newszine

Kenya environmental tribunal suspends coal plant license, allows fresh study

24 mins ago DieselGasoil Comments Off on Kenya environmental tribunal suspends coal plant license, allows fresh study
NAIROBI (Reuters) – A Kenyan environmental tribunal delayed a license for a planned coal power plant in the coastal Lamu region on Wednesday, saying the builders must submit a fresh environmental study because they had failed to consult residents. Construction of the plant on the Kenyan mainland opposite the tourist island of Lamu was scheduled Read More

Hudson’s Bay’s chairman’s buyout bid pits retail versus real estate

3 days ago DieselGasoil Comments Off on Hudson’s Bay’s chairman’s buyout bid pits retail versus real estate
(Reuters) – The success of Hudson’s Bay Co Executive Chairman Richard Baker’s $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said. FILE PHOTO – U.S. flags fly Read More

With far-north temperatures rising, Alaska tundra fires proliferate

5 days ago DieselGasoil Comments Off on With far-north temperatures rising, Alaska tundra fires proliferate
ANCHORAGE (Reuters) – In Alaska, where sea ice has shrunk to record lows in places and far-north temperatures have climbed to record highs, dozens of fires are burning the treeless tundra and releasing carbon into the atmosphere. The latest flurry of Alaska tundra fires has been on the Seward Peninsula, which juts out to the Read More

Bitcoin fans spy opportunity in Facebook Libra launch

7 days ago DieselGasoil Comments Off on Bitcoin fans spy opportunity in Facebook Libra launch
A Bitcoin logo is seen on a cryptocurrency ATM.(Reuters) Bitcoin’s backers are adamant that Facebook Inc.’s coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many believe the launch of Libra spells opportunity. On Tuesday,Facebook released the details on Libra, which the social-media giant is building and will manage through a Read More

Germany to support three battery cell alliances: economy minister

1 week ago DieselGasoil Comments Off on Germany to support three battery cell alliances: economy minister
BERLIN (Reuters) – Germany will support three company alliances with earmarked funds of 1 billion euros for the domestic production of battery cells in an effort to reduce carmakers’ dependence on Asian suppliers, Economy Minister Peter Altmaier told Reuters. German Economy Minister Peter Altmaier is pictured during an interview with Reuters in his ministry building Read More

Hudson’s Bay chairman’s bid unlikely to get full support: Investor Land & Buildings

1 week ago DieselGasoil Comments Off on Hudson’s Bay chairman’s bid unlikely to get full support: Investor Land & Buildings
(Reuters) – Activist investor Land & Buildings Investment Management LLC said on Tuesday a C$1.74 billion go-private offer for Hudson’s Bay Co from chairman and other shareholders would likely not receive majority approval of remaining shareholders. The activist investor called the offer for the Canadian retailer “woefully inadequate” and asked the special committee of independent Read More

Italy’s industry ministry open to any discussions on Alitalia, including with Atlantia

2 weeks ago DieselGasoil Comments Off on Italy’s industry ministry open to any discussions on Alitalia, including with Atlantia
MILAN (Reuters) – Italy’s industry ministry is open to discussions with any investor interested in the rescue of troubled carrier Alitalia, including infrastructure group Atlantia, two sources with knowledge of the matter said on Friday. FILE PHOTO: An Alitalia Airbus A320-200 airplane approaches to land at Fiumicino airport in Rome, Italy October 24, 2018. REUTERS/Max Read More

Sleipner partnership releases CO2 storage data

2 weeks ago DieselGasoil Comments Off on Sleipner partnership releases CO2 storage data
6/12/2019 STAVANGER — Equinor and its partners will disclose datasets from Sleipner field; the world’s first offshore CCS plant, in a push to advance innovation and development on the field of CO2 storage. Since 1996, Sleipner field has been used as a facility for carbon capture and storage by Equinor as operator and a group Read More

Libra Consortium takes FID on Mero-2 FPSO in Brazil’s pre-salt

2 weeks ago DieselGasoil Comments Off on Libra Consortium takes FID on Mero-2 FPSO in Brazil’s pre-salt
6/12/2019 THE HAGUE — Libra Consortium has announced the final investment decision to contract the Mero-2 floating production, storage and offloading (FPSO) vessel to be deployed at Mero field offshore Santos basin in Brazil. The FPSO will have a capacity to process up to 180,000 bopd. The consortium plans four new production systems to be Read More

SBM Offshore awarded LOI, operate contracts for FPSO Mero 2 lease

2 weeks ago DieselGasoil Comments Off on SBM Offshore awarded LOI, operate contracts for FPSO Mero 2 lease
6/12/2019 AMSTERDAM — SBM Offshore has announced that it has signed a Letter of Intent (LOI), together with Petróleo Brasileiro S.A. (Petrobras), for a 22.5 years lease and operate of FPSO Mero 2, to be deployed at Mero field in the Santos basin offshore Brazil, 180 km offshore Rio de Janeiro. The Libra block, where Read More