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Halcón Resources Announces Leadership Changes

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Floyd Wilson Steps Down from Management Team and Board James Christmas Appointed as Non-Executive Chairman of the Board of Directors $10 Million Estimated Reduction in Annual Overhead Costs as Part of Renewed Focus on Maximizing Shareholder Value Through Operational Improvement Denver, CO, Feb. 21, 2019 (GLOBE NEWSWIRE) — Halcón Resources Corporation (NYSE: HK) (“Halcón” or Read More

Equiinor: Natural gas contributes to the low carbon future

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2/21/2019 Photo: Irene Rummelhoff, Equinor’s executive V.P. for marketing, midstream and processing. STAVANGER — Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29% from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around Read More

Philadelphia sues seven big banks, alleges municipal bond collusion

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NEW YORK (Reuters) – The city of Philadelphia has filed an antitrust lawsuit accusing seven major banks of conspiring to inflate interest rates for a type of bond used by cities, towns and other public entities, costing them potentially billions of dollars. FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking Read More

Fed flags end to balance sheet runoff, patience on rates

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(Reuters) – The Federal Reserve on Wednesday signaled they will soon lay out a plan to stop letting go of $4 trillion in bonds and other assets, but policymakers are still debating how long their newly adopted “patient” stance on U.S. rates policy will last. For now, policymakers see little risk to leaving interest rates Read More

Exclusive: Brazil's Odebrecht to propose bondholder losses of over 70 percent – sources

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The corporate logo of the Odebrecht SA construction conglomerate is pictured at its headquarters in Sao Paulo, Brazil August 3, 2018. REUTERS/Paulo Whitaker/File Photo SAO PAULO (Reuters) – Brazilian conglomerate Odebrecht SA next week will ask its bondholders to accept losses of more than 70 percent from their bonds’ face value as part of a Read More

January FOMC minutes: Little risk in pause

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(Reuters) – Federal Reserve policymakers thought pausing on U.S. interest rate hikes last month posed little risk and plenty of benefit, minutes from their Jan. 29-30 meeting showed, giving them time to assess the effects of a global slowdown and the Fed’s rate hikes to date on U.S. economic momentum. The Federal Reserve building is Read More

Search for missing Briton in Australia scaled back

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Police in Australia are scaling back the search for a British tourist and his friend who went missing from a popular beach north of Sydney. Officers said they were reducing the air and sea search for 20-year-old Hugo Palmer and Frenchman Erwan Ferrieux, also 20, more than two days after their belongings were found by Read More

Rockwell and Schlumberger enter JV to create Sensia cloud, edge-enabled process automation solution

2 days ago DieselGasoil Comments Off on Rockwell and Schlumberger enter JV to create Sensia cloud, edge-enabled process automation solution
2/19/2019 MILWAUKEE and HOUSTON — Rockwell Automation, dedicated to industrial automation and information, and Schlumberger, provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, have announced that they have entered into an agreement to create a new joint venture, Sensia, the first fully integrated digital oilfield automation solutions Read More