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Cycle of panic & death: Humankind totally not ready for global pandemic, emergency preparedness group warns

3 hours ago DieselGasoil Comments Off on Cycle of panic & death: Humankind totally not ready for global pandemic, emergency preparedness group warns
A sudden lethal pandemic could wipe out tens of millions of people, destroy the world’s economies, and leave humanity in chaos, according to a new report from an emergency preparedness body that isn’t alarmist in the slightest. Citing a reactionary “cycle of panic and neglect” in which health emergencies are dealt with as they arise, Read More

Guggenheim’s Minerd says aggressive Fed moves can delay recession, but not avoid it

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FILE PHOTO: Scott Minerd, Chairman of Guggenheim Investments and Global Chief Investment Officer, speaks during the Reuters Global Investment 2019 Outlook Summit, in New York, U.S., November 12, 2018. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Guggenheim Partners global chief investment officer Scott Minerd warned on Tuesday the firm’s recession forecast model showed a 58% Read More

Investors turn heat on Big Oil ahead of U.N. climate summit

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LONDON (Reuters) – Investors managing $15 trillion in assets turned up the heat on oil and gas sector on Wednesday ahead of a United Nations summit in New York aimed at accelerating efforts to fight climate change. FILE PHOTO: Vapor is released into the sky at a refinery in Wilmington, California March 24, 2012. REUTERS/Bret Read More

Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions

8 hours ago DieselGasoil Comments Off on Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions
WASHINGTON/DUBAI (Reuters) – The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, an assessment that further increases tension in the Middle East. Three officials, speaking to Reuters on condition of anonymity, said the attacks involved both cruise missiles and Read More

Saudi Arabia to restore 11 million b/d production capacity within two weeks: energy minister

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Highlights Abqaiq is processing some 2 million b/d Oil prices fall after Saudi attack update Aramco IPO plan still set for next 12 months London — Saudi Arabia expects to restore most of the crude production affected by attacks on two of its key oil facilities within two weeks, the country’s energy minister said Tuesday, Read More

Trump to bar California from setting vehicle emission rules: sources

8 hours ago DieselGasoil Comments Off on Trump to bar California from setting vehicle emission rules: sources
WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own greenhouse gas and vehicle fuel efficiency standards and barring all states from setting such rules, two auto industry officials said on Tuesday. FILE PHOTO: Reacquired Volkswagen and Audi diesel (gasoil) cars sit in a Read More

Saudi Arabia partially restores output at damaged oil plant

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By Anthony DiPaola on 9/17/2019 DUBAI (Bloomberg) – Saudi Arabia attempted to move beyond the worst oil disruption in its history, assuring the world that crude exports will not suffer, its damaged facility had partially restarted and production capacity would be back to normal within months. The long-awaited statement on Tuesday from the kingdom — Read More

Official says U.S. believes Saudi attacks came from southwest Iran

10 hours ago DieselGasoil Comments Off on Official says U.S. believes Saudi attacks came from southwest Iran
WASHINGTON/DUBAI (Reuters) – The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, giving an assessment that further increases tension in the Middle East. Three officials, speaking to Reuters on condition of anonymity, said the attacks involved both cruise missiles Read More

Trump to bar California from setting vehicle emissions rules: sources

10 hours ago DieselGasoil Comments Off on Trump to bar California from setting vehicle emissions rules: sources
WASHINGTON (Reuters) – The Trump administration will announce as early as Wednesday it is revoking California’s authority to set its own vehicle greenhouse gas standards and blocking states from setting tailpipe emission rules — a move that will spark a furious legal challenge, two auto industry officials said on Tuesday. FILE PHOTO: Reacquired Volkswagen and Read More

Swedish climate activist Thunberg asks U.S. Congress for action, not praise

10 hours ago DieselGasoil Comments Off on Swedish climate activist Thunberg asks U.S. Congress for action, not praise
WASHINGTON (Reuters) – Swedish teenage climate change activist Greta Thunberg on Tuesday called for action, not praise, from U.S. lawmakers as she joined other youth leaders in kicking off two days of meetings and speeches on Washington’s Capitol Hill. Swedish 16-year-old youth climate activist Greta Thunber sits on the side amongst other youth climate activists Read More