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Sanchez Energy Enters Interest Payment Grace Period to Continue Discussions with Stakeholders

17 hours ago DieselGasoil Comments Off on Sanchez Energy Enters Interest Payment Grace Period to Continue Discussions with Stakeholders
HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — Sanchez Energy Corporation (“Sanchez Energy” or the “Company”) (OTC Pink: SNEC) today announced that the Company has elected to defer making an interest payment on its 6.125% Senior Notes due 2023 (the “6.125% Notes”) while it continues ongoing constructive discussions with its bondholders and other stakeholders on a Read More

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

18 hours ago DieselGasoil Comments Off on Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for July 2019. Targa Resources Partners LP announced today that the board of Read More

Balyasny gains in first half after losses prompted reorganization in 2018

18 hours ago DieselGasoil Comments Off on Balyasny gains in first half after losses prompted reorganization in 2018
BOSTON (Reuters) – Balyasny Asset Management, a Chicago-based hedge fund that shed $4 billion in assets last year and cut 20% of its staff, was back in positive territory for the first half of this year, suggesting its massive overhaul might be paying off, analysts said. FILE PHOTO: Dmitry Balyasny, Managing Partner and Chief Investment Read More

Nomura pays $26.5 million to settle U.S. charges over traders’ lies about bond prices

21 hours ago DieselGasoil Comments Off on Nomura pays $26.5 million to settle U.S. charges over traders’ lies about bond prices
NEW YORK (Reuters) – Nomura Holdings Inc will pay $26.5 million to settle U.S. Securities and Exchange Commission charges that it failed to properly supervise five former traders who lied to customers about mortgage bond prices. FILE PHOTO: Investors stand in front of a screen showing the logo of Nomura Holdings in Tokyo, Japan, December Read More

Africa Energy signs rig contract for Block 11B/12B, offshore South Africa

22 hours ago DieselGasoil Comments Off on Africa Energy signs rig contract for Block 11B/12B, offshore South Africa
7/15/2019 VANCOUVER — Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce that the joint venture partnership for Block 11B/12B offshore South Africa has entered into a multi-well drilling contract with Odfjell Drilling for the Deepsea Stavanger semisubmersible rig. Garrett Soden, Africa Energy’s President Read More

Oil prices rise on Chinese economic data

1 day ago DieselGasoil Comments Off on Oil prices rise on Chinese economic data
LONDON (Reuters) – Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas U.S. Read More

Oil prices edge higher on Chinese economic data

1 day ago DieselGasoil Comments Off on Oil prices edge higher on Chinese economic data
LONDON (Reuters) – Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas Read More

Bentley opens its biggest showroom in Ukraine, one of the poorest countries in Europe

1 day ago DieselGasoil Comments Off on Bentley opens its biggest showroom in Ukraine, one of the poorest countries in Europe
British luxury car maker Bentley has announced the opening of a dealership in Ukraine’s capital Kyiv, calling it an important step towards strengthening its presence in Central Eastern Europe. The showroom area covers 1760 m² and is located close to Kyiv airport, offering customer sales and aftersales facilities. This includes the complete Bentley model range, Read More

Hold the beers: Budweiser APAC IPO hit by investor push-back

1 day ago DieselGasoil Comments Off on Hold the beers: Budweiser APAC IPO hit by investor push-back
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Scepticism over AB InBev’s high valuations doomed Budweiser APAC’s IPO of up to $9.8 billion – poised to be the world’s biggest this year – investors and bankers said, putting would-be floats on notice that careful pricing remains key to success. FILE PHOTO: Portfolio beer brands of Budweiser Brewing Company Read More

Oil prices nudge up on Chinese economic data

1 day ago DieselGasoil Comments Off on Oil prices nudge up on Chinese economic data
LONDON (Reuters) – Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas Read More