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Done deal: Turkey says it ‘already bought’ Russian S-400 & US sanctions won’t change that

4 hours ago DieselGasoil Comments Off on Done deal: Turkey says it ‘already bought’ Russian S-400 & US sanctions won’t change that
Nothing the US does will make Turkey abandon its deal with Moscow to purchase S-400 air defense systems, Turkish Foreign Minister Mevlut Cavusoglu said, as Washington keeps threatening Ankara with sanctions. The purchase of the Russian-made weapons has long been a point of contention in relations between the two NATO allies. The US has repeatedly Read More

Exclusive: Italy’s UniCredit puts possible Commerzbank bid on ice for now – sources

6 hours ago DieselGasoil Comments Off on Exclusive: Italy’s UniCredit puts possible Commerzbank bid on ice for now – sources
LONDON/MILAN (Reuters) – Italy’s UniCredit has put a possible bid for Commerzbank on ice as the German rival does not want to engage in negotiations so soon after the collapse of merger talks with Deutsche Bank, four sources said. FILE PHOTO: A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, Read More

Wind park extension becomes Vestas’ first merchant project in Italy

12 hours ago DieselGasoil Comments Off on Wind park extension becomes Vestas’ first merchant project in Italy
News release fromVestas MediterraneanMadrid, 24 June 2019 Vestas has signed an 18 MW contract with VRG Wind 060 for the extension of the Mazara del Vallo wind park in Sicily, Italy. Utilising Vestas’ industry-leading technology and the operation data from the site’s existing wind turbines to boost energy production and mitigate production uncertainties, Vestas and Read More

‘Not part of the deal’: Turks say US can’t exclude them from F-35 program

3 days ago DieselGasoil Comments Off on ‘Not part of the deal’: Turks say US can’t exclude them from F-35 program
The United States cannot force Turkey out of the F-35 fighter jet program without the consent of other parties, as this is prohibited by the program agreement, Turkey’s head of defense industries has warned. The F-35 arrangement between nine states, including the US and Turkey, does not allow a single party to remove another from Read More

Sperm whale and her calf die after becoming tangled in fishing net

4 days ago DieselGasoil Comments Off on Sperm whale and her calf die after becoming tangled in fishing net
A sperm whale and her calf have died after becoming tangled in a fishing net in the Tyrrhenian Sea off Italy’s western coast. The 20ft-long (six metre) mammal is believed to have died trying to free its baby after it became trapped. Environmental group Marevivo said the Italian coast guard discovered the animals around eight Read More

Italy’s Edison buys EDF assets to boost green credentials

5 days ago DieselGasoil Comments Off on Italy’s Edison buys EDF assets to boost green credentials
MILAN (Reuters) – Italy’s Edison has agreed to buy green energy assets from its French parent company EDF to make it Italy’s No. 2 wind player and pave the way for “major” growth in solar power. In a complex deal, Edison will pay 172.9 million euros ($194 million) to buy 265 megawatts of Italian wind Read More

Retreating Swiss glacier spurred May’s new 2050 climate goal

5 days ago DieselGasoil Comments Off on Retreating Swiss glacier spurred May’s new 2050 climate goal
LONDON (Reuters) – British Prime Minister Theresa May said her surprise at the rapid retreat of a glacier she knew from years of walking holidays in the Swiss Alps had strengthened her resolve to commit Britain to a new target of net zero carbon by 2050. FILE PHOTO: Britain’s Prime Minister Theresa May walks in Read More

Airbus Helicopters sees 18-month wait for oil & gas demand pick-up

6 days ago DieselGasoil Comments Off on Airbus Helicopters sees 18-month wait for oil & gas demand pick-up
Visitors look at an Airbus Helicopter H145 on static display during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, June 18, 2019. REUTERS/Pascal Rossignol PARIS (Reuters) – Airbus expects it will be another 18 months before it sees the first signs of a recovery in demand for large helicopters from Read More

From gas in Russia to China-bound plastics, Austria’s OMV shifts focus for growth

6 days ago DieselGasoil Comments Off on From gas in Russia to China-bound plastics, Austria’s OMV shifts focus for growth
VIENNA (Reuters) – After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group a major supplier of plastics. FILE PHOTO: The logo of Austrian oil and gas group OMV is seen Read More

France warns new European drone must be competitive on price

1 week ago DieselGasoil Comments Off on France warns new European drone must be competitive on price
French President Emmanuel Macron, listens to Eric Trappier, Chairman and CEO of Dassault Aviation, next to Olivier Dassault and French Defence Minister Florence Parly during a visit at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, June 17, 2019. REUTERS/Benoit Tessier/Pool PARIS (Reuters) – A next-generation drone being developed by Read More