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Belt and Road to make Russia-China trade more balanced – experts to RT

48 mins ago DieselGasoil Comments Off on Belt and Road to make Russia-China trade more balanced – experts to RT
Russia and China complement one another economically, according to political scientist Joseph Cheng. He said the two countries’ trade could become even more balanced with the help of the Belt & Road Initiative. Speaking to RT ahead of Russian President Vladimir Putin’s arrival to Beijing on Thursday, he said that Russia’s role is very important, Read More

Petrofac secures training solutions contracts in Oman, UAE and Iraq

48 mins ago DieselGasoil Comments Off on Petrofac secures training solutions contracts in Oman, UAE and Iraq
4/25/2019 LONDON — Petrofac has secured a number of new awards and contract extensions, with a combined value of over $30 million, to provide training solutions for key national oil company and international oil company clients in Oman, the UAE and Iraq.  In Oman, these include two new awards for the provision of HSE and Read More

Sparrows Group secures UKCS contract with two major operators

2 hours ago DieselGasoil Comments Off on Sparrows Group secures UKCS contract with two major operators
4/25/2019 Photo: Sparrows Group crane driver offshore UkCS. ABERDEEN — Sparrows Group has reinforced its leading position in the North Sea following contract renewals worth an estimated $38.7 million (£30 million) in revenue in the first-quarter 2019. The renewed agreements with two long standing major operators in the UK Continental Shelf (UKCS) are for the Read More

Emerson’s downhold reservoir network first to connect wireless sandface data to upper completion

2 hours ago DieselGasoil Comments Off on Emerson’s downhold reservoir network first to connect wireless sandface data to upper completion
4/25/2019 Photo: Emerson Intelligent Multistage Completion Network (IMCN). STAVANGER — Emerson, in partnership with Metrol, a leader in battery-powered wireless well monitoring, has launched the Intelligent Multistage Completion Network – an integrated upper and lower completions downhole solution that communicates wirelessly with instruments at the reservoir sandface, the physical interface between the formation and the Read More

Berlin’s ambassador in Washington attempts to defend Russian energy majors from US sanctions

2 hours ago DieselGasoil Comments Off on Berlin’s ambassador in Washington attempts to defend Russian energy majors from US sanctions
The German Ambassador to the United States has asked the US Congress to hold back new sanctions against two of Russia’s biggest gas corporations, as further penalties may put energy security of the European Union in jeopardy. In March, Emily Haber wrote a letter to several Members of Congress, asking them to stop threatening German Read More

Goldman Sachs, Bank of England and Treasury targeted by climate activists in London

2 hours ago DieselGasoil Comments Off on Goldman Sachs, Bank of England and Treasury targeted by climate activists in London
LONDON (Reuters) – More than 300 environmental activists sowed chaos through London’s financial district on Thursday, gluing themselves to the stock exchange and blocking roads outside the Bank of England and major banks such as Goldman Sachs. The Extinction Rebellion group has spent 11 days disrupting London in a bid to force Britain to act Read More

‘Lay-off our spuds!’ PepsiCo slammed for suing Indian farmers over potatoes

3 hours ago DieselGasoil Comments Off on ‘Lay-off our spuds!’ PepsiCo slammed for suing Indian farmers over potatoes
Snack giant PepsiCo’s Indian subsidiary is suing nine farmers in the state of Gujarat, telling them to lay-off growing a type of spud used in its popular brand of potato chips. Advocacy groups, meanwhile, have vowed to bite back. The potato farmers, who tend plots averaging 3-4 acres in size, stand accused by the US Read More

How much of the EU does China own? RT’s Boom Bust is here with the answer

4 hours ago DieselGasoil Comments Off on How much of the EU does China own? RT’s Boom Bust is here with the answer
China’s investments in the EU have seen a significant surge over the past decade. Nearly 9.5 percent of the bloc’s foreign-owned firms have their ownership based in China, Hong Kong, and Macau, up from 2.5 percent in 2007. Chinese entities reportedly operate, partially or wholly, at least four airports, six seaports, wind-farms in nine countries Read More

Shell Midstream Partners, L.P. Declares 3.75% Increase in Quarterly Distribution

4 hours ago DieselGasoil Comments Off on Shell Midstream Partners, L.P. Declares 3.75% Increase in Quarterly Distribution
Houston, April 25, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.4150 per limited partner unit for the first quarter of 2019. This represents an increase of 3.75 percent over the previous quarterly distribution of $0.4000 per unit Read More

UPS profit misses estimates on severe U.S. winter

5 hours ago DieselGasoil Comments Off on UPS profit misses estimates on severe U.S. winter
FILE PHOTO: Vehicles of United Parcel Service are seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry, southern Paris, France, June 26, 2018. REUTERS/Charles Platiau (Reuters) – United Parcel Service Inc on Thursday blamed harsh winter weather in the United States as it reported a lower-than-expected first-quarter profit, sending the Read More