DUBLIN, Dec. 27, 2017 /PRNewswire/ -- The "Global Oilfield Communication Market Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering. Global oilfield communications market is expected to have a CAGR of 7.9% during the forecast period. The market is driven by factors like the increase in global demand for the oil & gas as a result of industrialization, globalization and brisk rise in the per [Read more]
Archives for December 2017
Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 1050 GMT on Wednesday: ** Japan's Mitsubishi UFJ Financial Group (MUFG) said it was cautiously optimistic of winning approval to take control of PT Bank Danamon Indonesia - in what could become the biggest acquisition of an Indonesian firm on record. ** China's Geely Holding , which already owns the Volvo Car Group, is buying an 8.2 percent stake in Swedish truck maker AB Volvo from activist [Read more]
United States Tax Reform Legislation – Implications for Shell
THE HAGUE, Netherlands, December 27, 2017 /PRNewswire/ -- Royal Dutch Shell plc expects the potential economic impact of the recently enacted US tax reform legislation to be favourable to Shell and to its US operations, primarily due to the future reduction in the US corporate income tax rate from 35% to 21%. This change in US tax legislation (effective January 1, 2018) will impact Shell's fourth quarter 2017 results but the analysis of the actual impact is not yet complete. Shell intends to [Read more]
Oil price rise underpins Canadian dollar, greenback eases
The dollar eased against a basket of currencies on Wednesday, while commodity-linked currencies such as the Canadian dollar were underpinned by this week's rally in oil prices. Oil prices had surged to 2-1/2 year highs on Tuesday, boosted by news of an explosion on a Libyan crude pipeline as well as voluntary OPEC-led supply cuts. That helped lend support to the currencies of commodity exporting countries, with the Canadian dollar touching a high of C$1.2678 at one point, its [Read more]
Oil price rise underpins Canadian dollar, greenback steady
The dollar held steady versus a basket of major currencies on Wednesday, while the Canadian currency traded near a three-week peak, drawing support after oil prices climbed to 2-1/2 year highs. The dollar index, which measures the greenback against a basket of six major rivals, was little changed at 93.300. The Canadian dollar last stood at C$1.2694 per U.S. dollar, near Tuesday's peak of C$1.2684, which was the loonie's highest level since Dec. 6. Oil prices surged to 2-1/2 year [Read more]
Western Global Oil Acquires Several Producing Wells in Thomas County, Kansas
RANCHO MIRAGE, Calif., Dec. 26, 2017 /PRNewswire/ -- Western Global Oil is pleased to announce that the company has acquired several oil producing wells in Thomas County, Kansas. The wells are already producing 30 barrels a day with a planned expansion in the future. Western Global Oil is also pledging to purchase 18 wells in Kingfisher County, Oklahoma. The Payne, Woods and Kay Counties also carry potential wells for Western Global Oil's future oil acquisitions. "Western Global Oil follows a [Read more]
Dominion Energy Joins National Effort to Help Rebuild Electric Grid in Puerto Rico
RICHMOND, Va., Dec. 26, 2017 /PRNewswire/ -- More help is on the way to rebuild the ravaged energy grid in Puerto Rico: Today, Dominion Energy Virginia announced it is preparing to send restoration workers and equipment to accelerate ongoing restoration efforts on the island through the mutual aid process. "When the request for help came in, we immediately began making preparations," said Ed Baine, senior vice president of distribution-Dominion Energy. "While the [Read more]
The Day After Christmas 75% Of US Sees Freezing Temperatures
It’s the day after Christmas and millions of Americans across the lower 48 states have experienced temperatures at or below freezing. Tuesday morning saw low temperatures across the continental U.S., according to Weather.us meteorologist Ryan Maue. Millions of Americans already experienced a white Christmas Day, including Erie, Pennsylvania where they got a record 53 inches of snow over a two-day period. Tuesday morning (Dec 26) the avg temperature across Lower 48 was 18°F. 75% at/below [Read more]
CenterPoint Energy to send crews to Puerto Rico in early January to help support power restoration efforts
HOUSTON, Dec. 26, 2017 /PRNewswire/ -- As part of a nationwide, coordinated power restoration plan involving several investor-owned electric companies, CenterPoint Energy, Inc.'s (NYSE: CNP) electric utility is sending 68 employees in early January to accelerate the ongoing power restoration efforts in Puerto Rico. CenterPoint Energy's team will join the more than 1,500 additional restoration crew members from other utilities traveling to the island to support the Puerto Rico Electric Power [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Dec. 22 Pipefitter - Journeyman Strike Group Bonnyville Dec. 22 Analyst, Marketing AltaGas Chatham Dec. 22 Field / Plant Contract Operator Zedi Inc Various locations Dec. 22 Junior Operators - Truck [Read more]
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