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Russia open to relaxing OPEC+ cuts as Saudis urge restraint

2 hours ago DieselGasoil Comments Off on Russia open to relaxing OPEC+ cuts as Saudis urge restraint
By Annmarie Hordern and Dina Khrennikova on 5/20/2019 Photo: Russian Energy Minister Alexander Novak. LONDON and MOSCOW (Bloomberg) — From easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets, Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end. “One of Read More

‘B Team’ Donald Trump taunted by Iranian minister

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Iran’s foreign minister has goaded Donald Trump on Twitter, after the US president threatened the “official end” of the country. In a tweet, Mohammad Javad Zarif said: “Goaded by #B_Team, @realdonaldTrump hopes to achieve what Alexander, Genghis & other aggressors failed to do. Iranians have stood tall for millennia while aggressors all gone. #EconomicTerrorism & Read More

U.S. President Donald Trump likes fossil fuels but investors don’t

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By Matthew A. Winkler on 5/20/2019 Photo: U.S. President Donald Trump. NEW YORK (Bloomberg Opinion) — Fossil fuel never had a better friend in the White House than Donald Trump. So why, two years into his presidency, are investors favoring public companies devoted to renewable energy and giving the Bronx cheer to the coal, gas Read More

Gulfport Energy Corporation Selects Patrick K. Craine as General Counsel and Corporate Secretary

4 hours ago DieselGasoil Comments Off on Gulfport Energy Corporation Selects Patrick K. Craine as General Counsel and Corporate Secretary
OKLAHOMA CITY, May 20, 2019 (GLOBE NEWSWIRE) — Gulfport Energy Corporation (NASDAQ: GPOR) (“Gulfport” or the “Company”) announced today that Patrick K. Craine has joined the Company as General Counsel and Corporate Secretary reporting to David M. Wood, President and Chief Executive Officer. Mr. Craine has over 20 years of extensive senior-level experience handling a Read More

PDC Energy President & CEO Bart Brookman Mails Letter to Shareholders

5 hours ago DieselGasoil Comments Off on PDC Energy President & CEO Bart Brookman Mails Letter to Shareholders
Reflects on PDC’s Strong Operational and Financial Performance, and Kimmeridge’s Deeply Conflicted Efforts to Replace Directors on the PDC Board with Less Qualified Candidates Urges Shareholders to Vote “FOR” All Three of Company’s Nominees on the WHITE Proxy Card DENVER, May 20, 2019 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or “the Company”) (Nasdaq: PDCE) Read More

Paraguayan indigenous community goes digital to protect ancestral lands

5 hours ago DieselGasoil Comments Off on Paraguayan indigenous community goes digital to protect ancestral lands
ISLA JOVAI TEJU, Paraguay (Reuters) – Rumilda Fernández’s indigenous community has long tended its ancestral lands in Paraguay, marking boundaries with an ancient system of names for trees and streams. Now, squeezed by deforestation and farming, the community is going digital to defend itself. Fernández, 28, is one of the group’s first technology-equipped forest monitors, Read More

‘Slaves in our own nation’: South Africa’s ANC urges economic freedom against white monopoly capital

5 hours ago DieselGasoil Comments Off on ‘Slaves in our own nation’: South Africa’s ANC urges economic freedom against white monopoly capital
The struggle for economic emancipation of South Africa’s black population should be unstoppable, according to the ANC (African National Congress) secretary-general Ace Magashule. Speaking at a memorial lecture in honor of South African activist Walter Sisulu, he said that “dark forces” in the ruling party are hellbent on distracting from the struggle for economic freedom Read More

Dozens killed as knife-wielding ‘ISIS convicts’ take hostages, start riot in Tajikistan prison

6 hours ago DieselGasoil Comments Off on Dozens killed as knife-wielding ‘ISIS convicts’ take hostages, start riot in Tajikistan prison
Convicted Islamic State militants started a riot at a high-security prison in Tajikistan, in which several guards and dozens of inmates were killed. Local authorities have ramped up security in the vicinity. The riot broke out late Sunday at a heavily-guarded prison facility in Vahdat, Tajikistan, just 15km east of the capital, Dushanbe, according to Read More

Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes

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WASHINGTON (Reuters) – Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday. FILE PHOTO: U.S. President Donald Trump passes his adviser and son-in-law Read More

Trade uncertainty darkens U.S. small caps outlook

12 hours ago DieselGasoil Comments Off on Trade uncertainty darkens U.S. small caps outlook
NEW YORK (Reuters) – Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prospects for economic growth improve. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) Read More