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President Energy reports drilling success of third well at Argentina's Puesto Flores concession

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12/18/2018 LEEDS — President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, has provided the following update relating to the Puesto Flores Concession in Rio Negro Province, Argentina (President 90% and operator – EDHIPSA 10%). Highlights: PF0 1005, the third and final new Read More

Germany to compensate Kindertransport refugees

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Germany has agreed to pay survivors who fled Nazi Germany as children €2,500 (£2,245) each, negotiators fighting for compensation have said. The Conference on Jewish Material Claims Against Germany said the country would make a one-off payment to those still living from the 10,000 who fled in Kindertransport efforts ahead of the Second World War. Read More

Oil gains near $52 as U.S. drillers cut rigs

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By Rakteem Katakey on 12/17/2018 LONDON (Bloomberg) — Oil rose to near $52/bbl as the dollar fell and U.S. drillers cut rigs to the lowest in eight weeks.  Futures in New York gained as much as 1.3%. The number of oil rigs in America fell to by four to 873 last week and the U.S Read More

Laredo Petroleum Announces Appointment of Frances Powell Hawes to Board of Directors

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TULSA, OK, Dec. 17, 2018 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) today announced the appointment of Frances Powell Hawes to the Company’s Board of Directors (the “Board”). Ms. Powell Hawes’ appointment as an independent director and membership on the Board’s Audit and Nominating and Corporate Governance committees is effective Read More

Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow

1 day ago DieselGasoil Comments Off on Gran Tierra Energy Inc. Announces Operational Update and 2019 Guidance: 12 to 18% Production Growth within Cash Flow
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (NYSE MKT:GTE) (TSX:GTE) (LSE:GTE), is pleased to announce an operational update and its 2019 capital budget and production guidance. All dollar amounts are in United States dollars and all production volumes are on a working interest Read More

Japan’s best-selling calendar star revealed… as Putin (PHOTOS)

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Russian President Vladimir Putin is surpassing dashing Japanese heartthrobs in 2019 calendar sales thanks to an unexpected legion of young fans. The calendar, exclusively sold by popular Japanese chainstore Loft, has reportedly surpassed all other ‘celebrity’ calendars – including those of native superstars. 2019 Putin calendar anyone? 😳Sunbathing ✅With an umbrella ✅In a bath ✅With binoculars Read More

Saudis condemn US 'interference' over Khashoggi death

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Saudi Arabia has rejected the US Senate’s conclusion that its crown prince was responsible for the murder of journalist Jamal Khashoggi. In an unusually strong rebuke of the Senate, the kingdom said a resolution it drafted last week “contained blatant interferences” in its internal affairs and undermines its regional and international role. Saudi has continually Read More

Weir Oil and Gas awarded contract with Expro for repair of Powerchoke products

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12/16/2018 DUBAI — Weir Oil & Gas Dubai has announced it has signed a contract with Expro to provide authorized repairs, specifically for Expro’s PowerChokes product range. The authorized repair facility agreement will see Expro customers send products to Weir Oil & Gas Dubai’s facility to capitalize on Weir’s original equipment manufacturer repair and recertification Read More

U.S. oil surge makes Bank of Russia skeptical on OPEC+ success

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By Olga Tanas on 12/16/2018 MOSCOW (Bloomberg) — Russia’s central bank is not convinced that OPEC and its allies’ supply cuts can revive the oil market as it’s being countered by surging U.S. production. The Bank of Russia cut its crude price outlook for next year to $55 a barrel from $63 on higher supply Read More

West Coast fish stocks recovery allows big hike in catch limits

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LOS ANGELES (Reuters) – The U.S. government is going ahead with sharply higher catch limits next year for West Coast groundfish, citing a rebound in bottom-dwelling stocks once so depleted by over-fishing that commercial harvests were virtually halted 20 years ago. A Pacific Ocean perch, a species of West Coast groundfish, is shown in this Read More