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Nissan CEO calls on Renault to listen to detail of Ghosn allegations

1 hour ago DieselGasoil Comments Off on Nissan CEO calls on Renault to listen to detail of Ghosn allegations
YOKOHAMA (Reuters) – Nissan Motor’s CEO called on directors at alliance partner Renault to heed its reasons for sacking former Chairman Carlos Ghosn over alleged financial misconduct amid tensions over how to handle the fallout from his arrest. Renault’s interim chairman Philippe Lagayette said on Friday that its board had not considered replacing Ghosn, who Read More

Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update

2 hours ago DieselGasoil Comments Off on Cequence Energy Announces Confirmation of Its Credit Facility Borrowing Base, the Purchase of Its $60 Million Term Loan and Provides Operational Update
CALGARY, Alberta, Dec. 17, 2018 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce that its senior lender has completed a redetermination of the borrowing base under the Company’s senior secured credit facility (the “Credit Facility”), and has confirmed the borrowing base remains at $7 million. Other than Read More

Ex-Indian MP jailed over role in deadly 1984 riots

7 hours ago DieselGasoil Comments Off on Ex-Indian MP jailed over role in deadly 1984 riots
An Indian politician has been jailed for life over his role in anti-Sikh riots more than 30 years ago that killed thousands of people following the assassination of Indira Gandhi. Former Congress MP Sajjan Kumar, 73, was found guilty of instigating mobs during the 1984 violence in New Delhi, triggered by the death of the Read More

German State Criminal Police probing Frankfurt’s law enforcement over right-wing extremism – reports

7 hours ago DieselGasoil Comments Off on German State Criminal Police probing Frankfurt’s law enforcement over right-wing extremism – reports
The German State Criminal Police (LKA) has reportedly taken over a probe of five police officers suspected of sharing extremist content. The case is linked to threatening letters allegedly sent to a lawyer of Turkish descent. LKA is now leading the investigation into the respective officers, according to Frankfurter Allgemeine Zeitung. Previous media reports said Read More

Life after OPEC: Qatar to invest $20 billion into US energy in major expansion

7 hours ago DieselGasoil Comments Off on Life after OPEC: Qatar to invest $20 billion into US energy in major expansion
After Qatar recently announced its intention to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), its state-run oil giant has pledged hefty investments in the US energy sector. Qatar Petroleum is seeking to invest some $20 billion in various projects in the US over the next five years, Qatar’s Energy Minister Saad al-Kaabi Read More

Nissan board aims to boost governance post-Ghosn at Monday's meeting: sources

15 hours ago DieselGasoil Comments Off on Nissan board aims to boost governance post-Ghosn at Monday's meeting: sources
TOKYO (Reuters) – Nissan Motor’s (7201.T) board is expected to meet on Monday, its first since firing chairman Carlos Ghosn last month, to decide on ways to improve governance at the automaker amid rising tensions with alliance partner Renault (RENA.PA). Nissan’s signboard is seen behind a traffic sign at its showroom in Tokyo, Japan, December Read More

Thailand could legalise same-sex civil partnerships

16 hours ago DieselGasoil Comments Off on Thailand could legalise same-sex civil partnerships
Thailand could be the first country in southeast Asia to legally recognise same-sex civil partnerships – if the government approves a new bill this month. As well as LGBTQI relationships being acknowledged under Thai law for the first time, other changes would include inheritance and property rights for same-sex couples, and the right to give Read More

Renault seeks Nissan shareholder meeting as Ghosn crisis deepens

20 hours ago DieselGasoil Comments Off on Renault seeks Nissan shareholder meeting as Ghosn crisis deepens
PARIS (Reuters) – Renault (RENA.PA) requested a full Nissan shareholder meeting, a source close to the company said – appearing to escalate the carmaker’s standoff with its Japanese alliance partner in the wake of the pay scandal engulfing Chairman and CEO Carlos Ghosn. Nissan’s signboard is seen behind a traffic sign at its showroom in Read More