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ViacomCBS is just the beginning of Shari Redstone’s media deals

4 days ago DieselGasoil Comments Off on ViacomCBS is just the beginning of Shari Redstone’s media deals
NEW YORK (Reuters) – More than two months before CBS Corp (CBS.N) and Viacom Inc (VIAB.O) succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger. FILE PHOTO: The Viacom office is seen in Hollywood, Los Angeles, California, April 24, 2018. REUTERS/Lucy Nicholson/File Photo Read More

Shawcor Ltd. Announces Second Quarter 2019 Results

1 week ago DieselGasoil Comments Off on Shawcor Ltd. Announces Second Quarter 2019 Results
Second quarter 2019 revenue was $412 million, which reflects a full quarter impact from the acquisition of ZCL Composites Inc. (“ZCL”). This is an increase of 18% from the $350 million reported in the first quarter of 2019 and is 17% higher than the $353 million reported in the second quarter of 2018. Adjusted EBITDA1 Read More

Contango Announces Second Quarter 2019 Financial Results and Provides Operational Update

1 week ago DieselGasoil Comments Off on Contango Announces Second Quarter 2019 Financial Results and Provides Operational Update
HOUSTON, Aug. 08, 2019 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the second quarter ended June 30, 2019 and provided an operational update. Second Quarter Highlights Production of 2.9 Bcfe for the quarter, or 32.3 Mmcfe per day, approximate mid-point of Read More

Analysis: Oil majors maintain focus on breakevens as low prices weigh

2 weeks ago DieselGasoil Comments Off on Analysis: Oil majors maintain focus on breakevens as low prices weigh
Highlights Q2 earnings hit by prices, weak downstream M&A activity key in lowering breakevens Shell targets $30/b breakeven portfolio London — Squeezed by macroeconomic headwinds and weaker prices, global oil majors are dusting off their fighting talk in pursuit of lower-cost upstream projects. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Japan’s INPEX acquires stake in Anadarko deepwater GOM blocks

3 weeks ago DieselGasoil Comments Off on Japan’s INPEX acquires stake in Anadarko deepwater GOM blocks
7/26/2019 TOKYO – INPEX has reached an agreement with Anadarko to acquire a 40% participating interest in Keathley Canyon blocks 921 and 965, as well as Walker Ridge blocks 881 and 925 in the US Gulf of Mexico. The Blocks are located approximately 380 kilometers off the coast of the State of Louisiana and cover Read More

Apple pays $1 billion for Intel unit in push for chip independence

3 weeks ago DieselGasoil Comments Off on Apple pays $1 billion for Intel unit in push for chip independence
(Reuters) – Apple Inc (AAPL.O) took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s (INTC.O) modem business in a deal valued at $1 billion, the companies said on Thursday. Under the deal, about 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. Combined Read More

Man chases dog on London railway, adding to commuter heat misery

3 weeks ago DieselGasoil Comments Off on Man chases dog on London railway, adding to commuter heat misery
FILE PHOTO: Railway workers can be seen walking on the platform at Waterloo Station in London, Britain, December 13, 2018. REUTERS/Phil Noble LONDON (Reuters) – London commuters were fuming after a man lost control of his dog at a railway station and chased it down one of the capital’s busiest stretches of track, adding to Read More

Khan’s WH visit: Trump needs Pakistan to help end war in Afghanistan, but what can Washington offer?

3 weeks ago DieselGasoil Comments Off on Khan’s WH visit: Trump needs Pakistan to help end war in Afghanistan, but what can Washington offer?
Imran Khan’s trip to Washington showed that Donald Trump is willing to say or do anything to end the war in Afghanistan, analysts told RT, describing the reset in US-Pakistan relations as transitory and transactional in nature. Pakistan’s prime minister has wrapped up a three-day visit to the United States, breathing fresh life into his Read More

China to build ‘world-class’ military in new strategy as US ‘stirs up rivalry’ between major powers

3 weeks ago DieselGasoil Comments Off on China to build ‘world-class’ military in new strategy as US ‘stirs up rivalry’ between major powers
The US erodes global security and seeks “absolute superiority,” but Beijing won’t follow the “beaten track” of big powers in seeking hegemony, focusing instead on having a “world-class” army, says a new Chinese military document. China has markedly sharpened its tone towards the US in a white paper on national defense rolled out on Wednesday. Read More

China to build ‘world-class’ military in new strategy as US ‘stirs up rivalry’ between major powers

3 weeks ago DieselGasoil Comments Off on China to build ‘world-class’ military in new strategy as US ‘stirs up rivalry’ between major powers
The US erodes global security and seeks “absolute superiority,” but Beijing won’t follow the “beaten track” of big powers in seeking hegemony, focusing instead on having a “world-class” army, says a new Chinese military document. China has markedly sharpened its tone towards the US in a white paper on national defense rolled out on Wednesday. Read More