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Colombia tribunal suspends awarding of mining licenses, government to appeal

3 hours ago DieselGasoil Comments Off on Colombia tribunal suspends awarding of mining licenses, government to appeal
BOGOTA (Reuters) – A Colombian tribunal ordered the government on Friday to suspend the awarding of mining licenses until it establishes protected areas, while the mines and energy ministry said it would appeal against the decision. The ruling by a tribunal in Cundinamarca province is the latest headache for miners in Colombia, where a series Read More

Block Energy Plc has recovered 200 bbl of oil during flowback at West Rustavi license, Georgia

15 hours ago DieselGasoil Comments Off on Block Energy Plc has recovered 200 bbl of oil during flowback at West Rustavi license, Georgia
12/14/2018 LONDON — Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that more than 200 bbl of oil were recovered from the legacy vertical well 16a at its West Rustavi permit during a 10-hr flow period. An additional 300 bbl of light oil flowed to Read More

Sky Solar Holdings, Ltd. Reports Unaudited Financial Results for the First Half of Fiscal Year 2018

18 hours ago DieselGasoil Comments Off on Sky Solar Holdings, Ltd. Reports Unaudited Financial Results for the First Half of Fiscal Year 2018
HONG KONG, Dec. 14, 2018 (GLOBE NEWSWIRE) — Sky Solar Holdings, Ltd. (NASDAQ: SKYS) (“Sky Solar” or “the Company”), a global developer, owner and operator of solar parks, today announced its financial results for and as of the first six months ended June 30, 2018. First Half 2018 Highlights Revenue of $33.2 million, up 8.4% Read More

Exclusive: Chinese battery firm halts purchases of cobalt from Glencore – sources

1 day ago DieselGasoil Comments Off on Exclusive: Chinese battery firm halts purchases of cobalt from Glencore – sources
LONDON/BEIJING (Reuters) – Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between the two companies, sources close to the matter said. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Read More

Birchcliff Energy Ltd. Announces Board Changes

1 day ago DieselGasoil Comments Off on Birchcliff Energy Ltd. Announces Board Changes
CALGARY, Alberta, Dec. 13, 2018 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff” or the “Corporation”) (TSX: BIR) is pleased to announce that Ms. Stacey McDonald has been appointed as a director of Birchcliff effective December 14, 2018. Ms. McDonald brings over 13 years of experience in the energy and financial sectors to Birchcliff, including extensive Read More

Berry Petroleum Announces Share Repurchase Program

2 days ago DieselGasoil Comments Off on Berry Petroleum Announces Share Repurchase Program
DALLAS, Dec. 13, 2018 (GLOBE NEWSWIRE) — Berry Petroleum Corporation (NASDAQ: BRY) (“Berry” or the “Company”) announced today that its Board of Directors has adopted a program for the opportunistic repurchase of up to $100 million of its common stock.  Based on the Board’s evaluation of current market conditions for its stock they authorized current Read More

Siccar Point Energy increases existing reserves-based lending facility

2 days ago DieselGasoil Comments Off on Siccar Point Energy increases existing reserves-based lending facility
12/13/2018 Photo: Jonathan Roger, Siccar Point Energy CEO. ABERDEEN — Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility (“RBL”). Key features are: Increase in facility limit from $600 million to $800 million. Availability under the RBL has also increased to Read More

Petroteq Energy 2018 Year-End Review

2 days ago DieselGasoil Comments Off on Petroteq Energy 2018 Year-End Review
SHERMAN OAKS, CALIFORNIA, Dec. 13, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), a fully integrated oil and gas company with production assets in the Asphalt Ridge region of Vernal, Utah, is pleased to provide a 2018 year-end operations and strategic update: Dear Shareholders, As we begin to close out 2018, and Read More

Petrogress, Inc. Announces Partnership with Deliman Oil to Expand Distribution Operations into Gas Stations in Ghana, Burkina Faso and Niger

3 days ago DieselGasoil Comments Off on Petrogress, Inc. Announces Partnership with Deliman Oil to Expand Distribution Operations into Gas Stations in Ghana, Burkina Faso and Niger
NEW YORK, Dec. 12, 2018 (GLOBE NEWSWIRE) — Petrogress, Inc. (OTC:PGAS) announces that its Petrogress Int’l, LLC (“PIL”) subsidiary has entered into a Partnership Agreement with Deliman Oil Company Limited, a Ghanaian corporation (“Deliman”) to jointly form and co-operate a Ghanaian corporation to be known as PG&D Fueling (“PG&D”) which will operate and manage gas/refueling Read More