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In coal we trust: Australian voters back PM Morrison’s faith in fossil fuel

1 hour ago DieselGasoil Comments Off on In coal we trust: Australian voters back PM Morrison’s faith in fossil fuel
MELBOURNE (Reuters) – Australia’s re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, “This is coal – don’t be afraid!” His surprise win in what some dubbed the ‘climate election’ may have stunned the country, but voters should know what comes next in energy policy – big coal. FILE PHOTO: Read More

Australian, Indian elections boost Asian shares, trade fears ease

3 hours ago DieselGasoil Comments Off on Australian, Indian elections boost Asian shares, trade fears ease
SHANGHAI (Reuters) – Asian shares clawed back some of last week’s losses as investors cheered apparent election wins for conservative incumbents in Australia and India, while broader global trade worries eased after Washington offered to lift some tariffs in North America. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index Read More

Indian PM Modi secures 2nd term & stronger majority, exit polls show

4 hours ago DieselGasoil Comments Off on Indian PM Modi secures 2nd term & stronger majority, exit polls show
India’s ruling National Democratic Alliance headed by Prime Minister Narendra Modi’s Bharatiya Janata Party is on course to win the general election by a substantial margin, multiple exit polls indicate. The world’s largest democracy, with nearly 900 million eligible voters, finished its complicated, weeks-long, multi-stage election process on Sunday to decide who sits in India’s Read More

India’s PM Modi secures second term & stronger majority, exit polls show

6 hours ago DieselGasoil Comments Off on India’s PM Modi secures second term & stronger majority, exit polls show
India’s ruling National Democratic Alliance headed by Prime Minister Narendra Modi’s Bharatiya Janata Party is on course to win the country’s general election by a substantial margin, multiple exit polls suggest. The world’s largest democracy, with nearly 900 million eligible voters, finished its complicated, weeks-long, multi-stage election process on Sunday to decide who sits in Read More

Asian shares steady after steep losses; Saudi comments lift oil

8 hours ago DieselGasoil Comments Off on Asian shares steady after steep losses; Saudi comments lift oil
SHANGHAI (Reuters) – Share markets in Asia got off to a steady start on Monday as investors tried to catch their breath following another week of escalating trade tensions between the United States and China. FILE PHOTO: A man looks at an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan, Read More

Russia’s Energy Minister Novak says too soon to discuss oil-cut options

17 hours ago DieselGasoil Comments Off on Russia’s Energy Minister Novak says too soon to discuss oil-cut options
By Dina Khrennikova, Grant Smith and Salma El Wardany on 5/19/2019 Photo: Rusiian Energy Minister Alexander Novak. MOSCOW, LONDON and CAIRO (Bloomberg) — Oil producers meeting in Saudi Arabia, must assess the situation in the market before considering possible action such as extending output cuts, Russia’s Energy Minister Alexander Novak told reporters in the Red Read More

In coal we trust: Australia’s voters back PM Morrison’s faith in fossil fuel

1 day ago DieselGasoil Comments Off on In coal we trust: Australia’s voters back PM Morrison’s faith in fossil fuel
MELBOURNE (Reuters) – Australia’s re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, “This is coal – don’t be afraid!” His surprise win in what some dubbed the ‘climate election’ may have stunned the country, but voters should know what comes next in energy policy – big coal. FILE PHOTO: Read More

‘Enemies of freedom’? Germany launches anti-rightwing crusade amid Austrian govt crisis

1 day ago DieselGasoil Comments Off on ‘Enemies of freedom’? Germany launches anti-rightwing crusade amid Austrian govt crisis
German politicians, including Chancellor Angela Merkel, have rushed to take advantage of the government crisis in the neighboring Austria for their own political goals, uniting in a crusade against the right-wing populists. As Austria is reeling from a scandal involving Vice Chancellor Heinz-Christian Strache, which put the Alpine nation on a brink of snap elections, Read More

Liberals secure unlikely victory in Australia’s surprising federal election result

2 days ago DieselGasoil Comments Off on Liberals secure unlikely victory in Australia’s surprising federal election result
Australia’s Liberal Prime Minister Scott Morrison has claimed victory in the federal election in a stunning turnaround as virtually all opinion polls spelled success for the rival Labor Party. Australia’s center-right Liberal-National Coalition is set to return to government as the election results show it has secured an unbeatable lead over its major competitors. With Read More

Austria faces snap election after vice chancellor resignation

2 days ago DieselGasoil Comments Off on Austria faces snap election after vice chancellor resignation
Austria’s Chancellor Sebastian Kurz has called for a snap election after the resignation of his vice chancellor over an alleged corruption scandal. Heinz-Christian Strache resigned on Saturday after footage of him seeming to offer lucrative German contracts to a potential Russian benefactor was published in newspapers this week. Mr Kurz said he could not reach Read More