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Wall Street gains as earnings season gathers steam

12 hours ago DieselGasoil Comments Off on Wall Street gains as earnings season gathers steam
(Reuters) – U.S. stocks rose on Monday, lifted by technology companies, as investors eyed fresh U.S.-China trade developments during a busy week of corporate earnings with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 16, 2019. Read More

New shale technology detects completion problems, parent/child well interference

12 hours ago DieselGasoil Comments Off on New shale technology detects completion problems, parent/child well interference
7/22/2019 TOMBALL — Deep Imaging today announced the first and only real-time solution for tracking fluid as it’s pumped through the wellbore and out to the fracture tips during a completion job. As a result, upstream companies can validate models and successful stages while identifying, fixing or avoiding problem stages as they occur. U.S. industry Read More

Wall St. set to open higher as earnings season gathers steam

14 hours ago DieselGasoil Comments Off on Wall St. set to open higher as earnings season gathers steam
(Reuters) – Wall Street’s main indexes were set to open higher on Monday as investors eyed fresh trade developments between the United States and China during a busy week of corporate earnings, with results from marquee names including Facebook and Amazon on tap. Traders work on the floor at the New York Stock Exchange (NYSE) Read More

Chinese Speed: RT doc looks at China’s high-speed rail breakthrough

14 hours ago DieselGasoil Comments Off on Chinese Speed: RT doc looks at China’s high-speed rail breakthrough
In a decade China built from scratch the largest high-speed rail network in the world and wants to further expand and develop it. An RT Documentary crew travelled to China to see the future of fast transportation. Chinese super-fast trains, reaching speeds of up to 350kph (217mph), are not only good for saving time and Read More

Kashagan consortium eyes output increases, new joint project

17 hours ago DieselGasoil Comments Off on Kashagan consortium eyes output increases, new joint project
London — Kazakhstan’s North Caspian Operating Company, which manages the giant Kashagan oil field, is planning further production increases after recent upgrade and maintenance work, and aims to present a new project for two nearby fields in the current quarter, it told S&P Global Platts. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

Hyundai Motor lays out U.S. recovery plan, places hope on new SUV models

18 hours ago DieselGasoil Comments Off on Hyundai Motor lays out U.S. recovery plan, places hope on new SUV models
SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) laid out its U.S. sales turnaround plan on Monday with an expanded line-up of sport-utility vehicles (SUV), after posting its biggest quarterly profit jump in seven years. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, Read More

Oil rises on Middle East Gulf tensions; Libya field resumes output

19 hours ago DieselGasoil Comments Off on Oil rises on Middle East Gulf tensions; Libya field resumes output
SINGAPORE/TOKYO (Reuters) – Oil prices rose on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the Middle East Gulf, although gains were capped as Libya resumed output at its largest oil field. FILE PHOTO: An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, Read More

Hyundai Motor second-quarter net profit rises 31.2%, new models boost domestic sales

21 hours ago DieselGasoil Comments Off on Hyundai Motor second-quarter net profit rises 31.2%, new models boost domestic sales
FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, France, October 2, 2018. REUTERS/Regis Duvignau/File Photo SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) on Monday said second-quarter net profit climbed 31.2%, as a weaker local currency helped lift U.S. income, while new models Read More

Oil gains as Middle East Gulf tensions flare, Libya field shut

22 hours ago DieselGasoil Comments Off on Oil gains as Middle East Gulf tensions flare, Libya field shut
SINGAPORE/TOKYO (Reuters) – Oil prices rose on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the Middle East and after Libya reported the shut down of its largest oil field. FILE PHOTO: An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October Read More

France and Germany stand by UK over ‘massive’ Iran crisis

3 days ago DieselGasoil Comments Off on France and Germany stand by UK over ‘massive’ Iran crisis
The French foreign ministry has called on Iran to quickly release a British-flagged oil tanker it detained on Friday afternoon. The Stena Impero and its 23 crew members were approached by unidentified small crafts and a helicopter as it passed through the Strait of Hormuz on Friday at around 4pm UK time, according to the Read More