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Electric vehicles reducing oil consumption

8 hours ago DieselGasoil Comments Off on Electric vehicles reducing oil consumption
By Dan Murtaugh on 3/19/2019 SINGAPORE (Bloomberg) — Electric vehicles are taking ever-bigger bites out of global oil demand, but they haven’t yet caught up with the growing size of the pie. Gasoline and diesel (gasoil) displacement by electric vehicles will grow by 96,000 bpd this year, BloombergNEF said in a report Tuesday. That brings Read More

TransGlobe Energy Corporation Announces Director/PDMR Shareholding

15 hours ago DieselGasoil Comments Off on TransGlobe Energy Corporation Announces Director/PDMR Shareholding
CALGARY, Alberta, March 19, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (AIM & TSX:  “TGL” & NASDAQ:  “TGA”) announces that it was notified on March 18, 2019 that on the same day Edward LaFehr acquired common shares as follows: PDMR Number ofCommon SharesAcquired Price ($CDN) Number of CommonShares held following thetransaction % Read More

Contango Announces Fourth Quarter and Full Year 2018 Financial Results

23 hours ago DieselGasoil Comments Off on Contango Announces Fourth Quarter and Full Year 2018 Financial Results
HOUSTON, March 18, 2019 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today its financial results for the fourth quarter and year ended December 31, 2018.  Fourth Quarter 2018 Highlights Production of 3.7 Bcfe for the quarter (39.8 Mmcfed, 42% liquids); within previously provided guidance, despite late Read More

Wall St. advances ahead of Fed policy meeting

1 day ago DieselGasoil Comments Off on Wall St. advances ahead of Fed policy meeting
NEW YORK (Reuters) – Banks and tech helped lead Wall Street higher on Monday, while Boeing and Facebook were a drag and investors eyed this week’s U.S. Federal Reserve meeting for affirmation of its commitment to “patient” monetary policy. FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in Read More

Spring weather to bring more floods to waterlogged U.S. Plains states

1 day ago DieselGasoil Comments Off on Spring weather to bring more floods to waterlogged U.S. Plains states
(Reuters) – The U.S. Central Plains states could face more flooding this week as rising temperatures accelerate snow melt across the region, weather forecasters said Monday. Highway 281 is seen damaged after a storm triggered historic flooding, in Niobrara, Nebraska, U.S. March 16, 2019. Office of Governor Pete Ricketts/Handout via REUTERS Floods in the aftermath Read More

Cathay Pacific says budget airline would serve 'unique market segment'

2 days ago DieselGasoil Comments Off on Cathay Pacific says budget airline would serve 'unique market segment'
SINGAPORE (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd, in talks to buy low-cost carrier Hong Kong Express Airways, believes budget airlines have a “unique market segment” it does not capture at present, Chief Executive Rupert Hogg said on Monday. FILE PHOTO: A Cathay Pacific self check-in machine is displayed at Hong Kong Airport in Read More

Texas LNG Receives United States Federal Energy Regulatory Commission Final Environmental Impact Statement

2 days ago DieselGasoil Comments Off on Texas LNG Receives United States Federal Energy Regulatory Commission Final Environmental Impact Statement
Houston, Texas, USA, March 17, 2019 (GLOBE NEWSWIRE) — The United States Federal Energy Regulatory Commission (“FERC”) has issued the Final Environmental Impact Statement (“FEIS”) for Texas LNG Brownsville LLC’s (“Texas LNG Brownsville”) proposed 2 train, 4 million tonnes per annum (“MTA”) LNG export facility located in the Port of Brownsville, Texas (the “Project”). The Read More

More flooding expected for devastated U.S. plains states

2 days ago DieselGasoil Comments Off on More flooding expected for devastated U.S. plains states
(Reuters) – There was no let up in sight for devastating floods across the U.S. Central Plains states that have already killed two people, torn apart homes and businesses and cut off small towns, forecasters said on Sunday. Water levels were expected to rise through the week, according to the National Weather Service, prompting evacuations Read More

Record floods engulf U.S. Central states, rivers to rise in days ahead

2 days ago DieselGasoil Comments Off on Record floods engulf U.S. Central states, rivers to rise in days ahead
Highway 281 is seen damaged after a storm triggered historic flooding, in Niobrara, Nebraska, U.S. March 16, 2019. Office of Governor Pete Ricketts/Handout via REUTERS (Reuters) – Rains that melted a historic snowpack swamped U.S. Central Plains states with record floods on Sunday, breeching river levees and causing two deaths. With water levels expected to Read More