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World Fuel to Supply Gevo’s Sustainable Jet Fuel for First of its Kind European Demonstration Event

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ENGLEWOOD, Colo., May 17, 2019 (GLOBE NEWSWIRE) — Gevo, Inc.(NASDAQ: GEVO) announced today that it is supplying its sustainable and renewable alcohol-to-jet fuel (ATJ) to World Fuel Services Corporation, for use in business jets at the first ever European Fueling the Future: SAJF demonstration held at TAG Farnborough Airport. Although World Fuel has delivered nearly 17k tons of sustainable Read More

Huawei’s $105 billion business at stake after U.S. broadside

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HONG KONG/BEIJING (Reuters) – The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world’s top supplier of telecoms network equipment. The Trump administration has said it would add Huawei Technologies and 70 Read More

Camber Energy’s Lineal Star Holdings has entered into an LOI to purchase an engineering and procurement firm

3 days ago DieselGasoil Comments Off on Camber Energy’s Lineal Star Holdings has entered into an LOI to purchase an engineering and procurement firm
5/15/2019 HOUSTON — Camber Energy, Inc., based in Houston, Texas, has announced that Lineal Star Holdings, the acquisition target which Camber is seeking to acquire (individually, or through its subsidiaries) pursuant to its previously disclosed non-binding letter of intent, has signed a non-binding letter of intent to purchase a Houston based engineering and procurement firm. Read More

Shawcor Ltd. Announces First Quarter 2019 Results

4 days ago DieselGasoil Comments Off on Shawcor Ltd. Announces First Quarter 2019 Results
First quarter 2019 revenue was $350 million, a decrease of 1% from the $354 million reported in the fourth quarter of 2018 and in line with the $351 million reported in the first quarter of 2018. Adjusted EBITDA1 in the first quarter of 2019 was $28 million, which reflects a positive impact from the adoption Read More

Equinor has awarded NOK 2.5 billion in North Sea contracts

4 days ago DieselGasoil Comments Off on Equinor has awarded NOK 2.5 billion in North Sea contracts
5/14/2019 From the left: Chris Jones, Europe OFS leader, Peggy Krantz-Underland, senior V.P. supplier chain (/Anskaffelser), Jan Erik Klungtveit, business development manager, Geir Tungesvik, senior V.P. drilling & well and Geir Egil Olsen, director Weatherford. (Photo: Kjetil Eide / Equinor ASA). STAVANGER — Equinor has awarded drilling service contracts at a total value of about Read More

McDermott announces first liquid from Cameron LNG Train 1

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5/14/2019 HOUSTON — McDermott International, Inc. has announced that Train 1 of the Cameron LNG project in Hackberry, La., has begun producing liquefied natural gas (LNG). While production is in the initial phases, this significant project milestone is a precursor to first cargo, which is expected later this quarter. “When a facility starts producing a Read More

McDermott awarded EPCI contract by Petrobras for Sepia Field Project

4 days ago DieselGasoil Comments Off on McDermott awarded EPCI contract by Petrobras for Sepia Field Project
5/14/2019 HOUSTON — McDermott International, Inc. has announced the award of a significant* contract by Petrobras for engineering, procurement, construction and installation of subsea risers and flowlines for the first phase of the Sepia field, located 174 mi (280 km) from the Rio de Janeiro coastline in Brazil. The project scope includes detailed engineering, surveys, Read More

Infrastructure and Energy Alternatives, Inc. Announces $50 Million Equity Commitment

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INDIANAPOLIS, May 14, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that it has entered into a $50 million equity commitment agreement with a fund managed by the Private Equity Group of Ares Management Read More

CORRECTION: Kværner ASA: Acquistion of own shares

4 days ago DieselGasoil Comments Off on CORRECTION: Kværner ASA: Acquistion of own shares
This is a correction of the announcement from 08:23 14.05.2019 CEST. Reason for the correction: Correction in Kvaerner’s total number own shares14 May 2019 – Kværner ASA has yesterday in connection with the company’s incentive programme for employees purchased 168 746 own shares in the open market at an average price of NOK 13.66 per Read More