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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

Walmart to create Angus beef supply chain

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FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski (Reuters) – Walmart Inc said on Wednesday it would enter the U.S. beef industry by creating an end-to-end supply chain of Angus beef, as it looks to offer higher quality meat to customers in an Read More

Occidental Makes Superior Proposal to Acquire Anadarko

10 hours ago DieselGasoil Comments Off on Occidental Makes Superior Proposal to Acquire Anadarko
$76.00 Per Share Cash and Stock Proposal Represents Premium of Approximately 20% to Current Value of Transaction Accepted by Anadarko Would Create a $100+ Billion Global Energy Leader with over 1.4 Million Boe/d of Production to Drive Significant Value and Returns for Occidental and Anadarko Shareholders Expected to Be Accretive to Cash Flow and Free Read More

Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers

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(Reuters) – Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. FILE PHOTO: A Cargill logo is pictured on the Provimi Kliba and Protector animal Read More

Superior Energy Services Announces First Quarter 2019 Results

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HOUSTON, April 23, 2019 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the first quarter of 2019 of $47.7 million, or $0.31 per share, on revenue of $467.2 million.  This compares to a net loss from continuing operations of $750.2 million, or $4.85 per share, Read More

Pence to visit Michigan to tout new North American trade deal

1 day ago DieselGasoil Comments Off on Pence to visit Michigan to tout new North American trade deal
WASHINGTON (Reuters) – U.S. Vice President Mike Pence will visit southeast Michigan on Wednesday to make the case that the North American trade deal intended to replace NAFTA would boost the auto industry, the White House said on Tuesday. FILE PHOTO: U.S. Vice President Mike Pence speaks to reporters outside the United Nations Security Council Read More

Oil hits highest since November as U.S. to tighten Iran sanctions

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LONDON (Reuters) – Oil prices hit their highest since November on Tuesday after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next week, pressuring importers to stop buying from Tehran and further tightening global supply. FILE PHOTO: Gas flares from an oil production platform at the Soroush oil fields in the Read More

Samsung recalls Galaxy Fold review samples, postpones launch after slew of issues

1 day ago DieselGasoil Comments Off on Samsung recalls Galaxy Fold review samples, postpones launch after slew of issues
Samsung is recalling all review samples of its new Galaxy Fold device after a slew of bad reviews citing display issues with the device’s trademark screen, just days before its US launch and several key promotional events. The South Korean tech giant has postponed the Fold’s launch indefinitely while it investigates the issue, the company Read More

Tighter U.S. sanctions on Iranian oil will cost Asia but supply will flow

2 days ago DieselGasoil Comments Off on Tighter U.S. sanctions on Iranian oil will cost Asia but supply will flow
SINGAPORE (Reuters) – Asian buyers of Iranian crude are well placed to overcome the end of U.S. sanctions waivers as they have demonstrated they can live without it and as global producers have the capacity to make up a shortfall, according to analysts and trade data. FILE PHOTO: A gas flare on an oil production Read More

New Russian passenger jet to get Russian engines replacing American Pratt & Whitney

2 days ago DieselGasoil Comments Off on New Russian passenger jet to get Russian engines replacing American Pratt & Whitney
Russia’s first post-Soviet large domestic airliner, MC-21-300, has received two of the first 16 domestically-made engines to eventually replace American Pratt & Whitney engines that it currently uses. The Irkut Division of Russia’s state-run United Aircraft Corporation (UAC), which is in charge of the MC-21-300 airliner project, will reportedly receive the next two PD-14 engines Read More