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Hibernia production halted again following spill

8 hours ago DieselGasoil Comments Off on Hibernia production halted again following spill
8/19/2019 ST. JOHNS, NEWFOUNDLAND – Shortly after 21:00 on Saturday, August 17, 2019, the Canada – Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB) was notified of an incident at the Hibernia platform where, as a result of the loss of main power generation, the facility experienced a discharge to sea when its deluge system inadvertently Read More

Cathay Pacific’s new boss puts emphasis on safety and security

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HONG KONG/SINGAPORE (Reuters) – Cathay Pacific Ltd (0293.HK) needs to focus on safety and security, its customers and the completion of a three-year financial turnaround plan, the airline’s new chief executive told staff on Monday. FILE PHOTO: A plane flies behind a new Cathay Pacific Airways Airbus A350 after being received by the airline at Read More

Petroteq Achieves Milestones in Emerging International Opportunities

12 hours ago DieselGasoil Comments Off on Petroteq Achieves Milestones in Emerging International Opportunities
Receives Positive Lab Results on the Recovery of Oil from International Ore Samples Successful Testing Completed proving Oil Extraction and Recovery with QEM SHERMAN OAKS, Calif., Aug. 19, 2019 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated surface oil sands mining oil company with proprietary technology‎, Read More

US unseals warrant to seize Iranian ‘Grace 1’ tanker released in Gibraltar

3 days ago DieselGasoil Comments Off on US unseals warrant to seize Iranian ‘Grace 1’ tanker released in Gibraltar
The US has ordered the seizure of newly freed Iranian oil tanker ‘Grace 1,’ charging the ship with illegally using the US financial system to sell oil to Syria to support the IRGC after Gibraltar released the vessel. The Justice Department has unsealed a warrant ordering the seizure and forfeiture of the Iranian tanker, all Read More

Trump intervention triggered EPA’s surprise biofuel waiver decision -sources

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WASHINGTON (Reuters) – A phone call from U.S. President Donald Trump last week ended a nearly two-month-long review of the nation’s biofuels program, three sources familiar with the matter said, with the White House siding in favor of oil refiners over corn growers. FILE PHOTO: A biodiesel (gasoil) vehicle is seen at Dogpatch Biofuels filling Read More

OPEC reports big drop in crude production, amid ‘somewhat bearish’ market outlook

3 days ago DieselGasoil Comments Off on OPEC reports big drop in crude production, amid ‘somewhat bearish’ market outlook
London — Led by its kingpin Saudi Arabia, which said it pumped at its lowest level in more than five years, OPEC on Friday reported it slashed its crude production in July, as it continues to battle slumping oil prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now OPEC Read More

Trump intervention triggered EPA’s surprise biofuel waiver decision: sources

4 days ago DieselGasoil Comments Off on Trump intervention triggered EPA’s surprise biofuel waiver decision: sources
WASHINGTON (Reuters) – A phone call from U.S. President Donald Trump last week ended a nearly two-month-long review of the nation’s biofuels program, three sources familiar with the matter said, with the White House siding in favor of oil refiners over corn growers. FILE PHOTO – A biodiesel (gasoil) vehicle is seen at Dogpatch Biofuels Read More

Iran oil tanker released by Gibraltar, setting up race with the U.S.

4 days ago DieselGasoil Comments Off on Iran oil tanker released by Gibraltar, setting up race with the U.S.
By Jonathan Browning on 8/15/2019 GIBRALTAR (Bloomberg) – Iran is racing to return an oil supertanker to international waters after a Gibraltar judge said he couldn’t wait for the U.S. to take action that would prolong the six-week seizure of the vessel for allegedly violating trade sanctions. The ship, the Grace 1, had been held Read More

Iranian supertanker released by Gibraltar

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By Emily Mee, news reporter Gibraltar has released the Iranian supertanker Grace 1, according to the territory’s chief minister. The tanker was seized by Gibraltarian authorities and Royal Marines in the Mediterranean last month on suspicion of attempting to smuggle oil to Syria – violating EU sanctions. Authorities in Gibraltar have since received assurances from Read More

China’s Minmetals says to close rare earth unit after pollution violations

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SHANGHAI (Reuters) – The rare earths arm of state-owned China Minmetals Corporation said one of its units would halt production with immediate effect from Thursday after failing to rectify a series of environmental offences. The Ministry of Ecology and Environment found that Ganxian Hongjin Rare Earth Ltd Co, a subsidiary of China Minmetals Rare Earth Read More