newszine

Changing the world, one supplier at a time

7 hours ago DieselGasoil Comments Off on Changing the world, one supplier at a time
5/20/2019 Photo: Blue Bull Energy President & Founder, Blue Bell Energy. LONDON — The oil & gas industry can be proud of the opportunities it creates in developing countries. The problem is that local suppliers are often overwhelmed by the complex array of international and national standards relating to the industry across everything from Health Read More

Oil rises on Middle East tensions & key crude producers’ reluctance to raise output

11 hours ago DieselGasoil Comments Off on Oil rises on Middle East tensions & key crude producers’ reluctance to raise output
Crude prices rallied on Monday, hitting multi-week highs amid geopolitical tensions, as Saudi Arabia and fellow oil suppliers signaled that they might keep output cuts after the OPEC+ deal expires. Brent crude futures enjoyed a positive start to the week and rose 1.3 percent to $73.11 per barrel at 08:11am GMT, having earlier reached $73.39, Read More

Greenpeace activists block BP London HQ demanding end to oil exploration

12 hours ago DieselGasoil Comments Off on Greenpeace activists block BP London HQ demanding end to oil exploration
LONDON (Reuters) – Greenpeace activists blocked the entrance to BP’s London headquarters on Monday, demanding one of the world’s biggest energy companies ends all new oil and gas exploration or goes out of business. Greenpeace activists scale the BP headquarters after installing barricades, made of containers, blocking the entrance at St James Square, London, Britain Read More

China’s tech transfer problem is growing, EU business group says

15 hours ago DieselGasoil Comments Off on China’s tech transfer problem is growing, EU business group says
BEIJING (Reuters) – Cases of European firms forced to transfer technology in China are increasing despite Beijing saying the problem does not exist, a European business lobby said, adding that its outlook on the country’s regulatory environment is “bleak”. FILE PHOTO: An attendant walks past EU and China flags ahead of the EU-China High-level Economic Read More

If Tehran wants to fight, that’ll be the official end of Iran, Trump warns

1 day ago DieselGasoil Comments Off on If Tehran wants to fight, that’ll be the official end of Iran, Trump warns
US President Donald Trump has threatened Tehran that it would “the official end” if it fights in a tweet as Washington builds up its military presence close to Iran. It’s unclear what triggered the US leader as all the Iranian officials were saying in recent days is that they want to avoid a military confrontation Read More

Iraq says ExxonMobil evacuation of staff Is `unacceptable’

1 day ago DieselGasoil Comments Off on Iraq says ExxonMobil evacuation of staff Is `unacceptable’
By Khalid Al-Ansary on 5/19/2019 Photo: Iraq Oil Minister Thamir Ghadhban. BAGHDAD (Bloomberg) — The evacuation of some ExxonMobil Corp. workers is “unacceptable and unwarranted” because it has nothing to do with the security situation in southern Iraq, according the country’s energy minister. “This withdrawal may send the wrong message about the situation in Iraq, Read More

OPEC has two main options for June meeting, both foresee output rise: sources

1 day ago DieselGasoil Comments Off on OPEC has two main options for June meeting, both foresee output rise: sources
An employee adjusts the Mexican flag at the meeting room before the OPEC 14th Meeting of the Joint Ministerial Monitoring Committee in Jeddah, Saudi Arabia, May 19, 2019. REUTERS/Waleed Ali (Reuters) – Saudi Arabia and Russia are discussing two main scenarios for a meeting of OPEC and its oil-producer allies in June and both frameworks Read More

Arab nations begin ‘enhanced security patrols’ in Persian Gulf – US Fifth Fleet

1 day ago DieselGasoil Comments Off on Arab nations begin ‘enhanced security patrols’ in Persian Gulf – US Fifth Fleet
The US and its allies began enhanced maritime security patrols in the international waters of the Persian Gulf in close cooperation with the US Fifth Fleet on Saturday, amid Washington’s tensions with Iran. The Countries of the Gulf Cooperation Council (GCC) were“specifically increasing communication and coordination with each other in support of regional naval cooperation Read More

US warns airliners about risks of flying over Persian Gulf

2 days ago DieselGasoil Comments Off on US warns airliners about risks of flying over Persian Gulf
US diplomats have warned that US air carriers and commercial operators flying over the Persian Gulf face a risk from being “misidentified” as tensions between US and Iran continue to escalate. The warning relayed on Saturday by officials in Kuwait and the UAE came from a Federal Aviation Administration (FAA) Notice to pilots published on Read More

Polling starts to close in Australian election

3 days ago DieselGasoil Comments Off on Polling starts to close in Australian election
Polls have started to close in an election likely to deliver Australia’s sixth prime minister in as many years. Opinion polls suggest the conservative Liberal Party-led coalition will lose its bid for a third term, leaving current prime minister Scott Morrison having had one of the shortest tenures in the nation’s history. Polling closed in Read More