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TC Energy shuts oil line as flooding disrupts U.S. Gulf terminals: traders

6 hours ago DieselGasoil Comments Off on TC Energy shuts oil line as flooding disrupts U.S. Gulf terminals: traders
NEW YORK (Reuters) – TC Energy Corp’s Marketlink oil pipeline from Cushing, Oklahoma, to Nederland, Texas, was shut as flooding disrupted operations at U.S. Gulf Coast terminals, traders familiar with the matter said on Thursday. Dangerous flash floods inundated parts of southeastern Texas on Thursday as Tropical Depression Imelda dumped the last of its rains, Read More

Amazon vows to be carbon neutral by 2040, buying 100,000 electric vans

10 hours ago DieselGasoil Comments Off on Amazon vows to be carbon neutral by 2040, buying 100,000 electric vans
WASHINGTON (Reuters) – Amazon.com Inc Chief Executive Officer Jeff Bezos on Thursday committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 100,000 electric delivery vans from a start-up the online retailer has invested in. FILE PHOTO: The logo of Amazon is seen at the company Read More

Schlumberger highlights “The Future is Open” at SIS Global Forum

14 hours ago DieselGasoil Comments Off on Schlumberger highlights “The Future is Open” at SIS Global Forum
9/19/2019 LONDON – Schlumberger announced today its biennial event, the SIS Global Forum 2019, has surpassed expectations, laying firm foundations for a new era of openness and widespread collaboration in the oil and gas industry. This reaffirms the importance of the Forum in bringing together key industry players and enabling the acceleration of the digital Read More

Wall Street futures tick lower after mixed policy signals from Fed

14 hours ago DieselGasoil Comments Off on Wall Street futures tick lower after mixed policy signals from Fed
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing. New projections showed Read More

Kvaerner invests to increase productivity and competitiveness

15 hours ago DieselGasoil Comments Off on Kvaerner invests to increase productivity and competitiveness
Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group’s advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up a significant part of offshore Read More

Oil rises amid doubts about speed of Saudi recovery from attacks

15 hours ago DieselGasoil Comments Off on Oil rises amid doubts about speed of Saudi recovery from attacks
By Grant Smith on 9/19/2019 LONDON (Bloomberg) – Oil rose amid doubts about the speed of Saudi Arabia’s recovery from the weekend’s attack on its facilities that knocked out a large chunk of its production. Futures gained 2.1% in New York after paring around half of Monday’s 15% surge over the past two days. The Read More

Airbus to boost cooperation with China, Tianjin to be firm’s manufacturing center in Asia

15 hours ago DieselGasoil Comments Off on Airbus to boost cooperation with China, Tianjin to be firm’s manufacturing center in Asia
Airbus has announced plans to enhance its long-term collaboration with China’s aviation industry, ramping up single-aisle production at its Tianjin final assembly line and forming new ties with Chinese suppliers. The European aircraft manufacturer will begin plans to assemble six A320 planes a month at the Tianjin facility by the year’s end, which is a 50 Read More

Ryanair AGM narrowly approves bonus plan for CEO O’Leary

17 hours ago DieselGasoil Comments Off on Ryanair AGM narrowly approves bonus plan for CEO O’Leary
FILE PHOTO: Ryanair CEO Michael O’Leary holds a news conference in Machelen near Brussels, Belgium October 9, 2018. REUTERS/Francois Lenoir DUBLIN (Reuters) – Ryanair (RYA.I) shareholders narrowly approved a bonus scheme for Chief Executive Michael O’Leary on Thursday that could earn him around 100 million euros ($111 million) over five years. The bonus scheme, which Read More

Subsea 7 S.A. announces details of incentive schemes and share related awards

19 hours ago DieselGasoil Comments Off on Subsea 7 S.A. announces details of incentive schemes and share related awards
Luxembourg – 19 September 2019 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the “Company”) in accordance with the Oslo Børs rules, today announces the details of awards under its 2018 Long-Term Incentive Plan (the “Plan”) approved by the Board on 18 September 2019. The Company will make awards of 1,387,000 performance shares, subject Read More

Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise

1 day ago DieselGasoil Comments Off on Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise
New York — US crude inventories climbed 1.06 million barrels last week to 417.13 million barrels, as refiners cut runs while imports edged higher, US Energy Information Administration data showed Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The stock build was considered bearish for NYMEX crude futures, Read More