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Gazprom Neft demonstrates solid growth across all key financial indicators in 2018

14 mins ago DieselGasoil Comments Off on Gazprom Neft demonstrates solid growth across all key financial indicators in 2018
2/21/2019 Photo: Gazprom Neft. MOSCOW — Revenue for fiscal-year 2018 amounted to $37.9 million (RUB 2,489 billion) , a 28.7% increase year-on-year. Adjusted EBITDA grew by more than 45.1% year-on-year to $12.2 billion (RUB 799.5 billion). This increase reflects positive dynamics of the oil price, improvements in operational efficiency, and continued production growth at the Read More

Equiinor: Natural gas contributes to the low carbon future

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2/21/2019 Photo: Irene Rummelhoff, Equinor’s executive V.P. for marketing, midstream and processing. STAVANGER — Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29% from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around Read More

De Beers says lab-grown diamond wholesale prices fall by up to 60 percent

2 hours ago DieselGasoil Comments Off on De Beers says lab-grown diamond wholesale prices fall by up to 60 percent
LONDON (Reuters) – Wholesale prices for lab-grown diamonds have fallen by up to 60 percent since De Beers began selling synthetic stones for jewelry in September, CEO Bruce Cleaver said on Thursday, adding margins for the sector would continue to fall. Lab grown diamond jewelry displayed at Pure Grown Diamonds headquarters in Woodbridge, New Jersey, 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

Noble Energy announces 2018 results, provides 2019 guidance

2 days ago DieselGasoil Comments Off on Noble Energy announces 2018 results, provides 2019 guidance
2/19/2019 Photo: Noble Energy Chairman and CEO Dave Stover. HOUSTON — Noble Energy, Inc. has announced fourth quarter and full-year 2018 financial and operating results. In addition, the company will be focused on delivering sustainable organic free cash flow in 2020 and beyond. Fourth quarter highlights  Organic capital expenditures funded by Noble Energy totaled $643 Read More

British start-up breeds high performance bugs for animal feed

2 days ago DieselGasoil Comments Off on British start-up breeds high performance bugs for animal feed
LONDON (Reuters) – After centuries of selective breeding of animals and plants to maximize yields in agriculture, bugs are getting the same treatment, as demand for insect protein grows. British start-up Beta Bugs is breeding high performance strains of black soldier fly for the insect feed sector, and is selecting traits like growth rate, protein Read More

SJI Declares Quarterly Dividend

2 days ago DieselGasoil Comments Off on SJI Declares Quarterly Dividend
Folsom, Feb. 19, 2019 (GLOBE NEWSWIRE) —                                                                                                 Media Contact:  Marissa Travaline(609) 561-9000 ext. 4227mtravaline@sjindustries.com                                                                                                           Investor Contact: Dan Fidell(609) 561-9000 ext. 7027dfidell@sjindustries.com FOR IMMEDIATE RELEASE SJI Declares Quarterly Dividend FOLSOM, NJ, February 19, 2018 – SJI’s (NYSE: SJI) board of directors declared its regular dividend of $0.28750 per share for the first Read More

Environmentalists seek tougher EU curbs on Balkan coal power plants

2 days ago DieselGasoil Comments Off on Environmentalists seek tougher EU curbs on Balkan coal power plants
SARAJEVO (Reuters) – Environmentalists urged EU policy makers on Tuesday to take a tougher stance on air pollution from coal power plants in the Western Balkans, blaming the fumes for 3,900 deaths across Europe each year. FILE PHOTO: Smoke rises from coal-fired power plant in Obilic near Pristina, Kosovo November 1, 2018. REUTERS/Hazir Reka/File Photo Read More

British lawmakers call on government to put an end to throwaway fashion

3 days ago DieselGasoil Comments Off on British lawmakers call on government to put an end to throwaway fashion
MADRID (Reuters) – A cross-party group of British lawmakers recommended on Tuesday that brands and retailers in the fashion industry should pay a penny per garment to fund better clothing waste collection following an eight-month inquiry into the sector. The British buy more clothes per person than any other country in Europe, the report published Read More