newszine

Tesla to sack over 3,000 workers amid poor profits and Model 3 production challenges

1 hour ago DieselGasoil Comments Off on Tesla to sack over 3,000 workers amid poor profits and Model 3 production challenges
Electric car maker Tesla is planning to fire around seven percent of its full-time staff, as the road ahead will be “very difficult,” according to an email sent to employees by CEO Elon Musk. In the letter, published on Tesla’s website, Musk cited “tiny” profits and pressure to deliver lower cost Model 3 vehicles “in Read More

Swiss court overturns arrest of Russia’s Gazprom assets which Ukraine claims were seized

3 hours ago DieselGasoil Comments Off on Swiss court overturns arrest of Russia’s Gazprom assets which Ukraine claims were seized
Switzerland’s high court has overruled an injunction blocking payments from the operators of the Nord Stream gas pipeline at the request of Ukrainian state gas firm Naftogaz, according to Russian energy giant Gazprom. The Stockholm arbitration court had previously ruled that all payments from Gazprom’s subsidiaries would be transferred to Swiss bailiffs. “On January 16, Read More

Providence Resources P.l.c. – Licence Update – Avalon – Approval of Conversion to Frontier Exploration Licence 2/19

7 hours ago DieselGasoil Comments Off on Providence Resources P.l.c. – Licence Update – Avalon – Approval of Conversion to Frontier Exploration Licence 2/19
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION LICENCE UPDATEAVALONAPPROVAL OF CONVERSION TO FRONTIER EXPLORATION LICENCE 2/19 Dublin and London – January 18, 2019 – Providence Resources P.l.c. (PVR LN, PRP ID), the Irish based Oil and Gas Exploration Company (the “Company”), today provides an update on Licensing Option (“LO”) 16/27, operated by TOTAL E&P Ireland B.V. (“TOTAL”) Read More

Broke teen who sold kidney for an iPhone now bedridden for life

8 hours ago DieselGasoil Comments Off on Broke teen who sold kidney for an iPhone now bedridden for life
A Chinese man is now bedridden for life after he sold his kidney as a teenager to the black market to buy the latest Apple products. Wang Shangkun was 17 years old when he made the fateful decision. Shortly after the illegal surgery he began suffering from a decreased level of kidney function. Eight years on, the 25-year-old Read More

Facebook blocks accounts linked to Russian state-owned Sputnik

8 hours ago DieselGasoil Comments Off on Facebook blocks accounts linked to Russian state-owned Sputnik
(Reuters) – Facebook Inc (FB.O) said on Thursday it had removed hundreds of Russia-initiated accounts, which it judged to be involved in coordinated inauthentic behavior on its platforms, including some linked to state-owned news agency Sputnik. FILE PHOTO: The logo of Facebook is pictured during the Viva Tech start-up and technology summit in Paris, France, Read More

Ultra Petroleum Corp. Announces Favorable Opinion for Company on Make-Whole Litigation Appeal

15 hours ago DieselGasoil Comments Off on Ultra Petroleum Corp. Announces Favorable Opinion for Company on Make-Whole Litigation Appeal
ENGLEWOOD, Colo., Jan. 17, 2019 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) announces that earlier today, the U.S. Court of Appeals for the Fifth Circuit delivered a favorable opinion in the appeal proceedings by Ultra Petroleum about the make-whole claims that had been asserted against the Company. This is Read More

Husky Energy soars because investors love a failure

16 hours ago DieselGasoil Comments Off on Husky Energy soars because investors love a failure
By Tina Davis on 1/17/2019 Pikes Peak South. Photo: Husky Energy. NEW YORK (Bloomberg) — For Husky Energy Inc., it may not be the shots you make that matter so much as the ones you miss. The Calgary-based oil company soared 16%, the most in almost 10 years, on Thursday after announcing that it would Read More

Legality of drilling permits issued during shutdown challenged

16 hours ago DieselGasoil Comments Off on Legality of drilling permits issued during shutdown challenged
By Jennifer A. Dlouhy on 1/17/2019 Photo: Bakken Shale. WASHINGTON (Bloomberg) — The Trump administration’s decision to keep issuing oil drilling permits during the government shutdown is putting those authorizations in legal jeopardy, environmentalists argued in a filing Thursday. The Bureau of Land Management has already violated a federal spending law and legal requirements for Read More

‘He’s cute!’: Serbian president gifts Putin fierce and loyal Balkan sheepdog

18 hours ago DieselGasoil Comments Off on ‘He’s cute!’: Serbian president gifts Putin fierce and loyal Balkan sheepdog
Pasha, a 3-month-old Sarplaninac with a seven-generation family tree, became the fifth canine to be given to Vladimir Putin since he first became president in 2000, but is perhaps the most symbolic furry gift he has ever received. “He’s cute!” exclaimed Putin, after an exchange with his Serbian counterpart Aleksandr Vucic at his residence in Read More