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Netanyahu to Bolton: Any Palestine deal ‘must include’ Israeli presence in Jordan Valley

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Benjamin Netanyahu, who on Sunday toured the West Bank with John Bolton, said he will listen to US peace proposals – but added that “any future agreement” with Palestine must guarantee an Israeli presence in the Jordan Valley. Footage posted on Sunday showed Israel’s prime minister and the US national security adviser overlooking the Israeli-occupied Read More

India’s space startups ignite investor interest

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MUMBAI (Reuters) – From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race. Bellatrix Aerospace CEO Rohan Ganapathy stands next to a vacuum chamber at their laboratory Read More

Palestine’s ‘opportunity’ or ‘entirely wrong’? Rocky reception for dawn of $50-bn Trump Mideast plan

2 days ago DieselGasoil Comments Off on Palestine’s ‘opportunity’ or ‘entirely wrong’? Rocky reception for dawn of $50-bn Trump Mideast plan
A $50 billion plan for Palestine’s economy that hinges on peace with Israel has been revealed by Donald Trump’s son-in-law Jared Kushner. He calls it the “opportunity of the century” but a chorus of Palestinian groups disagrees. Speaking to Reuters on Saturday, Kushner dangled the multibillion proposal separately from the central –political– part of US Read More

Poland eyes green energy investments in Western Balkans: minister

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WARSAW (Reuters) – Polish energy groups could invest in renewable power in Western Balkan countries that eye European Union membership, Jadwiga Emilewicz, minister for entrepreneurship and technology said. Poland backs the EU bids of the Western Balkan nations, including Serbia, which is Warsaw’s biggest trade partner in the region, as well as North Macedonia, Bosnia Read More

Great game in Arctic: US eyes military port to counter Russia & China at North Pole

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US lawmakers want its military to challenge Russia and China on the high seas by finding one or more locations for a port that would help feed Washington’s growing appetite for Arctic oil and other natural riches. The National Defense Authorization Act 2020 (NDAA) suggests that the Coast Guard and other branches of the US Read More

Petrobras Parties Pay Vantage Drilling Parties $700.9 million to satisfy Arbitration Award and related U.S. Judgment

2 days ago DieselGasoil Comments Off on Petrobras Parties Pay Vantage Drilling Parties $700.9 million to satisfy Arbitration Award and related U.S. Judgment
HOUSTON, June 21, 2019 (GLOBE NEWSWIRE) — Vantage Drilling International (“Vantage” or the “Company”) announced today that Petrobras Venezuela Investments & Services, BV (“PVIS”), a subsidiary of Petroleo Brasileiro S.A (“Petrobras”), entered into an agreement with Vantage Deepwater Company (“VDEEP”), a wholly-owned subsidiary of Vantage, pursuant to which PVIS paid VDEEP approximately $690.8 million to Read More

U.S. banks clear first hurdle of Federal Reserve’s annual stress test

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WASHINGTON (Reuters) – The 18 largest banks operating in the United States took the first step toward doling out capital on dividends, share buybacks and other investments on Friday, after clearing the first stage of their yearly health checks with the U.S. Federal Reserve that assess their ability to weather a major economic downturn. The Read More

BHGE opens subsea Centre of Excellence in Montrose, Scotland

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6/21/2019 MONTROSE, Scotland — Baker Hughes, a GE company (BHGE) opened its transformed Centre of Excellence (CoE) facility at an inauguration ceremony with Minister for Energy, Paul Wheelhouse, customers and employees. The world-class CoE will deliver engineering, manufacturing, test and assembly and services to advance deepwater technology for customers. The campus, which sits on more Read More

India looks to Russian crude as Iranian imports crash

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India and Russia continue to bolster their energy cooperation, and now India is looking at ways to establish oil shipping routes from Russia’s Far East India’s east coast. During the meeting (between India’s Oil Minister Dharmendra Pradhan with Yury Trutnev, Russia’s Deputy Prime Minister and the Russian president’s top envoy to Russia’s Far East), India and Read More

‘White Knight’ Delta buys stake in Korean Air parent, dampens activist threat

3 days ago DieselGasoil Comments Off on ‘White Knight’ Delta buys stake in Korean Air parent, dampens activist threat
SEOUL/CHICAGO (Reuters) – Delta Air Lines bought a small stake in Korean Air Lines Co’s parent company and said it wants to increase it to 10%, giving a boost to the management of South Korea’s top carrier that seeks to thwart a local activist fund’s challenge. FILE PHOTO: A Delta Air Lines flight is pushed Read More