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China bans Australian coal imports as diplomatic tensions over Huawei intensify

2 mins ago DieselGasoil Comments Off on China bans Australian coal imports as diplomatic tensions over Huawei intensify
One of China’s biggest ports has put restrictions on shipments of coal from Australia, its top supplier of anthracite, casting a shadow upon Australia’s second largest export earner. The Port of Dalian is set to cap overall coal imports from all sources at 12 million tons until the end of 2019, according to an official Read More

API continues to promote safe U.S. energy development, enhances workplace safety with Recommended Practice 54

32 mins ago DieselGasoil Comments Off on API continues to promote safe U.S. energy development, enhances workplace safety with Recommended Practice 54
2/21/2019 Photo: Halliburton. WASHINGTON — The American Petroleum Institute has released Recommended Practice 54 (RP 54), Occupational Safety and Health for Oil and Gas Well Drilling and Servicing Operations, which provides procedures for promoting and maintaining safe and healthy working conditions for personnel in drilling and well servicing operations. “The safety of oil and natural Read More

Pope urges church to 'listen to cry of young' at sex abuse summit

1 hour ago DieselGasoil Comments Off on Pope urges church to 'listen to cry of young' at sex abuse summit
Pope Francis has urged the Catholic Church to “listen to the cry of the young, who want justice”, as he opened a landmark summit on preventing sex abuse. More than 30 years since the first abuse scandals erupted within the church, he told 190 leaders of bishops conferences and religious orders that they had an Read More

Venezuela closes border with Brazil, may do the same at Colombia border – Maduro

2 hours ago DieselGasoil Comments Off on Venezuela closes border with Brazil, may do the same at Colombia border – Maduro
Starting Thursday evening, Venezuela is closing its border with Brazil, President Nicolas Maduro has announced. He added the same measure may apply to the border with Colombia, though he does not want to order it. The Venezuelan military was ordered to enforce the travel ban in airspace and on the sea until further notice, Maduro Read More

Empty supertankers reveal truths about today's oil market

3 hours ago DieselGasoil Comments Off on Empty supertankers reveal truths about today's oil market
By Firat Kayakiran on 2/21/2019 LONDON (Bloomberg) — They are slowly plowing their way across thousands of miles of ocean toward America’s Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing a few truths about today’s global oil market.  In normal times, the vessels would be filled with heavy, high sulfur Read More

De Beers says lab-grown diamond wholesale prices fall by up to 60 percent

4 hours ago DieselGasoil Comments Off on De Beers says lab-grown diamond wholesale prices fall by up to 60 percent
LONDON (Reuters) – Wholesale prices for lab-grown diamonds have fallen by up to 60 percent since De Beers began selling synthetic stones for jewelry in September, CEO Bruce Cleaver said on Thursday, adding margins for the sector would continue to fall. Lab grown diamond jewelry displayed at Pure Grown Diamonds headquarters in Woodbridge, New Jersey, Read More

Oil hovers near 2019 highs amid OPEC cuts

6 hours ago DieselGasoil Comments Off on Oil hovers near 2019 highs amid OPEC cuts
LONDON (Reuters) – Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo U.S. Read More

Gran Tierra Announces Release Date for its 2018 Fourth Quarter and Full Year Results, Conference Call and Webcast Details

8 hours ago DieselGasoil Comments Off on Gran Tierra Announces Release Date for its 2018 Fourth Quarter and Full Year Results, Conference Call and Webcast Details
CALGARY, Alberta, Feb. 21, 2019 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE), announces that the Company will release its 2018 fourth quarter and full year financial and operating results on Wednesday, February 27, 2019, before market open. A conference call to discuss the 2018 fourth quarter and full year Read More

Factbox: U.S., China drafting memorandums for possible trade deal

17 hours ago DieselGasoil Comments Off on Factbox: U.S., China drafting memorandums for possible trade deal
(Reuters) – Top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues in their seven-month trade war. <img src="https://s4.reutersmedia.net/resources/r/?m=02&d=20190221&t=2&i=1358738795&r=LYNXNPEF1K03S&w=450" aria-label="FILE PHOTO: Workers transport imported soybean products at a port in Nantong, Jiangsu province, China April 9, 2018. REUTERS/Stringer/File Photo Read More

Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela

19 hours ago DieselGasoil Comments Off on Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela
SINGAPORE (Reuters) – Oil prices hovered just below 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo U.S. West Texas Intermediate (WTI) crude oil futures were at Read More