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Oil discovery at the Goddo prospect, on the Utsira High, Norwegian North Sea

14 hours ago DieselGasoil Comments Off on Oil discovery at the Goddo prospect, on the Utsira High, Norwegian North Sea
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has made an oil discovery at exploration well 16/5-8s, targeting the Goddo prospect in PL815 approximately 14 km South of the Edvard Grieg field in the Norwegian North Sea. The main objective of the well was to prove oil Read More

‘Can’t imagine why’: Trump has no idea why anyone would relate Hong Kong protests to US meddling

6 days ago DieselGasoil Comments Off on ‘Can’t imagine why’: Trump has no idea why anyone would relate Hong Kong protests to US meddling
For the life of him, US President Donald Trump can’t explain why critics would associate Washington with Hong Kong’s unrest, expressing bewilderment in a tweet just before sounding the alarm about a Chinese invasion of the city. In a tweet on Tuesday afternoon, the president observed: “Many are blaming me, and the United States, for Read More

European blockchain company Bitfury launches artificial intelligence unit

7 days ago DieselGasoil Comments Off on European blockchain company Bitfury launches artificial intelligence unit
NEW YORK (Reuters) – European blockchain company The Bitfury Group, valued recently at more than $1 billion, has launched its artificial intelligence (AI) division, the company’s top official told Reuters in an interview. FILE PHOTO – Delegates walk near an exhibition stand of Bitfury, a full-service blockchain technology company, at the Malta Blockchain Summit in Read More

‘Bring migrants to Hollywood’: Salvini mocks Richard Gere for wading into Mediterranean crisis

1 week ago DieselGasoil Comments Off on ‘Bring migrants to Hollywood’: Salvini mocks Richard Gere for wading into Mediterranean crisis
In a stinging rebuke, Italy’s Deputy Prime Minister Matteo Salvini has mockingly suggested that Richard Gere should house migrants in his Hollywood villas after the actor involved himself in the Mediterranean migrant crisis. The Pretty Woman star felt the wrath of the Italian interior minister after visiting the ‘Open Arms’ ship, which has been stranded Read More

Facebook loses facial recognition appeal, must face privacy class action

2 weeks ago DieselGasoil Comments Off on Facebook loses facial recognition appeal, must face privacy class action
(Reuters) – A federal appeals court on Thursday rejected Facebook Inc’s (FB.O) effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent. FILE PHOTO: Attendees walk past a Facebook logo during Facebook Inc’s F8 developers conference in San Jose, California, U.S., April Read More

Fox Corp beats quarterly profit estimates on higher affiliate fees

2 weeks ago DieselGasoil Comments Off on Fox Corp beats quarterly profit estimates on higher affiliate fees
NEW YORK (Reuters) – Media company Fox Corp (FOXA.O) reported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors. FILE PHOTO: Lachlan Murdoch, co-chairman and chief executive officer of Fox Corp., attends the annual Allen and Co. Sun Valley media conference in Read More

Denbury Resources Reports Second Quarter 2019 Results, Achieves Record Production Volumes at Bell Creek

2 weeks ago DieselGasoil Comments Off on Denbury Resources Reports Second Quarter 2019 Results, Achieves Record Production Volumes at Bell Creek
PLANO, Texas, Aug. 07, 2019 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced net income of $147 million, or $0.32 per diluted share, for the second quarter of 2019. Adjusted net income(1) (a non-GAAP measure) was $59 million, or $0.13(1)(2) per diluted share, with the difference from GAAP net Read More

Twitter says it may have used user data for ads without permission

2 weeks ago DieselGasoil Comments Off on Twitter says it may have used user data for ads without permission
FILE PHOTO: The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) – Twitter Inc (TWTR.N) said on Tuesday that it may have used data for personalized ads without a user’s permission due to issues Read More

Insurance, economy, tariffs weigh on Berkshire Hathaway

2 weeks ago DieselGasoil Comments Off on Insurance, economy, tariffs weigh on Berkshire Hathaway
(Reuters) – Berkshire Hathaway Inc (BRKa.N) on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett. Warren Buffett, chairman and CEO of Berkshire Hathaway, takes his seat to speak at the Fortune’s Most Read More