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World Bank ranks Ukraine as one of the poorest nations in Europe & beyond

1 day ago DieselGasoil Comments Off on World Bank ranks Ukraine as one of the poorest nations in Europe & beyond
Ukraine is rated as one of the poorest countries in Europe and Central Asia when it comes to GDP per capita, according to the country’s key creditor, the World Bank. The agency placed the nation on the same level as Moldova, Armenia and Georgia, saying that it would take Ukraine more than 50 years to Read More

Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits

1 day ago DieselGasoil Comments Off on Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits
LONDON (Reuters) – World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade talks while British Prime Minister Theresa May’s resignation briefly sent sterling fluctuating wildly. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, Read More

Exploration well completed on the Vinstra and Otta prospects in the North Sea

1 day ago DieselGasoil Comments Off on Exploration well completed on the Vinstra and Otta prospects in the North Sea
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 3/7-11 S, targeting the Vinstra and Otta prospects in PL539 in the North Sea. Both targets were dry. The main objective of the well was to test the reservoir properties and hydrocarbon potential of the Middle Jurassic Read More

Asia stocks flat as trade worries linger, Europe to open higher

2 days ago DieselGasoil Comments Off on Asia stocks flat as trade worries linger, Europe to open higher
TOKYO/HONG KONG (Reuters) – Asian stock markets were mixed on Friday, with sentiment torn between investors worried that the U.S.-China trade war was becoming more protracted, and others hopeful that the world’s two largest economies would reach a settlement soon. FILE PHOTO: A man is reflected in an electronic board showing the graph of the Read More

Fears of deeper U.S.-China trade war push Asian shares to four-month low

2 days ago DieselGasoil Comments Off on Fears of deeper U.S.-China trade war push Asian shares to four-month low
Tokyo (Reuters) – Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. FILE PHOTO: A man is reflected in an electronic board showing the graph of Read More

Crude oil futures rise after overnight dive, to remain volatile

2 days ago DieselGasoil Comments Off on Crude oil futures rise after overnight dive, to remain volatile
Singapore — Crude oil futures were higher during mid-morning trade in Asia Friday, after recovering from an overnight crash that sent both benchmark contracts to fresh lows. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Ongoing geopolitical and supply-side concerns are expected to keep pries volatile, analysts said Friday Read More

Cequence Energy Announces Proposed Debt Transaction Private Placement and Credit Facility Renewal Update

2 days ago DieselGasoil Comments Off on Cequence Energy Announces Proposed Debt Transaction Private Placement and Credit Facility Renewal Update
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce a proposed debt restructuring transaction, private placement and credit facility renewal update. Under the terms of a first amending agreement to the Company’s $60.0 million Term Loan entered into between the Company and the Read More

Asian shares at four-month low on deepening U.S.-China trade war

2 days ago DieselGasoil Comments Off on Asian shares at four-month low on deepening U.S.-China trade war
Tokyo (Reuters) – Asian shares hobbled near four-month lows on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. FILE PHOTO: A man is reflected in an electronic board showing the graph of the Read More

SHARC Energy and Borders College Powering on with Green Heat Milestone

2 days ago DieselGasoil Comments Off on SHARC Energy and Borders College Powering on with Green Heat Milestone
VANCOUVER, British Columbia, May 23, 2019 (GLOBE NEWSWIRE) — Sharc International Systems Inc.  (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC” or “the Company”) is pleased to announce that SHARC Energy and Borders College are celebrating the delivery of 2 gigawatt hours (“GWh”) of renewable heat delivery from their pioneering SHARC™ wastewater heat recovery plant installed Read More

Global shares slide on fear trade spat is now a tech cold war

2 days ago DieselGasoil Comments Off on Global shares slide on fear trade spat is now a tech cold war
NEW YORK (Reuters) – World shares skidded further on Thursday and oil prices slid more than 5% as investors worried the China-U.S. trade spat was turning into a technology cold war between the world’s two largest economies, boosting the dollar and sending benchmark government debt yields down. Worries over German manufacturing, trade-sensitive Asian economies, Brexit Read More