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Kvaerner invests to increase productivity and competitiveness

3 days 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

Factbox: Attacks on Saudi oil units affecting major Asian crude buyers differently

3 days ago DieselGasoil Comments Off on Factbox: Attacks on Saudi oil units affecting major Asian crude buyers differently
Singapore — The attacks on Saudi Aramco’s oil facilities have exposed Asia’s vulnerabilities in absorbing supply disruptions with purpose-built emergency stocks, which either don’t exist or fall short of global standards. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While organizations like the International Energy Agency have coordinated strategic Read More

Analysis: Saudi disruptions expose Asia’s deficient emergency oil reserves

3 days ago DieselGasoil Comments Off on Analysis: Saudi disruptions expose Asia’s deficient emergency oil reserves
Singapore — The attacks on Saudi Aramco’s oil facilities have exposed Asia’s vulnerabilities in absorbing supply disruptions with purpose-built emergency stocks, which either don’t exist or fall short of global standards. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While organizations like the International Energy Agency have coordinated strategic Read More

Netanyahu admits election results won’t let him form government, calls on rival Gantz to unite

3 days ago DieselGasoil Comments Off on Netanyahu admits election results won’t let him form government, calls on rival Gantz to unite
Benjamin Netanyahu reached out to his major rival Benny Gantz of the centrist Blue and White party, suggesting that they form a broad coalition and implicitly admitting defeat in Israel’s contentious general election. Netanyahu, who hopes to remain in power for the record fifth term, had made the appeal on Thursday, telling the media: “I Read More

Exclusive: Italy cuts 2019, 2020 GDP growth forecasts – sources

4 days ago DieselGasoil Comments Off on Exclusive: Italy cuts 2019, 2020 GDP growth forecasts – sources
ROME (Reuters) – Italy’s new government expects the economy to expand by only about 0.4% next year after eking out 0.1% growth this year, three sources close to the matter told Reuters, underscoring the need for an expansionary 2020 budget. The “CityLife” commercial and business district is seen under construction in Milan, Italy February 26, Read More

Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks

5 days ago DieselGasoil Comments Off on Facebook’s Libra in regulators’ sights as ECB’s Coeure warns of ‘stablecoin’ risks
ZURICH/LONDON (Reuters) – Facebook’s (FB.O) attempt to drag cryptocurrencies into the mainstream with its Libra digital coin met with further scepticism on Monday when an ECB board member said such “stablecoins” posed serious risks. FILE PHOTO: Benoit Coeure, board member of the European Central Bank (ECB), is photographed during an interview with Reuters journalists at Read More