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Done deal: Turkey says it ‘already bought’ Russian S-400 & US sanctions won’t change that

1 hour ago DieselGasoil Comments Off on Done deal: Turkey says it ‘already bought’ Russian S-400 & US sanctions won’t change that
Nothing the US does will make Turkey abandon its deal with Moscow to purchase S-400 air defense systems, Turkish Foreign Minister Mevlut Cavusoglu said, as Washington keeps threatening Ankara with sanctions. The purchase of the Russian-made weapons has long been a point of contention in relations between the two NATO allies. The US has repeatedly Read More

JetBlue sues Walmart for trademark infringement over Jetblack service

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NEW YORK (Reuters) – JetBlue Airways Corp has sued Walmart Inc for trademark infringement, in an effort to stop the world’s largest retailer from using the name Jetblack for its text-based personal shopping service. FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo Read More

Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019

10 hours ago DieselGasoil Comments Off on Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019
Singapore — Southeast Asia will likely continue to play a pivotal role in support of ample US-Asia crude oil trades in the second half of 2019 despite China’s faltering appetite for US energy products, with Vietnam aiming to procure two more WTI crude cargoes over the coming quarters. Not registered? Receive daily email alerts, subscriber Read More

‘Jihadi Jack’: I’d love to come home, I won’t blow up Brits

12 hours ago DieselGasoil Comments Off on ‘Jihadi Jack’: I’d love to come home, I won’t blow up Brits
A suspected Islamic State militant from the UK, dubbed “Jihadi Jack”, has told Sky News he regrets what he did and feels guilty for what he put his parents through. Speaking from the prison in Syria where he is being held by Kurdish authorities, Jack Letts urged mum Sally Lane, 57, and dad John Letts, Read More

Army chief and regional president killed in coup attempt in Ethiopia

1 day ago DieselGasoil Comments Off on Army chief and regional president killed in coup attempt in Ethiopia
A coup attempt in Ethiopia has been foiled by government forces, Prime Minister Abiy Ahmed said in a TV address on Sunday. The army’s chief of staff and the head of Ethiopia’s Amhara state were killed along with several others. The uprising took place in Bahir Dar, Amhara state, a region just outside the Ethiopian Read More

Exxon Mobil seeks bids for Norwegian offshore assets

2 days ago DieselGasoil Comments Off on Exxon Mobil seeks bids for Norwegian offshore assets
FILE PHOTO – A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes OSLO (Reuters) – Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a Read More

Interview: UK minnow Verus touts nimble approach in North Sea

3 days ago DieselGasoil Comments Off on Interview: UK minnow Verus touts nimble approach in North Sea
Highlights Private equity-backed players shake up industry Small teams and outsourcing contrast with Norway Verus growing with series of acquisitions London — Verus Petroleum is part of a new wave of small private equity-backed companies helping revive UK oil and gas production, aiming to stay nimble even as it builds up its uptream assets, CEO Read More

Explainer: Initial exchange offerings flourish in crypto market

3 days ago DieselGasoil Comments Off on Explainer: Initial exchange offerings flourish in crypto market
NEW YORK (Reuters) – Initial exchange offerings (IEOs) are currently the most popular fundraising trend in the cryptocurrency industry, which has seen poster child bitcoin surge more than 150% in 2019. As the name suggests, initial exchange offerings are conducted over crypto trading platforms and exchanges. FILE PHOTO: Bitcoin (virtual currency) coins are seen in Read More

India looks to Russian crude as Iranian imports crash

3 days ago DieselGasoil Comments Off on India looks to Russian crude as Iranian imports crash
India and Russia continue to bolster their energy cooperation, and now India is looking at ways to establish oil shipping routes from Russia’s Far East India’s east coast. During the meeting (between India’s Oil Minister Dharmendra Pradhan with Yury Trutnev, Russia’s Deputy Prime Minister and the Russian president’s top envoy to Russia’s Far East), India and Read More

‘White Knight’ Delta buys stake in Korean Air parent, dampens activist threat

3 days ago DieselGasoil Comments Off on ‘White Knight’ Delta buys stake in Korean Air parent, dampens activist threat
SEOUL/CHICAGO (Reuters) – Delta Air Lines bought a small stake in Korean Air Lines Co’s parent company and said it wants to increase it to 10%, giving a boost to the management of South Korea’s top carrier that seeks to thwart a local activist fund’s challenge. FILE PHOTO: A Delta Air Lines flight is pushed Read More