newszine

Why a Libyan oilfield grab could be a boon or bane for exports

3 days ago DieselGasoil Comments Off on Why a Libyan oilfield grab could be a boon or bane for exports
By Salma El Wardany on 1/17/2019 CAIRO (Bloomberg) — Forces loyal to Libya’s eastern leader Khalifa Haftar have swept into the country’s lawless and oil-rich southern region to expel militants and secure energy facilities. The operation, if successful, could put Haftar in control of most of Libya’s oil fields and help rejuvenate exports from OPEC’s Read More

Brazil’s Bolsonaro loosens gun laws in homicide-plagued nation

5 days ago DieselGasoil Comments Off on Brazil’s Bolsonaro loosens gun laws in homicide-plagued nation
Brazil’s new right-wing president has signed a decree that makes it easier for civilians to purchase firearms. Jair Bolsonaro believes it’s the answer to a rampant growth in violence. Fighting violent crimes and loosening gun ownership laws to “guarantee self-defense” were some one of Bolsonaro’s key campaign promises. Brazil saw a record 63,800 homicides in Read More

Nissan CEO calls for Renault board to review Ghosn findings

6 days ago DieselGasoil Comments Off on Nissan CEO calls for Renault board to review Ghosn findings
PARIS (Reuters) – Nissan (7201.T) expects alliance partner Renault’s (RENA.PA) board to back its ousting of Chairman Carlos Ghosn once it sees evidence from the Japanese carmaker’s investigation, Chief Executive Hiroto Saikawa said in a Monday newspaper interview. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference at its global Read More

Vast fracking waste dumps are destroying Patagonia’s indigenous land

1 week ago DieselGasoil Comments Off on Vast fracking waste dumps are destroying Patagonia’s indigenous land
Illegal fracking waste dumps are wreaking havoc on Argentina’s Patagonia region. Indigenous groups are suing some of the world’s biggest oil and gas companies for harming the environment in their ancestral lands. The Mapuche Confederation of Neuquen filed a lawsuit against Exxon, Total, Pan American Energy (partially owned by BP) and Treater Neuquen in December.  Read More

Are age-based funds protecting U.S. investors close to retirement?

1 week ago DieselGasoil Comments Off on Are age-based funds protecting U.S. investors close to retirement?
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) One of the biggest trends in retirement saving over the past decade has been the shift to target date funds – broadly diversified mutual fund products that automatically adjust the blend of stocks and bonds as your retirement date Read More

Canadian police can demand breath samples ANYWHERE under absurd new drunk ‘driving’ law

1 week ago DieselGasoil Comments Off on Canadian police can demand breath samples ANYWHERE under absurd new drunk ‘driving’ law
Canadian police can now demand breath samples from people in bars, at home, or anywhere they please, under a Kafkaesque new law aimed at curbing drunk driving that upends the idea of “innocent until proven guilty.” The draconian new law forces Canadians to prove they weren’t drunk when they were driving – even if they Read More

Parex Tests a Combined 3,800 bopd from the Andina-2 Guadalupe Formation

1 week ago DieselGasoil Comments Off on Parex Tests a Combined 3,800 bopd from the Andina-2 Guadalupe Formation
CALGARY, Alberta, Jan. 10, 2019 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update, highlighted by the testing of the Capachos Block Andina-2 well in the Guadalupe Formation. Capachos (WI Parex 50%, Ecopetrol S.A 50%): Read More

Vertex Energy, Inc. Applauds Federal Government for Passing a Bill Designed to Increase the Beneficial Reuse of Used Lubricating Oil

1 week ago DieselGasoil Comments Off on Vertex Energy, Inc. Applauds Federal Government for Passing a Bill Designed to Increase the Beneficial Reuse of Used Lubricating Oil
HOUSTON, Jan. 10, 2019 (GLOBE NEWSWIRE) — Vertex Energy, Inc. (VTNR), a specialty refiner and marketer of high-quality hydrocarbon products, is pleased to report that on December 21, President Trump signed H.R. 1733, directing the Secretary of Energy to review and update a report on the energy and environmental benefits of the re-Refining of used Read More

At China port, tariff drop a salve for hard-hit traders of American cars

1 week ago DieselGasoil Comments Off on At China port, tariff drop a salve for hard-hit traders of American cars
TIANJIN, China/SHANGHAI (Reuters) – In the Chinese port city of Tianjin, gray market traders of American-made cars, badly stung by a scything trade war and punitive tit-for-tat tariffs, are scrambling to take advantage of an opportunity they fear may prove only temporary. Imported vehicles are seen at a car dealership in Tianjin bonded zone, China Read More