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Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP

3 hours ago DieselGasoil Comments Off on Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP
A study by the US Chamber of Commerce shows how the deterioration in the trade dispute between the world’s two largest economies, China and the United States, will drastically affect the American economy. “Escalation of bilateral tariffs results in lower GDP, lower employment, lower investment, and lower trade flows for the United States,” said the Read More

The City of Mississauga Bypasses the Grid with Clear Blue Technologies’ Smart Off-Grid Lighting

5 hours ago DieselGasoil Comments Off on The City of Mississauga Bypasses the Grid with Clear Blue Technologies’ Smart Off-Grid Lighting
TORONTO, March 20, 2019 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” or “the Company”) (TSXV: CBLU), the Smart Off-Grid™ company, today announced the installation of its Smart Off-Grid Illumient lighting systems in the City of Mississauga, Ontario. The project in Duncairn Downs Park, located in the Erin Mills Community, was completed late Read More

Longest stocks rally of the year stumbles ahead of Fed

5 hours ago DieselGasoil Comments Off on Longest stocks rally of the year stumbles ahead of Fed
LONDON (Reuters) – World shares’ longest rally of the year looked set to stumble on Wednesday as investors took profits before a U.S. Federal Reserve’s policy decision, which is expected to offer clues to interest rate prospects for the coming year. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Ormat Signs a 25-Year PPA With SCPPA for Its Casa Diablo-IV Geothermal Power Plant in California

6 hours ago DieselGasoil Comments Off on Ormat Signs a 25-Year PPA With SCPPA for Its Casa Diablo-IV Geothermal Power Plant in California
RENO, Nev., March 20, 2019 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) today announced the signing of a Power Purchase Agreement (PPA) between a subsidiary of the Company and Southern California Public Power Authority (SCPPA). Under the PPA, SCPPA will purchase 16MW of power generated by the expected 30MW Casa Diablo-IV (CD4) geothermal project Read More

Pipestone Energy Corp. Announces Progress on Its Development Program and a Significant Increase in the Value of Its Reserves and Resources

7 hours ago DieselGasoil Comments Off on Pipestone Energy Corp. Announces Progress on Its Development Program and a Significant Increase in the Value of Its Reserves and Resources
CALGARY, Alberta, March 20, 2019 (GLOBE NEWSWIRE) — (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to provide an operational update as well as updated reserves and resources information effective as of January 4, 2019, which was the closing date of the amalgamation (the “Amalgamation”) of Pipestone Oil Corp. (“Pipestone Read More

World shares face end to winning streak as Fed looms

8 hours ago DieselGasoil Comments Off on World shares face end to winning streak as Fed looms
LONDON (Reuters) – World shares faced an end to their longest winning streak of the year as investors took profits on Wednesday before the U.S. Federal Reserve’s policy decision, seen as offering clues to interest rate prospects over the coming year. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Qatar to launch Islamic banking giant focused on energy

10 hours ago DieselGasoil Comments Off on Qatar to launch Islamic banking giant focused on energy
The world’s biggest Islamic bank, which is set to specialize in the energy sector, will appear in Qatar in the fourth quarter of the current year, according to executives launching the project. With targeted capital of around $10 billion, the new lender will be focused on financing both domestic and global energy-related projects, Mohammed al-Marri, Read More

Standard Lithium Engages WorleyParsons’ Advisian for Preliminary Economic Assessment of Its Southern Arkansas Project

11 hours ago DieselGasoil Comments Off on Standard Lithium Engages WorleyParsons’ Advisian for Preliminary Economic Assessment of Its Southern Arkansas Project
VANCOUVER, British Columbia, March 20, 2019 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTCQX: STLHF) (FRA: S5L), is pleased to announce that it has engaged Advisian, the consulting arm of WorleyParsons Canada Services Ltd (WorleyParsons) to complete a Preliminary Economic Assessment (PEA) of its flagship 150,000 acre project in Read More

Fed's balance sheet plan, economic outlook under microscope

12 hours ago DieselGasoil Comments Off on Fed's balance sheet plan, economic outlook under microscope
WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday is expected to hold interest rates steady, shave the number of hikes projected for the rest of the year, and release long-awaited details of a plan to end the monthly reduction of its massive balance sheet. Federal Reserve Board building on Constitution Avenue is pictured in Read More

Denbury and Penn Virginia Announce Deadline for Election of Form of Merger Consideration

1 day ago DieselGasoil Comments Off on Denbury and Penn Virginia Announce Deadline for Election of Form of Merger Consideration
PLANO and HOUSTON, Texas, March 19, 2019 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE: DNR) (“Denbury”) and Penn Virginia Corporation (NASDAQ: PVAC) (“Penn Virginia”) jointly announced today that, in connection with Denbury’s pending acquisition of Penn Virginia, April 16, 2019 at 5:00 p.m. Eastern Time is the election deadline for record holders of shares of Read More