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China bans Australian coal imports as diplomatic tensions over Huawei intensify

38 mins ago DieselGasoil Comments Off on China bans Australian coal imports as diplomatic tensions over Huawei intensify
One of China’s biggest ports has put restrictions on shipments of coal from Australia, its top supplier of anthracite, casting a shadow upon Australia’s second largest export earner. The Port of Dalian is set to cap overall coal imports from all sources at 12 million tons until the end of 2019, according to an official Read More

ALPHA ENERGY, INC. entered into a Purchase and Sale Agreement with Chicorica, LLC. The Agreement is to acquire oil and gas assets in New Mexico in the Rayado Project.

7 hours ago DieselGasoil Comments Off on ALPHA ENERGY, INC. entered into a Purchase and Sale Agreement with Chicorica, LLC. The Agreement is to acquire oil and gas assets in New Mexico in the Rayado Project.
HOUSTON, Feb. 21, 2019 (GLOBE NEWSWIRE) — Alpha Energy, Inc. (OTC.PK – APHE) (“Alpha”) announced today a definitive Purchase and Sale Agreement with Chicorica, LLC, to acquire oil and gas assets in New Mexico in the Rayado Project. Rayado Project The Rayado Project is a conventional exploration prospect in New Mexico targeting a seismically-defined structure. Read More

Southwest shares drop as mechanics dispute escalates

20 hours ago DieselGasoil Comments Off on Southwest shares drop as mechanics dispute escalates
(Reuters) – Southwest Airlines Co’s shares fell more than 5 percent on Wednesday after the low-cost U.S. carrier said it was investigating whether a conflict with its mechanics union was leading to a spike in flight cancellations. The escalating labor dispute, one of the biggest to hit a top-four U.S. airline in more than a Read More

January FOMC minutes: Little risk in pause

1 day ago DieselGasoil Comments Off on January FOMC minutes: Little risk in pause
(Reuters) – Federal Reserve policymakers thought pausing on U.S. interest rate hikes last month posed little risk and plenty of benefit, minutes from their Jan. 29-30 meeting showed, giving them time to assess the effects of a global slowdown and the Fed’s rate hikes to date on U.S. economic momentum. The Federal Reserve building is Read More

Pieridae Energy Limited Announces Fully-Subscribed Brokered Private Placement

1 day ago DieselGasoil Comments Off on Pieridae Energy Limited Announces Fully-Subscribed Brokered Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATES CALGARY, Alberta, Feb. 20, 2019 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has been advised by the syndicate of investment dealers co-led by KES 7 Capital Inc. and National Bank Financial Read More

Wall St. set to open slightly lower with focus on trade talks

1 day ago DieselGasoil Comments Off on Wall St. set to open slightly lower with focus on trade talks
(Reuters) – U.S. stock index futures were slightly lower on Wednesday after a handful of downbeat earnings reports, while investors weighed the latest developments in trade talks between the United States and China. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid President Read More

LendingClub forecasts bigger-than-expected first-quarter loss

1 day ago DieselGasoil Comments Off on LendingClub forecasts bigger-than-expected first-quarter loss
(Reuters) – Online lender LendingClub Corp forecast a bigger-than-expected first-quarter loss on Tuesday, and revenue that missed Wall Street estimates, sending its shares down 5 percent in after-market trading. FILE PHOTO: A Lending Club banner hangs on the facade of the the New York Stock Exchange in New York, New York, United States December 11, Read More

Update from EMGS

2 days ago DieselGasoil Comments Off on Update from EMGS
Electromagnetic Geoservices ASA (“EMGS” or the “Company”) is pleased to announce that the Company has received a letter of award from an undisclosed customer for a proprietary data acquisition survey in south-east Asia. The total contract value of the survey is estimated to be in excess of USD 20 million.  Based on the letter of Read More

Walmart holiday-quarter sales jump, says consumers still spending

2 days ago DieselGasoil Comments Off on Walmart holiday-quarter sales jump, says consumers still spending
(Reuters) – Walmart Inc posted its strongest holiday quarter in at least a decade on Tuesday, boosted by higher grocery and e-commerce sales, and said it saw no signs of weakness in U.S. consumer spending despite recent signs of a slowdown. Online sales jumped 43 percent in the quarter helped in particular by the expansion Read More