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Tech stocks, upbeat earnings boost Wall Street; Fed in focus

2 hours ago DieselGasoil Comments Off on Tech stocks, upbeat earnings boost Wall Street; Fed in focus
(Reuters) – Wall Street rose on Tuesday, helped by technology stocks, upbeat earnings reports and a rebound in few bellwether stocks, while investors awaited clues on the Federal Reserve’s path for future rate hikes. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid Read More

Sunworks Expands Addressable Market with New Projects in Massachusetts and New Jersey

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ROSEVILLE, Calif., Dec. 18, 2018 (GLOBE NEWSWIRE) — Sunworks, Inc. (Nasdaq: SUNW), a premier provider of high-performance solar power solutions for agriculture, commercial, industrial (ACI), public works and residential markets, today announced it has been awarded an engineering, procurement and construction contract to develop a 600kW roof mount and parking canopy project for a food Read More

China inks deals with Shell, majors as Xi signals open trade

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By Bloomberg News on 12/18/2018 HONG KONG and BEIJING (Bloomberg) — China signaled its openness for business with a raft of deals that’ll give oil majors including Royal Dutch Shell new opportunities to develop fields in partnership with the nation’s biggest offshore explorer.  China National Offshore Oil said in Beijing on Tuesday that it had Read More

BW Offshore: Extension agreement for Abo FPSO

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BW Offshore has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until 30 June 2019. For further information, please contact: Knut R. Sæthre, CFO, +47 911 17 876 IR@bwoffshore.com or www.bwoffshore.com About BW Offshore:BW Offshore is a leading provider of floating production services to the oil Read More

‘No existing countermeasures’ to Russian hypersonic weapons, US govt. report admits

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The US is currently unable to repel an attack from the hypersonic weapons that are being developed by Russia and China, as they can pierce most missile defense systems, a recent US government report has revealed. “China and Russia are pursuing hypersonic weapons because their speed, altitude, and maneuverability may defeat most missile defense systems, Read More

Capstone and Sawridge First Nation Awarded Contracts by the AESO in the Renewable Electricity Program in Alberta

17 hours ago DieselGasoil Comments Off on Capstone and Sawridge First Nation Awarded Contracts by the AESO in the Renewable Electricity Program in Alberta
TORONTO, Dec. 17, 2018 (GLOBE NEWSWIRE) — Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) and its partner Sawridge First Nation (“Sawridge”) are pleased to announce that their 48 megawatt Buffalo Atlee Wind Farm project located near Jenner, Alberta was selected by the Alberta Electricity System Operator (AESO) in a competitive bidding process for Read More

Petrofac secures contract with Petroleum Development Oman

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12/17/2018 Photo: Petrofac employees. ST. HELIER, Jersey — Petrofac has been awarded a contract worth around $115 million for the development of the Qarn Alam Co-Generation Project, located 350 km southwest of Muscat, Oman. This is the latest in a series of awards for Petrofac in Oman and the second to be secured under a Read More

Global stocks dip as 'Santa Claus rally' elusive, oil rises

22 hours ago DieselGasoil Comments Off on Global stocks dip as 'Santa Claus rally' elusive, oil rises
NEW YORK (Reuters) – Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent global stocks near 17-month lows. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 11, 2018. REUTERS/Brendan McDermid The MSCI Read More

Equinor's Aasta Hansteen Nowegian Sea goes online

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12/17/2018 The Aasta Hansteen platform in the Norwegian Sea. Photo: Roar Lindefjeld and Bo B. Randulff. STAVANGER — Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea. Gas from the Aasta Hansteen field is available to the market for the first time and together with the Polarled pipeline Read More

Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update

1 day ago DieselGasoil Comments Off on Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce that its senior lender has completed a redetermination of the borrowing base under the Company’s senior secured credit facility (the “Credit Facility”), and has confirmed the borrowing base remains at $7 million. Other than Read More