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Analysis: India moves its SPR plan into top gear as oil prices bite

10 hours ago DieselGasoil Comments Off on Analysis: India moves its SPR plan into top gear as oil prices bite
Singapore — India is accelerating its plans to more than double its strategic petroleum reserves, a move that would help to cushion the impact of volatile world prices at a time when analysts are betting on a robust oil consumption outlook. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

OPEC seeks to maintain oil market balance, not please Trump: UAE energy minister

10 hours ago DieselGasoil Comments Off on OPEC seeks to maintain oil market balance, not please Trump: UAE energy minister
Singapore — India is accelerating its plans to more than double its strategic petroleum reserves, a move that would help to cushion the impact of volatile world prices at a time when analysts are betting on a robust oil consumption outlook. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

Tidewater chooses UniSea to digitalize and standardize business processes

20 hours ago DieselGasoil Comments Off on Tidewater chooses UniSea to digitalize and standardize business processes
11/12/2018 Photo: Tidewater vessel 1. NORWAY —  UniSea AS, a software developer and consultancy specializing in solutions for the shipping industry, has announced that it has been selected by Tidewater Inc as their partner in the digitalizing and standardizing of Tidewater’s business processes related to Health, safety, environment and quality (HSEQ) and operations. The UniSea Read More

A milestone for energy governance as South Africa joins IEA family

1 day ago DieselGasoil Comments Off on A milestone for energy governance as South Africa joins IEA family
11/12/2018 Photo: IEA Executive Director Dr Fatih Birol (left) and HE Minister Jeff Radebe, Minister of Energy of the Republic of South Africa. CAPE TOWN — HE Minister Jeff Radebe, minister of energy of the Republic of South Africa, and Dr. Fatih Birol, executive director of the International Energy Agency, jointly announced South Africa’s decision Read More

Chinese headmaster fired over secret coin mining at school

1 day ago DieselGasoil Comments Off on Chinese headmaster fired over secret coin mining at school
A Chinese headmaster has been fired after a secret stack of crypto-currency mining machines was found connected to his school’s electricity supply. Teachers at the school in Hunan became suspicious of a whirring noise that continued day and night, local media report. This led to the discovery of the machines, which were mining the crypto-currency Read More

Principal fired for running secret cryptocurrency mining scheme at school

2 days ago DieselGasoil Comments Off on Principal fired for running secret cryptocurrency mining scheme at school
A get rich quick scheme has spectacularly backfired on a headmaster and vice-principal as the pair have both been fired for racking up outrageous energy bills by using their school to run a secret cryptocurrency mining workshop. Principal Lei Hua is said to have used eight school computers to run a clandestine Ethereum mining network Read More

Netflix CEO Hastings says no plans for cheaper India offerings

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SINGAPORE (Reuters) – Netflix (NFLX.O) chief executive Reed Hastings said that the streaming video company had no plans for cheaper prices in the hotly competitive India market and that an executive’s comments suggesting otherwise had been “misunderstood.” FILE PHOTO: Netflix’s Chief Executive Officer Reed Hastings delivers his keynote speech during Mobile World Congress in Barcelona, Read More

French environment minister sees 'fewer' nuclear reactors by 2028

4 days ago DieselGasoil Comments Off on French environment minister sees 'fewer' nuclear reactors by 2028
FILE PHOTO: Francois de Rugy, French Minister for the Ecological and Inclusive Transition, leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, October 17, 2018. REUTERS/Gonzalo Fuentes PARIS (Reuters) – New French Environment Minister Francois de Rugy said he expected there would be fewer nuclear reactors in ten years, but gave Read More

Spenders or thrifters: As Singles' Day nears, are China's shoppers about to drop?

4 days ago DieselGasoil Comments Off on Spenders or thrifters: As Singles' Day nears, are China's shoppers about to drop?
SHANGHAI (Reuters) – China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd (BABA.N) which saw $25 billion worth of goods sold on its platforms alone in the 24-hour period last year. A man dressed in a kung fu costume displays Read More

White House, California to discuss vehicle emissions rules next week

5 days ago DieselGasoil Comments Off on White House, California to discuss vehicle emissions rules next week
WASHINGTON (Reuters) – California clean air regulators will hold talks next Tuesday with their federal counterparts and the White House over Trump administration efforts to stop Sacramento from adopting tighter vehicle emissions rules than Washington, a spokesman for the state confirmed on Thursday. FILE PHOTO: A California car smog check center is seen in Los Read More