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Pacific Islands leaders agree on climate plan with loopholes

3 days ago DieselGasoil Comments Off on Pacific Islands leaders agree on climate plan with loopholes
FUNAFUTI, Tuvalu (Reuters) – Pacific Islands leaders failed to agree on tough new climate change commitments at an annual summit on Thursday, agreeing instead to endorse a plan that allows them to opt out of specific measures they opposed. FILE PHOTO: New Zealand’s Prime Minister Jacinda Ardern speaks at the Istana in Singapore, May 17, Read More

Petrobras contract penalties swing Vantage Drilling to profit

4 days ago DieselGasoil Comments Off on Petrobras contract penalties swing Vantage Drilling to profit
8/14/2019 HOUSTON – Vantage Drilling reported net income of $590.7 million for the second quarter of 2019, thanks to payments of more than $700 million by Petrobras for terminating drilling vessel contracts. The net income stems from the recent payments by Petrobras of approximately $690.8 million to Vantage Deepwater Company, and by Petrobras America, a Read More

ViacomCBS is just the beginning of Shari Redstone’s media deals

4 days ago DieselGasoil Comments Off on ViacomCBS is just the beginning of Shari Redstone’s media deals
NEW YORK (Reuters) – More than two months before CBS Corp (CBS.N) and Viacom Inc (VIAB.O) succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger. FILE PHOTO: The Viacom office is seen in Hollywood, Los Angeles, California, April 24, 2018. REUTERS/Lucy Nicholson/File Photo Read More

Twenty-two states sue Trump administration over carbon rule replacement

4 days ago DieselGasoil Comments Off on Twenty-two states sue Trump administration over carbon rule replacement
FILE PHOTO: New York State Attorney General Letitia James speaks at a news conference to announce the filing of a federal lawsuit in partnership with at least 10 U.S. state attorneys general to stop a proposed $26 billion merger of mobile carriers Sprint and T-Mobile in New York, U.S., June 11, 2019. REUTERS/Mike Segar WASHINGTON Read More

Guyana isn’t ready for its pending oil riches, but ExxonMobil is

5 days ago DieselGasoil Comments Off on Guyana isn’t ready for its pending oil riches, but ExxonMobil is
By Kevin Crowley on 8/13/2019 HOUSTON (Bloomberg Markets) – This tiny nation on the north coast of South America is about to become the world’s newest petrostate—and potentially the richest. In 2015, ExxonMobil made what one of its executives described as a “fairy tale” discovery in the vast Stabroek exploration block off the Guyanese coast. Read More

Greens accuse Merkel of ‘voodoo fiscal policy’, want new debt for climate plan

6 days ago DieselGasoil Comments Off on Greens accuse Merkel of ‘voodoo fiscal policy’, want new debt for climate plan
BERLIN (Reuters) – The leader of Germany’s surging Greens party, a likely coalition partner in any new government, raised the pressure on Chancellor Angela Merkel’s conservatives on Monday to ditch their balanced budget goal and finance a climate protection plan with new debt. FILE PHOTO: Germany’s Greens party leader Robert Habeck addresses a news conference Read More

Ryanair Irish pilots back industrial action as unrest spreads

1 week ago DieselGasoil Comments Off on Ryanair Irish pilots back industrial action as unrest spreads
DUBLIN (Reuters) – Ryanair’s (RYA.I) directly employed pilots in Ireland on Friday voted in favor of industrial action unless pay demands are met swiftly, with Spanish pilots also threatening to join growing unrest at the airline. FILE PHOTO: Ryanair logo is pictured on the the jacket of a cabin crew member ahead of a news Read More