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U.S. DUC shale backlog declines, except in Permian basin

32 mins ago DieselGasoil Comments Off on U.S. DUC shale backlog declines, except in Permian basin
By Stephen Cunningham on 7/16/2019 WASHINGTON D.C. (Bloomberg) –The backlog of DUCs in major U.S. shale plays fell for a fourth straight month, the longest stretch of declines since 2016, as producers came under intense pressure from shareholders to rein in costs while boosting output. The number of drilled but uncompleted wells, or DUCs, fell Read More

U.S. shale fracklog declines, expect in Permian basin

2 hours ago DieselGasoil Comments Off on U.S. shale fracklog declines, expect in Permian basin
By Stephen Cunningham on 7/16/2019 WASHINGTON D.C. (Bloomberg) –The backlog of DUCs in major U.S. shale plays fell for a fourth straight month, the longest stretch of declines since 2016, as producers came under intense pressure from shareholders to rein in costs while boosting output. The number of drilled but uncompleted wells, or DUCs, fell Read More

Spectrum Global Solutions Announces New Definitive Agreement with WaveTech GmbH

2 hours ago DieselGasoil Comments Off on Spectrum Global Solutions Announces New Definitive Agreement with WaveTech GmbH
Combination with German Technology Company Enables Spectrum to Continue its Previously Announced Business Plan LONGWOOD, FL, July 16, 2019 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (the “Company” or “Spectrum”) (OTCQB: SGSI), a single-source provider of next-generation communications network and professional services to telecommunications and enterprise markets, announces today the Company’s entry into a definitive Read More

Goldman Sachs profit hit by weakness in trading, underwriting

2 hours ago DieselGasoil Comments Off on Goldman Sachs profit hit by weakness in trading, underwriting
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – Goldman Sachs Group Inc (GS.N) reported a 6% fall in quarterly profit on Tuesday as the Wall Street Read More

Peyto Exploration & Development Corp. Confirms Dividends for Third Quarter 2019

17 hours ago DieselGasoil Comments Off on Peyto Exploration & Development Corp. Confirms Dividends for Third Quarter 2019
CALGARY, Alberta, July 15, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto”) (TSX: PEY) declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates indicated.   Dividend Amount perCommon Share Record Date Ex-Dividend Date Payment Date $0.02 July 31, 2019 July 30, 2019 Read More

Citigroup profit beats estimates on gains in consumer lending

23 hours ago DieselGasoil Comments Off on Citigroup profit beats estimates on gains in consumer lending
(Reuters) – Citigroup Inc (C.N) beat analysts’ estimates for quarterly profit on Monday, as a tight lid on costs and strength in consumer lending helped the third-largest U.S. bank counter weakness in its trading business. A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Read More

Callon to acquire Carrizo in $3.2-billion stock transaction

24 hours ago DieselGasoil Comments Off on Callon to acquire Carrizo in $3.2-billion stock transaction
7/15/2019 HOUSTON — Callon Petroleum Company and Carrizo Oil & Gas announced that their boards of directors have unanimously approved a definitive agreement under which Callon will acquire Carrizo in an all-stock transaction valued at $3.2 billion. This highly complementary combination will create a leading oil and gas company with scaled development operations across a Read More

Symantec, Broadcom cease deal negotiations: CNBC

1 day ago DieselGasoil Comments Off on Symantec, Broadcom cease deal negotiations: CNBC
FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake/File Photo (Reuters) – Cybersecurity company Symantec Corp (SYMC.O) and chipmaker Broadcom Inc (AVGO.O) have ceased deal negotiations, CNBC reported on Monday, citing sources. Symantec’s shares fell 18% to $21.01 in trading Read More

H/Cell Energy Announces $3 Million Equity Investment Commitment

1 day ago DieselGasoil Comments Off on H/Cell Energy Announces $3 Million Equity Investment Commitment
DALLAS, July 15, 2019 (GLOBE NEWSWIRE) — H/Cell Energy Corporation (OTCQB-HCCC) (“HCCC”), a company that designs and implements clean energy solutions featuring hydrogen and fuel cell technology, announced that it has entered into an equity purchase agreement with GHS Investments LLC (“GHS”) that will provide HCCC access to capital over a 24 month period. Under Read More

VivoPower International PLC Reports Results for the Year Ended March 31, 2019

4 days ago DieselGasoil Comments Off on VivoPower International PLC Reports Results for the Year Ended March 31, 2019
LONDON, July 12, 2019 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”), an international solar and critical power services company, today announced its financial results for the year ended March 31, 2019. “Fiscal 2019 has seen a significant improvement in results for VivoPower, reflecting a strong turnaround in performance during the Read More