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Voice for Ottawa: Washington demands Beijing to release 2 detained Canadians

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US Secretary of State Mike Pompeo blasted China for the detention of two Canadian nationals, in what is widely seen as retaliation against Ottawa for seizing a Huawei executive on Washington’s request two weeks ago. The “unlawful detention” of Canadian citizens Michael Spavor and Michael Kovrig “is unacceptable” and “they ought to be returned,” Pompeo Read More

Exclusive: T-Mobile, Sprint see Huawei shun clinching U.S. deal – sources

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WASHINGTON/NEW YORK (Reuters) – T-Mobile US Inc and Sprint Corp believe their foreign owners’ offer to stop using Huawei Technologies equipment will help with the United States clearing their $26 billion merger deal, sources said, underscoring the lengths to which Washington has gone to shut out the Chinese company. FILE PHOTO: People walk past a Read More

Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case

2 days ago DieselGasoil Comments Off on Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case
(Reuters) – A federal judge on Thursday ruled that evidence provided by chip supplier Qualcomm Inc (QCOM.O) that major phone makers like Apple Inc (AAPL.O) have moved to competing suppliers like Intel Corp (INTC.O) cannot be used to fight allegations Qualcomm acted to preserve a monopoly on some mobile phone chips. FILE PHOTO: A building Read More

South Korea stopped importing condensate from Iran before receiving sanctions waivers

2 days ago DieselGasoil Comments Off on South Korea stopped importing condensate from Iran before receiving sanctions waivers
December 13, 2018 Source: U.S. Energy Information Administration, based on ClipperData, LLC South Korea, the world’s leading importer of condensates, has sought alternatives to partially offset declines in imports of Iranian condensates during the past few months, particularly in light of U.S. sanctions on Iranian exports of crude oil and condensate. South Korea purchased close Read More

China retaliates in Huawei row by detaining two Canadians

3 days ago DieselGasoil Comments Off on China retaliates in Huawei row by detaining two Canadians
China has confirmed that it has detained two Canadian men in what appears to be retaliation for the arrest of Huawei’s chief financial officer. Entrepreneur Michael Spavor and former diplomat Michael Kovrig were taken into custody on Monday, said foreign ministry spokesman Lu Kang. He said they were being detained on suspicion of “endangering national Read More

Huawei row: China confirms two Canadians detained

3 days ago DieselGasoil Comments Off on Huawei row: China confirms two Canadians detained
China has confirmed that it has detained two Canadian men in what appears to be retaliation for the arrest of Huawei’s chief financial officer. Entrepreneur Michael Spavor and former diplomat Michael Kovrig were taken into custody on Monday, said foreign ministry spokesman Lu Kang. He said they were being detained on suspicion of “endangering national Read More

2nd Canadian in 2 days: Businessman chummy with Kim Jong-un detained in China

3 days ago DieselGasoil Comments Off on 2nd Canadian in 2 days: Businessman chummy with Kim Jong-un detained in China
A Canadian businessman who was said to be missing has been arrested in China on suspicion of harming state security, Beijing has confirmed. Chinese Foreign Ministry spokesman Lu Kang told reports on Thursday that Michael Spavor had been arrested, following widespread speculation about his whereabouts. His detention comes just two days after former Canadian diplomat Read More

China's Zhoushan to go after Singapore marine hub's top billing

3 days ago DieselGasoil Comments Off on China's Zhoushan to go after Singapore marine hub's top billing
ZHOUSHAN, China/SINGAPORE (Reuters) – China’s port city of Zhoushan is planning to challenge Singapore’s dominance of the multi-billion dollar shipping fuel industry, relying on proximity to some of the world’s biggest ports and Beijing’s support to give it an edge. A Sinopec oil tanker approaches cargo vessel Dongtai Baoze (L) berthed at an anchorage off Read More

Power projection or experimental flight? What Russian Tu-160 bombers actually did in Venezuela

3 days ago DieselGasoil Comments Off on Power projection or experimental flight? What Russian Tu-160 bombers actually did in Venezuela
The arrival of two Russian strategic bombers in Venezuela has jangled nerves in Washington and sent western media into meltdown. But the joint drills in the area don’t seem like an actual display of force, one analyst believes. The nuclear-capable Tu-160 strategic bombers, accompanied by two Russian Air Force heavy transport aircraft, landed in Caracas Read More

For one week in November, the U.S. was a net exporter of crude oil and petroleum products

3 days ago DieselGasoil Comments Off on For one week in November, the U.S. was a net exporter of crude oil and petroleum products
December 12, 2018 During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than it imported for the first time in weekly data going back to 1991. From November 24–30, the United States exported an estimated record 3.2 million barrels per day (b/d) of crude oil as well Read More