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Norway’s Halfwave scores four major pipeline inspection contracts

3 hours ago DieselGasoil Comments Off on Norway’s Halfwave scores four major pipeline inspection contracts
7/22/2019 BERGEN – In-line oil and gas pipeline inspection technology company Halfwave has been awarded four contract wins for subsea inspection in the first half of 2019, seeing its ROV mounted ARTEMIS tool utilized on major oilfield projects around the world. The tool, which utilizes Acoustic Resonance Technology to provide wall thickness inspection of subsea Read More

Microsoft to invest $1 billion in OpenAI

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(Reuters) – Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft’s Azure cloud computing service. OpenAI was founded in 2015 as a nonprofit with $1 billion in funding from Silicon Valley investors Sam Read More

AmEx warns of higher costs as it boosts rewards program, shares fall

3 days ago DieselGasoil Comments Off on AmEx warns of higher costs as it boosts rewards program, shares fall
(Reuters) – American Express Co (AXP.N) warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in an increasingly crowded market, sending its shares down 2.5% on Friday. FILE PHOTO: American Express logo and trading symbol are displayed on a screen at the New York Read More

On Apollo 11 anniversary, NYT declares USSR ‘won space race’ for wokeness

4 days ago DieselGasoil Comments Off on On Apollo 11 anniversary, NYT declares USSR ‘won space race’ for wokeness
American space achievements such as the Apollo 11 Moon landing mean nothing because they were racist and sexist, while the Soviet Union practiced diversity. A ready-made RT article? Try the two main US newspapers instead. Picture in your mind a RT.com headline that goes something like this: “How the Soviets Won the Space Race for Read More

Targa Resources Corp. Announces Quarterly Dividends

5 days ago DieselGasoil Comments Off on Targa Resources Corp. Announces Quarterly Dividends
HOUSTON, July 17, 2019 (GLOBE NEWSWIRE) — Targa Resources Corp. (“TRC”, “Targa” or the “Company”) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferred shares with respect to the second quarter of 2019. TRC announced today that its board of directors has declared a quarterly cash dividend Read More

Microsoft, AT&T sign cloud deal worth more than $2 billion

5 days ago DieselGasoil Comments Off on Microsoft, AT&T sign cloud deal worth more than $2 billion
(Reuters) – Microsoft Corp (MSFT.O) and AT&T Inc (T.N) on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft’s Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much of its 268,000-strong workforce. Satya Nadella, CEO, Microsoft Corporation (L), and John Donovan, Read More

How lithium-rich Chile botched a plan to attract battery makers

6 days ago DieselGasoil Comments Off on How lithium-rich Chile botched a plan to attract battery makers
SANTIAGO (Reuters) – In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles. FILE PHOTO: An aerial view shows the brine pools of SQM lithium mine on the Atacama salt flat in the Atacama desert Read More

Porsche offers computerized cruise control for twisty roads

6 days ago DieselGasoil Comments Off on Porsche offers computerized cruise control for twisty roads
See the most exotic cars from the Geneva Motor Show I was going almost 50 miles an hour on a mountain road just north of New York City. Ahead of me, the road curved sharply to the left with just a thin metal railing between the speeding car and a long drop down a mountainside Read More

Comstock Resources Announces Closing of Covey Park Energy Merger

6 days ago DieselGasoil Comments Off on Comstock Resources Announces Closing of Covey Park Energy Merger
Frisco, TX, July 16, 2019 (GLOBE NEWSWIRE) — COMSTOCK RESOURCES ANNOUNCES CLOSINGOF COVEY PARK ENERGY MERGER FRISCO, TX, July 16, 2019 – Comstock Resources, Inc. (NYSE: CRK) (“Comstock” or the “Company”) today announced that it has closed the previously announced acquisition of Covey Park Energy LLC (“Covey Park”) in a cash and stock merger valued Read More

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

1 week ago DieselGasoil Comments Off on Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for July 2019. Targa Resources Partners LP announced today that the board of Read More