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Oil declines as China plans tariffs on imported US crude, escalating trade fight

5 hours ago DieselGasoil Comments Off on Oil declines as China plans tariffs on imported US crude, escalating trade fight
New York — Oil settled lower Friday amid renewed concerns that spiraling US-China trade tensions could blunt global energy demand growth. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX October WTI settled down $1.18 at $54.17/b, and ICE October Brent was 58 cents lower on the day at Read More

China to impose 5% tariff on US crude from Sep 1: State Council

9 hours ago DieselGasoil Comments Off on China to impose 5% tariff on US crude from Sep 1: State Council
Singapore — China’s plans to levy 5% tariff on US crude imports from September 1 caused a drop in benchmark crude prices Friday, jeopardized seaborne US crude shipments heading to China and limiting buying interest in US crude from Chinese refiners. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

The Koch Empire: What we know about deceased US billionaire David Koch

10 hours ago DieselGasoil Comments Off on The Koch Empire: What we know about deceased US billionaire David Koch
David Koch – one of America’s wealthiest men, with a net worth of more than $40 billion, and a major political donor – passed away on Friday aged 79. RT looks at the Koch business empire. Koch was the 11th richest person on the planet and, at the time of his death, had a net Read More

China to slap retaliatory tariffs on $75 billion-worth of US goods, targeting soybeans, oil & cars

11 hours ago DieselGasoil Comments Off on China to slap retaliatory tariffs on $75 billion-worth of US goods, targeting soybeans, oil & cars
Beijing has finally unveiled its response to Washington’s latest tariffs, vowing to hike levies on $75 billion-worth of US exports and to resume 25 percent tariffs on American automobiles. Beijing’s response measures will be implemented at the same stage as Washington’s, which plans to levy tariffs on $300 billion-worth of Chinese products on September 1 Read More

Poland getting ready to welcome major shipments of America’s ‘freedom gas’

12 hours ago DieselGasoil Comments Off on Poland getting ready to welcome major shipments of America’s ‘freedom gas’
Poland will be ready to purchase large volumes of US liquefied natural gas (LNG) starting 2022 or 2023, the country’s state-run natural gas company PGNiG has announced. At the present time, the country is actively buying LNG from a number of countries, according to PGNiG’s Vice-President of the Management Board for Trade, Maciej Woźniak. “Since Read More

China to slap retaliatory tariffs on $75 billion-worth of US goods, resume levies on American cars

13 hours ago DieselGasoil Comments Off on China to slap retaliatory tariffs on $75 billion-worth of US goods, resume levies on American cars
Beijing has finally unveiled its response to Washington’s latest tariffs, vowing to hike levies on $75 billion-worth of US exports and to resume 25 percent tariffs on American automobiles. Beijing’s response measures will be implemented at the same stage as Washington’s, which plans to levy tariffs on $300 billion-worth of Chinese products on September 1 Read More

Major toy maker Hasbro to buy out ‘Peppa Pig’ owner eOne for $4 billion

15 hours ago DieselGasoil Comments Off on Major toy maker Hasbro to buy out ‘Peppa Pig’ owner eOne for $4 billion
Top American toy maker Hasbro has announced a deal to acquire the owner of popular children’s series “Peppa Pig” Entertainment One (eOne) for approximately £3.3 billion (US$4 billion). The share price of Canadian studio eOne, which trades on the London Stock Exchange, surged more than 30 percent on Friday, less than 24 hours after the Read More

Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel

16 hours ago DieselGasoil Comments Off on Enerflex Announces Appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David Izett as Senior Vice President, General Counsel
CALGARY, Alberta, Aug. 23, 2019 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”) announced today the appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer and David H. Izett as Senior Vice President, General Counsel, effective September 9, 2019. Mr. Bishnoi is a proven Chief Financial Officer with over 20 Read More

Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources

16 hours ago DieselGasoil Comments Off on Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources
FRANKFURT (Reuters) – Thyssenkrupp (TKAG.DE) is in talks with Kloeckner & Co (KCOGn.DE) over future cooperation in materials trading, but is not exploring a near-term takeover of the metals firm, three people familiar with the matter said. FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company’s headquarters in Essen, Germany, November 21, Read More

Earth’s final frontier: Russia’s floating nuclear power plant leaves for new Arctic home

16 hours ago DieselGasoil Comments Off on Earth’s final frontier: Russia’s floating nuclear power plant leaves for new Arctic home
The world’s first floating nuclear power plant (NPP), designed and built by Russia, is set to start its trip across the Arctic to its ‘workplace’ in the Chukotka Region and will provide Russia’s remote areas with heat and energy. During a special ceremony on Friday the unique vessel, called the ‘Akademik Lomonosov,’ will leave the Read More