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Saudi Aramco says it can keep oil flowing if Hormuz hit

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By Heesu Lee on 6/25/2019 SEOUL (Bloomberg) –Saudi Arabian Oil has the experience and infrastructure it needs to keep crude flowing should supply through the Strait of Hormuz be disrupted, according to the CEO of the state-run producer.“We are increasing our readiness,” Amin Nasser said in an interview in Seoul on Tuesday. “We can supply Read More

Sacked rugby star’s new fundraiser earning $1,000 a minute

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Israel Folau has found another way to raise funds for his legal battle against Rugby Australia after his GoFundMe page was shut down. The sacked Australian rugby star had his $5m (£2.7m) contract with the Wallabies and his club side the Sydney-based New South Wales Waratahs terminated in May over a social media post which Read More

Nissan pours cold water on hopes for quick fix to Renault strain

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YOKOHAMA, Japan (Reuters) – Nissan Motor on Tuesday threw cold water on hopes for a quick-fix to its strained relations with France’s Renault SA, saying inequality between the partners could unravel their two-decade-old automaking alliance. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global headquarters building in Read More

Nissan says to postpone talks on deepening alliance, focus on recovery

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FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global headquarters building in Yokohama, Japan, December 17, 2018. REUTERS/Kim Kyung-Hoon/File Photo YOKOHAMA, Japan (Reuters) – Nissan Motor Co will postpone talks with French partner Renault on deepening their alliance and instead focus on its own recovery, Chief Executive Read More

It’s in your blood: New Alzheimer’s test lets doctors detect dementia in ‘under 1 hour’

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A team of scientists claim to have developed the world’s first blood test that can detect Alzheimer’s disease. The pioneering method may prove vital in dealing with the impending dementia crisis the world could face this century. The Amplified Plasmonic Exosome (Apex) system was developed by researchers at the National University of Singapore (NUS) and Read More

BHGE, C3.ai announce JV to deliver AI solutions across the oil and gas industry

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6/24/2019 HOUSTON and REDWOOD — Baker Hughes, a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry. AI in the oil Read More

Venezuela’s oil production set for another drop

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Venezuela’s oil production fell to a new low last month, as economic crisis and sanctions continue to strangle the industry. Venezuela’s output fell by 35,000 bpd in May, plunging to 741,000 bpd for the month, according to OPEC’s secondary sources, the lowest total in about a half century. The problems for Venezuela are not new Read More

VivoPower International PLC Announces US Solar Portfolio Sale Update and Major Contract Wins in Australian Solar and Data Centers Resulting in Record Forward Order Book

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LONDON, June 24, 2019 (GLOBE NEWSWIRE) — VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”), an international solar and power services company, is pleased to provide an update on the status of its US solar portfolio sale. Since the last update, the sale process has progressed further with new international parties now engaged. In Read More

GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights

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Monaco, June 24, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog”, the “General Partner”, or the “GP”) (NYSE: GLOG) and GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today an agreement to eliminate the GP’s incentive distribution rights (“IDRs”) in exchange for newly issued limited partner (“LP”) units. In exchange for the IDRs, Read More

Netanyahu to Bolton: Any Palestine deal ‘must include’ Israeli presence in Jordan Valley

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Benjamin Netanyahu, who on Sunday toured the West Bank with John Bolton, said he will listen to US peace proposals – but added that “any future agreement” with Palestine must guarantee an Israeli presence in the Jordan Valley. Footage posted on Sunday showed Israel’s prime minister and the US national security adviser overlooking the Israeli-occupied Read More