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ADM Energy appoints new CEO

18 hours ago DieselGasoil Comments Off on ADM Energy appoints new CEO
7/15/2019 LONDON — ADM Energy, an oil and gas investing company quoted on AIM, has announced the appointment of Osamede Okhomina as Chief Executive Officer with immediate effect. Osamede Okhomina, CEO, ADM Energy. The appointment further strengthens the executive team and Board for the next phase of the Company’s development and follows the non-Board appointment Read More

New Orleans residents huddle at home, and in bars, ahead of hurricane

3 days ago DieselGasoil Comments Off on New Orleans residents huddle at home, and in bars, ahead of hurricane
NEW ORLEANS (Reuters) – Tropical Storm Barry, poised to make landfall as the first Atlantic hurricane of 2019, churned ever closer to Louisiana’s shore early on Saturday as most New Orleans residents huddled at home, or in bars, bracing for the threat of severe flooding. Tropical Storm Barry approaches the coast of Louisiana, U.S. from Read More

‘Life-threatening’ Tropical Storm Barry grinds toward Louisiana

3 days ago DieselGasoil Comments Off on ‘Life-threatening’ Tropical Storm Barry grinds toward Louisiana
NEW ORLEANS (Reuters) – City officials warned New Orleans residents on Friday to secure their homes, stock up on supplies and prepare to huddle indoors with Tropical Storm Barry poised to make landfall as the first Atlantic hurricane of 2019. Barry’s maximum sustained winds were clocked at 65 miles per hour (100 kph) as it Read More

China flood death toll hits 61, over 350,000 evacuated: ministry

4 days ago DieselGasoil Comments Off on China flood death toll hits 61, over 350,000 evacuated: ministry
(This June 14 story corrects in paragraph two to show area of land damaged as 371,100 hectares, not 3.71 million hectares.) SHANGHAI (Reuters) – As many as 61 people have been killed and 356,000 evacuated from their homes as heavy rain and floods swept through large parts of southern and central China this week, Chinese Read More

Berry Petroleum to Report Second Quarter 2019 Results August 7; Hold Conference Call August 8

6 days ago DieselGasoil Comments Off on Berry Petroleum to Report Second Quarter 2019 Results August 7; Hold Conference Call August 8
DALLAS, July 10, 2019 (GLOBE NEWSWIRE) — Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) today announced it will report its second quarter 2019 financial results on Wednesday, August 7, 2019 after the close of U.S financial markets. The Company will host a conference call Thursday, August 8, 2019 to discuss these results: Live Call Read More

Repsol’s Q2 upstream production drops 4% on year amid maintenance

6 days ago DieselGasoil Comments Off on Repsol’s Q2 upstream production drops 4% on year amid maintenance
Barcelona — Repsol’s upstream oil and gas production in the second quarter of 2019 fell 4% year on year and 0.4% from the first quarter, amid maintenance in Trinidad and Tobago, and Peru, the Spanish integrated oil company said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Second Read More

Sarasin cuts Shell stake, criticizing its climate strategy

7 days ago DieselGasoil Comments Off on Sarasin cuts Shell stake, criticizing its climate strategy
LONDON (Reuters) – London-based asset manager Sarasin & Partners has sold nearly 20% of its holdings in Royal Dutch Shell, saying the oil and gas company’s spending plans are out of synch with international targets to battle climate change. A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. Read More

PetroChina worth less than its energy reserves in the ground

7 days ago DieselGasoil Comments Off on PetroChina worth less than its energy reserves in the ground
By Dan Murtaugh and Aibing Guo on 7/9/2019 SINGAPORE and HONG KONG (Bloomberg) — PetroChina looks cheap on many levels, perhaps none more so than comparing it to the value of its reserves beneath the Earth’s surface. By plotting its enterprise value against reserves, China’s state-run oil and gas champion is the cheapest among global Read More