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Sanchez Energy Receives Court Approval of “First Day” Motions to Support Business Operations

7 hours ago DieselGasoil Comments Off on Sanchez Energy Receives Court Approval of “First Day” Motions to Support Business Operations
Obtains Interim Approval to Access up to $50 Million in New Financing Maintains Substantial Liquidity to Continue Safe Operations in the Normal Course HOUSTON, Aug. 19, 2019 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (“Sanchez Energy” or the “Company”) (OTC Pink: SNECQ) today announced that the Company and certain of its subsidiaries have received interim approvals Read More

Private US E&P operators finding innovative ways to lower costs: execs

7 hours ago DieselGasoil Comments Off on Private US E&P operators finding innovative ways to lower costs: execs
Houston — Private US exploration and production companies are typically smaller in resources and staff than their larger rivals, but what they lack in size they often make up for in lower unit costs, according to executives. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now One reason is that Read More

Petroteq Achieves Milestones in Emerging International Opportunities

17 hours ago DieselGasoil Comments Off on Petroteq Achieves Milestones in Emerging International Opportunities
Receives Positive Lab Results on the Recovery of Oil from International Ore Samples Successful Testing Completed proving Oil Extraction and Recovery with QEM SHERMAN OAKS, Calif., Aug. 19, 2019 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands mining oil company with proprietary technology‎, Read More

Saudi oil field targeted by drone attack, production unaffected

19 hours ago DieselGasoil Comments Off on Saudi oil field targeted by drone attack, production unaffected
By Javier Blas and Verity Ratcliffe on 8/19/2019 LONDON (Bloomberg) – Yemeni rebels attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia, but failed to disrupt production. Saudi Arabian Oil Co., or Aramco as the company is known, extinguished a small fire at a natural gas liquids plant at Shaybah on Read More

U.S. oil export race accelerates as Enterprise makes leap ahead

19 hours ago DieselGasoil Comments Off on U.S. oil export race accelerates as Enterprise makes leap ahead
By Sheela Tobben on 8/19/2019 NEW YORK (Bloomberg) – The race to develop oil terminals that can fully load supertankers on the U.S. Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead. Over a year, more than 10 projects have been proposed for terminals that, Read More

China provides $1 billion in ‘green’ finance to coal projects in first half of the year

22 hours ago DieselGasoil Comments Off on China provides $1 billion in ‘green’ finance to coal projects in first half of the year
SHANGHAI (Reuters) – Chinese financial institutions provided at least $1 billion in “green” financing to coal-related projects in the first half of this year, a review of financial data showed, with fossil fuels still playing a major role in Beijing’s energy strategy. According to Shanghai-based financial data provider Wind, 7.4 billion yuan ($1.1 billion) in Read More

Argentina enforces fuel price caps despite warnings of oil production slowdown

3 days ago DieselGasoil Comments Off on Argentina enforces fuel price caps despite warnings of oil production slowdown
Buenos Aires — Crude sales price falls to $40-42/b Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Caps seen a threat to Vaca Muerta development Refined products imports rise Argentina imposed a 90-day freeze on diesel (gasoil) and gasoline prices Friday, driving down domestic crude prices by around 30% Read More

Oil rises alongside equities, but downbeat OPEC outlook caps gains

3 days ago DieselGasoil Comments Off on Oil rises alongside equities, but downbeat OPEC outlook caps gains
NEW YORK (Reuters) – Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. FILE PHOTO: A wastewater injection well owned by Parsley Energy operates in the Permian Basin near Midland, Texas U.S. August 23, 2018. REUTERS/Nick Oxford But oil’s gains Read More

U.S. drillers add oil rigs for first week since June: Baker Hughes

3 days ago DieselGasoil Comments Off on U.S. drillers add oil rigs for first week since June: Baker Hughes
(Reuters) – U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spending on new drilling this year. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford Companies added six oil rigs Read More

Frac companies get fresh hope UK government will loosen rules

4 days ago DieselGasoil Comments Off on Frac companies get fresh hope UK government will loosen rules
By Timothy Abington and Jeremy Hodges on 8/16/2019 LONDON (Bloomberg) – A change of British government has given the much-maligned fracing industry another opportunity to make out its case for stimulating the controversial technique to tap unconventional natural gas reserves. Prime Minister Boris Johnson and his new business minister, Andrea Leadsom, have come out in Read More