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'Shell-shocked' R Kelly arrested after handing himself in to police

10 hours ago DieselGasoil Comments Off on 'Shell-shocked' R Kelly arrested after handing himself in to police
By Sanya Burgess, news reporter R Kelly has been arrested after handing himself in to police to face 10 charges of aggravated criminal sexual abuse. It is expected the singer will be held overnight and appear in court on Saturday where he will be given the option of posting bail. The R&B star, whose legal Read More

Death & displacement in Colombia, but silence from Washington – Lee Camp

10 hours ago DieselGasoil Comments Off on Death & displacement in Colombia, but silence from Washington – Lee Camp
Following a visit to the US by Colombian President Ivan Duque earlier this month, Redacted Tonight host Lee Camp spoke with two Colombian activists who painted a grim picture of life in Washington’s top anti-Venezuela ally. Though Washington has found Colombia a willing ally in its fight for regime change in Caracas, US involvement in Read More

Israel's chief geologist says latest bidding round offers changes and upgrades

13 hours ago DieselGasoil Comments Off on Israel's chief geologist says latest bidding round offers changes and upgrades
By Kurt Abraham, Editor-in-Chief, World Oil on 2/22/2019 HOUSTON — The history of Israel’s gas and oil development can be subdivided into two distinct periods: 1955 to 1995, and 1999 to today. In the first period, roughly 450 wells were drilled onshore and offshore Israel. The onshore Heletz oil field was discovered in the 1950s, Read More

SDRL – Launches Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025 and Contingent Tender Offer

15 hours ago DieselGasoil Comments Off on SDRL – Launches Consent Solicitation for Proposed Amendments to 12.0% Senior Secured Notes due 2025 and Contingent Tender Offer
Hamilton, Bermuda, February 22, 2019 – Seadrill Limited (the “Company”) has commenced a consent solicitation (the “Consent Solicitation”) process to amend certain terms of the indenture and the escrow agreement related to its outstanding 12.0% Senior Secured Notes due 2025 (the “Notes”). Contingent on the successful completion of the Consent Solicitation, the Company plans to Read More

British fraud office abandons Rolls-Royce, GSK investigations

20 hours ago DieselGasoil Comments Off on British fraud office abandons Rolls-Royce, GSK investigations
LONDON (Reuters) – The UK’s Serious Fraud Office (SFO) has abandoned two of its largest and longest investigations, into alleged bribery at aero engine maker Rolls-Royce and drugs maker GlaxoSmithKline, in a move described by one lawyer as “extraordinary”. A sign is displayed in an unmarked Serious Fraud Office vehicle parked outside a building, in Read More

China denies banning Australian coal, says imports continue as normal

22 hours ago DieselGasoil Comments Off on China denies banning Australian coal, says imports continue as normal
The Chinese Foreign Ministry has denied reports of putting restrictions on coal shipments from Australia. Delays in handling coal imports were due to stepped up inspections to protect the environment, it said on Friday. “In recent years, China Customs has found that some of the imported coal didn’t meet our environmental protection standards when it Read More

UBS sticks to dividend, capital return plans after French verdict

22 hours ago DieselGasoil Comments Off on UBS sticks to dividend, capital return plans after French verdict
LONDON (Reuters) – UBS plans to stick to its proposed dividend for 2018, CEO Sergio Ermotti said on Friday, two days after the Swiss bank was hit with a 4.5 billion euro ($5.1 billion) penalty in a French tax ruling that the bank has appealed. FILE PHOTO: A man walks past a UBS logo projected Read More

Exclusive: Safety problem found at Orano's Finnish reactor before start-up – regulator

22 hours ago DieselGasoil Comments Off on Exclusive: Safety problem found at Orano's Finnish reactor before start-up – regulator
FILE PHOTO: A general view of the unfinished Olkiluoto-3 nuclear reactor in Eurajoki, Finland August 17, 2017. REUTERS/Lefteris Karagiannopoulos/File Photo OSLO (Reuters) – Finland’s nuclear regulator has identified a safety issue at Olkiluoto 3, a 1.6-gigawatt reactor built by France’s Orano, and the problem needs to be fixed before the unit can receive a permit Read More

JPMorgan trades banker offices for shared desks

1 day ago DieselGasoil Comments Off on JPMorgan trades banker offices for shared desks
NEW YORK – JPMorgan Chase & Co is tearing down walls and moving its San Francisco investment bankers onto “hot desks,” a space-saving layout that has long been a fixture at tech companies, while redesigning offices in Dallas and other cities. A view of the exterior of the JP Morgan Chase & Co. corporate headquarters Read More

Flying bulldog’? Researchers uncover GIANT BEE thought to be extinct for 3 decades

1 day ago DieselGasoil Comments Off on Flying bulldog’? Researchers uncover GIANT BEE thought to be extinct for 3 decades
The “holy grail of bees” has been discovered lurking in an Indonesian forest. Unseen by humans since 1981 and believed to be extinct, the thumb-length Wallace’s giant bee was finally spotted by a conservation group. A Global Wildlife Conservation search team found and photographed Wallace’s giant bee (Megachile pluto) nesting in a termite mound in Read More