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Himalayan glaciers melting far faster this century: study

1 week ago DieselGasoil Comments Off on Himalayan glaciers melting far faster this century: study
LONDON (Reuters) – Himalayan glaciers have been melting twice as fast since the start of this century, underscoring the threat the climate crisis poses to water supplies for hundreds of millions of people across Asia, according to a study published on Wednesday. FILE PHOTO: Wind blows snow off the summit at dusk of the world’s Read More

Anadarko announces FID on Area 1 Mozambique LNG project

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6/19/2019 HOUSTON — Anadarko Petroleum Corporation and the co-venturers in Mozambique’s Offshore Area 1, today announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declaration of FID confirms the Area 1 Plan of Development is now effective, with notice provided to the Government of Mozambique that all conditions Read More

Anadarko approves $20 billion LNG export project in Mozambique

1 week ago DieselGasoil Comments Off on Anadarko approves $20 billion LNG export project in Mozambique
LONDON (Reuters) – U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie. FILE PHOTO: The logo for Anadarko Petroleum corp. Read More

Uber’s IPO underwriters recommend buying, estimate deep losses

3 weeks ago DieselGasoil Comments Off on Uber’s IPO underwriters recommend buying, estimate deep losses
SAN FRANCISCO (Reuters) – The underwriters of Uber Technologies’ initial public offering on Tuesday overwhelmingly recommended the company’s shares, even as they estimated deeper losses than previously expected for the ride-hailing service this year. FILE PHOTO: Traders work near the post where Uber is traded on the floor at the New York Stock Exchange (NYSE) Read More

ION completes development of next-generation ocean bottom technology

3 weeks ago DieselGasoil Comments Off on ION completes development of next-generation ocean bottom technology
6/3/2019 HOUSTON — ION Geophysical Corporation has announced the completion of all 4Sea system components designed to revolutionize the safety, efficiency, quality and turnaround time of seabed data acquisition and imaging. Next-generation ocean bottom technology provides an opportunity to drastically improve the economics of today’s very expensive surveys to significantly expand the number of fields Read More

Rice urges EQT shareholders to vote for transformational change

1 month ago DieselGasoil Comments Off on Rice urges EQT shareholders to vote for transformational change
5/21/2019 CARNEGIE — Toby Z. Rice and Derek A. Rice, shareholders of EQT Corporation, with an approximately 3% ownership interest, today filed a definitive proxy statement and sent a letter to EQT shareholders outlining their comprehensive plan to transform EQT into a modern and efficient energy producer capable of driving improved shareholder returns. Shareholders are Read More

Covia Announces Management Change

2 months ago DieselGasoil Comments Off on Covia Announces Management Change
Board Chairman Richard Navarre Appointed Interim Chief Executive Officer Jenniffer Deckard Steps Down as Chief Executive Officer INDEPENDENCE, Ohio, May 09, 2019 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA), a leading provider of mineral-based and material solutions for the Industrial and Energy markets, today announced that Richard Navarre, Covia’s Chairman of the Board of Directors, has been Read More

Occidental investor set to vote against board due to Anadarko bid

2 months ago DieselGasoil Comments Off on Occidental investor set to vote against board due to Anadarko bid
HOUSTON (Reuters) – T. Rowe Price Group Inc said on Monday it intends to vote against the Occidental Petroleum Corp board of directors because the company will not allow shareholders to vote on its bid for Anadarko Petroleum Corp, which T. Rowe Price and other shareholders oppose. FILE PHOTO: The Occidental Petroleum Corp headquarters is Read More