risks

Gold to prove crucial hedge against next financial crisis – analyst

5 hours ago DieselGasoil Comments Off on Gold to prove crucial hedge against next financial crisis – analyst
While unsteady financial markets are bouncing up and down due to trade and geopolitical conflicts as well as political uncertainty, some investors turn to less risky assets, principally to gold. According to the recent report by the London-based consultancy Rosa & Roubini Associates, the latest developments in Italy could easily trigger another global financial crisis. Read More

Duck boat design flagged years ago after fatal accident in Arkansas

17 hours ago DieselGasoil Comments Off on Duck boat design flagged years ago after fatal accident in Arkansas
(Reuters) – The drownings of 17 people when a “duck boat” in which they were riding sank in a storm over a Missouri lake on Thursday was reminiscent of an accident involving the amphibious tourist vessel in 1999 in which 13 people died. FILE PHOTO: A duck boat is seen at Table Rock Lake in Read More

'Major safety risks' – duck boat design flaw flagged years ago

19 hours ago DieselGasoil Comments Off on 'Major safety risks' – duck boat design flaw flagged years ago
(Reuters) – The drownings of 17 people when a “duck boat” in which they were riding sank in a storm over a Missouri lake on Thursday was reminiscent of an accident involving the amphibious tourist vessel in 1999 in which 13 people died. FILE PHOTO: A duck boat is seen at Table Rock Lake in Read More

Baytex and Raging River File Joint Management Information Circular Seeking Shareholder Approval of Strategic Combination

19 hours ago DieselGasoil Comments Off on Baytex and Raging River File Joint Management Information Circular Seeking Shareholder Approval of Strategic Combination
CALGARY, Alberta, July 20, 2018 (GLOBE NEWSWIRE) — Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) (“Baytex“) and Raging River Exploration Inc. (TSX:RRX) (“Raging River“) are pleased to announce that they have filed a joint management information circular and proxy statement (the “Circular“) for their respective special shareholders’ meetings to be held in connection with the proposed strategic Read More

Shell in talks to sell $2-billion Nigeria oil assets

23 hours ago DieselGasoil Comments Off on Shell in talks to sell $2-billion Nigeria oil assets
By Kelly Gilblom and Dinesh Nair on 7/20/2018 LONDON (Bloomberg) — Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that’s at the heart of environmental and human rights controversies for $2 billion, according to people familiar with the plan. The Anglo-Dutch oil major is discussing selling oil Read More

Saudi Arabia keeps status quo on oil exports, but supply risks still abound

1 day ago DieselGasoil Comments Off on Saudi Arabia keeps status quo on oil exports, but supply risks still abound
London — The pressure on Saudi Arabia to pump more crude has lessened over the past few weeks. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The kingdom has boosted its production by almost 500,000 b/d from May levels and deemed that sufficient to meet the market’s needs for Read More

UK Forties crude set for disruption on Total workers' strike

1 day ago DieselGasoil Comments Off on UK Forties crude set for disruption on Total workers' strike
London — Crude oil futures were edging between gains and losses on Friday morning in Europe, as the market searched for direction amid comments from Saudi Arabia that the producer will not flood the market with oil as production cuts ease and the end of the Norwegian oil field workers strike. Not registered? Receive daily Read More

SAExploration Announces Entry of Sale Order and Agreement for Bridge Financing to Fund Geokinetics Asset Acquisition

1 day ago DieselGasoil Comments Off on SAExploration Announces Entry of Sale Order and Agreement for Bridge Financing to Fund Geokinetics Asset Acquisition
HOUSTON, July 20, 2018 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division, entered an order approving the previously announced Asset Purchase Agreement, dated June 26, 2018, between its wholly owned subsidiary, SAExploration, Inc. (“SAE” or the “Company”), and Geokinetics, Read More

Crude broadly steady as Saudi Arabia reassures market; Brent at $72.53/b, WTI $69.54/b

1 day ago DieselGasoil Comments Off on Crude broadly steady as Saudi Arabia reassures market; Brent at $72.53/b, WTI $69.54/b
Crude oil futures were edging between gains and losses on Friday morning in Europe, as the market searched for direction amid comments from Saudi Arabia that the producer will not flood the market with oil as production cuts ease and the end of the Norwegian oil field workers strike. Not registered? Receive daily email alerts, Read More

Blackbird Energy Inc. Provides Operational Update

1 day ago DieselGasoil Comments Off on Blackbird Energy Inc. Provides Operational Update
CALGARY, Alberta, July 20, 2018 (GLOBE NEWSWIRE) — (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to provide an operational update including planned drilling activity, an update on infrastructure build out and the continued progression of its development planning. Development program north of the Wapiti River expected to commence in early August: Blackbird Read More