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Hopes for trade breakthrough fade as China cancels U.S. farm visits

1 day ago DieselGasoil Comments Off on Hopes for trade breakthrough fade as China cancels U.S. farm visits
CHICAGO (Reuters) – A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska amid two days of ongoing talks in Washington. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song Chinese officials were expected Read More

Factbox: Attacks on Saudi oil units affecting major Asian crude buyers differently

3 days ago DieselGasoil Comments Off on Factbox: Attacks on Saudi oil units affecting major Asian crude buyers differently
Singapore — The attacks on Saudi Aramco’s oil facilities have exposed Asia’s vulnerabilities in absorbing supply disruptions with purpose-built emergency stocks, which either don’t exist or fall short of global standards. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While organizations like the International Energy Agency have coordinated strategic Read More

Analysis: Saudi disruptions expose Asia’s deficient emergency oil reserves

3 days ago DieselGasoil Comments Off on Analysis: Saudi disruptions expose Asia’s deficient emergency oil reserves
Singapore — The attacks on Saudi Aramco’s oil facilities have exposed Asia’s vulnerabilities in absorbing supply disruptions with purpose-built emergency stocks, which either don’t exist or fall short of global standards. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While organizations like the International Energy Agency have coordinated strategic Read More

India’s state-run refineries assured of ‘uninterrupted’ Saudi supplies in Oct

3 days ago DieselGasoil Comments Off on India’s state-run refineries assured of ‘uninterrupted’ Saudi supplies in Oct
Singapore — Indian state-run refineries will receive uninterrupted crude supplies from Saudi Arabia in October, oil ministry officials said Thursday, allaying fears of any temporary supply disruption due to the recent attacks on Saudi Aramco’s key oil facilities. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now India’s oil minister Read More

US, Canadian oil producers stress supply security after Saudi attack

5 days ago DieselGasoil Comments Off on US, Canadian oil producers stress supply security after Saudi attack
Washington — Permian Basin drillers watch for new export demand Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Price spike could lead Alberta to ease curtailment Trump brags about US net energy exports The North American upstream sector on Monday was cautiously watching the price impact of the weekend’s Read More

Factbox: What needs to happen before Boeing’s 737 MAX can fly again

1 week ago DieselGasoil Comments Off on Factbox: What needs to happen before Boeing’s 737 MAX can fly again
(In September 13 story, corrects name of European Union Aviation Safety Agency from European Aviation and Space Agency in paragraph 15) An unpainted Boeing 737 MAX aircraft is seen parked in an aerial photo at Renton Municipal Airport near the Boeing Renton facility in Renton, Washington, U.S. July 1, 2019. Picture taken July 1, 2019. Read More

STEO highlights: Global oil demand growth to fall below 1 million b/d in 2019: US EIA

2 weeks ago DieselGasoil Comments Off on STEO highlights: Global oil demand growth to fall below 1 million b/d in 2019: US EIA
Highlights EIA trims 2020 oil price averages by $3/b US to become net oil exporter in October US oil output to hit 13 million b/d in February Washington — The US Energy Information Administration Tuesday cut its outlook for 2019 global oil demand growth 100,000 b/d to 890,000 b/d, which would put it below 1 Read More

UK shale gas driller mulling sale due to fracing challenges

2 weeks ago DieselGasoil Comments Off on UK shale gas driller mulling sale due to fracing challenges
By Kelly Gilblom and Dinesh Nair on 9/9/2019 LONDON (Bloomberg) – Investors backing closely-held Cuadrilla Resources, which pioneered UK shale gas drilling before becoming mired in red tape, are exploring options including an outright sale of the company. Shareholders including private equity firm Riverstone Holdings LLC, which has a direct 45% holding, and Kerogen Capital, Read More

‘It’s a tip of an iceberg’: Bulgarian journo reveals how US-purchased arms end up with ISIS in Yemen

2 weeks ago DieselGasoil Comments Off on ‘It’s a tip of an iceberg’: Bulgarian journo reveals how US-purchased arms end up with ISIS in Yemen
Mortar shells shown in an Islamic State propaganda video have put a Bulgarian journalist on the scent of an alleged US-run arms shipping network supplying militants in the Middle East, she told RT in an exclusive interview. This story began back in June, when Islamic State (IS, formerly ISIS) terrorists in Yemen demonstrated several Serbian-made Read More