newszine

CVS defends settlement that allowed Aetna merger as judge assesses

13 hours ago DieselGasoil Comments Off on CVS defends settlement that allowed Aetna merger as judge assesses
WASHINGTON (Reuters) – CVS Health Corp (CVS.N) defended on Friday an agreement with the U.S. Justice Department which allowed it to purchase Health insurer Aetna for $69 billion, a settlement that a federal judge is still assessing. FILE PHOTO: Shoppers walk outside a CVS store and pharmacy in Medford, Massachusetts, U.S. December 4, 2017. REUTERS/Brian Read More

Explorers face pain as oilfield costs jump: Wood Mackenzie

20 hours ago DieselGasoil Comments Off on Explorers face pain as oilfield costs jump: Wood Mackenzie
By David Wethe on 12/14/2018 HOUSTON (Bloomberg) — Shale explorers are in for higher equipment and service costs in 2019 after getting hit with double-digit inflation this year, according to Wood Mackenzie Ltd.  The rate of well-cost increases — which includes everything from cement to drilling rigs — is expected to average 9% across the Read More

Sky Solar Holdings, Ltd. Reports Unaudited Financial Results for the First Half of Fiscal Year 2018

24 hours ago DieselGasoil Comments Off on Sky Solar Holdings, Ltd. Reports Unaudited Financial Results for the First Half of Fiscal Year 2018
HONG KONG, Dec. 14, 2018 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or “the Company”), a global developer, owner and operator of solar parks, today announced its financial results for and as of the first six months ended June 30, 2018. First Half 2018 Highlights Revenue of $33.2 million, up 8.4% Read More

Saudis are said to target U.S. with sharp oil export cut

2 days ago DieselGasoil Comments Off on Saudis are said to target U.S. with sharp oil export cut
By Javier Blas and Tina Davis on 12/13/2018 LONDON and NEW YORK (Bloomberg) — After flooding the U.S. market in recent months, Saudi Arabia plans to slash exports to the world’s largest oil market in the coming weeks in an effort to dampen visible build-ups in crude inventories. American-based oil refiners have been told to Read More

Petroteq Energy 2018 Year-End Review

2 days ago DieselGasoil Comments Off on Petroteq Energy 2018 Year-End Review
SHERMAN OAKS, CALIFORNIA, Dec. 13, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), a fully integrated oil and gas company with production assets in the Asphalt Ridge region of Vernal, Utah, is pleased to provide a 2018 year-end operations and strategic update: Dear Shareholders, As we begin to close out 2018, and Read More

China's Zhoushan to go after Singapore marine hub's top billing

3 days ago DieselGasoil Comments Off on China's Zhoushan to go after Singapore marine hub's top billing
ZHOUSHAN, China/SINGAPORE (Reuters) – China’s port city of Zhoushan is planning to challenge Singapore’s dominance of the multi-billion dollar shipping fuel industry, relying on proximity to some of the world’s biggest ports and Beijing’s support to give it an edge. A Sinopec oil tanker approaches cargo vessel Dongtai Baoze (L) berthed at an anchorage off Read More

China's Tencent Music debut strikes a chord with investors

3 days ago DieselGasoil Comments Off on China's Tencent Music debut strikes a chord with investors
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment Group (TME.N) rose in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a ceremonial bell to Read More

Tencent Music debut strikes a chord with investors

3 days ago DieselGasoil Comments Off on Tencent Music debut strikes a chord with investors
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment (TME.N) rose more than 13 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a Read More

China's Tencent Music raises nearly $1.1 billion in U.S. IPO

3 days ago DieselGasoil Comments Off on China's Tencent Music raises nearly $1.1 billion in U.S. IPO
NEW YORK/HONG KONG (Reuters) – China-based music streaming company Tencent Music Entertainment Group TME.N said it raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range. The music arm of gaming and social network giant Tencent Holdings Ltd (0700.HK) priced its American Read More