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GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

31 mins ago DieselGasoil Comments Off on GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution
Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More

German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks

3 hours ago DieselGasoil Comments Off on German bank merger hopes crumble as Deutsche Bank and Commerzbank scrap talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-bank. FILE PHOTO: Outside view of Deutsche Bank and Commerzbank headquarters in Frankfurt, Germany, March 18, 2019. REUTERS/Ralph Orlowski/File Photo After nearly six weeks of talks, Germany’s two 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

Visa profit jumps, lower cross-border volume weighs on shares

14 hours ago DieselGasoil Comments Off on Visa profit jumps, lower cross-border volume weighs on shares
(Reuters) – Visa Inc reported higher expenses and lower spending by people using its cards abroad on Wednesday even as increased overall consumer spending drove quarterly profit 14 percent higher. FILE PHOPTO: Security staff stand next to a Visa logo at Murtala Muhammed International Airport before the arrival of the Nigerian Women’s Bobsled Team, in 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

Oxy faces a heavyweight in Anadarko Prize Fight

15 hours ago DieselGasoil Comments Off on Oxy faces a heavyweight in Anadarko Prize Fight
By Liam Denning on 4/24/2019 WASHINGTON (Bloomberg Opinion) — Anadarko Petroleum’s executives will be big winners in bidding war. Oh yeah, and the shareholders, too. It’s been a bruising 24 hours for CEO Al Walker and the board. First, it emerged the board had tweaked severance terms in favor of the c-suite just a day Read More

Oil States Announces First Quarter 2019 Results of Operations

16 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

16 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. judge suspends Blackstone lawsuit against Italy’s RCS over Milan HQ

17 hours ago DieselGasoil Comments Off on U.S. judge suspends Blackstone lawsuit against Italy’s RCS over Milan HQ
MILAN (Reuters) – A New York judge has put on hold a lawsuit by U.S. private equity firm Blackstone Group LP against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, pending the outcome of an arbitration in Italy. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at Read More

U.S. judge suspends Blackstone’s lawsuit against Italian media group: sources

18 hours ago DieselGasoil Comments Off on U.S. judge suspends Blackstone’s lawsuit against Italian media group: sources
MILAN (Reuters) – A New York judge has suspended a lawsuit brought by U.S. private equity fund Blackstone against Italian publisher RCS Mediagroup over the disputed sale of real estate assets, two sources close to the matter said on Wednesday. FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post Read More