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Tokyo court denies latest bail request of Nissan's Ghosn

5 hours ago DieselGasoil Comments Off on Tokyo court denies latest bail request of Nissan's Ghosn
TOKYO (Reuters) – Carlos Ghosn’s latest request for bail was rejected by a Tokyo court on Tuesday, despite the ousted Nissan chairman offering to wear an electronic ankle tag in an unusual bid to win release after two months of detention for alleged financial crimes. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Read More

Locus Bio-Energy hires veteran oil industry executive as CEO

16 hours ago DieselGasoil Comments Off on Locus Bio-Energy hires veteran oil industry executive as CEO
1/21/2019 Photo: Locus Bio-Energy Solutions CEO Jon Rogers. SOLON, Ohio — Jon Rogers, a highly respected global oilfield executive who served in senior roles at BP and Clariant, has been named CEO of Locus Bio-Energy Solutions, a disruptive technology company whose unique bio-chemical based production and drilling fluid chemistries are increasing oil production and safety, Read More

Nissan's Ghosn offers to wear electronic ankle tag to get bail

17 hours ago DieselGasoil Comments Off on Nissan's Ghosn offers to wear electronic ankle tag to get bail
TOKYO (Reuters) – Ousted Nissan Chairman Carlos Ghosn has offered to wear an electronic ankle tag and hire guards to monitor him in an unusual bid to secure his release on bail after two months of detention in Japan for alleged financial crimes. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends Read More

Japan resumes oil imports from Iran after latest US sanctions

19 hours ago DieselGasoil Comments Off on Japan resumes oil imports from Iran after latest US sanctions
Tokyo has resumed purchases of Iranian oil for the first time since suspending imports in line with US sanctions against the Islamic Republic, according to reports citing a Japanese Refinery and the head of Iranian Central Bank. Japan, one of Iran’s largest oil importers, stopped buying Iranian crude more than a month before Washington unleashed Read More

Lockheed sees potential exports of 200 F-16 jets from proposed Indian plant

19 hours ago DieselGasoil Comments Off on Lockheed sees potential exports of 200 F-16 jets from proposed Indian plant
NEW DELHI (Reuters) – Lockheed Martin (LMT.N) sees a potential export market of more than $20 billion for its F-16 fighter aircraft from an assembly line in India it has offered to set up in order to win a large Indian military order, a top executive said. FILE PHOTO: A U.S. F-16 aircraft makes a Read More

Bomb attack on Kurdish-US convoy in Syria reportedly kills 5

22 hours ago DieselGasoil Comments Off on Bomb attack on Kurdish-US convoy in Syria reportedly kills 5
A car bomb detonated close to a militia checkpoint in the Kurd-held city of Al-Shaddadah in northwestern Syria as a US-Kurdish convoy was passing by. At least five people may have been killed. According to the Kurdish Hawar News Agency, the explosives were hidden in a Hyundai car, which detonated at a checkpoint set at Read More

Doctor behind gene-edited babies acted alone, will be punished say Chinese authorities

22 hours ago DieselGasoil Comments Off on Doctor behind gene-edited babies acted alone, will be punished say Chinese authorities
After rocking the scientific community by helping to create ‘AIDS-resistant’ children using banned gene-editing techniques, Chinese investigators have confirmed that Dr He Jiankui will be punished for his experiment. “This behavior seriously violates ethics and the integrity of scientific research, is in serious violation of relevant national regulations, and creates a pernicious influence at home Read More

Huge backlog could trigger new wave of shale oil

1 day ago DieselGasoil Comments Off on Huge backlog could trigger new wave of shale oil
The number of drilled but uncompleted wells (DUCs) in the US shale patch has skyrocketed by roughly 60 percent over the past two years. That leaves a rather large backlog that could add a wave of new supply, even if the pace of drilling begins to slow. The backlog of DUCs has continued to swell, Read More