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Colorado producers highlight importance of community engagement under new bill

3 days ago DieselGasoil Comments Off on Colorado producers highlight importance of community engagement under new bill
Highlights SB 181 gives more authority to local governments Nine DJ communities have enacted moratoriums Denver — Following the passage of a Colorado state law giving more power to local governments over the issuance of drilling permits, producers find community engagement more important than ever. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

Interview: UK minnow Verus touts nimble approach in North Sea

3 days ago DieselGasoil Comments Off on Interview: UK minnow Verus touts nimble approach in North Sea
Highlights Private equity-backed players shake up industry Small teams and outsourcing contrast with Norway Verus growing with series of acquisitions London — Verus Petroleum is part of a new wave of small private equity-backed companies helping revive UK oil and gas production, aiming to stay nimble even as it builds up its uptream assets, CEO Read More

Energy products are key inputs to global chemicals industry

3 days ago DieselGasoil Comments Off on Energy products are key inputs to global chemicals industry
June 21, 2019 Source: U.S. Energy Information Administration, based on World Input-Output DatabaseNote: Dollar values are expressed in 2010 U.S. dollars, converted based on purchasing power parity. The industrial sector of the worldwide economy consumed more than half (55%) of all delivered energy in 2018, according to the International Energy Agency. Within the industrial sector, Read More

Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway

4 days ago DieselGasoil Comments Off on Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway
Highlights Most Iraqi crude exported through Basrah SOMO lacks viable alternative export routes Iraq needs stable security to court investors Iraq’s only sea coastline is just 36 miles long — a sliver of access at the northern tip of the Persian Gulf critical to the world’s fourth-largest crude producer, which exports some three-quarters of its Read More

Asian sweet crude market weakens for August cycle on poor margins

4 days ago DieselGasoil Comments Off on Asian sweet crude market weakens for August cycle on poor margins
Singapore — Traded differentials for Asian sweet crude grades fell across the board for the August trading cycle, weighed down by greater supply this month and weak demand as refiners cut run rates amid poor refining margins, trade sources said Friday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

Slack to take unusual route to public markets, likely valuing it around $16 billion

5 days ago DieselGasoil Comments Off on Slack to take unusual route to public markets, likely valuing it around $16 billion
NEW YORK (Reuters) – Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around $16 billion, according to a person familiar with the matter. Slack Technologies New York office in Read More

North Macedonia firm plugs vintage minis into electric age

5 days ago DieselGasoil Comments Off on North Macedonia firm plugs vintage minis into electric age
SKOPJE (Reuters) – In the North Macedonian capital Skopje, a small light blue car, reminiscent of bygone Communist times, silently zips through the streets in the first major attempt in the Balkan country to produce its own electric vehicle. A converted supermini car Zastava 750, which has its combustion engine replaced with an electric one Read More

Hong Kong protesters make rest of the world look bad with 2am rubbish clean up (PHOTOS, VIDEOS)

6 days ago DieselGasoil Comments Off on Hong Kong protesters make rest of the world look bad with 2am rubbish clean up (PHOTOS, VIDEOS)
Hong Kong protesters showed up the rest of the world’s demonstrators when, after a 2 million-strong march, they worked through the night to ensure not a scrap of trash was left in their wake. The mass protests against an unpopular China extradition bill took place on June 16 and, after the 3km march was over, Read More