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OPEC member fans out to Australia, Canada in global gas push

15 hours ago DieselGasoil Comments Off on OPEC member fans out to Australia, Canada in global gas push
By Fiona MacDonald on 6/26/2019 KUWAIT (Bloomberg) — Kuwait plans to boost production from Canadian shale deposits by two thirds and increase output of natural gas in Australia as the OPEC member ramps up efforts to find and develop overseas deposits of the fuel. The international upstream arm of state-owned Kuwait Petroleum Corp. sees output Read More

Japan watchdog to recommend $24 million fine for Nissan over Ghosn pay: source

18 hours ago DieselGasoil Comments Off on Japan watchdog to recommend $24 million fine for Nissan over Ghosn pay: source
FILE PHOTO: The Nissan logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Jonathan Ernst TOKYO (Reuters) – Japan’s markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Read More

Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts

1 day ago DieselGasoil Comments Off on Exclusive: In a world first, Facebook to give data on hate speech suspects to French courts
PARIS (Reuters) – In a world first, Facebook has agreed to hand over the identification data of French users suspected of hate speech on its platform to judges, France’s minister for digital affairs Cedric O said on Tuesday. O, whose father is South Korean, is one of French President Emmanuel Macron’s earliest followers, and has Read More

Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings

2 days ago DieselGasoil Comments Off on Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings
(Reuters) – Lawyers for Huawei’s chief financial officer urged Canada’s justice minister on Monday to withdraw extradition proceedings against Meng Wanzhou, who has been detained in Vancouver since December on U.S. fraud charges. FILE PHOTO: Huawei’s Financial Chief Meng Wanzhou leaves her family home in Vancouver, British Columbia, Canada, May 8, 2019. REUTERS/Lindsey Wasson/File Photo Read More

Trump threatens to lessen US security role in Strait of Hormuz, unveils sanctions

2 days ago DieselGasoil Comments Off on Trump threatens to lessen US security role in Strait of Hormuz, unveils sanctions
Highlights In tweet, Trump signals change to 40-year-old maritime security doctrine Analyst sees move as a negotiating tactic amid heightened US-Iran tensions US unveils new sanctions on Iranian leaders following attacks on drone, tankers Washington — Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now President Donald Trump signaled Monday Read More

Fed officials face weak inflation, but split over what it means

5 days ago DieselGasoil Comments Off on Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was “close” to its inflation target and three others warning the weak price increases posed major risks the Fed may need to attack with lower interest rates. FILE Read More

Canadian oil industry dismayed as contentious energy bills become law

5 days ago DieselGasoil Comments Off on Canadian oil industry dismayed as contentious energy bills become law
CALGARY, Alberta (Reuters) – Two pieces of legislation opposed by Canada’s oil and gas industry that fulfill Liberal government promises to protect the environment will become law on Friday. Canada’s Prime Minister Justin Trudeau speaks as Canada’s Foreign Minister Chrystia Freeland listens during a news conference at the Canadian Embassy, in Washington, U.S. June 20, Read More

Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency

6 days ago DieselGasoil Comments Off on Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency
TAIPEI (Reuters) – Foxconn chose chip-unit boss Liu Young-way as chairman of the world’s biggest electronics contract manufacturer to succeed Terry Gou, who is preparing to contest Taiwan’s presidential elections next year. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Read More

Southeast Asian nations, among worst ocean polluters, aim to curb plastic debris

6 days ago DieselGasoil Comments Off on Southeast Asian nations, among worst ocean polluters, aim to curb plastic debris
BANGKOK (Reuters) – Thai zero-waste advocate Thanaboon Somboon never leaves his home without what he calls a full “weaponry” of reusable shopping bags, coffee tumblers and stainless steel straws for his daily battle against single-use plastic. FILE PHOTO: A plastic bottle washed up by the sea is seen at the Ao Phrao Beach, on the Read More