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Libya oil boss sees output gain with hope of BP pumping soon

6 mins ago DieselGasoil Comments Off on Libya oil boss sees output gain with hope of BP pumping soon
By Annmarie Hordern and Salma El Wardany on 3/18/2019 LONDON and CAIRO (Bloomberg) — Libya boosted crude production by a third after restarting its biggest field, and its top oil official sees further gains when companies like BP Plc invest and start pumping oil in the politically divided OPEC nation. The Sharara field in southern Read More

ADNOC awards Japan's INPEX onshore exploration concession in block bid round

7 hours ago DieselGasoil Comments Off on ADNOC awards Japan's INPEX onshore exploration concession in block bid round
3/18/2019 Takayuki Ueda, president and CEO, INPEX Corporation and His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO. ABU DHABI — The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japan’s INPEX Corporation. A wholly-owned INPEX subsidiary, Read More

Jumbo wins offshore subsea decommissioning project in the North Sea

7 hours ago DieselGasoil Comments Off on Jumbo wins offshore subsea decommissioning project in the North Sea
3/18/2019 SCHIEDAM, The Netherlands — Jumbo has been awarded an offshore decommissioning project in the North Sea by TAQA Energy BV, involving the removal, transportation and disposal of three subsea protection domes and piles. The removal operation will take place in the offshore series of fields located in the P15 block 35 km northwest of Read More

Brexit crisis tipped for British asparagus as EU seasonal workers stay away

17 hours ago DieselGasoil Comments Off on Brexit crisis tipped for British asparagus as EU seasonal workers stay away
ROSS-ON-WYE, England (Reuters) – For almost 100 years, Chris Chinn’s family has farmed asparagus in the rolling hills of the Wye Valley in western England. Asparagus ready for picking is seen in a growing tunnel at Cobrey Farm in Ross-on-Wye, Britain, March 11, 2019. Picture taken March 11, 2019. REUTERS/Peter Nicholls This year, he fears Read More

Algeria's crisis clouds the future for OPEC oil cuts

19 hours ago DieselGasoil Comments Off on Algeria's crisis clouds the future for OPEC oil cuts
By Julian Lee on 3/17/2019 WASHINGTON, D.C. (Bloomberg Opinion) — Meet the exclusive group of oil producers that nobody wants to join. Algeria’s deepening political crisis has made its future oil production extremely uncertain. So, ignominiously, it is now the latest OPEC member to have become so vulnerable that it forms part of the “Shaky Read More

OPEC's Barkindo says rebound in oil investments 'very minimal'

2 days ago DieselGasoil Comments Off on OPEC's Barkindo says rebound in oil investments 'very minimal'
BAKU (Reuters) – The investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow, OPEC Secretary General Mohammed Barkindo said. FILE PHOTO: OPEC Secretary General Mohammed Barkindo speaks with the media during his visit to Abuja, Nigeria Febuary 27, 2017.REUTERS/Afolabi Sotunde Barkindo was talking Read More

Historic floods hit Nebraska after 'bomb cyclone' storm

2 days ago DieselGasoil Comments Off on Historic floods hit Nebraska after 'bomb cyclone' storm
(Reuters) – Large parts of Nebraska and the U.S. Central Plains were underwater on Saturday after a late-winter “bomb cyclone” storm triggered historic flooding along the Missouri and Platte rivers, causing two deaths, tearing apart homes and swallowing roadways. The National Weather Service predicted dangerous flooding would continue through the weekend in Nebraska and in Read More

If new gene-edited cooking oil is a scientific marvel just say so – but don’t secretly feed it to us

2 days ago DieselGasoil Comments Off on If new gene-edited cooking oil is a scientific marvel just say so – but don’t secretly feed it to us
With a new generation of genetically-altered foods, manufacturers are still trying to gain public acceptance by stealth. If they are sure of their product, they should convince people to buy it, not sneak it into the food chain. This week, Minnesota biotech firm Calyxt announced the first commercial gene-edited product on the US market – Read More

U.S. farm belt slammed by floods, heavy snow from bomb cyclone

3 days ago DieselGasoil Comments Off on U.S. farm belt slammed by floods, heavy snow from bomb cyclone
(Reuters) – A harsh late winter storm broadsided a vast swathe of the U.S. agriculture industry this week as heavy snow closed roads and buried cattle in the Plains while excessive rain flooded Midwest farm fields and swamped grain elevators. FILE PHOTO: A man tries to get the cows to higher ground, Turkey Creek, near Read More

'Bomb cyclone' triggers flooding on Mississippi, Missouri rivers

3 days ago DieselGasoil Comments Off on 'Bomb cyclone' triggers flooding on Mississippi, Missouri rivers
(Reuters) – A powerful, late-winter “bomb cyclone” storm pushed into the U.S. Midwest and the Great Lakes region on Friday, causing flooding along the Mississippi and Missouri rivers, stranding herds of cattle and raising alarms at a Nebraska nuclear power plant. A general view of the blizzard in Greeley, Colorado, U.S. March 13, 2019 in Read More