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Trump says he is having dinner Friday with Apple CEO Cook

9 hours ago DieselGasoil Comments Off on Trump says he is having dinner Friday with Apple CEO Cook
BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim Cook of Apple Inc, a company the president has criticized for not manufacturing more of its products in the United States. FILE PHOTO: Apple CEO Tim Cook laughs with U.S. President Donald Trump as the Read More

Futures climb on stimulus hopes, Nvidia results

21 hours ago DieselGasoil Comments Off on Futures climb on stimulus hopes, Nvidia results
(Reuters) – U.S. stock index futures rose 1% on Friday, as hopes of more stimulus from central banks helped lift some gloom in what has been a turbulent week for markets. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 14, 2019. REUTERS/Eduardo Munoz The Read More

Trump says China talks ‘productive’; Beijing vows tariff retaliation

1 day ago DieselGasoil Comments Off on Trump says China talks ‘productive’; Beijing vows tariff retaliation
MORRISTOWN, N.J. (Reuters) – U.S. President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over $125 billion worth of Chinese imports taking effect Sept 1. Containers are seen at Yantian port in Shenzhen, Guangdong province, China July Read More

Ackman eyes more gains for his fund with help of Berkshire, others

1 day ago DieselGasoil Comments Off on Ackman eyes more gains for his fund with help of Berkshire, others
BOSTON (Reuters) – Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering “high, long-term” returns, and he expects that a newly disclosed stake in Berkshire Hathaway Inc (BRKa.N) will help boost gains. FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, Read More

US oil, gas rig count falls 15 on week to level not seen since May 2017

1 day ago DieselGasoil Comments Off on US oil, gas rig count falls 15 on week to level not seen since May 2017
Houston — The US oil and natural gas rig count fell this week to a low not seen since May 2017 as activity dropped or stalled in all the country’s major basins, information published by RigData showed Thursday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now As of Wednesday, Read More

Trump says trade war with China will be fairly short

1 day ago DieselGasoil Comments Off on Trump says trade war with China will be fairly short
U.S. President Donald Trump speaks to reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, New Jersey U.S. August 15, 2019. REUTERS/Jonathan Ernst MORRISTOWN, N.J. (Reuters) – U.S. President Donald Trump said on Thursday he believes China wants to make a trade deal and the trade war with Beijing will be fairly Read More

W&T believes still sizable upside left in US Gulf of Mexico Mahogany Field

3 days ago DieselGasoil Comments Off on W&T believes still sizable upside left in US Gulf of Mexico Mahogany Field
Denver — Sees 100 million barrels of additional reserves Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Field production is currently 15,500 boe/d Will close soon on ExxonMobil’s Mobile Bay assets Pure-play US Gulf of Mexico operator W&T Offshore believes it has a lot more proved reserves at its Read More

Aramco remains world’s most profitable company even as oil falls

4 days ago DieselGasoil Comments Off on Aramco remains world’s most profitable company even as oil falls
By Matthew Martin on 8/13/2019 DUBAI (Bloomberg) – Saudi Aramco showed Monday it’s still the world’s most profitable company — and paid out almost all its net income in dividends — despite the dwindling price of oil. Profit slid 12% to $46.9 billion in the first six months of 2019, the state-owned energy giant said Read More

Sanchez Energy declares bankruptcy, secures new financing commitments

5 days ago DieselGasoil Comments Off on Sanchez Energy declares bankruptcy, secures new financing commitments
8/12/2019 HOUSTON – Sanchez Energy Corporation today announced that the company and certain of its subsidiaries have voluntarily filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. The decision to make this voluntary filing follows an extensive review of strategic alternatives to Read More

Sanchez Energy Takes Action to Strengthen Balance Sheet and Support Long-Term Strategy

5 days ago DieselGasoil Comments Off on Sanchez Energy Takes Action to Strengthen Balance Sheet and Support Long-Term Strategy
Voluntarily Files for Reorganization under Chapter 11 Maintains Substantial Liquidity to Continue Safe Operations in the Normal Course Receives Commitments for $175 Million in New Financing HOUSTON, Aug. 11, 2019 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (“Sanchez Energy” or the “Company”) (OTC Pink: SNEC) today announced that the Company and certain of its subsidiaries have Read More