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Mexico’s $5 billion debt bailout for Pemex ‘a one off’: deputy minister

6 days ago DieselGasoil Comments Off on Mexico’s $5 billion debt bailout for Pemex ‘a one off’: deputy minister
MEXICO CITY (Reuters) – Mexico’s $5 billion rescue package to pay down debt at Pemex is a one-of-a-kind transaction that should give the struggling state oil company breathing space to focus on output and costs, Deputy Finance Minister Gabriel Yorio said. Mexico’s Undersecretary of Finance and Public Credit Gabriel Yorio speaks during an interview Read More

Exclusive: Purdue Pharma nears partial opioid settlement, bankruptcy filing – sources

7 days ago DieselGasoil Comments Off on Exclusive: Purdue Pharma nears partial opioid settlement, bankruptcy filing – sources
NEW YORK (Reuters) – OxyContin maker Purdue Pharma LP is nearing a partial agreement to resolve widespread litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing its settlement offer in bankruptcy proceedings starting as soon as next week, people familiar with the matter said. FILE PHOTO: Read More

Sudan’s major floods present first challenge for its new leader

1 week ago DieselGasoil Comments Off on Sudan’s major floods present first challenge for its new leader
WAD RAMLI, Sudan (Reuters) – In Wad Ramli, a village outside the Sudanese capital of Khartoum, Alsamani Fathalrahman and his neighbors traveled in blue speedboats through flooded streets trying to salvage their belongings. FILE PHOTO: Sudanese people use boats to carry their belongings as they paddle through the flood waters near the River Nile in Read More

US proudly admits to bribery & extortion of Iranian oil tanker captains after open piracy fails

2 weeks ago DieselGasoil Comments Off on US proudly admits to bribery & extortion of Iranian oil tanker captains after open piracy fails
The US State Department is openly using organized crime tactics, including bribery and extortion, in an effort to bend Iran to its will after its usual allies refused to get sucked into a coalition to ‘police’ the Persian Gulf. The Pentagon admits that “no plan” has yet come together to combat Iranian oil tanker traffic Read More

Iran announces new scaling back of nuclear deal commitments

2 weeks ago DieselGasoil Comments Off on Iran announces new scaling back of nuclear deal commitments
Tehran has announced a decision to further scale down its commitments to the 2015 nuclear deal. The move comes just as the US ramped up sanctions against Iran and is seen as a response to the EU’s inability to counter Washington. The new scaling down of the commitments to the agreement, officially known as the Read More

US posts $15mn bounty for help with ‘disrupting’ finances of Iran’s Revolutionary Guard Corps

2 weeks ago DieselGasoil Comments Off on US posts $15mn bounty for help with ‘disrupting’ finances of Iran’s Revolutionary Guard Corps
Published time: 4 Sep, 2019 16:15 Follow RT on The US government has offered a reward of up to $15 million for information that helps “disrupt” the financial operations of Iran’s Revolutionary Guard Corps (IRGC), while slapping a new round of sanctions on Tehran. The lavish bounty was announced on Wednesday as part of the Read More

Russia’s S7 Airlines raises funds to plant 1 million trees in wildfire ravaged Siberia

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Russia’s largest private carrier S7 Airlines announced on Wednesday that it has raised the required amount of money to plant one million trees in wildfire devastated Siberia. The company launched an initiative last month to make up for the loss of forests inflicted by wildfires which have spread over more than 3 million hectares (11,500 Read More

Sunrun To Help Power Hawaii With Rooftop Solar and Battery Network

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SAN FRANCISCO, Sept. 04, 2019 (GLOBE NEWSWIRE) — Sunrun Inc. (Nasdaq:RUN), the nation’s leading home solar, battery storage and energy services company, will participate in Hawaiian Electric Company’s emerging grid services market by delivering electricity from home solar and batteries to the utility as part of an innovative Grid Services Purchase Agreement with Open Access Read More