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Tanzania fines Acacia Mining $2.4 million over alleged pollution

2 hours ago DieselGasoil Comments Off on Tanzania fines Acacia Mining $2.4 million over alleged pollution
DAR ES SALAAM (Reuters) – Tanzania’s mining minister said on Monday Acacia Mining had been fined 5.6 billion Tanzanian shillings ($2.4 million) for alleged pollution at its North Mara mine. Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania. It was forced to cut output by a third after the Read More

Saudi Arabia says oil producers want to reduce inventories

15 hours ago DieselGasoil Comments Off on Saudi Arabia says oil producers want to reduce inventories
JEDDAH, Saudi Arabia (Reuters) – Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories “gently” but his country would remain responsive to the needs of what he called a fragile market. Saudi Arabian Energy Minister Khalid al-Falih speaks to the media before Read More

‘No proof of crime’: Austrian prosecutor won’t launch probe over leaked video scandal

15 hours ago DieselGasoil Comments Off on ‘No proof of crime’: Austrian prosecutor won’t launch probe over leaked video scandal
Austrian prosecutors have examined the scandalous videotape which cost vice-chancellor Heinz-Christian Strache his job and said they couldn’t find any grounds to launch an investigation over its content. “There’s no specific proof of a crime being committed coming from this ,” Oesterreich 1 radio revealed, citing the statement from the prosecutors. The Justice Ministry’s Read More

Russia’s Energy Minister Novak says too soon to discuss oil-cut options

17 hours ago DieselGasoil Comments Off on Russia’s Energy Minister Novak says too soon to discuss oil-cut options
By Dina Khrennikova, Grant Smith and Salma El Wardany on 5/19/2019 Photo: Rusiian Energy Minister Alexander Novak. MOSCOW, LONDON and CAIRO (Bloomberg) — Oil producers meeting in Saudi Arabia, must assess the situation in the market before considering possible action such as extending output cuts, Russia’s Energy Minister Alexander Novak told reporters in the Red Read More

Russia says too early to discuss OPEC+ deal extension

19 hours ago DieselGasoil Comments Off on Russia says too early to discuss OPEC+ deal extension
OPEC countries and allied producers need to discuss the situation on the market before making proposals for the cartel’s meeting in June, Russia’s energy minister has said amid calls to further extend output cuts under OPEC+ deal. “I think it’s too early to talk about it . We need to Read More

Saudi energy minister recommends driving down oil inventories, says supply plentiful

20 hours ago DieselGasoil Comments Off on Saudi energy minister recommends driving down oil inventories, says supply plentiful
JEDDAH, Saudi Arabia (Reuters) – Saudi Arabia’s energy minister said on Sunday he recommended driving oil inventories down and that global oil supplies were plentiful. Saudi Arabian Energy Minister Khalid al-Falih speaks to the media before the OPEC 14th Meeting of the Joint Ministerial Monitoring Committee in Jeddah, Saudi Arabia, May 19, 2019. REUTERS/Waleed Ali Read More

Austria’s president recommends snap parliamentary elections in early September

24 hours ago DieselGasoil Comments Off on Austria’s president recommends snap parliamentary elections in early September
Published time: 19 May, 2019 10:45 Edited time: 19 May, 2019 10:57 Austria’s president has suggested that the snap election take place in early September of this year, while the country’s chancellor stated that setting up the vote was more a “necessity” than a wish. “It’s all about the wellbeing of our country,” President Alexander Read More

‘Enemies of freedom’? Germany launches anti-rightwing crusade amid Austrian govt crisis

1 day ago DieselGasoil Comments Off on ‘Enemies of freedom’? Germany launches anti-rightwing crusade amid Austrian govt crisis
German politicians, including Chancellor Angela Merkel, have rushed to take advantage of the government crisis in the neighboring Austria for their own political goals, uniting in a crusade against the right-wing populists. As Austria is reeling from a scandal involving Vice Chancellor Heinz-Christian Strache, which put the Alpine nation on a brink of snap elections, Read More