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Ghosn hit with new allegations of improper payments

7 hours ago DieselGasoil Comments Off on Ghosn hit with new allegations of improper payments
Scandal-hit Renault boss Carlos Ghosn improperly received €7.8m (£7m) from a joint venture between Nissan and Mitsubishi, the carmakers allege. Netherlands-based Nissan-Mitsubishi BV says the payment was made despite no discussion with the other two board members, Nissan chief executive Hiroto Saikawa and Mitsubishi CEO Osamu Masuko. Ghosn was arrested on 19 November on charges of Read More

Ghosn received $9 million improperly from Nissan-Mitsubishi JV: companies

12 hours ago DieselGasoil Comments Off on Ghosn received $9 million improperly from Nissan-Mitsubishi JV: companies
TOKYO (Reuters) – Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture (JV) between Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T), the companies said on Friday. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends the Tomorrow In Motion event on Read More

Is Facebook's '10-Year Challenge' meme a creepy facial recognition gambit?

12 hours ago DieselGasoil Comments Off on Is Facebook's '10-Year Challenge' meme a creepy facial recognition gambit?
By now, all of your social media feeds are probably brimming with then-and-now pictures showing the “glow-up” or positive transformations of people — including celebrities, friends, family or random folks — sharing decade-old images of themselves, alongside current photographs. Although the meme that’s proliferated on Facebook, Instagram and Twitter is a great way to show how Read More

Gevo and Avfuel Partner to Supply Sustainable Jet Fuel for the Business Jets Fuel Green Event at Van Nuys Airport

19 hours ago DieselGasoil Comments Off on Gevo and Avfuel Partner to Supply Sustainable Jet Fuel for the Business Jets Fuel Green Event at Van Nuys Airport
ENGLEWOOD, Colo., Jan. 17, 2019 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) announced today that it is supplying its sustainable and renewable alcohol-to-jet fuel (ATJ) to Avfuel Corporation for use at the Business Jets Fuel Green: A Step Toward Sustainability event, scheduled for January 17, 2019, at the Van Nuys Airport (VNY) in Southern California.  Read More

CVR Refining Announces CVR Energy’s Exercise of Right to Purchase Common Units

21 hours ago DieselGasoil Comments Off on CVR Refining Announces CVR Energy’s Exercise of Right to Purchase Common Units
SUGAR LAND, Texas, Jan. 17, 2019 (GLOBE NEWSWIRE) — CVR Refining, LP (NYSE: CVRR) (the “Partnership”) announced today that CVR Energy, Inc. (“CVR Energy”) (NYSE: CVI) has elected to exercise the right (the “Call Right”) assigned to it by CVR Refining GP, LLC (the “General Partner”), the general partner of the Partnership and an indirect Read More

CVR Energy Reports Exercise of Right to Purchase Common Units of CVR Refining

21 hours ago DieselGasoil Comments Off on CVR Energy Reports Exercise of Right to Purchase Common Units of CVR Refining
SUGAR LAND, Texas, Jan. 17, 2019 (GLOBE NEWSWIRE) — CVR Energy, Inc. (NYSE: CVI) (“CVR Energy”) announced today that it has elected to exercise the right (the “Call Right”) assigned to it by CVR Refining GP, LLC (the “General Partner”), the general partner of CVR Refining, LP (NYSE: CVRR) (the “Partnership”) and an indirect wholly Read More

Husky Offer For MEG Expires Without Extension

1 day ago DieselGasoil Comments Off on Husky Offer For MEG Expires Without Extension
Offer expired January 16 with minimum tender condition not met Husky will not extend its offer given lack of MEG Board and shareholder support Company to focus on developing its deep portfolio of organic growth projects as set out at Investor Day on May 28, 2018 Potential divestment of Husky’s retail business and Prince George Read More

‘An utter disgrace’: NYT accused of using Nairobi attack victims as clickbait

1 day ago DieselGasoil Comments Off on ‘An utter disgrace’: NYT accused of using Nairobi attack victims as clickbait
The New York Times has been excoriated online for its decision to publish highly-graphic images of victims of the Nairobi terrorist attack, with many accusing ‘the paper of record’ of hypocrisy, double standards and even racism. The NYT’s article covering the attack, penned by the organization’s East Africa Bureau Chief Kimiko de Freytas-Tamura, contains images Read More

Prosafe SE: Operational update Q4 2018

3 days ago DieselGasoil Comments Off on Prosafe SE: Operational update Q4 2018
The fleet utilisation rate in the fourth quarter of 2018 was 63 per cent (Q4 2017: 36.1 per cent), up from 48 per cent in the third quarter of 2018 and at its highest since Q3 2015. The fleet utilisation for the year was 47.3 per cent (2017: 38.4 per cent). The improved utilisation for Read More