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Zargon Oil & Gas Ltd. Provides 2018 Third Quarter Results

10 hours ago DieselGasoil Comments Off on Zargon Oil & Gas Ltd. Provides 2018 Third Quarter Results
CALGARY, Alberta, Nov. 13, 2018 (GLOBE NEWSWIRE) — Zargon Oil & Gas Ltd. (“Zargon” or the “Company”) (TSX SYMBOLS: ZAR; ZAR.DB.A). FINANCIAL AND OPERATING HIGHLIGHTS (THREE MONTHS ENDED SEPTEMBER 30, 2018) Funds flow from operating activities of $1.93 million compared to $0.58 million recorded in the prior quarter, and $1.76 million reported in the third quarter Read More

German officials sound China alarm as 5G auctions loom

11 hours ago DieselGasoil Comments Off on German officials sound China alarm as 5G auctions loom
BERLIN (Reuters) – Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security. FILE PHOTO: Journalists follow the presentation of a Huawei smartphone ahead of the IFA Electronics show in Berlin, Germany, Read More

ADNOC signs ultra-sour gas concession with Eni

12 hours ago DieselGasoil Comments Off on ADNOC signs ultra-sour gas concession with Eni
11/13/2018 Abu Dhabi — The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have signed the first of a series of concession agreements with Italy’s multi-national oil and gas company, ENI, awarding it a 25% stake in its offshore ultra-sour gas mega project. The Ghasha Concession consists of the Hail, Ghasha, Dalma Read More

The Israeli Energy Minister announces Israel’s 2nd offshore bid round

12 hours ago DieselGasoil Comments Off on The Israeli Energy Minister announces Israel’s 2nd offshore bid round
11/13/2018 JERUSALUM — Israel has announced the launching of its second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters, in the Eastern Mediterranean. The upcoming bid round is pursuant to an earlier round which began two years ago and granted six licenses, some are expected to commence drilling Read More

ADNOC signs framework agreement with Uzbekistan gas producer Uzbekneftegaz

13 hours ago DieselGasoil Comments Off on ADNOC signs framework agreement with Uzbekistan gas producer Uzbekneftegaz
11/13/2018 Photo: Bakhrom Ashrafkhanov, chairman of the board, Uzbekneftegaz and Omar Suwaina Alsuwaidi, the executive office director, ADNOC, at ADIPEC 2018. Abu Dhabi — The Abu Dhabi National Oil Company (ADNOC) signed a framework agreement with Uzbekneftegaz, a joint stock company of Uzbekistan’s oil and gas industry, under which ADNOC will provide strategic advice in Read More

Wood awarded multimillion dollar contract extension for Upper Zakum oil field project

13 hours ago DieselGasoil Comments Off on Wood awarded multimillion dollar contract extension for Upper Zakum oil field project
11/13/2018 HOUSTON — Wood has secured a mult-imillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the the UZ750 mega project offshore Abu Dhabi. The scope of work includes project management consultancy (PMC) services for the development which comprises four new artificial islands and the Read More

ADNOC signs First Hail, Ghasha and Dalma ultra-sour gas concession with Italy’s Eni

13 hours ago DieselGasoil Comments Off on ADNOC signs First Hail, Ghasha and Dalma ultra-sour gas concession with Italy’s Eni
11/13/2018 Abu Dhabi — The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have signed the first of a series of concession agreements with Italy’s multi-national oil and gas company, ENI, awarding it a 25% stake in its offshore ultra-sour gas mega project. The Ghasha Concession consists of the Hail, Ghasha, Dalma Read More

Spectrum Global Solutions Third Quarter 2018 Results Up Over 300% Year Over Year

17 hours ago DieselGasoil Comments Off on Spectrum Global Solutions Third Quarter 2018 Results Up Over 300% Year Over Year
LONGWOOD, Fla., Nov. 13, 2018 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC:SGSI) (the “Company”), reported financial results for the fiscal period ended September 30, 2018. Roger Ponder, CEO of the Company stated, “Revenue was just under $10 million which reflects consistent growth in our AW Solutions and ADEX subsidiaries.  We also reported net income of Read More

Chaparral Energy Announces Third Quarter 2018 Financial and Operational Results

19 hours ago DieselGasoil Comments Off on Chaparral Energy Announces Third Quarter 2018 Financial and Operational Results
OKLAHOMA CITY, Nov. 13, 2018 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) today announced its third quarter 2018 financial and operational results with the filing of its form 10-Q. The company will hold its quarterly financial and operating results conference call this morning, November 13, at 10 a.m. Central. Third Quarter Highlights and Recent Read More

Abu Dhabi signals global ambition with 2 MMbbl oil hike

20 hours ago DieselGasoil Comments Off on Abu Dhabi signals global ambition with 2 MMbbl oil hike
By Anthony DiPaola, Manus Cranny and Mahmoud Habboush on 11/13/2018 DUBAI, LONDON and ABU DHABI (Bloomberg) –Abu Dhabi signaled its ambitions to send more oil and gas around the world as it woos investors to fields at home and hunts for assets abroad.  As state-owned Abu Dhabi National Oil taps partnerships to raise domestic oil Read More