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France asks EU for early farm aid to help drought-hit farmers

6 hours ago DieselGasoil Comments Off on France asks EU for early farm aid to help drought-hit farmers
FILE PHOTO: A corn field affected by drought is pictured in Montbert near Nantes, France July 16, 2019. REUTERS/Stephane Mahe/File Photo PARIS (Reuters) – France will ask the European Commission to bring forward the payment of 1 billion euros ($1.12 billion) of subsidies to help farmers cope with a hot spell that hurt crops and Read More

The way Iran seized British-registered oil tanker speaks volumes

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By Dominic Waghorn, diplomatic editor The way Iran seized the Stena Impero speaks volumes. Boarded using a helicopter and military speedboats, then ordered into port. That is exactly what happened to the Grace 1 Iranian supertanker seized by Gibraltarian forces just over a week ago. Iranians will like the symmetry of the two operations. Image: Read More

The way Iran seized the UK-flagged oil tanker speaks volumes

2 days ago DieselGasoil Comments Off on The way Iran seized the UK-flagged oil tanker speaks volumes
By Dominic Waghorn, diplomatic editor The way Iran seized the Stena Impero speaks volumes. Boarded using a helicopter and military speedboats, then ordered into port. That is exactly what happened to the Grace 1 Iranian supertanker seized by Gibraltarian forces just over a week ago. Iranians will like the symmetry of the two operations. Image: Read More

China Southern Airlines to receive $4 billion capital injection

2 days ago DieselGasoil Comments Off on China Southern Airlines to receive $4 billion capital injection
FILE PHOTO: The company logo of China Southern Airlines is displayed at a news conference in Hong Kong, China March 27, 2018. REUTERS/Bobby Yip SHANGHAI (Reuters) – China Southern Airlines (600029.SS) will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36 billion) of capital from three investors, the Read More

Iran seizes two UK tankers, ratchets up Strait of Hormuz oil flow risks

3 days ago DieselGasoil Comments Off on Iran seizes two UK tankers, ratchets up Strait of Hormuz oil flow risks
Highlights Stena Impero chemical tanker seized, VLCC Mesdar released Iran’s IRGC says it seized Stena Bulk for shipping violation: state TV UK foreign secretary ‘extremely concerned’ by incidents Washington — Iran seized a UK chemical tanker and briefly detained a UK-owned VLCC in the Strait of Hormuz Friday, ratcheting up regional tensions and risks to Read More

UK chemicals tanker attacked in Strait of Hormuz: owner Stena Bulk

3 days ago DieselGasoil Comments Off on UK chemicals tanker attacked in Strait of Hormuz: owner Stena Bulk
Washington — The UK-flagged Stena Impero chemicals tanker was attacked Friday by “unidentified small crafts and a helicopter” while transiting the Strait of Hormuz and is heading toward Iran, owner Stena Bulk confirmed. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Iran’s Islamic Revolutionary Guard Corps said it seized Read More

Japan says ‘seriously concerned’ on Middle East tensions after US announcement on drone

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Tokyo — Japan is “seriously concerned” about rising Middle East tensions in the wake of the US announcement of the shooting down of an Iranian drone in the Strait of Hormuz, Deputy Chief Cabinet Secretary Yasutoshi Nishimura said Friday, as risks to oil flows remain high. Not registered? Receive daily email alerts, subscriber notes & Read More

Crude oil futures rise as geopolitical tensions grow

3 days ago DieselGasoil Comments Off on Crude oil futures rise as geopolitical tensions grow
Singapore — Crude oil futures rose during mid-morning trade in Asia Friday as tensions brewed in the Middle East following a series of incidents in the Strait of Hormuz. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:23 am Singapore time (0223 GMT), front-month ICE Brent September futures Read More

Suncor Energy releases 2019 Report on Sustainability

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All financial figures are in Canadian dollars   CALGARY, Alberta, July 18, 2019 (GLOBE NEWSWIRE) — Suncor today released its annual Report on Sustainability which details the company’s environmental, social and economic performance. Suncor’s perspective on the challenges and opportunities of climate change, and the transition to a low-carbon economy are contained in its third Read More

Trump says USS Boxer destroyed Iranian drone in Strait of Hormuz

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Washington — A US Navy ship shot down an Iranian drone Thursday in the Strait of Hormuz, President Donald Trump said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The drone came within 1,000 yards of the ship, the USS Boxer, and ignored “multiple calls to stand down,” Trump Read More