newszine

Quadriga: The cryptocurrency exchange that lost $135m

11 hours ago DieselGasoil Comments Off on Quadriga: The cryptocurrency exchange that lost $135m
When the 30-year-old founder of a Canadian cryptocurrency exchange died suddenly, he took the whereabouts of some C$180m ($135m; £105m) in cryptocurrency to his grave. Now, tens of thousands of Quadriga CX users are wondering if they will ever see their funds again. In 2014, one of the world’s biggest online cryptocurrency exchanges – MtGox Read More

Apergy Reports Fourth Quarter and Full Year 2018 Results

11 hours ago DieselGasoil Comments Off on Apergy Reports Fourth Quarter and Full Year 2018 Results
Revenue of $311 million in Q4-18, up 17% year-over-year Net income of $23 million and adjusted net income of $28 million in Q4-18 Diluted EPS of $0.29 and adjusted diluted EPS of $0.36 in Q4-18 Adjusted EBITDA of $78 million in Q4-18, up 37% year-over-year with adjusted EBITDA margins improving 370 basis points to 25% Read More

Transocean Ltd. Reports Fourth Quarter, Full Year 2018 Results

11 hours ago DieselGasoil Comments Off on Transocean Ltd. Reports Fourth Quarter, Full Year 2018 Results
Total contract drilling revenues were $748 million, compared with $816 million in the third quarter of 2018; Revenue efficiency(1) was 96%, compared with 95% in the prior quarter; Operating and maintenance expense was $497 million, compared with $447 million in the prior period; Net loss attributable to controlling interest was $242 million, $0.48 per diluted share, compared with net loss attributable to Read More

TransGlobe Energy Corporation Announces an Addition to the Executive Management Team and Recent Management Changes

1 day ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces an Addition to the Executive Management Team and Recent Management Changes
CALGARY, Alberta, Feb. 18, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces an addition to the executive management team and recent management appointments. EXECUTIVE MANAGEMENT ADDITION Following a robust executive search, the Company is very pleased to announce that Geoffrey (Geoff) Probert has accepted an offer to join the Company as Read More

Rowan receives clearance for Ensco merger

1 day ago DieselGasoil Comments Off on Rowan receives clearance for Ensco merger
2/17/2019 Photo: Rowan Renaissance. HOUSTON — Rowan Companies plc has announced that it has received clearance from the United Kingdom’s Competition and Markets Authority for its pending combination with Ensco plc. As disclosed on Jan. 29, 2019, Rowan and Ensco have amended the Transaction Agreement the companies entered into on Oct. 7, 2018. Under the Read More

Unopened vintage 'Super Mario Bros.' video game sells for $100G, setting new world record

2 days ago DieselGasoil Comments Off on Unopened vintage 'Super Mario Bros.' video game sells for $100G, setting new world record
An unopened 1985 copy of the iconic “Super Mario Bros.” video game has been sold for $100,150. The sale set a new world record for a graded video game, according to Heritage Auctions, which participated in the purchase. The classic Nintendo title was graded by experts at Wata Games and received a “Near Mint” grade Read More

If you can’t bit them, coin them: Bitcoin-skeptic JP Morgan reveals its own cryptocurrency

4 days ago DieselGasoil Comments Off on If you can’t bit them, coin them: Bitcoin-skeptic JP Morgan reveals its own cryptocurrency
Just a few weeks after JP Morgan declared cryptocurrencies like Bitcoin to only have value in a post-capitalist dystopia, the $2.5tn banking giant announced its own blockchain-based “JPM Coin” – should we be worried? While many cryptocurrency enthusiasts are both pained and confused to see the words “blockchain” and “corporate-payments” used in a sentence together, Read More

Encana completes acquisition of Newfield Exploration

4 days ago DieselGasoil Comments Off on Encana completes acquisition of Newfield Exploration
2/14/2019 Photo: Encana’s Montney location. CALGARY — Encana Corporation has announced that it has completed its acquisition of Newfield Exploration Company in an all-stock transaction. This acquisition creates North Americas premier resource company with large-scale positions in the core of the Permian, Anadarko and Montney, said Doug Suttles, Encana president & CEO. Our multi-basin portfolio Read More

Turner Announces Acquisition of Veteran-Owned American Parking Control

5 days ago DieselGasoil Comments Off on Turner Announces Acquisition of Veteran-Owned American Parking Control
HOUSTON, Feb. 14, 2019 (GLOBE NEWSWIRE) — West Announcement – Turner Valley Oil and Gas, Inc. (the “Company”) (OTC: TVOG), a company focused on capitalizing on technology-forward American infrastructure expansion, is pleased to announce that Turner has completed an acquisition agreement with O&S Builders, Inc. dba American Parking Control (“APC”), an all-encompassing construction services company located Read More

Harvest Oil & Gas Announces Divestiture of San Juan Basin Assets and Sale of Magnolia Oil & Gas Corporation Shares

5 days ago DieselGasoil Comments Off on Harvest Oil & Gas Announces Divestiture of San Juan Basin Assets and Sale of Magnolia Oil & Gas Corporation Shares
HOUSTON, Feb. 14, 2019 (GLOBE NEWSWIRE) — Harvest Oil & Gas Corp. (OTCQX: HRST) (“Harvest” or the “Company”) today announced that it has entered into a definitive agreement to sell all of its interests in the San Juan Basin in New Mexico and Colorado to an undisclosed buyer for $42.8 million (subject to purchase price Read More