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Special Report: The three young women racing to defuse a climate-change bomb

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OVER THE NORWEGIAN SEA, Norway(Reuters) – Banking hard over the whitecaps off the west coast of Norway, the jetliner flying Dominika Pasternak and her fellow scientists descends so sharply that it seems for a moment as if the crew is about to ditch them all in the drink. FILE PHOTO: Kathryn Bennett, a postgraduate student Read More

Fed pumps more cash as key rate breaks above target

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NEW YORK (Reuters) – The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside the bank funding market drove the central bank’s benchmark interest rate above its targeted range for the first time since the financial crisis. FILE PHOTO: Read More

Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line

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CALGARY, Alberta, Sept. 16, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the closing of the sale of a portion of its Alliance Service and the execution of an Interconnection Development Agreement with Alliance Pipeline Limited Partnership to reactivate its lateral line to the company-owned Bigstone West Gas Plant located at Read More

TransGlobe Energy Corporation Announces Director/PDMR Shareholdings

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CALGARY, Alberta, Sept. 16, 2019 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (AIM & TSX: “TGL” & NASDAQ: “TGA”) (“TransGlobe” or the “Company”) announces that on September 13, 2019, David Cook, Carol Bell, Edward LaFehr, Susan MacKenzie, and Steven Sinclair, all Independent Directors, received Deferred Share Units (“DSUs”) as a result of the Company having declared Read More

France, Germany blast Facebook’s Libra, back public cryptocurrency

7 days ago DieselGasoil Comments Off on France, Germany blast Facebook’s Libra, back public cryptocurrency
HELSINKI (Reuters) – France and Germany said on Friday that Facebook’s (FB.O) Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency. FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in Read More

Draghi ties Lagarde’s hands with promise of indefinite stimulus

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FRANKFURT (Reuters) – European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump. As Draghi’s eight-year mandate nears its close, the ECB cut rates deeper into negative Read More

ECB to turn stimulus taps back on as economy slows

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FRANKFURT (Reuters) – The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs. FILE PHOTO: Sign of the European Central Bank (ECB) is seen ahead Read More

World Gold Council sets out environmental, ethical mining guidelines

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LONDON (Reuters) – The World Gold Council (WGC) on Thursday published a set of guidelines for gold miners designed to encourage high environmental and ethical standards. FILE PHOTO: An aerial view shows the location of an illegal gold mine as its machines are destroyed in an operation conducted by the Brazilian Institute for the Environment Read More

Russia to sell debt in Chinese yuan as Washington weaponizes dollar

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Moscow and Beijing are working on a new way to cut their reliance on the greenback, as Russia plans to issue its first yuan-denominated bond, which may help the two in skirting US tariffs and sanctions. The yuan bonds are expected to be issued by the end of the year or early next year, marking Read More

BP deploys continuous methane measurement for new major oil and gas projects

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9/10/2019 LONDON – BP announced that it will deploy continuous measurement of methane emissions in its future BP-operated oil and gas processing projects as part of its program to detect, measure and reduce methane emissions. Continuous measurement, including instruments such as gas cloud imaging (GCI), will be rolled out to all new major projects worldwide. Read More