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Safety first: Volvo to add in-car sensors to prevent drunk driving

3 days ago DieselGasoil Comments Off on Safety first: Volvo to add in-car sensors to prevent drunk driving
GOTHENBURG (Reuters) – Swedish automaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or distracted and intervening to prevent accidents. FILE PHOTO: The 2016 Volvo XC90, winner of the Truck of the Year award at Read More

Chaparral Energy Announces Fourth Quarter and Full Year 2018 Financial and Operational Results

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OKLAHOMA CITY, March 14, 2019 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) announced today its fourth quarter and full year 2018 financial and operational results with the filing of its form 10-K. The company will hold its financial and operating results call this morning, March 14 at 9 a.m. Central. 2018 Highlights Recorded 2018 Read More

Delphi Energy Corp. Reports 2018 Year End Results

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CALGARY, Alberta, March 13, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its financial and operational results for the year ended December 31, 2018. 2018 HIGHLIGHTS Successfully executed a twelve (7.80 net) well drilling program and various infrastructure projects to support future growth; Completed construction and commissioned the Read More

Mid-Con Energy Partners, LP Announces Fourth Quarter and Full Year 2018 Operating and Financial Results, 2018 Year End Proved Reserves and 2019 Guidance

1 week ago DieselGasoil Comments Off on Mid-Con Energy Partners, LP Announces Fourth Quarter and Full Year 2018 Operating and Financial Results, 2018 Year End Proved Reserves and 2019 Guidance
TULSA, March 12, 2019 (GLOBE NEWSWIRE) — Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announces operating and financial results for the fourth quarter and full year ended December 31, 2018. “2018 was a transformative year for the Partnership,” commented our President and CEO, Jeff Olmstead. “We significantly improved our financial position Read More

Worried about next downturn? U.S. credit funds may offer early clues

2 weeks ago DieselGasoil Comments Off on Worried about next downturn? U.S. credit funds may offer early clues
NEW YORK (Reuters) – It seemed like an opportunity a lender would not want to miss. FILE PHOTO: An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham The loan paid 10.25 percent interest which would go up if a benchmark rose. The borrower was Trident Read More

Russian aluminum giant RUSAL reports 40% surge in net profit despite US tariffs & sanctions

2 weeks ago DieselGasoil Comments Off on Russian aluminum giant RUSAL reports 40% surge in net profit despite US tariffs & sanctions
Net income of Russia’s major aluminum producer RUSAL soared $1.698 billion in 2018, marking a significant year-on-year growth of 39 percent, the company said in its report on annual results. Revenue increased 3.1 percent to $10.28 billion against $9.969 billion for the same period the previous year. growth was reportedly due to a 7.2 percent Read More

GE says its reserves are enough, seeking premium increases

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NEW YORK (Reuters) – General Electric Co said on Thursday its current reserves for long-term care insurance policies were sufficient and it was looking to increase premiums to cover their rising cost. FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the company’s site of its energy branch in Belfort, France, February Read More

Delphi Energy Corp. Reports 2018 Year End Reserves

3 weeks ago DieselGasoil Comments Off on Delphi Energy Corp. Reports 2018 Year End Reserves
CALGARY, Alberta, March 04, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) is pleased to announce its crude oil and natural gas reserves information for the year ended December 31, 2018 and provide an operations update. HIGHLIGHTS Successfully explored and delineated the Montney at West Bigstone with a drilling program that consisted Read More

Vitol expect oil to rally as OPEC, Venezuela cause shortage

4 weeks ago DieselGasoil Comments Off on Vitol expect oil to rally as OPEC, Venezuela cause shortage
By Guy Johnson and Javier Blas on 2/24/2019 LONDON (Bloomberg) — The world’s largest energy trader says oil prices are set to rally further as OPEC output cuts and American sanctions on Iran and Venezuela cause a “shortage” of the low-quality heavy crudes refiners rely on. “From here there’s probably the potential to be a Read More