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Oceaneering takes delivery of the Ocean Evolution

2 days ago DieselGasoil Comments Off on Oceaneering takes delivery of the Ocean Evolution
4/22/2019 Ocean Evolution. Photo: Oceaneering. HOUSTON — Oceaneering International, Inc. is pleased to announce that the company has taken delivery of the advanced subsea construction support vessel, Ocean Evolution.   The vessel has completed sea trials and received all necessary ABS and U.S. Coast Guard certifications and is currently in Port Fourchon, La., completing final Read More

China’s newest oil hotspot is in America’s backyard

6 days ago DieselGasoil Comments Off on China’s newest oil hotspot is in America’s backyard
China is ramping up its oil drilling initiative in Cuban waters, using cutting-edge technology to reach deposits that Cubans couldn’t touch. Chinese state-run news agency Xinhua said on Tuesday that an affiliate of Chinese oil major CNPC, Great Wall Drilling, was drilling for oil off Cuba’s coast as part of a joint venture with state-owned oil firm Read More

Stocks march on as European volatility vanishes

1 week ago DieselGasoil Comments Off on Stocks march on as European volatility vanishes
LONDON (Reuters) – Stock markets inched higher on Tuesday as reassuring data about the Health of China’s economy helped investors shrug off disappointing bank earnings in the United States, while volatility in European markets took another leg lower. FILE PHOTO: Traders are pictured at their desks in front of the DAX board at the stock Read More

Goldman offers fresh details on overhaul progress as revenue slides

1 week ago DieselGasoil Comments Off on Goldman offers fresh details on overhaul progress as revenue slides
(Reuters) – Goldman Sachs Group Inc offered new tidbits about its sweeping operational overhaul when reporting first-quarter results on Monday, but investors focused on revenue declines across nearly all its main businesses, sending shares lower. FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the Read More

Parex Q1 2019 Production 51,200 boe/d – 27th Quarterly Increase

1 week ago DieselGasoil Comments Off on Parex Q1 2019 Production 51,200 boe/d – 27th Quarterly Increase
CALGARY, Alberta, April 15, 2019 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update, highlighted by surpassing the production milestone of 50,000 barrels of oil equivalent per day (“boe/d”). Production: Parex’ Q1 2019 average production Read More

U.S., China agree to establish trade deal enforcement offices: Mnuchin

2 weeks ago DieselGasoil Comments Off on U.S., China agree to establish trade deal enforcement offices: Mnuchin
WASHINGTON (Reuters) – The United States and China have largely agreed on a mechanism to police any trade agreement the reach, including establishing new “enforcement offices,” U.S. Treasury Secretary Steven Mnuchin said on Wednesday. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies before a House Financial Services Committee hearing on the “State of the International Read More

Energean has completed extended reach well in Greece

2 weeks ago DieselGasoil Comments Off on Energean has completed extended reach well in Greece
4/8/2019 GSP Jupiter rig towed to Epsilon Oil Field. Photo: Energean Oil and Gas. LONDON — Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce successful completion of drilling operations of the extended reach well, EA-H3. The well was brought into production on April 1, 2019 Read More

Maha Energy AB (publ) (“Maha” or the “Company”) Provides Operational Update and Announces Total Depth Reached on Attic Well (7-TIE-1D-BA) and Logging Results

2 weeks ago DieselGasoil Comments Off on Maha Energy AB (publ) (“Maha” or the “Company”) Provides Operational Update and Announces Total Depth Reached on Attic Well (7-TIE-1D-BA) and Logging Results
­­­Maha Energy AB (publ)Strandvagan 5ASE-114 51 Stockholmwww.mahaenergy.ca Press releaseStockholmApril 8, 2019 Maha Energy AB (publ) (“Maha” or the “Company”) Provides Operational Update and Announces Total Depth Reached on Attic Well (7-TIE-1D-BA) and Logging Results. The Company is pleased to provide the following Operational Update from its operations in Brazil. Attic Well (Tie Field) The Attic Read More

‘Let’s not make weapons’: Trump unironically laments Chinese, Russian & US military spending

3 weeks ago DieselGasoil Comments Off on ‘Let’s not make weapons’: Trump unironically laments Chinese, Russian & US military spending
Having drastically increased the Pentagon budget and demanded more spending by NATO, US President Donald Trump is now seriously (?) complaining all that money could be better spent elsewhere. Trump lamented the US, Chinese and Russian military spending at a meeting with Chinese Vice Premier Liu He at the White House on Thursday, part of Read More

Tally Energy Services acquires ReStream Solutions

3 weeks ago DieselGasoil Comments Off on Tally Energy Services acquires ReStream Solutions
4/4/2019 HOUSTON — Tally Energy Services, a private equity-backed oilfield services company with a buy-and-build strategy specializing in shale development, has acquired Austin-based ReStream Solutions. ReStream’s latest commercialized technology, FracStream, is a hardware-software service that seamlessly integrates into existing hydraulic fracturing operations to provide real-time, unmanned, frac fluid characterization. ReStream’s technology monitors, analyzes, and reports Read More