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Flights resume at Dublin Airport after drone sighting

5 hours ago DieselGasoil Comments Off on Flights resume at Dublin Airport after drone sighting
By Emily Mee, news reporter Dublin Airport was forced to temporarily suspend flights after a drone was spotted over the airfield. A pilot reported a drone sighting to air traffic controllers at about 11.30am, causing flights to be suspended for half an hour. Flights resumed shortly after noon, as there had been no further sightings. Read More

Chinese tech a threat? Europe weary of Washington's 'nonsense' allegations against Huawei

1 day ago DieselGasoil Comments Off on Chinese tech a threat? Europe weary of Washington's 'nonsense' allegations against Huawei
Washington is riding another wave of scaremongering by warning the world about the alleged dangers posed by Chinese tech giant Huawei. However, without solid proof, the message seems more like a cover for self-interests. Senior US officials have been urging the world to be “vigilant” over Chinese tech corporations and their communication grids, threatening to curb Read More

India an investment priority for Saudi Aramco: CEO

2 days ago DieselGasoil Comments Off on India an investment priority for Saudi Aramco: CEO
FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo NEW DELHI (Reuters) – Saudi Aramco said on Wednesday that investing in India is a priority for the company, and it expects the country’s Read More

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2018 Financial and Operating Results

2 days ago DieselGasoil Comments Off on Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2018 Financial and Operating Results
MIDLAND, Texas, Feb. 19, 2019 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2018. 2018 HIGHLIGHTS Full year 2018 net income of $846 million, or $8.06 per diluted share; adjusted net income (as defined and reconciled Read More

BW Offshore: Fourth quarter and full year results 2018

3 days ago DieselGasoil Comments Off on BW Offshore: Fourth quarter and full year results 2018
EBITDA for the quarter was USD 148.9 million and EBITDA for the full year was USD 489.2 million Q4 net production from Tortue was close to 1 million bbls First lifting from Tortue completed December 2018 – 550 thousand bbls gross NSAI confirmed remaining Tortue P2 gross reserves – 35.1 million bbls of oil Extensions Read More

Gas guru who corrected CIA says U.S., Russia pick wrong fight

3 days ago DieselGasoil Comments Off on Gas guru who corrected CIA says U.S., Russia pick wrong fight
By Jonathan Tirone on 2/18/2019 Nebojsa Nakicenovic. Photo: IIAC. VIENNA (Bloomberg) — The scientist who built the most prominent Cold War energy advisory said the U.S. and Russia should set aside their fight over natural gas markets and focus on slashing fossil fuel pollution more quickly. Nebojsa Nakicenovic helped set the stage for the global gas Read More

Trump: Britain should take back Islamic State fighters

5 days ago DieselGasoil Comments Off on Trump: Britain should take back Islamic State fighters
By David Mercer, news reporter Donald Trump has called on Britain and other European allies to take back more than 800 Islamic State fighters captured in Syria and put them on trial. The US president said “the alternative is not a good one in that we will be forced to release them”, with the terror Read More

Wall Street Week Ahead: Profit estimates may be adding in too much cost risk

6 days ago DieselGasoil Comments Off on Wall Street Week Ahead: Profit estimates may be adding in too much cost risk
NEW YORK (Reuters) – As Wall Street braces for the first quarterly decline in earnings in nearly three years, some investors are wondering if the market is factoring in a bigger erosion in profit margins than will actually come to pass. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) Read More

Mexico will do whatever it takes to prevent Pemex downgrade

6 days ago DieselGasoil Comments Off on Mexico will do whatever it takes to prevent Pemex downgrade
MEXICO CITY (Reuters) – Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said on Friday, promising to do “whatever is takes” to strengthen its finances and prevent a further credit downgrade. FILE PHOTO: A gas station of state oil firm Petroleos Mexicanos (Pemex), which Read More

Maersk Supply Service completes fleet renewal program

6 days ago DieselGasoil Comments Off on Maersk Supply Service completes fleet renewal program
2/15/2019 Photo: Maersk Maker from Maersk Supply Service. COPENHAGEN — Maersk Maker, the final vessel of Maersk Supply Service’s Starfish AHTS newbuilding series, was delivered yesterday from Kleven Yard. The vessel’s arrival completes Maersk Supply Service’s Fleet Renewal Program, with ten new-build vessels delivered and 23 vessels divested over the last three years. The average Read More