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Iranian oil exports fell below 100,000 b/d in July: US

13 mins ago DieselGasoil Comments Off on Iranian oil exports fell below 100,000 b/d in July: US
Washington — Iranian oil shipments have been ‘zeroed out’ Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Platts’ initial estimate is 450,000 b/d Pompeo pushing maritime security partnership US sanctions caused Iranian crude exports to fall to about 100,000 b/d in July, down from roughly 2.5 million b/d a Read More

Fast jets, spy planes and helicopters: On board the warships ready to strike Iran

1 week ago DieselGasoil Comments Off on Fast jets, spy planes and helicopters: On board the warships ready to strike Iran
Fast jets, spy planes and helicopters fly scores of sorties every day from a US aircraft carrier in the Arabian Sea, positioned within striking distance of Iran. President Donald Trump moved USS Abraham Lincoln and other warships into the region in May, slightly sooner than planned, as tensions grew between Washington and Tehran. Officers say Read More

On board the warships ready to deter Iranian forces

1 week ago DieselGasoil Comments Off on On board the warships ready to deter Iranian forces
By Deborah Haynes, foreign affairs editor Fast jets, spy planes and helicopters fly scores of sorties every day from a US aircraft carrier in the Arabian Sea, positioned within striking distance of Iran. President Donald Trump moved USS Abraham Lincoln and other warships into the region in May, slightly sooner than planned, as tensions grew Read More

Enerflex Announces Second Quarter 2019 Financial Results and Quarterly Dividend

2 weeks ago DieselGasoil Comments Off on Enerflex Announces Second Quarter 2019 Financial Results and Quarterly Dividend
CALGARY, Alberta, Aug. 08, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and six months ended June 30, 2019. Summary Table of Second Quarter and First Read More

Exclusive: Saudi Aramco valuation gap persists as IPO talks resume – sources

2 weeks ago DieselGasoil Comments Off on Exclusive: Saudi Aramco valuation gap persists as IPO talks resume – sources
LONDON/RIYADH/DUBAI (Reuters) – Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking sources said. FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle Read More

US, Saudi Arabia say they are working together on oil markets amid Gulf tensions

2 weeks ago DieselGasoil Comments Off on US, Saudi Arabia say they are working together on oil markets amid Gulf tensions
Dubai — The US and Saudi Arabia are working together to ensure the security of global petroleum supplies amid increased tensions in the Persian Gulf, according to Saudi energy minister Khalid al-Falih and the US Department of Energy. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Falih and US Read More

Exclusive: India raises cost of refinery project with Aramco by 36% – sources

2 weeks ago DieselGasoil Comments Off on Exclusive: India raises cost of refinery project with Aramco by 36% – sources
NEW DELHI (Reuters) – India has increased the cost estimate of a giant refinery and petrochemical project to be jointly built with Saudi Aramco and Abu Dhabi National Oil Co by more than 36%, after protests by farmers forced the relocation of the plant, four sources said. FILE PHOTO: Logo of Saudi Aramco is seen Read More

WATCH Iran’s Revolutionary Guard seize tanker smuggling fuel in Persian Gulf

2 weeks ago DieselGasoil Comments Off on WATCH Iran’s Revolutionary Guard seize tanker smuggling fuel in Persian Gulf
Footage released by Iranian media shows the Islamic Revolutionary Guard Corps (IRGC) capturing a foreign vessel which was “smuggling” fuel to “some Arab states.” A short video published by the Iranian channel Press TV on social media shows the IRGC patrol boats approaching the ship, which reportedly had as many as 700,000 liters of fuel Read More

Crude oil futures rise on bullish US stock data, geopolitical risks

3 weeks ago DieselGasoil Comments Off on Crude oil futures rise on bullish US stock data, geopolitical risks
Singapore — Crude oil futures were higher during mid-morning trade in Asia Wednesday, amid a draw reported in US crude stocks last week and ongoing geopolitical risks in the critical Strait of Hormuz that was causing supply concerns. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:25 am Read More

UK could play leading role in coalition to protect Gulf shipping

3 weeks ago DieselGasoil Comments Off on UK could play leading role in coalition to protect Gulf shipping
By Deborah Haynes, foreign affairs editor Britain, the US and other allies will meet on Wednesday in Bahrain to discuss plans to build an international coalition to protect shipping in the Gulf, Sky News has learnt. The UK is considering playing a leading role in any maritime protection force that is ultimately agreed upon, according Read More