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Sanchez Midstream Partners Reports Fourth-Quarter and Full-Year 2018 Financial Results

2 weeks ago DieselGasoil Comments Off on Sanchez Midstream Partners Reports Fourth-Quarter and Full-Year 2018 Financial Results
HOUSTON, March 07, 2019 (GLOBE NEWSWIRE) — Sanchez Midstream Partners LP (NYSE American: SNMP) (“SNMP” or the “Partnership”) today reported fourth-quarter and full-year 2018 results.  Highlights from the report include: Fourth-quarter 2018 net income of $15.6 million, which compares to net income of $0.4 million for third-quarter 2018; Fourth-quarter 2018 Adjusted EBITDA (a non-GAAP financial Read More

Oil retreats as surprise jump in U.S. stockpiles hints at glut

2 weeks ago DieselGasoil Comments Off on Oil retreats as surprise jump in U.S. stockpiles hints at glut
By Alex Nussbaum on 3/6/2019 NEW YORK (Bloomberg) — Oil retreated for the second day in a row after U.S. crude stockpiles ballooned, casting a shadow over OPEC’s efforts to avert a global glut. Futures in New York closed 0.6% lower on Wednesday after the U.S. Energy Information Administration said domestic oil inventories grew by Read More

SNE field development secures FPSO ahead of FID

3 weeks ago DieselGasoil Comments Off on SNE field development secures FPSO ahead of FID
2/25/2019 BW Offshore Catcher FPSO. Photo: Cairn. EDINBURGH — Woodside, as operator of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture, has awarded MODEC International Inc. the front-end engineering design (FEED) contract for the SNE Field Development Phase 1 floating production storage and offloading (FPSO) facility. Following FEED, and subject to Read More

Banks losing battle to be no-deal Brexit ready

3 weeks ago DieselGasoil Comments Off on Banks losing battle to be no-deal Brexit ready
LONDON (Reuters) – Major banks are still not ready for a ‘no-deal’ Brexit as they grapple with delays in licenses for new European Union businesses, staffing problems and snags in redrafting contracts. Pro-Brexit demonstrators protest opposite Downing Street, London, Britain, February 14, 2019. REUTERS/Simon Dawson Despite thousands of staff working on preparations for more than two Read More

Tecogen Secures $8.4M Trigeneration Project in Manhattan

4 weeks ago DieselGasoil Comments Off on Tecogen Secures $8.4M Trigeneration Project in Manhattan
WALTHAM, Mass., Feb. 20, 2019 (GLOBE NEWSWIRE) — Tecogen Inc. (NASDAQ: TGEN), a clean energy company providing ultra-efficient, clean, natural gas powered on-site power, heating and cooling equipment, is pleased to announce an $8.4 million Turnkey Engineering, Procurement, and Construction Services contract to install a 1 MW trigeneration plant at a data center located in Read More

Shale support secures deal as provider for tier-one EandP

1 month ago DieselGasoil Comments Off on Shale support secures deal as provider for tier-one EandP
2/14/2019 Photo: Shale Support. HOUSTON — Shale Support Holdings, LLC, a leading provider of frac-sands and logistical solutions to the oil and gas proppant market, has announced it has finalized a deal as a provider for a tier-one petroleum and natural gas exploration and production company. Shale Support will supply the tier-one E&P with high Read More

Petrofac secures UK well service agreement

1 month ago DieselGasoil Comments Off on Petrofac secures UK well service agreement
2/11/2019 Photo: Offshore operations, Petrofac. SAINT HELIER, Jersey — Petrofac’s Engineering and Production Services (EPS) business has added to its growing well engineering portfolio with the award of a contract from independent exploration and production company, Siccar Point Energy. The three-year agreement, which includes options to extend, is estimated to be worth up to $95 Read More

In the new lithium 'Great Game,' Germany edges out China in Bolivia

2 months ago DieselGasoil Comments Off on In the new lithium 'Great Game,' Germany edges out China in Bolivia
UYUNI, Bolivia (Reuters) – When Germany signed a deal last month to help Bolivia exploit its huge lithium reserves, it hailed the venture as a deepening of economic ties with the South American country. But it also gives Germany entry into the new “Great Game”, in which big powers like China are jostling across the Read More