminal Assets

6 hours ago DieselGasoil Comments Off on Buckeye Partners, L.P. Announces Closing of Sale of Package of Domestic Pipeline and Terminal Assets
HOUSTON, Dec. 18, 2018 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that it completed the sale of a package of domestic pipeline and terminal assets (collectively, the “Asset Package”) to a subsidiary of InstarAGF Asset Management Inc. for cash proceeds of $450 million.  The Asset Package includes: a jet fuel pipeline Read More

Parex Concludes Strategic Repositioning Process and Announces Operational Update and Go-Forward Business Plan

6 hours ago DieselGasoil Comments Off on Parex Concludes Strategic Repositioning Process and Announces Operational Update and Go-Forward Business Plan
CALGARY, Alberta, Dec. 18, 2018 (GLOBE NEWSWIRE) — Highlights (all dollar amounts US dollars, unless otherwise noted): Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) announces today that its strategic repositioning review process has been completed and did not result in an acceptable proposal; Parex believes that the market price of its common shares does Read More

SoftBank alum unveils 'affectionate' companion robot in Japan

7 hours ago DieselGasoil Comments Off on SoftBank alum unveils 'affectionate' companion robot in Japan
TOKYO (Reuters) – Japanese startup Groove X, founded by an alumni of SoftBank Group Corp’s robotics unit, unveiled its first creation on Tuesday – a companion robot designed to make users happy. Children pose with Groove X’s Lovot at its demonstration during the launching event in Tokyo, Japan, December 18, 2018. REUTERS/Kim Kyung-Hoon The Lovot, Read More

Ikon Science has acquired Perigon Solutions Ltd

8 hours ago DieselGasoil Comments Off on Ikon Science has acquired Perigon Solutions Ltd
12/18/2018 Photo: Left to Right: Stuart Thomson, CTO, Perigon Solutions; Monica Beech, global portfolio manager content, Ikon Science and Chris Hanton, V.P. of operations – Perigon Solutions. London — Ikon Science Limited, a GeoPrediction technology company, has announced it has wholly acquired Perigon Solutions, a wellbore data management and visualization solutions company. Ikon Science is Read More

Wall St. falls on government shutdown fears, oil swoon

8 hours ago DieselGasoil Comments Off on Wall St. falls on government shutdown fears, oil swoon
NEW YORK (Reuters) – U.S. stocks gave up their gains on Tuesday as energy stocks were weighed by a steep drop in oil prices and as the possibility of a partial government shutdown loomed. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid Read More

Senex Energy completes initial flow test of Gemba-1, in the Cooper basin

14 hours ago DieselGasoil Comments Off on Senex Energy completes initial flow test of Gemba-1, in the Cooper basin
12/18/2018 BRISBANE — Senex Energy Ltd. has successfully completed the initial flow test of the Gemba-1 gas exploration well in the Cooper basin, with stabilized flow rates of approximately 8 MMscfd, plus associated liquids. Senex Managing Director and CEO Ian Davies said: “Senex is delivering on its strategy to become a material supplier of gas Read More

Volkswagen may have to step up electric car plans to meet EU CO2 targets

14 hours ago DieselGasoil Comments Off on Volkswagen may have to step up electric car plans to meet EU CO2 targets
BERLIN/FRANKFURT/MUNICH (Reuters) – Volkswagen (VOWG_p.DE) may have to step up its plans for mass production of electric vehicles in order to meet tougher-than-expected European targets to cut greenhouse emissions from cars, its chief executive said on Tuesday. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American Read More

President Energy reports drilling success of third well at Argentina's Puesto Flores concession

15 hours ago DieselGasoil Comments Off on President Energy reports drilling success of third well at Argentina's Puesto Flores concession
12/18/2018 LEEDS — President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, has provided the following update relating to the Puesto Flores Concession in Rio Negro Province, Argentina (President 90% and operator – EDHIPSA 10%). Highlights: PF0 1005, the third and final new Read More