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Blue Mountain Midstream Announces Open Season for Crude Oil & Water Gathering Systems

21 mins ago DieselGasoil Comments Off on Blue Mountain Midstream Announces Open Season for Crude Oil & Water Gathering Systems
HOUSTON, July 22, 2019 (GLOBE NEWSWIRE) — Blue Mountain Midstream LLC (“Blue Mountain”), a wholly owned subsidiary of Riviera Resources, Inc. (OTCQX: RVRA), announced today its subsidiaries Wildcat Oil Gathering LLC (“Wildcat Oil Gathering”) and Wildcat Water Gathering LLC (“Wildcat Water Gathering”) have launched an Open Season for new systems and services in central Oklahoma. Read More

Franklin Electric Declares Payment of Quarterly Cash Dividend

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FORT WAYNE, Ind., July 22, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.145 per share payable August 15, 2019, to shareholders of record on August 1, 2019. Franklin Electric is a global leader in the production and marketing of Read More

TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform

4 hours ago DieselGasoil Comments Off on TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform
Investment Highlights Acquisition is expected to add ~320 megawatts of distributed generation assets in 20 states and in the District of Columbia Expected to grow TerraForm Power’s distributed generation portfolio to ~750 megawatts, making it one of the largest distributed generation businesses in the United States Portfolio consists of recently constructed assets that have an Read More

Outgoing Schlumberger CEO Kibsgaard lands $6 million consulting deal

3 days ago DieselGasoil Comments Off on Outgoing Schlumberger CEO Kibsgaard lands $6 million consulting deal
7/19/2019 NEW YORK – Schlumberger’s Paal Kibsgaard may be leaving his job, but he’ll collect paychecks for years to come. The outgoing chief executive officer will continue to lift his $2 million annual salary through July 31, 2022, in exchange for providing “certain services” and agreeing not to take a job at a rival, according Read More

American Airlines-Qantas joint venture wins final U.S. approval

3 days ago DieselGasoil Comments Off on American Airlines-Qantas joint venture wins final U.S. approval
WASHINGTON (Reuters) – The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc (AAL.O) and Qantas Airways Ltd (QAN.AX) final approval to operate a joint venture after a prior effort was rejected in 2016. FILE PHOTO: An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, U.S., March Read More

Jet Airways’ lenders approve interim finance plan for the carrier

3 days ago DieselGasoil Comments Off on Jet Airways’ lenders approve interim finance plan for the carrier
FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo MUMBAI (Reuters) – Lenders to Jet Airways (JET.NS) agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts Read More

The number of electric utility rate cases increased in 2018

3 days ago DieselGasoil Comments Off on The number of electric utility rate cases increased in 2018
July 19, 2019 Source: U.S. Energy Information Administration, based on data from S&P Global Rate Case Database and the University of Texas, Austin Energy Institute In 2018, 89 utilities—or nearly half of all major U.S. electric utilities—tried to change electricity rates by filing rate cases with state regulatory commissions; this number was the largest number Read More

Boeing execs could face lengthy prison terms over MAX crashes, attorney tells Boom Bust

3 days ago DieselGasoil Comments Off on Boeing execs could face lengthy prison terms over MAX crashes, attorney tells Boom Bust
Hearings on aviation safety in the aftermath of two deadly Boeing 737 MAX crashes were held this week by the US House of Representatives panel. They included testimonies from families of the victims. International Regulatory Attorney Myles Edwards joins RT’s Boom Bust to talk about the latest developments in the Boeing crashes case. “I look Read More

Spain struggles to regulate renewable energy gold rush

3 days ago DieselGasoil Comments Off on Spain struggles to regulate renewable energy gold rush
MADRID (Reuters) – Spanish authorities fear that a speculative rush threatens to hold back the development of renewable energy, saying coveted rights to connect to the national power grid are being secured with the sole aim of selling them on for a profit. FILE PHOTO: Power lines connecting pylons of high-tension electricity and a billboard-sized Read More