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Musk’s ambitious new ‘Starship’ project might be undone… by bird poop

7 hours ago DieselGasoil Comments Off on Musk’s ambitious new ‘Starship’ project might be undone… by bird poop
SpaceX’s new launch vehicle system, called Starship, will replace its current rockets, and may be the first craft to bring humans to Mars. The high tech ship has one potential weakness, however: bird poop. Starship will reportedly be fully reusable and extremely cheap to launch. Musk has made the rather bold claim that round-trip tickets Read More

Empty supertankers reveal truths about today's oil market

8 hours ago DieselGasoil Comments Off on Empty supertankers reveal truths about today's oil market
By Firat Kayakiran on 2/21/2019 LONDON (Bloomberg) — They are slowly plowing their way across thousands of miles of ocean toward America’s Gulf of Mexico coastline. As they do, twelve empty supertankers are also revealing a few truths about today’s global oil market.  In normal times, the vessels would be filled with heavy, high sulfur Read More

China customs testing coal imports for environmental reasons: foreign ministry

16 hours ago DieselGasoil Comments Off on China customs testing coal imports for environmental reasons: foreign ministry
Imported coal is seen lifted by cranes from a coal cargo ship onto a truck at a port in Lianyungang, Jiangsu province, China July 26, 2018. Picture taken July 26, 2018. REUTERS/Stringer BEIJING (Reuters) – China’s customs administration is testing coal imports for reasons including environmental protection, a foreign ministry spokesman said on Thursday. Spokesman Read More

Exclusive: SpaceX, Boeing design risks threaten new delays for U.S. space program

17 hours ago DieselGasoil Comments Off on Exclusive: SpaceX, Boeing design risks threaten new delays for U.S. space program
SEATTLE (Reuters) – NASA has warned SpaceX and Boeing Co of design and safety concerns for their competing astronaut launch systems, according to industry sources and a new government report, threatening the U.S. bid to revive its human spaceflight program later this year. One of Boeing Co’s CST-100 Starliner astronaut capsules is seen at a Read More

Exclusive: U.S., China sketch outlines of deal to end trade war – sources

21 hours ago DieselGasoil Comments Off on Exclusive: U.S., China sketch outlines of deal to end trade war – sources
WASHINGTON (Reuters) – The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources familiar with the negotiations. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin, second from left, U.S. Trade Representative Read More

Nigeria's new gusher just made OPEC compliance a little harder

1 week ago DieselGasoil Comments Off on Nigeria's new gusher just made OPEC compliance a little harder
By Elisha Bala-Gbogbo and Julian Lee on 2/13/2019 Achilleas oil tanker. Photo: Marine Traffic. ABUJA and LONDON (Bloomberg) — Nigeria is about to ship the first cargo of crude oil from a new deposit about 90 mi off its coast. The 1 MMbbl consignment, which will head toward the Dutch port of Rotterdam, comes at a Read More

Airbus poised to ax A380 as Emirates reviews demand: sources

1 week ago DieselGasoil Comments Off on Airbus poised to ax A380 as Emirates reviews demand: sources
PARIS (Reuters) – Airbus is nearing a decision to ax production of the world’s largest airliner amid a downward revision in demand from the Gulf and is likely to give an update with its full-year earnings on Feb. 14, industry sources and analysts said. General view shows an Airbus A380 at the final assembly line Read More

Venezuela turns to India for oil exports as U.S. sanctions bite

1 week ago DieselGasoil Comments Off on Venezuela turns to India for oil exports as U.S. sanctions bite
HOUSTON/MEXICO CITY/MOSCOW (Reuters) – Venezuela’s oil exports have tapered off and shifted toward India since new U.S. sanctions began Jan. 28 as state-run oil company PDVSA seeks to replace deliveries to the United States and Europe that were disrupted by payment restrictions. FILE PHOTO: Venezuela’s Oil Minister and President of Venezuelan state-run oil company PDVSA Read More

Venezuela turns to India as sanctions cut oil flow to U.S., Europe

1 week ago DieselGasoil Comments Off on Venezuela turns to India as sanctions cut oil flow to U.S., Europe
HOUSTON/MEXICO CITY/MOSCOW (Reuters) – Venezuela’s oil exports have tapered off and shifted toward India since new U.S. sanctions began Jan. 28 as state-run oil company PDVSA seeks to replace deliveries to the United States and Europe that were disrupted by payment restrictions. FILE PHOTO: Venezuela’s Oil Minister and President of Venezuelan state-run oil company PDVSA Read More

Amazon, GM in talks to invest in electric pickup truck maker Rivian: sources

1 week ago DieselGasoil Comments Off on Amazon, GM in talks to invest in electric pickup truck maker Rivian: sources
(Reuters) – Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday. FILE PHOTO: The logo of Amazon is seen at the company Read More