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As bond e-trading takes off, debt sales business may be ripe for automation

14 hours ago DieselGasoil Comments Off on As bond e-trading takes off, debt sales business may be ripe for automation
LONDON (Reuters) – With banks’ bond trading desks increasingly going electronic, another of the last bastions of old-school banking – the business of helping companies and countries raise capital – may be about to succumb to the tide of technology. FILE PHOTO: People walk through the Canary Wharf financial district of London, Britain, December 7, Read More

Tenaris receives $1.9 billion tubulars and services contract from ADNOC

15 hours ago DieselGasoil Comments Off on Tenaris receives $1.9 billion tubulars and services contract from ADNOC
8/23/2019 ABU DHABI – Tenaris announced that ADNOC has awarded it a long-term contract for the provision of tubulars and Rig Direct® services over the next five years, with a total value of $1.9 billion with the possibility of a two-year extension. The award forms part of an initiative by ADNOC to secure smart procurement Read More

Swedish regulator delays Swedbank money-laundering probe report

16 hours ago DieselGasoil Comments Off on Swedish regulator delays Swedbank money-laundering probe report
FILE PHOTO: Swedbank signs are seen on the bank’s Latvian head office in Riga, Latvia, April 9, 2019. REUTERS/Ints Kalnins STOCKHOLM (Reuters) – The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, it said on Friday, pushing back Read More

Precision Announces Approval of Normal Course Issuer Bid

16 hours ago DieselGasoil Comments Off on Precision Announces Approval of Normal Course Issuer Bid
CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later Read More

Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel

16 hours ago DieselGasoil Comments Off on Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel
CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”) announced today the appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David H. Izett as Senior Vice President, General Counsel, effective September 9, 2019. Mr. Bishnoi is a proven Chief Financial Officer with over 20 Read More

Maersk Drilling releases Interim Financial Report for the first half of 2019: Delivering according to plan

20 hours ago DieselGasoil Comments Off on Maersk Drilling releases Interim Financial Report for the first half of 2019: Delivering according to plan
Today, the Board of Directors of The Drilling Company of 1972 A/S (“Maersk Drilling”) has adopted the Interim Financial Report for the first half of 2019: Financial performance for the first half of 2019 (first half of 2018 in brackets) Revenue of USD 623m (USD 742m) EBITDA before special items of USD 231m (USD 309m) Read More

FRO – Frontline to acquire a fleet of Suezmax tankers from Trafigura

20 hours ago DieselGasoil Comments Off on FRO – Frontline to acquire a fleet of Suezmax tankers from Trafigura
Frontline Ltd. (“Frontline”) (NYSE and OSE: FRO), today announced that it has entered into a sale and purchase agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”) and certain related entities to acquire ten Suezmax tankers built in 2019 through the acquisition of a TML special purpose vehicle which holds Read More

Markets doubt Fed’s ability to defend economy, spur inflation

1 day ago DieselGasoil Comments Off on Markets doubt Fed’s ability to defend economy, spur inflation
JACKSON HOLE, Wyo. (Reuters) – The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations. FILE PHOTO: Federal Reserve Chairman Jerome Powell (R) speaks with New York Fed President John Williams and Kansas City Fed President Read More

Westport Fuel Systems Announces New Chief Financial Officer

1 day ago DieselGasoil Comments Off on Westport Fuel Systems Announces New Chief Financial Officer
VANCOUVER, B.C., Aug. 22, 2019 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems“) (TSX:WPRT / Nasdaq:WPRT) today announced the appointment of Richard Orazietti as Chief Financial Officer (“CFO“) effective September 3, 2019. Mr. Orazietti has had a distinguished career as a finance leader with expertise across multiple finance disciplines and extensive experience working Read More

DNO ASA: FAPE01 bond buyback

1 day ago DieselGasoil Comments Off on DNO ASA: FAPE01 bond buyback
Oslo, 22 August 2019 – DNO ASA, the Norwegian oil and gas operator, today purchased USD 3.0 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The bonds were purchased at a price of 107.00. Following the bond buyback and prior cancellations due Read More