newszine

Egypt is shaping up to become a real energy hub

2 days ago DieselGasoil Comments Off on Egypt is shaping up to become a real energy hub
Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP and ENI in this emerging energy hotspot. After years of a major slump, partly due to continuing payment and security issues, the Pharaohs are again Read More

Kenya summons envoy to Somalia over disputed oil territory

2 days ago DieselGasoil Comments Off on Kenya summons envoy to Somalia over disputed oil territory
By Helen Nyambura on 2/17/2019 Photo: Tullow Oil. NAIROBI (Bloomberg) — Kenya summoned its ambassador to Somalia after the Horn of Africa neighbor decided to auction offshore oil and gas blocks the nation considers to be in its territory. The East African nations have been embroiled in a maritime dispute, which Somalia in 2015 presented Read More

Navy to 'live fire' missiles from its USS Zumwalt stealth destroyer

3 days ago DieselGasoil Comments Off on Navy to 'live fire' missiles from its USS Zumwalt stealth destroyer
File photo – Oct. 15, 2016: The USS Zumwalt before its commissioning.(U.S. Navy photo by Petty Officer 2nd Class George M. Bell/Released) The Navy’s stealthy USS Zumwalt destroy is preparing to fire its first missile as part of an effort to prepare the ships radar, weapons and tracking system as the service the new, high-tech Read More

Maduro wants troops at border with Colombia against US 'provocation'

4 days ago DieselGasoil Comments Off on Maduro wants troops at border with Colombia against US 'provocation'
Venezuelan President Nicolas Maduro has ordered the military to come up with a plan for a permanent deployment of forces to the border with Colombia to avert “provocations” he accused the US of masterminding. “Reinforcing the border with Colombia is necessary to make it “safe and peaceful,” Maduro said, adding that the permanent deployment would Read More

Price for heavy-crude surges with U.S. ban on Venezuelan oil

5 days ago DieselGasoil Comments Off on Price for heavy-crude surges with U.S. ban on Venezuelan oil
By Michelle Kim and Serene Cheong on 2/14/2019 NEW YORK and SINGAPORE (Bloomberg) — Some of the world’s dirtiest and densest crudes, traditionally spurned for being too difficult to process, are having a moment in the sun, with a little help from President Trump. “Heavy-sour” oil from nations such as Venezuela and Iraq have a Read More

Nigeria's new gusher just made OPEC compliance a little harder

6 days ago DieselGasoil Comments Off on Nigeria's new gusher just made OPEC compliance a little harder
By Elisha Bala-Gbogbo and Julian Lee on 2/13/2019 Achilleas oil tanker. Photo: Marine Traffic. ABUJA and LONDON (Bloomberg) — Nigeria is about to ship the first cargo of crude oil from a new deposit about 90 mi off its coast. The 1 MMbbl consignment, which will head toward the Dutch port of Rotterdam, comes at a Read More

Boeing delivers 46 jets in January

1 week ago DieselGasoil Comments Off on Boeing delivers 46 jets in January
FILE PHOTO: Boeing Co’s logo is seen above the front doors of its largest jetliner factory in Everett, Washington, U.S. January 13, 2017. REUTERS/Alwyn Scott (Reuters) – Boeing Co delivered 46 aircraft in January, two more than a year earlier, as the world’s biggest planemaker gears up for another year of record sales amid booming Read More

Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent

1 week ago DieselGasoil Comments Off on Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent
SINGAPORE (Reuters) – Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy sour oil, traders and analysts said. FILE PHOTO: The logo of the Organization of the Read More

StormGeo, DNV GL merge to create fleet performance management solution

1 week ago DieselGasoil Comments Off on StormGeo, DNV GL merge to create fleet performance management solution
2/10/2019 Photo: Trond Hodne, senior V.P., DNV GL – Maritime and Per-Olof Schroeder, CEO, StormGeo. OSLO — StormGeo and DNV GL have announced that they have signed an agreement to consolidate their fleet performance solutions under one banner. The agreement will combine DNV GL’s ECO Insight and Navigator Insight solutions with StormGeo’s FleetDSS and ship Read More

Bomb threat forces Norwegian passenger plane to make emergency landing in Sweden

2 weeks ago DieselGasoil Comments Off on Bomb threat forces Norwegian passenger plane to make emergency landing in Sweden
A Nice bound plane carrying 169 passengers was forced to turn around mid-flight due to a bomb threat and make an emergency landing in Stockholm. The Boeing 737 has now landed back at the Arlanda airport in Sweden’s capital Stockhold. Rescue crews are at the scene. “We can confirm that we are working on the Read More