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Asian shares slip; German, Korean data hurt risk appetite

8 hours ago DieselGasoil Comments Off on Asian shares slip; German, Korean data hurt risk appetite
TOKYO (Reuters) – Asian shares slipped on Thursday as a surprise deterioration in German and South Korean economic data rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a Read More

Analysis: Chevron vs. Oxy: Who fits Anadarko better?

10 hours ago DieselGasoil Comments Off on Analysis: Chevron vs. Oxy: Who fits Anadarko better?
By World Oil staff on 4/24/2019 HOUSTON — The third and latest offer (this time publicly) on Wednesday by Occidental Petroleum for Anadarko Petroleum has prompted a discussion among analysts as to whether the large independent’s assets are a better fit with Oxy or Chevron. Less than two weeks ago, Chevron announced that it had Read More

Asian shares dip; euro weighed by sagging German business morale

10 hours ago DieselGasoil Comments Off on Asian shares dip; euro weighed by sagging German business morale
TOKYO (Reuters) – Asian shares slipped on Thursday as a surprise deterioration in German business morale rekindled fears of slowing global growth, while oil prices pulled back slightly after a sharp run-up earlier in the week. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Read More

Talos Energy appoints Shane Young as executive V.P. and CFO

14 hours ago DieselGasoil Comments Off on Talos Energy appoints Shane Young as executive V.P. and CFO
4/24/2019 HOUSTON — Talos Energy Inc. has announced the appointment of Shannon E. young, III as executive V.P. and CFO of Talos, effective May 16, 2019. Michael L. Harding, II, currently executive V.P., CFO, chief accounting officer and treasurer, will continue to serve as the chief accounting officer of the company on an interim basis Read More

Oil hovers near six-month high as U.S. stockpile build counters supply fears

14 hours ago DieselGasoil Comments Off on Oil hovers near six-month high as U.S. stockpile build counters supply fears
NEW YORK (Reuters) – Oil prices hovered near six-month highs on Wednesday after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing Read More

Archrock Announces Quarterly Cash Dividend

14 hours ago DieselGasoil Comments Off on Archrock Announces Quarterly Cash Dividend
HOUSTON, April 24, 2019 (GLOBE NEWSWIRE) — Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced that its Board of Directors has declared a dividend of $0.132 per share of common stock, or $0.528 per share on an annualized basis. The dividend will be paid on May 15, 2019 to all stockholders of record on May 8, Read More

Oil States Announces First Quarter 2019 Results of Operations

15 hours ago DieselGasoil Comments Off on Oil States Announces First Quarter 2019 Results of Operations
HOUSTON, April 24, 2019 (GLOBE NEWSWIRE) — Oil States International, Inc. (NYSE: OIS) reported a net loss for the first quarter of 2019 of $14.6 million, or $0.25 per diluted share on revenues of $250.6 million and Consolidated EBITDA (Note A) of $21.4 million. The reported first quarter 2019 results included severance charges totaling $1.0 million ($0.8 million after-tax, or Read More

Martin Midstream Partners Announces Strategic Initiatives

15 hours ago DieselGasoil Comments Off on Martin Midstream Partners Announces Strategic Initiatives
KILGORE, Texas, April 24, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today strategic initiatives designed to strengthen the balance sheet by reducing leverage and allowing the Partnership to retain earnings to fund growth opportunities.  These initiatives consist of: The previously announced marketing of the Partnership’s gas storage assets. The active Read More

U.S. may not be able to offset Iran oil losses

16 hours ago DieselGasoil Comments Off on U.S. may not be able to offset Iran oil losses
By Sheela Tobben on 4/24/2019 Photo: U.S. Secretary of State Mike Pompeo. NEW YORK (Bloomberg) — Secretary of State Mike Pompeo proclaimed America’s ability to help offset supply losses when the the U.S. vowed to stop any sales of Iranian crude. Maybe, but it would be a stretch. Oil condensate from the Eagle Ford shale Read More

Three-year-old migrant boy found alone and in tears near US border

16 hours ago DieselGasoil Comments Off on Three-year-old migrant boy found alone and in tears near US border
A three-year-old migrant boy was found wandering alone in a Texas cornfield near the US-Mexico border. The boy, in tears, was discovered in the Rio Grande Valley near Brownsville by US Border Patrol agents on Tuesday morning. Officials said his name and a telephone number were written on his shoes. The US Customs and Border Read More