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Toyota, Panasonic to set up EV battery JV in 2020: source

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TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Panasonic Corp (6752.T) are set to launch a joint venture next year to produce batteries for electric vehicles (EV) in an effort to compete with Chinese rivals, a source familiar with the matter said. Toyota Motor Corp President Akio Toyoda (L) and Panasonic Corp President Kazuhiro Tsuga Read More

Funeral held for Polish mayor after fatal on-stage stabbing

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Thousands have attended the funeral of Polish mayor Pawel Adamowicz after he was stabbed to death on stage at a charity event. The 53-year-old mayor of Gdansk died on Monday after being attacked the night before during a fundraiser to help provide money for hospital equipment. He underwent five hours of surgery for wounds to Read More

Lords of war: US weapons factories dominate global arms trade

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The latest report by Stockholm International Peace Research Institute (SIPRI) revealed that sales of arms and military services by global majors totaled $398.2 billion in 2017, marking a 44 percent growth over the past 15 years. “The overall number excludes Chinese data due to the lack of available information to allow for a reasonable or Read More

Canada dismisses China's warning of repercussions over Huawei ban

2 days ago DieselGasoil Comments Off on Canada dismisses China's warning of repercussions over Huawei ban
SHERBROOKE, Quebec (Reuters) – Canada’s government on Friday dismissed China’s warning of repercussions if Ottawa banned Huawei Technologies Co Ltd from supplying equipment to 5G networks, saying it would not compromise on security. FILE PHOTO: Canada’s Minister of Public Safety Ralph Goodale answers questions from media on the second day of Foreign ministers meetings Read More

U.S. consumer sentiment at two-year low, manufacturing rebounds

2 days ago DieselGasoil Comments Off on U.S. consumer sentiment at two-year low, manufacturing rebounds
WASHINGTON (Reuters) – U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. FILE PHOTO: Shoppers carry bags of purchased merchandise Read More

Moscow’s pick of new envoy to conflict-ridden CAR is ‘good choice’ – ex-diplomat to RT

2 days ago DieselGasoil Comments Off on Moscow’s pick of new envoy to conflict-ridden CAR is ‘good choice’ – ex-diplomat to RT
Moscow has assigned a new envoy to the Central African Republic (CAR) as the country faces fresh internal conflicts. However, appointing a new ambassador is nothing out of the ordinary, a veteran diplomat told RT. Vladimir Titorenko was appointed ambassador to CAR on Tuesday. He replaced Sergei Lobanov, who had been Moscow’s envoy since 2011. Read More

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

3 days 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

Wild Well Control has expanded its Montrose Facility, UK

3 days ago DieselGasoil Comments Off on Wild Well Control has expanded its Montrose Facility, UK
1/17/2019 Photo: WellCONTAINED subsea capping stack. HOUSTON — Wild Well Control, a Superior Energy Services well control and engineering services company, has announced the expansion of its Montrose facility at South Ferryden, UK. Wild Well maintains the WellCONTAINED subsea containment system at Montrose Port. The WellCONTAINED system provides the most comprehensive package of subsea emergency Read More