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Block Energy Plc has recovered 200 bbl of oil during flowback at West Rustavi license, Georgia

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12/14/2018 LONDON — Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that more than 200 bbl of oil were recovered from the legacy vertical well 16a at its West Rustavi permit during a 10-hr flow period. An additional 300 bbl of light oil flowed to Read More

International Petroleum Corp. and BlackPearl Resources Inc. Announce Closing of Strategic Business Combination and Appointment of Director

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TORONTO, Dec. 14, 2018 (GLOBE NEWSWIRE) — International Petroleum Corp. (“IPC“) (TSX, Nasdaq Stockholm: IPCO) and BlackPearl Resources Inc. (“BlackPearl“) (TSX: PXX, Nasdaq Stockholm: PXXS) are pleased to announce the closing today of the strategic business combination of IPC and BlackPearl by way of the previously announced plan of arrangement (the “Arrangement“). In connection with Read More

‘Cleanse them’: Turkey threatens to send troops to Syria’s Manbij unless US removes Kurdish militias

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The US must have Kurdish militias withdraw from the Syrian town of Manbij, Turkish President Recep Tayyip Erdogan said Friday, otherwise he will order his troops to take the key settlement. The threat, delivered during a speech in Istanbul, ramps up Erdogan’s rhetoric targeting the YPG militias. Earlier on Wednesday, he publicly complained that the Read More

Russia says it’s business as usual, EU sanctions extension changes nothing

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The European Union’s economic sanctions against Russia will be extended for another six months, European Council President Donald Tusk has said. The measures targeting Russia’s economy were due to expire next month. “The EU unanimously prolongs economic sanctions against Russia given zero progress in implementation of Minsk agreements,” Tusk said on Twitter. Decision: EU unanimously Read More

Airbus names Mhun as next programs chief

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The logo of Airbus is pictured at the Airbus A330 final assembly line at Airbus headquarters in Colomiers, near Toulouse, France, November 26, 2018. REUTERS/Regis Duvignau PARIS (Reuters) – Airbus (AIR.PA) on Friday named services boss Philippe Mhun as its next head of programs, succeeding defense and commercial aerospace veteran Didier Evrard who is scheduled Read More

‘Police shot at us deliberately': Friend of French woman who lost eye in Yellow Vest clashes to RT

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French police put lives at risk during Yellow Vest protests, RT heard. A friend of a woman who lost her eye at a rally says police was targeting bystanders deliberately, while a reporter claims her helmet was confiscated. A 20-year-old student, identified as Fiorina, came to Paris for a “Yellow Vest” rally last weekend, Maxime Read More

Green Plains and Optimal Fish Food Announce Formation of Aquafeed Joint Venture

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OMAHA, Neb. and BROOKINGS, S.D., Dec. 12, 2018 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) and Optimal Fish Food LLC. today announced the companies have formed Optimal Aquafeed, a 50/50 joint venture to produce high-quality aquaculture feeds utilizing proprietary techniques and high-protein feed ingredients. The joint venture brings together Green Plains’ production capabilities, commodity expertise, Read More

Strasbourg attack not a govt conspiracy to undermine Yellow Vests – Interior Ministry official

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The Strasbourg shooting, which claimed two lives on Tuesday night, was not a secret government ploy to undermine the mass protests gripping France for weeks, contrary to rumors online, a senior official has said. Secretary of State for the Interior Ministry Laurent Nuñez said he was “outraged” by claims that the attack in Strasbourg may Read More

Defunct startup Sidecar sues Uber: 'hell-bent on stifling competition'

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SAN FRANCISCO (Reuters) – Defunct startup Sidecar Technologies Inc, which pioneered on-demand ride-hailing, is suing Uber Technologies Inc, alleging it engaged in predatory pricing and anticompetitive practices that ultimately put Sidecar out of business. FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo The lawsuit, Read More

Cenovus’s 2019 budget demonstrates cost leadership and capital discipline

3 days ago DieselGasoil Comments Off on Cenovus’s 2019 budget demonstrates cost leadership and capital discipline
CALGARY, Alberta, Dec. 11, 2018 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) remains committed to increasing shareholder value through cost leadership, capital discipline and safe and reliable operations. These commitments, in combination with the company’s high-quality upstream assets and joint ownership in strong Refining assets, are expected to further strengthen Cenovus’s ability Read More