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U.S. consumer confidence dives, trade tensions hurting economy
6 hours ago DieselGasoil Comments Off on U.S. consumer confidence dives, trade tensions hurting economy
WASHINGTON (Reuters) – U.S. consumer confidence tumbled to a 21-month low in June as households grew a bit more pessimistic about business and labor market conditions amid concerns about a recent escalation in trade tensions between the United States and China. FILE PHOTO: People shop at an H&M store during the grand opening of the Read More
Why oil’s outlook could be even bleaker than expected
9 hours ago DieselGasoil Comments Off on Why oil’s outlook could be even bleaker than expected
By Bloomberg News on 6/25/2019 SINGAPORE and BEIJING (Bloomberg) — As storm clouds gather over the world’s top oil-consuming region, OPEC and its allies would be advised to pay close attention as they prepare to make a key decision on output curbs early next month. While the Saudi Arabian-led efforts to restrain supply amid surging Read More
US shale an ‘unmitigated disaster’ with industry hundreds of billions in debt – shale pioneer
14 hours ago DieselGasoil Comments Off on US shale an ‘unmitigated disaster’ with industry hundreds of billions in debt – shale pioneer
Fracking has been an “unmitigated disaster” for shale companies themselves, according to a prominent former shale executive. “The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions,” Steve Schlotterbeck, former chief executive of EQT, a shale gas giant, said at a petrochemicals conference Read More US shale an “unmitigated disaster” with industry hundreds of billions in debt – shale pioneer
15 hours ago DieselGasoil Comments Off on US shale an “unmitigated disaster” with industry hundreds of billions in debt – shale pioneer
Fracking has been an “unmitigated disaster” for shale companies themselves, according to a prominent former shale executive. “The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions,” Steve Schlotterbeck, former chief executive of EQT, a shale gas giant, said at a petrochemicals conference Read MoreGoogle to spend further 1 billion euros to build Dutch data centers
19 hours ago DieselGasoil Comments Off on Google to spend further 1 billion euros to build Dutch data centers
FILE PHOTO: A sign is pictured outs a Google offcie near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Dave Paresh/File Photo AMSTERDAM (Reuters) – Alphabet Inc.’s Google said on Monday it will invest an additional 1 billion euros ($1.14 billion) to build data centers in the Netherlands, including a new facility Read More
Soyuz brings Space Station Expedition 59 back to Earth (VIDEOS)
21 hours ago DieselGasoil Comments Off on Soyuz brings Space Station Expedition 59 back to Earth (VIDEOS)
Three Expedition 59 crew members have safely returned to Earth aboard the Soyuz spacecraft after spending more than six months at the International Space Station. Russian cosmonaut Oleg Kononenko, Canadian Space Agency astronaut David Saint-Jacques and NASA astronaut Anne McClain landed on the steppes of Kazakhstan on Friday morning, roughly three and a half hours Read More
GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights
2 days ago DieselGasoil Comments Off on GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights
Monaco, June 24, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog”, the “General Partner”, or the “GP”) (NYSE: GLOG) and GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today an agreement to eliminate the GP’s incentive distribution rights (“IDRs”) in exchange for newly issued limited partner (“LP”) units. In exchange for the IDRs, Read More