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‘Challenging’ Russia in the Arctic: Political posturing or a war in the making?

3 hours ago DieselGasoil Comments Off on ‘Challenging’ Russia in the Arctic: Political posturing or a war in the making?
As Russia bolsters its efforts to secure and tap the Arctic, both the UK and the US have been vowing to meet its “challenge” – a premise that could lead to war, experts say, if their naval powers could muster the capabilities. “It’s nobody’s lake,” said US Admiral James Foggo in a recent interview with Read More

ClearStream Announces New Board Member

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CALGARY, Alberta, Feb. 22, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream”, or the “Company”, TSX: CSM and CSM.DB.A) is pleased to announce the addition of a new Board member, effective immediately: Karl Johannson has been appointed as a new Member of the Board of Directors of ClearStream and brings with him extensive operational Read More

Stockholders of Resolute Energy Approve Merger with Cimarex Energy Co.

15 hours ago DieselGasoil Comments Off on Stockholders of Resolute Energy Approve Merger with Cimarex Energy Co.
DENVER, Feb. 22, 2019 (GLOBE NEWSWIRE) — Resolute Energy Corporation (NYSE: REN) (“Resolute” or the “Company”) today announced that at a special meeting of stockholders held earlier today, Resolute’s stockholders voted to approve the adoption of the merger agreement between Resolute and Cimarex Energy Co. (“Cimarex”).  15,950,431 shares voted in favor of the proposal to adopt Read More

Encana to hold conference call and webcast of 2018 fourth quarter and year-end results and 2019 full-year guidance on Thursday, February 28, 2019

15 hours ago DieselGasoil Comments Off on Encana to hold conference call and webcast of 2018 fourth quarter and year-end results and 2019 full-year guidance on Thursday, February 28, 2019
CALGARY, Alberta, Feb. 22, 2019 (GLOBE NEWSWIRE) — TSX, NYSE: ECA Encana Corporation plans to release its 2018 fourth quarter and year-end results and 2019 full-year guidance prior to market open on Thursday, February 28, 2019. The news release detailing Encana’s 2018 fourth quarter and year-end results will provide operating and financial information. In addition, Read More

SDRL – Launches Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025 and Contingent Tender Offer

15 hours ago DieselGasoil Comments Off on SDRL – Launches Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025 and Contingent Tender Offer
Hamilton, Bermuda, February 22, 2019 – Seadrill Limited (the “Company”) has commenced a consent solicitation (the “Consent Solicitation”) process to amend certain terms of the indenture and the escrow agreement related to its outstanding 12.0% Senior Secured Notes due 2025 (the “Notes”). Contingent on the successful completion of the Consent Solicitation, the Company plans to Read More

China has agreed to buy up to $1.2 trillion in U.S. goods: CNBC

17 hours ago DieselGasoil Comments Off on China has agreed to buy up to $1.2 trillion in U.S. goods: CNBC
FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping shake hands after making joint statements at the Great Hall of the People in Beijing, China, November 9, 2017. REUTERS/Damir Sagolj/File Photo WASHINGTON (Reuters) – China has agreed to buy up to $1.2 trillion in goods from the United States as part of the Read More

PDC Energy Issues Statement

22 hours ago DieselGasoil Comments Off on PDC Energy Issues Statement
DENVER, Feb. 22, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (NASDAQ: PDCE) today issued the following statement in response to the public filing of a Schedule 13D by Kimmeridge Energy Management Company (“Kimmeridge”): PDC is open to the views and opinions of all shareholders. We take constructive suggestions seriously, and regularly Read More

Deep 7.5-magnitude quake hits Ecuador-Peru border region

22 hours ago DieselGasoil Comments Off on Deep 7.5-magnitude quake hits Ecuador-Peru border region
QUITO/LIMA (Reuters) – A deep magnitude-7.5 earthquake struck the Peru-Ecuador border region early on Friday morning, the U.S. Geological Survey said, causing tremors that the Ecuadorian president said were felt around the country. The quake’s epicenter was in a sparsely populated area 224 km (140 miles) east-southeast of Ambato, Ecuador, at a depth of 132 Read More

Magnitude 7.5 quake hits Peru-Ecuador border region: USGS

1 day ago DieselGasoil Comments Off on Magnitude 7.5 quake hits Peru-Ecuador border region: USGS
(Reuters) – A deep earthquake with a magnitude of 7.5 struck the Peru-Ecuador border region early on Friday morning, the United States Geological Survey said. The quake’s epicenter was in a sparsely populated area 224 km (140 miles) east-southeast of Ambato, Ecuador, at a depth of 132 km. The USGS’s initial reading had assessed the Read More

A Fed pivot, born of volatility, missteps, and new economic reality

1 day ago DieselGasoil Comments Off on A Fed pivot, born of volatility, missteps, and new economic reality
WASHINGTON (Reuters) – The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old process of policy tightening on hold, calmed markets after weeks of turmoil that wiped out trillions of dollars of household wealth. FILE PHOTO: A screen displays the headlines that the U.S. Federal Reserve raised interest Read More