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Questerre announces successful private placement

9 hours ago DieselGasoil Comments Off on Questerre announces successful private placement
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, April 24, 2019 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) is pleased to announce that its private placement of up to 38.9 million Common Shares (the Read More

Kenneth Collins joins OspreyData as V.P. of production optimization and services

13 hours ago DieselGasoil Comments Off on Kenneth Collins joins OspreyData as V.P. of production optimization and services
4/23/2019 Photo: Kenneth Collins, V.P. of production optimization & services, OspryData. HOUSTON — OspreyData, leader in AI-based production optimization solutions for oil & gas, announced that Kenneth Collins has joined as V.P. of product optimization & services. Collins is a seasoned oil & gas executive who brings 25 years of experience in all areas of Read More

PG&E get approval to pay employees $350 million to meet safety goals after wildfires

14 hours ago DieselGasoil Comments Off on PG&E get approval to pay employees $350 million to meet safety goals after wildfires
SAN FRANCISCO (Reuters) – PG&E Corp can pay employees up to $350 million in bonuses this year to spur them to help meet the bankrupt California power provider’s safety goals to prevent wildfires, a judge said on Tuesday. FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, Read More

SAExploration Announces New $25 Million Ocean-Bottom Marine Project Award in Brazil

17 hours ago DieselGasoil Comments Off on SAExploration Announces New $25 Million Ocean-Bottom Marine Project Award in Brazil
HOUSTON, April 23, 2019 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW), or SAE, today announced a new deep-water ocean-bottom marine project award in Brazil for a major international oil company valued at approximately $25 million. Services to be provided will include data acquisition utilizing autonomous ROV-deployed nodal recording technology in water depths Read More

Superior Energy Services Announces First Quarter 2019 Results

17 hours ago DieselGasoil Comments Off on Superior Energy Services Announces First Quarter 2019 Results
HOUSTON, April 23, 2019 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the first quarter of 2019 of $47.7 million, or $0.31 per share, on revenue of $467.2 million.  This compares to a net loss from continuing operations of $750.2 million, or $4.85 per share, Read More

FAA paves way for Alphabet unit to make first U.S. drone deliveries

19 hours ago DieselGasoil Comments Off on FAA paves way for Alphabet unit to make first U.S. drone deliveries
FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay WASHINGTON (Reuters) – Alphabet Inc’s Wing Aviation unit on Tuesday got the okay to start delivering goods by drone in Virginia later this year, making the sister unit of search engine Google the Read More

Angola in recovery mode with oil-block auction, new refineries on the horizon

21 hours ago DieselGasoil Comments Off on Angola in recovery mode with oil-block auction, new refineries on the horizon
By Henrique Almeida on 4/23/2019 Photo: Luanda, Angola offshore field. LISBON (Bloomberg) — Africa’s second-biggest oil producer looks to benefit from a surge in crude prices that could boost companies’ appetite for investments with an auction of nine blocks this year and seeking new refineries. The tenders for the offshore areas are part of efforts Read More

Apache announces temporary deferral of Alpine High natural gas production

21 hours ago DieselGasoil Comments Off on Apache announces temporary deferral of Alpine High natural gas production
4/23/2019 HOUSTON — Apache Corporation has announced that it initiated natural gas production volume deferrals from its Alpine High play in late March, in response to extremely low prices at Waha Hub. Current deferrals represent approximately 250 MMcfd of gross gas production. “As far back as two years ago, Apache foresaw the potential for gas Read More