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Wall St. edges higher after Trump sparks U.S.-China trade hopes

2 days ago DieselGasoil Comments Off on Wall St. edges higher after Trump sparks U.S.-China trade hopes
NEW YORK (Reuters) – Wall Street’s major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump regarding trade relations with China assuaged concerns among some investors. Trump said late on Thursday that he saw a resolution to the trade war with China “happening fast.” Read More

Oil rises more than 1% but sets biggest weekly loss of 2019

2 days ago DieselGasoil Comments Off on Oil rises more than 1% but sets biggest weekly loss of 2019
NEW YORK (Reuters) – Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by rising inventories and worries about the global economy. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July Read More

Oil edges higher but set for biggest weekly loss of 2019

2 days ago DieselGasoil Comments Off on Oil edges higher but set for biggest weekly loss of 2019
NEW YORK (Reuters) – Oil prices climbed 1 percent on Friday ahead of long U.S. and UK holiday weekends, but were on track for their biggest weekly drop of the year, pressured by rising inventories and worries about the global economy. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Read More

SeaBird Exploration: signing of agreements to acquire vessels, private placement becomes unconditional

2 days ago DieselGasoil Comments Off on SeaBird Exploration: signing of agreements to acquire vessels, private placement becomes unconditional
24 May 2019, Limassol, Cyprus NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. 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

Bellatrix Announces Senior Unsecured Noteholders, Convertible Debentureholders and Shareholders Approve Recapitalization Transaction

3 days ago DieselGasoil Comments Off on Bellatrix Announces Senior Unsecured Noteholders, Convertible Debentureholders and Shareholders Approve Recapitalization Transaction
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) today announced that at the meetings (the “Meetings”) of holders of the Company’s outstanding 8.5% senior unsecured notes due 2020 (the “Senior Unsecured Noteholders”), holders of the Company’s outstanding 6.75% convertible debentures due 2021 (the “Convertible Debentureholders”) and Read More

Gran Tierra Energy Inc. Announces Closing of $300 Million 7.750% Senior Notes Offering

3 days ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Closing of $300 Million 7.750% Senior Notes Offering
CALGARY, Alberta, May 23, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has completed its previously announced offering of $300 million aggregate principal amount of 7.750% Senior Notes due 2027 (the “Notes”) in a private placement to qualified institutional buyers in the United States pursuant to Rule Read More

STEALTHGAS INC. Reports First Quarter 2019 Financial and Operating Results

3 days ago DieselGasoil Comments Off on STEALTHGAS INC. Reports First Quarter 2019 Financial and Operating Results
ATHENS, Greece, May 23, 2019 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2019. OPERATIONAL AND FINANCIAL HIGHLIGHTS Operational utilization of 98.8% in Q1 19’ Read More

Musk’s SpaceX sues U.S. Air Force over rocket-building contracts: filings

3 days ago DieselGasoil Comments Off on Musk’s SpaceX sues U.S. Air Force over rocket-building contracts: filings
ORLANDO, Fla. (Reuters) – Billionaire Elon Musk’s SpaceX accused the U.S. Air Force of breaking contracting rules when it awarded money to three rocket makers but passed on Musk’s rival bid, and said the tender should be reopened, according to a court filing unsealed on Wednesday. FILE PHOTO: SpaceX headquarters is shown in Hawthorne, California, Read More