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Alberta sees OPEC pricing go from too cheap to too pricey

8 hours ago DieselGasoil Comments Off on Alberta sees OPEC pricing go from too cheap to too pricey
By Robert Tuttle on 3/22/2019 Photo: Canadian Natural. CALGARY (Bloomberg) — Trying to fix the crude market has been hard enough for OPEC. Alberta’s go at it is proving a bigger challenge than the oil-rich Canadian province anticipated. Since mandatory production cuts were announced in December, local heavy crude has gone from too cheap to Read More

Sky Solar Holdings, Ltd. Announces Extension of Time to Cure Deficiency

9 hours ago DieselGasoil Comments Off on Sky Solar Holdings, Ltd. Announces Extension of Time to Cure Deficiency
HONG KONG, March 22, 2019 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or the “Company”), a global developer, owner and operator of solar parks, today announced it received a letter from Nasdaq notifying the Company that it has been provided an additional 180 calendar day period, or until September 16, 2019, Read More

U.S. natural gas plant liquid production continues to hit record highs

11 hours ago DieselGasoil Comments Off on U.S. natural gas plant liquid production continues to hit record highs
March 22, 2019 Since 2012, when horizontal drilling and hydraulic fracturing techniques became more common, U.S. production of natural gas plant liquids (NGPL) has significantly increased, averaging 4.3 million barrels per day (b/d) in 2018, up from 2.5 million b/d in 2012. Nearly three-quarters of U.S. NGPL production is concentrated within six producing regions. The Read More

Indian rupee goes from worst to best-performing currency in Asia

12 hours ago DieselGasoil Comments Off on Indian rupee goes from worst to best-performing currency in Asia
It took just five weeks for India’s national currency to flip from worst to best performing currency in Asia. The rupee soared past its emerging market peers, bolstered by a weakened US dollar and a surge in foreign stock inflows. Since the start of February, the rupee has gone from levels above 71 against the Read More

ClearStream Announces Fourth Quarter and Annual 2018 Financial Results

17 hours ago DieselGasoil Comments Off on ClearStream Announces Fourth Quarter and Annual 2018 Financial Results
CALGARY, Alberta, March 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, TSX: CSM and CSM.DB.A) today announced its results for the three and twelve months ended December 31, 2018. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the “Non-IFRS measures” section of this release for a description of Read More

Fund managers skittish over Levi's long-term growth prospects

1 day ago DieselGasoil Comments Off on Fund managers skittish over Levi's long-term growth prospects
NEW YORK (Reuters) – Levi Strauss & Co’s is betting it can convince investors there is still plenty of global growth left for the 165-year old company, but fund managers fret the iconic blue jeans maker’s stock may be too pricey to generate a decent return. FILE PHOTO: Levi Strauss & Co. CEO Chip Bergh Read More

Covia Announces Fourth Quarter and Full Year 2018 Results

2 days ago DieselGasoil Comments Off on Covia Announces Fourth Quarter and Full Year 2018 Results
Fourth quarter 2018 volumes of 7.8 million tons; full year 2018 pro forma volumes of 35.2 million tons Fourth quarter 2018 revenues of $441 million; full year 2018 pro forma revenues of $2.3 billion Fourth quarter 2018 net loss from continuing operations of $48.1 million; full year 2018 pro forma net loss from continuing operations Read More

Fed sees no rate hikes in 2019, sets end to asset runoff

2 days ago DieselGasoil Comments Off on Fed sees no rate hikes in 2019, sets end to asset runoff
WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday brought its three-year drive to tighten monetary policy to an abrupt end, abandoning projections for any interest rate hikes this year amid signs of an economic slowdown, and saying it would halt the steady decline of its balance sheet in September. The measures, announced following the Read More

Google announces browser-based streaming game service

2 days ago DieselGasoil Comments Off on Google announces browser-based streaming game service
SAN FRANCISCO (Reuters) – Alphabet Inc’s Google announced on Tuesday that it would launch this year a browser-based video game streaming service dubbed Stadia that attempts to capitalize on the company’s cloud technology and global network of data centers. Google CEO Sundar Pichai speaks during a Google keynote address announcing a new video gaming streaming Read More