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Stockholders of Resolute Energy Approve Merger with Cimarex Energy Co.

15 hours ago DieselGasoil Comments Off on Stockholders of Resolute Energy Approve Merger with Cimarex Energy Co.
DENVER, Feb. 22, 2019 (GLOBE NEWSWIRE) — Resolute Energy Corporation (NYSE: REN) (“Resolute” or the “Company”) today announced that at a special meeting of stockholders held earlier today, Resolute’s stockholders voted to approve the adoption of the merger agreement between Resolute and Cimarex Energy Co. (“Cimarex”).  15,950,431 shares voted in favor of the proposal to adopt Read More

Just Energy Group Inc. Announces Repurchase of US$60,200,000 of its 2019 Convertible Bonds

2 days ago DieselGasoil Comments Off on Just Energy Group Inc. Announces Repurchase of US$60,200,000 of its 2019 Convertible Bonds
TORONTO, Feb. 21, 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, announced today that it has repurchased US$60,200,000 in aggregate principal amount of its 6.50 percent convertible Read More

Neptune Energy submits development plans for Duva, Gjøa P1

2 days ago DieselGasoil Comments Off on Neptune Energy submits development plans for Duva, Gjøa P1
2/21/2019 Duva field. Photo: Neptune Energy. ABERDEEN — Neptune Energy has submitted development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020 or early 2021. Total recoverable resources are estimated to be 120 MMboe (Total of Read More

Petroteq Energy Announces Production of Oil

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Sherman Oaks, CA, Feb. 21, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Petroteq Energy Inc.(the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated oil and gas company, is pleased to announce that it has completed its first maintenance turnaround at its oil sands processing facility (the “Plant”) located near Vernal, Utah, and has recommenced the production of oil from the Read More

Remain or leave? Carmakers confront hard Brexit choices

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ST ATHAN, Wales/GAYDON, England (Reuters) – In three cavernous former Royal Air Force hangars at an old airbase in Wales, luxury carmaker Aston Martin is forging ahead with construction of a new vehicle assembly plant. A general view of the Aston Martin production line at their world headquarters in Gaydon, Britain, February 14, 2019. REUTERS/Andrew Read More

SK Hynix plans to spend $107 billion building four memory chip plants

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SEOUL (Reuters) – South Korea’s SK Hynix Inc on Thursday said it would spend $107 billion building four factories, as the memory chip maker seeks to maintain its competitiveness in the face of Chinese efforts to become a leading chipmaking nation. The logos of SK Hynix is seen at its headquarters in Seongnam, South Korea, Read More

Parkland Fuel Corporation Announces Date of 2018 Fourth Quarter & Year-End Results

3 days ago DieselGasoil Comments Off on Parkland Fuel Corporation Announces Date of 2018 Fourth Quarter & Year-End Results
CALGARY, Alberta, Feb. 20, 2019 (GLOBE NEWSWIRE) — Parkland Fuel Corporation (“Parkland”, the “Company”) (TSX:PKI) expects to announce 2018 fourth quarter and year-end results after markets close on Thursday, February 28, 2019. A conference call and webcast will then be held at 6:30 a.m. MST (8:30 a.m. EST) on Friday March 1, 2019 to discuss Read More

Think of the billions! UK’s Hunt urges Germany to drop Saudi arms sales ban

3 days ago DieselGasoil Comments Off on Think of the billions! UK’s Hunt urges Germany to drop Saudi arms sales ban
UK Foreign Secretary Jeremy Hunt has pleaded with his German counterpart to drop Berlin’s ban on weapons exports to Saudi Arabia, fearing it will damage the bottom line of UK and European arms manufacturers. In a private letter to German Foreign Minister Heiko Maas ahead of a trip to Berlin Wednesday, Hunt said he was Read More

Tecogen Secures $8.4M Trigeneration Project in Manhattan

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WALTHAM, Mass., Feb. 20, 2019 (GLOBE NEWSWIRE) — Tecogen Inc. (NASDAQ: TGEN), a clean energy company providing ultra-efficient, clean, natural gas powered on-site power, heating and cooling equipment, is pleased to announce an $8.4 million Turnkey Engineering, Procurement, and Construction Services contract to install a 1 MW trigeneration plant at a data center located in Read More

Sainsbury's-Asda deal in jeopardy as UK regulator condemns plan

3 days ago DieselGasoil Comments Off on Sainsbury's-Asda deal in jeopardy as UK regulator condemns plan
LONDON (Reuters) – Britain’s competition regulator has dealt a potentially fatal blow to Sainsbury’s planned $9.5 billion takeover of Walmart’s Asda, saying it was unlikely the companies would be able to address its “extensive” concerns about the deal. FILE PHOTO: A man walks past branches of ASDA and Sainsbury’s in Stockport, Britain April 30, 2018. Read More