newszine

Icahn steps up fight with Occidental over deal, wants board seats

1 hour ago DieselGasoil Comments Off on Icahn steps up fight with Occidental over deal, wants board seats
(Reuters) – Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats. FILE PHOTO: Investor Carl Icahn responds to a question at a meeting to announce the findings of the Read More

Tata Chemicals plans first UK industrial carbon capture demo plant

3 hours ago DieselGasoil Comments Off on Tata Chemicals plans first UK industrial carbon capture demo plant
LONDON (Reuters) – Tata Chemicals Europe (TCE) plans to build Britain’s first industrial-scale carbon capture and utilization (CCU) demonstration plant to trap emissions for use in sodium carbonate manufacturing, the firm said on Thursday. The 16.7 million pound ($21.2 million) project will be located at the company’s Norwich industrial site in eastern England and should Read More

Philadelphia Energy Solutions to permanently shut refinery

4 hours ago DieselGasoil Comments Off on Philadelphia Energy Solutions to permanently shut refinery
Houston — Refined products markets on both sides of the Atlantic were roiled Wednesday following news that Philadelphia Energy Solutions plans to permanently close its fire-damaged 335,000 b/d refinery. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “While our teams include some of the most talented people in the Read More

US can’t attack Iran without European support – former Italian FM Frattini

6 hours ago DieselGasoil Comments Off on US can’t attack Iran without European support – former Italian FM Frattini
President Trump will be unable to launch a war against Iran if European allies continue to oppose the move, Franco Frattini told RT. Нowever, Europe’s influence is waning due to internal divisions, the Italian diplomat added. A united European Union could serve as a bulwark against US attempts to seek regime change in Iran, believes Read More

Analysis: US crude exports hit new high; more Permian crude expected in Gulf

6 hours ago DieselGasoil Comments Off on Analysis: US crude exports hit new high; more Permian crude expected in Gulf
Highlights Permian-USGC crude line capacity increasing EPIC pipeline due to start in July Permian output to hit 5 million b/d by 1Q 2020 Houston — US crude oil exports are expected to remain high moving forward as a new wave of Permian Basin crude oil hits the Gulf Coast in coming months. Not registered? Receive Read More

U.S. EPA air chief under ethics scrutiny resigns

6 hours ago DieselGasoil Comments Off on U.S. EPA air chief under ethics scrutiny resigns
WASHINGTON (Reuters) – Bill Wehrum, the U.S. Environmental Protection Agency official in charge of revising power plant rules and revamping vehicle emission standards who came under scrutiny for ethics allegations, will step down in days, he said on Wednesday. FILE PHOTO: The U.S. Environmental Protection Agency (EPA) sign is seen on the podium at EPA Read More

Pieridae Energy to Purchase Shell Canada Foothills-Area Production & Assets: 28,623 BOE/d and Associated Midstream Assets, Including Three Deep-Cut Gas Plants

7 hours ago DieselGasoil Comments Off on Pieridae Energy to Purchase Shell Canada Foothills-Area Production & Assets: 28,623 BOE/d and Associated Midstream Assets, Including Three Deep-Cut Gas Plants
Highlights: Acquisition immediately accretive to the Company Another major step forward, now fully supplying Train 1 at the Goldboro LNG facility Pieridae becomes a major player in the Alberta midstream and upstream industry Shell Canada Energy to take an equity stake in Pieridae Other key stakeholders to increase their ownership positions CALGARY, Alberta, June 26, Read More

Trump blames Democrats for drowned migrant father and girl

7 hours ago DieselGasoil Comments Off on Trump blames Democrats for drowned migrant father and girl
By David Mercer, news reporter Donald Trump has blamed Democrats for the deaths of a migrant father and his young daughter who were pictured face down in a river as they tried to reach the US. :: Warning distressing images below Harrowing photographs of Oscar Alberto Martinez Ramirez and his 23-month-old daughter Valeria show the Read More

US oil executives see slowing output as investment declines: Dallas Fed

9 hours ago DieselGasoil Comments Off on US oil executives see slowing output as investment declines: Dallas Fed
Washington — Oil and gas production increased in secondq-quarter 2019 throughout Texas, the 11th consecutive quarter of growth, but that growth is beginning to slow and a lack of investment could accelerate an output fall, the Federal Reserve Bank of Dallas said in its quarterly survey of oil and gas firms Wednesday. Not registered? Receive Read More

EPA air chief under ethics scrutiny resigns

9 hours ago DieselGasoil Comments Off on EPA air chief under ethics scrutiny resigns
WASHINGTON (Reuters) – Bill Wehrum, the U.S. Environmental Protection Agency official in charge of revising power plant rules, revamping vehicle emission standards and biofuels, who was under scrutiny for ethics allegations, is stepping down June 30, the agency said on Wednesday. FILE PHOTO: The U.S. Environmental Protection Agency (EPA) sign is seen on the podium Read More