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Slack: Why is this loss-making tech firm worth $20bn?

31 mins ago DieselGasoil Comments Off on Slack: Why is this loss-making tech firm worth $20bn?
Another tech start-up made a blockbuster debut on the US stock market last week, with shares in Slack ending the week more than 40% higher. That values the Silicon Valley-based business at $20bn, not bad for a messaging app that was only publicly released in 2014 and has never turned a profit. So why were Read More

ExxonMobil puts Norwegian business up for sale

14 hours ago DieselGasoil Comments Off on ExxonMobil puts Norwegian business up for sale
London — ExxonMobil is looking at a possible sale of its remaining Norwegian upstream business, comprising minority stakes in 20 producing fields plus numerous license areas, it said Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now A sale would shake out a sizable share of Norwegian production even Read More

McDermott wins large EPCI contract for Saudi Aramco’s Marjan and Zuluf fields

16 hours ago DieselGasoil Comments Off on McDermott wins large EPCI contract for Saudi Aramco’s Marjan and Zuluf fields
6/24/2019 HOUSTON — McDermott International, Inc. has announced a large contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia. The contract includes the full suite of EPCI services for the relocation of Control Rooms in Zuluf GOSP-4, Marjan GOSP 2 and 3, Read More

VivoPower International PLC Announces US Solar Portfolio Sale Update and Major Contract Wins in Australian Solar and Data Centers Resulting in Record Forward Order Book

17 hours ago DieselGasoil Comments Off on VivoPower International PLC Announces US Solar Portfolio Sale Update and Major Contract Wins in Australian Solar and Data Centers Resulting in Record Forward Order Book
LONDON, June 24, 2019 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”), an international solar and power services company, is pleased to provide an update on the status of its US solar portfolio sale. Since the last update, the sale process has progressed further with new international parties now engaged. In Read More

Parkland Announces US$500 Million Offering of Senior Unsecured Notes

17 hours 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

Four states updated their renewable portfolio standards in the first half of 2019

17 hours ago DieselGasoil Comments Off on Four states updated their renewable portfolio standards in the first half of 2019
June 24, 2019 Source: U.S. Energy Information Administration, based on states’ renewable portfolio standards As of the end of 2018, 29 states and the District of Columbia had renewable portfolio standards (RPS), or polices that require electricity suppliers to source a certain portion of their electricity from designated renewable resources or eligible technologies. Four states—New Read More

Indian builders woo buyers with cleaner, greener, ‘smart’ homes

20 hours ago DieselGasoil Comments Off on Indian builders woo buyers with cleaner, greener, ‘smart’ homes
BENGALURU (Reuters) – When Arkesh Mishra, 33, and his wife Anasuya scouted for a new home in India’s tech hub of Bengaluru this year it was not the old real estate adage of “location, location, location” that was their main consideration – it was “peace of mind”. FILE PHOTO: High-rise residential buildings are seen in Read More

Wind park extension becomes Vestas’ first merchant project in Italy

21 hours ago DieselGasoil Comments Off on Wind park extension becomes Vestas’ first merchant project in Italy
News release fromVestas MediterraneanMadrid, 24 June 2019 Vestas has signed an 18 MW contract with VRG Wind 060 for the extension of the Mazara del Vallo wind park in Sicily, Italy. Utilising Vestas’ industry-leading technology and the operation data from the site’s existing wind turbines to boost energy production and mitigate production uncertainties, Vestas and Read More

A U.S.-Iran conflict could impact gas markets much more than oil

1 day ago DieselGasoil Comments Off on A U.S.-Iran conflict could impact gas markets much more than oil
By Stephen Stapczynski and Dan Murtaugh on 6/23/2019 SINGAPORE (Bloomberg) — A potential conflict between the U.S. and Iran could be far more disruptive for liquefied natural gas markets than to the world’s crude shipments. About a quarter of the world’s LNG goes through the Strait of Hormuz, the narrow sea conduit that borders Iran Read More