newszine

China’s Xiaomi continues chip strategy revamp with investment in semiconductor designer

3 hours ago DieselGasoil Comments Off on China’s Xiaomi continues chip strategy revamp with investment in semiconductor designer
SHANGHAI (Reuters) – China’s Xiaomi Corp (1810.HK) has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation. FILE PHOTO: A customer walks out of a Xiaomi store in Beijing, China, Read More

Philadelphia refinery closure props up gasoline; could boost diesel (gasoil)

3 days ago DieselGasoil Comments Off on Philadelphia refinery closure props up gasoline; could boost diesel (gasoil)
London — The closure of the Philadelphia Energy Solutions refinery has not only stretched the trans-Atlantic gasoline arbitrage wide open but it leaves a gaping hole in US East Coast supply that could last for months, with demand for diesel (gasoil) also possibly getting a boost this winter. Not registered? Receive daily email alerts, subscriber Read More

EIA: Growth in Argentina’s Vaca Muerta shale, tight gas production leads to LNG exports

3 days ago DieselGasoil Comments Off on EIA: Growth in Argentina’s Vaca Muerta shale, tight gas production leads to LNG exports
7/12/2019 WASHINGTON, DC — Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 Bcfd in December 2018. As production has grown, Argentina has resumed exporting natural gas by Read More

Growth in Argentina’s Vaca Muerta shale and tight gas production leads to LNG exports

3 days ago DieselGasoil Comments Off on Growth in Argentina’s Vaca Muerta shale and tight gas production leads to LNG exports
July 12, 2019 Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018. As production has grown, Argentina has resumed Read More

Oil firms on storm fears, continued geopolitical concerns

3 days ago DieselGasoil Comments Off on Oil firms on storm fears, continued geopolitical concerns
London — 1008 GMT: Crude oil futures were higher in early European trade, with the escalating geopolitical concerns that have dominated much of the week now being joined by concerns about the impact of Topical Storm Barry on the US Gulf Coast. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Futures 2: Oil firms on storm fears, continued geopolitical concerns

3 days ago DieselGasoil Comments Off on Futures 2: Oil firms on storm fears, continued geopolitical concerns
London — 1008 GMT: Crude oil futures were higher in early European trade, with the escalating geopolitical concerns that have dominated much of the week now being joined by concerns about the impact of Topical Storm Barry on the US Gulf Coast. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

June imports fall at top U.S. hub for China ocean trade

3 days ago DieselGasoil Comments Off on June imports fall at top U.S. hub for China ocean trade
LOS ANGELES (Reuters) – The Los Angeles and Long Beach port complex, the nation’s busiest and the No. 1 for ocean trade with China, – handled 5.1%fewer inbound containers of cargo in June, as the trade standoff between Washington and Beijing disrupts global supply chains. FILE PHOTO: Shipping containers are pictured at Yusen Terminals (YTI) Read More

US to sanction China if Iranian crude trade continues: State

3 days ago DieselGasoil Comments Off on US to sanction China if Iranian crude trade continues: State
US views Chinese imports as weakening ‘maximum pressure’ Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now China importing an estimated 150,000-200,000 b/d of Iranian crude The US will sanction China if it continues to import Iranian crude in violation of American sanctions, a US Department of State spokeswoman warned Read More

US zeros Venezuela, Kuwait and Nigeria crude imports as Canada flows surge: EIA

4 days ago DieselGasoil Comments Off on US zeros Venezuela, Kuwait and Nigeria crude imports as Canada flows surge: EIA
Highlights US crude imports on pace for lowest total since 1993 Canadian crude inflows climb to 3.95 million b/d US shipping 20% of its crude to Canadian refiners Washington — Crude oil flows between the US and Canada continued at or near record levels this month, as US importers zeroed out all imports from Venezuela, Read More

US refinery casualty set to ease Europe’s gasoline glut

4 days ago DieselGasoil Comments Off on US refinery casualty set to ease Europe’s gasoline glut
London — The planned closure of the fire-damaged Philadelphia refinery, the biggest on the US East Coast, has already riled the gasoline-hungry local market but will likely extend a limited lifeline to European refiners struggling to find buyers for their surplus gasoline. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More