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China’s credit push to small firms falters in factory heartland

2 hours ago DieselGasoil Comments Off on China’s credit push to small firms falters in factory heartland
(Reuters) – China’s campaign to boost loans to small firms was supposed to support the economy during its biggest slowdown in decades, but banks’ reluctance to lend has left exporters and manufacturers in its southern industrial belt struggling to pay the bills. An employee works at the factory of Guangdong LiShun Yuan Intelligent Automation Co, Read More

Singapore records its largest ever haul of smuggled ivory

9 hours ago DieselGasoil Comments Off on Singapore records its largest ever haul of smuggled ivory
By David Chipakupaku, news reporter Elephant ivory weighing 8.8 tonnes has been seized in Singapore, with authorities saying the haul is the biggest ever in the city-state’s history. The elephant tusks were discovered in a Vietnam-bound container from the Democratic Republic of Congo. Also in the illegal cargo were scales from the giant pangolin. This Read More

McDermott relocates subsea center of excellence following BP awards

10 hours ago DieselGasoil Comments Off on McDermott relocates subsea center of excellence following BP awards
7/23/2019 LONDON – McDermott announced it has relocated its Subsea Center of Excellence to Bedfont Lakes office park near Feltham in London, following the recent award of the Greater Tortue Ahmeyim Natural Gas Project, located offshore Mauritania and Senegal. McDermott and BHGE were awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) Read More

Tenaris tapped for Noble’s Alen gas project in Equitorial Guinea

10 hours ago DieselGasoil Comments Off on Tenaris tapped for Noble’s Alen gas project in Equitorial Guinea
7/23/2019 Tenaris was awarded the offshore export pipeline for the Alen Gas Monetization Project in Equatorial Guinea, a key component of Noble Energy’s growth strategy in West Africa. This 70 km pipeline will be constructed to transport natural gas from the Alen offshore platform to existing onshore processing facilities on Bioko Island. The project aims Read More

Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings

14 hours ago DieselGasoil Comments Off on Franklin Electric Reports Record Second Quarter 2019 Sales and Earnings
FORT WAYNE, Ind., July 23, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) reported record second quarter 2019 GAAP fully diluted earnings per share (EPS) of $0.70, versus a GAAP fully diluted EPS in the second quarter 2018 of $0.64. Second quarter 2019 sales were a record $355.3 million, compared to 2018 second Read More

Drug-resistant malaria strains spread through south east Asia

15 hours ago DieselGasoil Comments Off on Drug-resistant malaria strains spread through south east Asia
Strains of drug-resistant malaria are becoming more dominant in Vietnam, Laos and northern Thailand after spreading rapidly from Cambodia. Malaria is caused by parasites which are carried by mosquitoes and spread through their blood-sucking bites. And scientists have discovered a growing number of cases where the parasite has mutated making it resistant to drugs. “We Read More

Libyan crude production recovers as largest oil field restarts

1 day ago DieselGasoil Comments Off on Libyan crude production recovers as largest oil field restarts
7/22/2019 CAIRO – Libyan oil production is set to recover from a five-month low as the North African supplier’s biggest field restarts following a brief halt. A valve in the pipeline that carries crude from the Sharara field to the Zawiya refinery has been reopened and tested, said the state-run National Oil Corp. The stoppage Read More

UK to send 250 troops to Mali for dangerous peacekeeping mission

2 days ago DieselGasoil Comments Off on UK to send 250 troops to Mali for dangerous peacekeeping mission
By Alistair Bunkall, defence and security correspondent, in Mali The UK is to send 250 troops to Mali in the biggest peace-keeping deployment since Bosnia and potentially the most dangerous mission for British forces since Afghanistan. The soldiers will form a long-range reconnaissance task group, specifically chosen for their ability to operate in small teams Read More

‘Biking Queens’ from India visit Moscow as part of mega trip

3 days ago DieselGasoil Comments Off on ‘Biking Queens’ from India visit Moscow as part of mega trip
Female bikers from India made a short stop in Moscow as part of their 25,000km trip across three continents, during which the motorcycle enthusiasts hope to promote “women’s pride” and empowerment. The Indian biking trio, led by doctor and activist Sarika Mehta, crossed into Russia after riding the desert roads of Central Asia, and made Read More

USGC octane prices slip as gasoline complex softens, exports dip

4 days ago DieselGasoil Comments Off on USGC octane prices slip as gasoline complex softens, exports dip
US Gulf Coast octanes took a fall Thursday, softened by weaker gasoline prices and decreased exports. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Of the blendstocks, alkylate saw the steepest day-on-day fall and was assessed by S&P Global Platts at pipeline gasoline plus 48 cents/gal. The USGC gasoline Read More