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Saudis have not asked for crude after attacks: Iraqi oil minister

3 days ago DieselGasoil Comments Off on Saudis have not asked for crude after attacks: Iraqi oil minister
Dubai — Saudi Arabia has not asked Iraq for crude supplies, Iraqi oil minister Thamir al-Ghadhban said Thursday, denying reports that his country had fielded a request from its neighbor to compensate for a shortfall caused by the weekend’s attacks on two key facilities. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

‘Insurance policy for planet Earth’: Space agencies to smash spacecraft into asteroid at over 14,000 mph

3 days ago DieselGasoil Comments Off on ‘Insurance policy for planet Earth’: Space agencies to smash spacecraft into asteroid at over 14,000 mph
NASA and the ESA are finally set to test the Earth’s planetary defenses to see whether we can successfully defend ourselves from the apparent scourge of space rocks. But the scientists are not sure what’s going to happen. The target they have chosen is the asteroid Didymos B, roughly 160 meters in diameter, one half Read More

Dubai futures: Brent/Dubai spread tightens as Saudi Arabia seeks Iraqi crude

4 days ago DieselGasoil Comments Off on Dubai futures: Brent/Dubai spread tightens as Saudi Arabia seeks Iraqi crude
Singapore — Benchmark Dubai crude futures’ discount to ICE Brent tightened in mid-morning trading in Asia Thursday, as sour crude traders digested news that Saudi Arabia might look to Iraq for extra crude volume to meet its supply commitments to term customers and for its own refinery network. Not registered? Receive daily email alerts, subscriber Read More

Saudi Arabia looking to buy Iraqi crude in wake of recent attacks: sources

4 days ago DieselGasoil Comments Off on Saudi Arabia looking to buy Iraqi crude in wake of recent attacks: sources
Highlights Aramco contacted SOMO for Basrah Light barrels SOMO yet to comply with request Saudi focusing on diverting more barrels for export Singapore — The world’s largest crude exporter, Saudi Arabia has approached Iraq’s State Oil Marketing Organization to buy Iraqi crude as it looks to fill a supply shortfall in the wake of the Read More

Nigeria’s Bonny Light on force majeure due to line closure: Shell

4 days ago DieselGasoil Comments Off on Nigeria’s Bonny Light on force majeure due to line closure: Shell
Exports of Nigeria’s Bonny Light crude have been under force majeure since Friday following the closure of the Nembe Creek Trunk line, terminal operator Shell said Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The force majeure has been in place since Friday morning following “the shutdown of Read More

World sleepwalking into total nuclear war as callous elites fear no bloodshed – Russian scholar

6 days ago DieselGasoil Comments Off on World sleepwalking into total nuclear war as callous elites fear no bloodshed – Russian scholar
Limiting nuclear arsenals doesn’t make the world safer – not while the elites, who have never seen a big war, complacently believe they never will. This dangerous illusion invites apocalyptic conflict, a renowned scholar believes. Humankind’s history might be a history of wars, but for several decades there was a sort of lull, with no Read More

Ridged red planet: Sand dunes of Mars revealed in stunning new detailed PHOTO

6 days ago DieselGasoil Comments Off on Ridged red planet: Sand dunes of Mars revealed in stunning new detailed PHOTO
ESA and Roscosmos scientists studying the frozen wastes of the north polar region of Mars have captured a truly stunning sight, rolling, cracking dunes made by sublimating CO2 gas, creating a truly out of this world landscape. Using highly specialized camera equipment, scientists can study the wind patterns on the Red Planet and, more specifically, Read More

Saudi attacks reveal oil supply’s fragility in asymmetric war

1 week ago DieselGasoil Comments Off on Saudi attacks reveal oil supply’s fragility in asymmetric war
By Anthony DiPaola and Verity Ratcliffe on 9/15/2019 DUBAI (Bloomberg) – The latest and most destructive attacks on Saudi oil facilities provide stark evidence of the vulnerability of global crude supply in an age of disruptive technologies that can bring a century-old industry – temporarily at least – to its knees. Saudi Arabia slashed crude Read More

APPEC: PetroChina to suspend direct imports of Venezuelan crude but China has other options

1 week ago DieselGasoil Comments Off on APPEC: PetroChina to suspend direct imports of Venezuelan crude but China has other options
Singapore — State-run PetroChina will suspend directly buying crude oil from Venezuela, in accordance with US sanctions on the South American producer, but China will continue to procure Venezuelan oil through other means, company and industry sources said on the sidelines of the S&P Global Platts Asia Pacific Petroleum Conference in Singapore this week. Not Read More

Facepalm: Maths never helped Einstein ‘discover gravity,’ Indian minister says

1 week ago DieselGasoil Comments Off on Facepalm: Maths never helped Einstein ‘discover gravity,’ Indian minister says
India’s railways minister tried to warn against worrying about “GDP maths” as “maths never helped Einstein discover gravity,” seemingly unaware that the natural phenomenon was discovered nearly 200 years before Einstein was born. Speaking to reporters following a meeting with the Board of Trade, Minister for Railways and Commerce Piyush Goyal sought to reassure the Read More