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UK’s Jersey Oil & Gas advances Buchan revamp with new blocks

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Highlights Plan combines Verbier and legacy Buchan field Equinor has option to join in Buchan project First oil output targeted in 2024 London — The UK regulator on Monday awarded independent Jersey Oil & Gas license blocks in the North Sea that could enable a redevelopment of the defunct Buchan oil field and nearby finds. Read More

Trump denies Iran held ‘CIA spies’ after ‘breaking ring’

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Claims from Iran that it broke up a CIA spying ring have been dismissed as “totally false” by Donald Trump. Iran also said it had sentenced some of the 17 suspects to death But the US president said the claims contained “zero truth”. Mr Trump tweeted: “The report of Iran capturing CIA spies is totally Read More

‘Zero truth’: Trump says Iran’s claim it captured CIA spies is ‘totally false’

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US President Donald Trump has denied reports that over a dozen CIA operatives were captured in Iran, calling it ‘just more lies and propaganda’ on Tehran’s part. The allegation is a desperate measure by a “badly failing” government with a “dead” economy, Trump tweeted on Monday. It mirrors earlier comments made by Secretary of State Read More

‘Not a threat or a bluff’: Turkey promises tit-for-tat response if US imposes sanctions over S-400s

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Ankara has warned it will retaliate in kind if the US imposes sanctions on Turkey over its purchase of Russian S-400 defense systems, while Moscow has hinted at a potential expansion of defense cooperation with Turkey. The first deliveries of Russian surface-to-air S-400 defense systems arrived in Turkey earlier in July, as part of a Read More

Indonesia plans cloud seeding to avoid crop failure

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JAKARTA (Reuters) – Indonesia is preparing to carry out cloud seeding in an effort to trigger rainfall to prevent harvest failure and forest fire, the disaster mitigation agency’s spokesman said on Monday. The agency’s data shows that on July 22 about 20,269 hectares of agricultural land were at risk of harvest failure because of drought. Read More

Franklin Electric Declares Payment of Quarterly Cash Dividend

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FORT WAYNE, Ind., July 22, 2019 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.145 per share payable August 15, 2019, to shareholders of record on August 1, 2019. Franklin Electric is a global leader in the production and marketing of Read More

Thai farmers asked to delay rice planting as drought bites

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BANGKOK (Reuters) – The Thai government has asked farmers to delay planting rice because of drought and the pumping of water from reservoirs for irrigation threatens household supplies, an agriculture ministry official said on Monday. Farmers in the world’s second-biggest rice exporter usually plant their main crop in May, the beginning of the rainy season, Read More

‘Election gimmicks’: Head of Sri Lanka church blasts ‘selfish’ govt over Easter bombings probe

4 hours ago DieselGasoil Comments Off on ‘Election gimmicks’: Head of Sri Lanka church blasts ‘selfish’ govt over Easter bombings probe
The head of Sri Lanka’s Roman Catholic Church has lambasted the country’s government over its alleged failure to avert the tragic Easter week bombings there, which killed 258 and left hundreds permanently injured. “The selfish power-hungry leaders did not worry about ordinary people… The leaders did not heed intelligence warnings… the Security Council did Read More

TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform

4 hours ago DieselGasoil Comments Off on TerraForm Power to Acquire Large-Scale U.S. Distributed Generation Platform
Investment Highlights Acquisition is expected to add ~320 megawatts of distributed generation assets in 20 states and in the District of Columbia Expected to grow TerraForm Power’s distributed generation portfolio to ~750 megawatts, making it one of the largest distributed generation businesses in the United States Portfolio consists of recently constructed assets that have an Read More

Crude futures rise as traders watch geopolitical tensions; Brent at $63.80, WTI at $56.78

4 hours ago DieselGasoil Comments Off on Crude futures rise as traders watch geopolitical tensions; Brent at $63.80, WTI at $56.78
Crude oil futures extended gains from the end of last week on Monday as traders continued to eye geopolitical tensions threatening supply from the Middle East and Libya. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 1035 GMT front-month ICE Brent September futures were up $1.33/b from Friday’s Read More