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PRD Energy Provides Update on Liquidation & Dissolution Process

8 hours ago DieselGasoil Comments Off on PRD Energy Provides Update on Liquidation & Dissolution Process
CALGARY, Alberta, March 25, 2019 (GLOBE NEWSWIRE) — PRD Energy Inc. (“PRD” or the “Company“) is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently discharging all of its obligations and completing all other acts required to liquidate its business. PRD’s assets, as Read More

'Flashing amber': Global stocks tumble, bonds rally on U.S. recession risk

20 hours ago DieselGasoil Comments Off on 'Flashing amber': Global stocks tumble, bonds rally on U.S. recession risk
SYDNEY (Reuters) – Investors ditched shares on Monday and fled to the safety of bonds as risk assets fell out of favor on growing fears of a U.S. recession, sending global yields plunging. FILE PHOTO: A man is reflected on an electronic board showing a graph analyzing recent change of Nikkei stock index outside a Read More

Global stocks tumble as bond markets sound U.S. recession warning

23 hours ago DieselGasoil Comments Off on Global stocks tumble as bond markets sound U.S. recession warning
SYDNEY (Reuters) – Investors ditched shares on Monday and fled to the safety of bonds while the Japanese yen hovered near a six-week high as risk assets fell out of favor on growing fears about a U.S. recession, sending global yields plunging. FILE PHOTO: A man is reflected on an electronic board showing a graph Read More

Allergan promises independent board chair in next leadership change

3 days ago DieselGasoil Comments Off on Allergan promises independent board chair in next leadership change
A trader works at the post that trades Parsley Energy Inc. and Allergan Plc., on the floor of the New York Stock Exchange (NYSE) April 5, 2016. REUTERS/Brendan McDermid (Reuters) – Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker Read More

Tiffany holiday-quarter sales miss expectations on weak tourist spending

4 days ago DieselGasoil Comments Off on Tiffany holiday-quarter sales miss expectations on weak tourist spending
FILE PHOTO: A Tiffany & Co logo is seen outside the store on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri (Reuters) – Tiffany & Co narrowly missed Wall Street estimates for quarterly sales on Friday, two months after the luxury retailer signaled soft demand in the holiday season because Read More

Hyundai shareholders reject Elliott's $6.2 bln dividend request

4 days ago DieselGasoil Comments Off on Hyundai shareholders reject Elliott's $6.2 bln dividend request
Employees of Hyundai Motor Group attend the company’s new year ceremony in Seoul, South Korea, January 2, 2019. REUTERS/Kim Hong-Ji SEOUL (Reuters) – Investors in Hyundai Motor Group companies rejected on Friday Elliott Management’s demands for a massive special dividend, dealing a blow to the U.S. hedge fund’s campaign to shake up South Korea’s second-biggest Read More

McDermott awarded substantial offshore EPCI contract in the Middle East

4 days ago DieselGasoil Comments Off on McDermott awarded substantial offshore EPCI contract in the Middle East
3/21/2019 Emerald Sea vessel. Photo: McDermott. HOUSTON — McDermott International, Inc. has announced a substantial* contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services in the Arabian Gulf. The contract for new facilities includes the full suite of EPCI services for six new offshore jackets as well as three Read More

Sunworks Receives Nasdaq Listing Extension to September 16, 2019

5 days ago DieselGasoil Comments Off on Sunworks Receives Nasdaq Listing Extension to September 16, 2019
ROSEVILLE, Calif., March 21, 2019 (GLOBE NEWSWIRE) — Sunworks, Inc. (Nasdaq: SUNW), a provider of solar power solutions for agriculture, commercial and industrial (ACI), public works and residential markets, today announced that it has received a listing extension from the Nasdaq Hearings Panel.  The extension grants the Company until September 16, 2019 to regain compliance Read More

Energy Transition Outlook reveals crude oil demand through 2050

5 days ago DieselGasoil Comments Off on Energy Transition Outlook reveals crude oil demand through 2050
3/20/2019 Chart: Energy transition timeline. HOUSTON — The Energy Transition Outlook is a model-based forecast of the world’s energy system through to 2050 and, owing to DNV GL’s independent view and technical expertise, has become a widely cited voice on the energy future. Users can now take a deep-dive into the forecast by downloading the Read More