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Gigantic ‘potentially hazardous asteroid’ due to speed past Earth this week

14 hours ago DieselGasoil Comments Off on Gigantic ‘potentially hazardous asteroid’ due to speed past Earth this week
Published time: 26 Jun, 2019 12:48 Edited time: 26 Jun, 2019 12:52 A huge asteroid three times as long as a football field is set to speed by Earth on Thursday. The “potentially hazardous asteroid” is projected to whizz by our planet at over 25,400 mph (40,800 kph). Asteroid ‘2008 KV2’ is estimated to measure Read More

CrossAmerica Partners and Applegreen Announce Definitive Agreement

16 hours ago DieselGasoil Comments Off on CrossAmerica Partners and Applegreen Announce Definitive Agreement
Allentown, PA, June 26, 2019 (GLOBE NEWSWIRE) —         CrossAmerica Partners and Applegreen Announce Definitive Agreement Applegreen will operate 46 sites in the Upper Midwest Entered into master fuel supply and lease agreements Deal expected to close in the third quarter of 2019 ALLENTOWN, PA (June 26, 2019) – CrossAmerica Partners LP (NYSE: CAPL) announced Read More

Interview: Indian Oil Corp eyes Saudi, US crude to replace bulk of Iranian volumes

17 hours ago DieselGasoil Comments Off on Interview: Indian Oil Corp eyes Saudi, US crude to replace bulk of Iranian volumes
Kuala Lumpur — State-run Indian Oil Corp., or IOC, will be aiming to replace up to 70% of the Iranian crude volumes with incremental inflows from Saudi Arabia and the United States, as the country’s biggest buyer of Iranian crude steps up effort to find alternative supplies, its chairman Sanjiv Singh told S&P Global Platts Read More

Kinder Morgan wins Texas court challenge, removing obstacle to $2 billion gas pipeline

1 day ago DieselGasoil Comments Off on Kinder Morgan wins Texas court challenge, removing obstacle to $2 billion gas pipeline
DENVER/HOUSTON (Reuters) – Kinder Morgan Inc can begin work on a $2 billion natural gas pipeline without having the Texas energy regulator approve its proposed route, a state judge ruled on Tuesday. FILE PHOTO: Helmets line a shelf in a control room at Kinder Morgan’s Westridge Terminal on Burrard Inlet in Burnaby, British Columbia, Canada Read More

Parkland Announces Pricing of Senior Unsecured Notes

1 day ago DieselGasoil Comments Off on Parkland Announces Pricing of Senior Unsecured Notes
CALGARY, Alberta, June 25, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX:PKI), announced today the pricing of its previously announced private offering (the “offering”) of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the “notes”). The notes will bear interest at a rate of 5.875% per Read More

US to lead oil output growth through 2030: ConocoPhillips chief economist

1 day ago DieselGasoil Comments Off on US to lead oil output growth through 2030: ConocoPhillips chief economist
Highlights Global oil demand expected to rise modestly to 2030 Refining capacity will adapt to lighter US crudes US crude export constraints seen as temporary Washington — The US will lead global oil production growth for the next decade, and tight oil can continue to grow beyond the 2030s even moderate prices, ConocoPhillips chief economist Read More

Hackers hit global telcos in espionage campaign: cyber research firm

1 day ago DieselGasoil Comments Off on Hackers hit global telcos in espionage campaign: cyber research firm
TEL AVIV (Reuters) – Hackers have broken into the systems of more than a dozen global telecoms companies and taken large amounts of personal and corporate data, researchers from a cyber security company said on Tuesday, identifying links to previous Chinese cyber-espionage campaigns. FILE PHOTO: A man holds a laptop computer as cyber code is Read More

Parkland Announces US$500 Million Offering of Senior Unsecured Notes

3 days ago DieselGasoil Comments Off on Parkland Announces US$500 Million Offering of Senior Unsecured Notes
CALGARY, Alberta, June 24, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX:PKI), announced today that, subject to market conditions, it plans to commence a private offering of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the “Offering”). Subject to such market conditions, Parkland intends to use Read More

Water shortage could cut India’s food exports, minister warns

3 days ago DieselGasoil Comments Off on Water shortage could cut India’s food exports, minister warns
NEW DELHI (Reuters) – A water shortage could cut food exports from India, which has emerged as a leading supplier of a number of food products to the world, the water resources minister warned on Monday. FILE PHOTO: A man walks through the dried-up Puzhal reservoir, on the outskirts in Chennai, India, June 20, 2019. Read More

Archrock Announces Agreement to Acquire Elite Compression

3 days ago DieselGasoil Comments Off on Archrock Announces Agreement to Acquire Elite Compression
Acquiring approximately 430,000 of compression horsepower from Elite Compression Services for approximately $410 million in cash and Archrock common stock Reinforces focus on large horsepower compression serving midstream infrastructure with blue-chip customers Accretive to earnings and free cash flow per share and supports our path to achieving sub-4.0x leverage in 2020 Enhances basin density across Read More