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Egypt returns to LNG exports club seeking to sell cargoes

4 days ago DieselGasoil Comments Off on Egypt returns to LNG exports club seeking to sell cargoes
By Stephen Stapczynski, Anna Shiryaevskaya and Salma El Wardany on 3/15/2019 SINGAPORE and LONDON (Bloomberg) — Egypt indicated it’s ready to rejoin the club of major exporters of liquefied natural gas, making its biggest offer to supply the market in at least five years. The state gas company EGAS tendered to sell four cargoes of Read More

RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results

5 days ago DieselGasoil Comments Off on RigNet Announces Fourth Quarter and Full Year 2018 Earnings Results
Quarterly revenue of $60.2 million; net loss of $49.7 million or $2.62 per share Full year 2018 revenue of $238.9 million; net loss of $62.5 million or $3.34 per share Quarterly and full year results include a $50.6 million non-cash charge, net of previous accruals, for the Phase I interim GX ruling (the GX Charge), Read More

‘Influencing human behavior’: UK MoD-funded psychological research project leaked

6 days ago DieselGasoil Comments Off on ‘Influencing human behavior’: UK MoD-funded psychological research project leaked
The UK Defense Ministry is actively looking for a contractor for its new psychological research, which is allegedly aimed at boosting troops’ performance and well-being. Some details of the project are quite unnerving, though. The ministry’s agency known as the Defense Science and Technology Laboratory (DSTL) has been seeking contributions from specialists in the fields Read More

McPhy Energy : a positive start to 2019 despite an operating income fall in 2018 as expected

1 week ago DieselGasoil Comments Off on McPhy Energy : a positive start to 2019 despite an operating income fall in 2018 as expected
 Press Release McPhy: a positive start to 2019 despite an operating income fall in 2018 as expected A 21% drop in revenue in 2018 compared to 2017, due notably (and as previously announced) to delays in the finalization of several orders As expected operating income for 2018 is 47% lower than in 2017, at -€9.4 Read More

SDRL – Successful Completion of Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025

1 week ago DieselGasoil Comments Off on SDRL – Successful Completion of Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025
Hamilton, Bermuda, March 11, 2019 – Seadrill Limited (the “Company”) announces the successful completion of the consent solicitation process to amend certain terms of the indenture and the escrow agreement related to its 12.0% Senior Secured Notes due 2025 (the “Notes”). The consent solicitation expired at 5:00 p.m., New York City time, on March 8, Read More

North Energy ASA – Reminder of share buyback program

2 weeks ago DieselGasoil Comments Off on North Energy ASA – Reminder of share buyback program
Oslo, 7 March 2019 Reference is made to stock exchange notice from 27 February 2019 where North Energy ASA (“North Energy” or the “Company”) announced a share buyback program. This is a reminder of the deadline for accepting the offer, which is Friday 8 March at 1600. North Energy offers the shareholders to sell the Read More

Czech cyber watchdog says its Huawei warning took U.S. by surprise

2 weeks ago DieselGasoil Comments Off on Czech cyber watchdog says its Huawei warning took U.S. by surprise
PRAGUE (Reuters) – The Czech cyber-security watchdog was not pressured by the United States or anyone else into issuing its warning about the possible security risks posed by Chinese telecoms equipment maker Huawei, Prague’s cyber attache to Washington told Reuters. Rather, its December warning took both the United States and Huawei by surprise, Daniel Bagge, Read More

Amplify Energy Announces Fourth Quarter and Full Year 2018 Results, Year-End 2018 Proved Reserves and 2019 Guidance

2 weeks ago DieselGasoil Comments Off on Amplify Energy Announces Fourth Quarter and Full Year 2018 Results, Year-End 2018 Proved Reserves and 2019 Guidance
HOUSTON, March 06, 2019 (GLOBE NEWSWIRE) — Amplify Energy Corp. (OTCQX: AMPY) (“Amplify” or the “Company”) announced today its operating and financial results for the fourth quarter and full year 2018, year-end 2018 proved reserves and provided guidance for the first quarter and full year 2019.  Key Fourth Quarter Events and Strategic Updates Repurchased 2,916,667 Read More

North Energy ASA – Share buyback program

3 weeks ago DieselGasoil Comments Off on North Energy ASA – Share buyback program
Oslo, 27 February 2019 Reference is made to the stock exchange notice from 20 February 2019 where North Energy ASA announced several key measures to simplify the corporate structure and to initiate a shareholder incentive program. As part of the shareholder incentive program the Company now put forth a buyback offer to shareholders, where shareholders Read More

North Energy ASA – Results for the fourth quarter 2018

3 weeks ago DieselGasoil Comments Off on North Energy ASA – Results for the fourth quarter 2018
Oslo, 27 February 2019 North Energy ASA (“North Energy” or “Company”) recorded a comprehensive loss of NOK 15.6 million in the fourth quarter of 2018, resulting in a comprehensive loss of NOK 35.0 million for the full year. The loss reported for the quarter is mainly driven by a net loss in financial investments of Read More