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Cordy Oilfield Services Inc. Reports Fourth Quarter and 2018 Annual Results

4 hours ago DieselGasoil Comments Off on Cordy Oilfield Services Inc. Reports Fourth Quarter and 2018 Annual Results
CALGARY, Alberta, April 25, 2019 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its fourth quarter and 2018 annual results.     Three months ended December 31   Twelve months ended December 31 ($ 000’s) 2018   2017   ($) Change     2018   2017   ($) Read More

Dril-Quip, Inc. Announces First Quarter 2019 Results

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HOUSTON, April 25, 2019 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ) today reported operational and financial results for the first quarter 2019. Key highlights included: Recorded first quarter 2019 revenues of $94.3 million, near the midpoint of the guidance range Increased non-project bookings to $99 million in the first quarter of 2019, which is the Read More

French ship ‘illegally’ enters Chinese waters, gets warned off – MoD

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China had to deploy navy ships to escort off a French vessel which “illegally” entered the Taiwan Strait, the country’s defense ministry said. “China’s military sent navy ships in accordance with the law to identify the French ship and warn it to leave,” defense ministry spokesman Ren Guoqiang said. The official did not specify the Read More

Talos Energy appoints Shane Young as executive V.P. and CFO

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4/24/2019 HOUSTON — Talos Energy Inc. has announced the appointment of Shannon E. young, III as executive V.P. and CFO of Talos, effective May 16, 2019. Michael L. Harding, II, currently executive V.P., CFO, chief accounting officer and treasurer, will continue to serve as the chief accounting officer of the company on an interim basis Read More

Oxy faces a heavyweight in Anadarko Prize Fight

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By Liam Denning on 4/24/2019 WASHINGTON (Bloomberg Opinion) — Anadarko Petroleum’s executives will be big winners in bidding war. Oh yeah, and the shareholders, too. It’s been a bruising 24 hours for CEO Al Walker and the board. First, it emerged the board had tweaked severance terms in favor of the c-suite just a day Read More

Martin Midstream Partners Announces Strategic Initiatives

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KILGORE, Texas, April 24, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today strategic initiatives designed to strengthen the balance sheet by reducing leverage and allowing the Partnership to retain earnings to fund growth opportunities.  These initiatives consist of: The previously announced marketing of the Partnership’s gas storage assets. The active Read More

Just Energy Announces Strategic Leadership Update

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North American Leadership Additions to Accelerate Strategic Plan TORONTO, April 24, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” or the “Company”), a leading consumer company focused on essential needs including electricity and natural gas commodities, Health and well-being products, and utility conservation, today announced the hiring of Mike Beck as Read More

Ashtead Technology acquires Aqua-Tech Solutions in Gulf of Mexico

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4/24/2019 Photo: Diamond wire saw on a new asset in Ashtead Technology’s fleet. ABERDEEN — Ashtead Technology has announced that it has acquired Louisiana based subsea equipment rental and cutting services specialist, Aqua-Tech Solutions, as part of the company’s international growth plans in the U.S. The combined business will see clients in the Gulf of Read More

Oil firm Equinor agrees climate change targets with investors

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OSLO/LONDON (Reuters) – Norwegian oil and gas company Equinor will revise its climate targets next year and assess its investments against U.N.-backed goals following talks with major investors. FILE PHOTO: A logo of Equinor, formerly known as Statoil, is seen at the company’s headquarters in Fornebu, Norway May 21, 2018. REUTERS/Nerijus Adomaitis Oil companies, among Read More

‘Star Wars’ are back? US might preemptively strike Russia & China with space weapons – Russian MoD

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The US may be plotting a preemptive strike on the nuclear arsenals of Russia and China, Russian military said, citing the revival of the 1980s ‘Star Wars’ program and ever-growing US “missile defense” in Europe as evidence. The analysis of the “probable actions” of Washington shows that Americans are seeking to achieve strategic superiority through Read More