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Wirecard says all subsidiaries are audited, denying FT report

2 hours ago DieselGasoil Comments Off on Wirecard says all subsidiaries are audited, denying FT report
FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany September 6, 2018. REUTERS/Michael Dalder FRANKFURT (Reuters) – German digital payments company Wirecard on Wednesday said all its subsidiaries were subject to regular audits, denying a Financial Times Read More

Drydocks World completes 5th project for the Arabian Gulf

16 hours ago DieselGasoil Comments Off on Drydocks World completes 5th project for the Arabian Gulf
4/24/2019 AQAM installation, offshore Middle East. Photo: Drydock World. DUBAI — Drydocks World, service provider to the marine, offshore, oil, gas and renewable energy sectors, has completed the 5th wellhead platform AQAM for TechnipFMC and end-client Dubai Petroleum. The topside is an oil and gas processing module weighing 900 t, designed for unmanned offshore operation Read More

Saudis see no need for immediate action on oil market

18 hours ago DieselGasoil Comments Off on Saudis see no need for immediate action on oil market
By Anthony DiPaola, Matthew Martin and Yousef Gamal El-Din on 4/24/2019 DUBAI (Bloomberg) — Saudi Arabia’s energy minister said the world’s biggest oil exporter sees no need to take immediate action in the crude market, signaling a cautious response to the U.S. decision to tighten sanctions on Iran. The kingdom won’t significantly raise output in Read More

Tighter U.S. sanctions on Iranian oil will cost Asia but supply will flow

2 days ago DieselGasoil Comments Off on Tighter U.S. sanctions on Iranian oil will cost Asia but supply will flow
SINGAPORE (Reuters) – Asian buyers of Iranian crude are well placed to overcome the end of U.S. sanctions waivers as they have demonstrated they can live without it and as global producers have the capacity to make up a shortfall, according to analysts and trade data. FILE PHOTO: A gas flare on an oil production Read More

Goldman says removal of Iran oil sanctions waivers to have limited impact

2 days ago DieselGasoil Comments Off on Goldman says removal of Iran oil sanctions waivers to have limited impact
The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid (Reuters) – Goldman Sachs expects the United States’ decision to end waivers from sanctions on imports of Iranian oil to have a limited Read More

American drillers surge, Saudi agrees to steady oil supply after Iran waivers cease

2 days ago DieselGasoil Comments Off on American drillers surge, Saudi agrees to steady oil supply after Iran waivers cease
By Javier Blas, Salma El Wardany, Nayla Razzouk, Rachel Adams-Heard and Stephen Cunningham on 4/22/2019 Photo: XTO. LONDON, CAIRO, DUBAI, HOUSTON and WASHINGTON (Bloomberg) – Some of the biggest beneficiaries of sanctions aimed at crippling Iran are oil companies on the other side of the world. Drillers based in places like Texas, Oklahoma and California Read More

Iran says ready for U.S. waivers end, as Guards threaten to shut Hormuz

3 days ago DieselGasoil Comments Off on Iran says ready for U.S. waivers end, as Guards threaten to shut Hormuz
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo DUBAI (Reuters) – Tehran is prepared for a U.S. decision to end waivers granted to buyers of Iranian crude, an Iranian oil ministry source said Read More

Iran threatens to close Strait of Hormuz, vital to oil shipments, if waivers end

3 days ago DieselGasoil Comments Off on Iran threatens to close Strait of Hormuz, vital to oil shipments, if waivers end
By Arsalan Shahla and Ladane Nasseri on 4/22/2019 Strait of Hormuz. Photo: Britannica. DUBAI (Bloomberg) — Iran will close the Strait of Hormuz, a waterway vital for global oil shipments, if the country is prevented from using it, a senior military official said on Monday in what appears to be a response to the U.S. Read More

U.S. will fail to cut Iran oil exports to zero -ministry source to Tasnim agency

3 days ago DieselGasoil Comments Off on U.S. will fail to cut Iran oil exports to zero -ministry source to Tasnim agency
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo DUBAI (Reuters) – The United States will fail to cut Iranian oil exports to zero, as Iran is ready for any U.S. decision to end Read More

U.S. will fail to cut Iran oil exports to zero – ministry source to Tasnim agency

3 days ago DieselGasoil Comments Off on U.S. will fail to cut Iran oil exports to zero – ministry source to Tasnim agency
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo DUBAI (Reuters) – The United States will fail to cut Iranian oil exports to zero, as Iran is ready for any U.S. decision to end Read More