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Equinor bends to investor pressure on climate

14 hours ago DieselGasoil Comments Off on Equinor bends to investor pressure on climate
By Kelly Gilblom on 4/24/2019 LONDON (Bloomberg) – Equinor is the latest large oil company to bow to a major investor group that is pushing corporations to take more robust action on climate change. The Norwegian giant has agreed to align its business model with the goals of the 2015 Paris climate accord and will Read More

Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician

3 days ago DieselGasoil Comments Off on Anti-Russian sanctions benefit only US firms at Europe’s expense, says German politician
Economic penalties against Russia target the European Union and are only beneficial to US corporations, according to Stefan Keuter, a German lawmaker from the Alternative for Germany (AfD) party. “Sanctions against Russia do not serve the interest of German companies, such Siemens or Pharmaceutical firms. Did they benefit from the penalties? What’s the use Read More

It’s not just Amazon: These profitable US corporations paid ZERO taxes

4 days ago DieselGasoil Comments Off on It’s not just Amazon: These profitable US corporations paid ZERO taxes
Sixty of America’s biggest companies from the Fortune 500 list, including IBM, Netflix, General Motors and Chevron, managed to avoid paying a dime in income taxes on their whopping profits last year. After the explosive report on how Jeff Bezos’ Amazon used tax loopholes and paid nothing in taxes for two years in a row, Read More

France’s Total to invest in Russian LNG terminals in Arctic & Far East

6 days ago DieselGasoil Comments Off on France’s Total to invest in Russian LNG terminals in Arctic & Far East
The CEO of energy major Total has announced plans to buy a share in projects aimed at constructing terminals for transferring liquefied natural gas (LNG), led by Russia’s biggest independent gas producer Novatek. According to Patrick Pouyanne, who also serves as chairman of the French energy giant, the company will buy a 10-percent stake in Read More

Economic & Earnings Data Deluge

7 days ago DieselGasoil Comments Off on Economic & Earnings Data Deluge
The Q1 earnings parade continues ahead of the opening bell today with focus on Wall Street finance corporations slowly giving way to other industries Morgan Stanley 160 MS PepsiCo 160 PEP and Kansas City Southern 160 KSU 160 are among those companies putting out Q1 earnings Read More

Trump opens Cuba up to property confiscation lawsuits, angering allies & foes alike

1 week ago DieselGasoil Comments Off on Trump opens Cuba up to property confiscation lawsuits, angering allies & foes alike
The Trump administration is set to permit lawsuits against Cuba over property confiscated in the revolution, in a bid to dismantle the ‘troika of tyranny’ resisting Washington’s total dominance in what it sees as its ‘backyard.’ Cubans who fled to the US under Fidel Castro’s government will be able to sue companies using their former Read More

Bellatrix Announces Meeting Details In Connection With Recapitalization Transaction

1 week ago DieselGasoil Comments Off on Bellatrix Announces Meeting Details In Connection With Recapitalization Transaction
CALGARY, Alberta, April 16, 2019 (GLOBE NEWSWIRE) — Bellatrix Exploration Ltd. (“Bellatrix” or the “Company”) (TSX: BXE) announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has issued an interim order (the “Interim Order”) authorizing, among other things, the holding of the following meetings (collectively, the “Meetings”): (i) a meeting (the Read More

German investments in Russia highest in decade despite Western sanctions

1 week ago DieselGasoil Comments Off on German investments in Russia highest in decade despite Western sanctions
Investments by German businesses in the Russian economy exceeded €3 billion in 2018, marking the highest level since before the financial crisis more than a decade ago, according to the Russian-German Chamber of Commerce. “Despite Western sanctions along with Russia’s retaliatory measures the volume of investments by German corporations into the Russian economy last hit Read More

WPP Energy GmbH has signed a binding MOU to purchase a 90% stake in BioPower

1 week ago DieselGasoil Comments Off on WPP Energy GmbH has signed a binding MOU to purchase a 90% stake in BioPower
 WPP TOKEN is poised to be accepted as a payment method to purchase BioPower Stock Geneva Switzerland, April 15, 2019 (GLOBE NEWSWIRE) —   WPP Energy GmbH, a private Swiss Company (“WPP”) announced today that its Board of Directors has approved, and that the Company has entered into a Binding Memorandum Of Understanding with BioPower Operations Read More