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Minor quake shakes Mexico City, latest in week of tremors

6 hours ago DieselGasoil Comments Off on Minor quake shakes Mexico City, latest in week of tremors
MEXICO CITY (Reuters) – A minor earthquake struck Mexico City on Thursday, the latest in a series of small tremors that have shaken buildings and jangled nerves across the Mexican capital over the past week. The magnitude 2.2 quake was registered at 1:55 p.m. local time (1855 GMT) in the central neighborhood of Alvaro Obregon, Read More

Drug lord El Chapo set to die in jail after getting life sentence

1 day ago DieselGasoil Comments Off on Drug lord El Chapo set to die in jail after getting life sentence
Mexican drug lord Joaquin “El Chapo” Guzman is likely to die in jail after being sentenced to life plus 30 years for smuggling drugs into the US over a violent, decades-long career. Jurors found the 62-year-old guilty of drug trafficking, money laundering and the use of firearms in February after an 11-week trial. Speaking to Read More

Drug kingpin ‘El Chapo’ sentenced to life in US prison

1 day ago DieselGasoil Comments Off on Drug kingpin ‘El Chapo’ sentenced to life in US prison
Mexican drug lord Joaquin ‘El Chapo’ Guzman has been sentenced to life in prison plus 30 years by a US federal judge. The infamous crime boss was found guilty of trafficking tons of cocaine, heroin and other drugs into the United States as the leader of the Sinaloa Cartel in February. Directly before Wednesday’s sentencing, Read More

Oklahoma at trial’s end says opioid ‘kingpin’ J&J fueled epidemic

3 days ago DieselGasoil Comments Off on Oklahoma at trial’s end says opioid ‘kingpin’ J&J fueled epidemic
NORMAN, Okla. (Reuters) – Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson to a drug cartel leader as they sought to hold the drugmaker responsible for fueling the U.S. opioid epidemic in the first trial to result from lawsuits over the crisis. The Johnson & Johnson logo is displayed on a Read More

Oil firms on storm fears, continued geopolitical concerns

7 days ago DieselGasoil Comments Off on Oil firms on storm fears, continued geopolitical concerns
London — 1008 GMT: Crude oil futures were higher in early European trade, with the escalating geopolitical concerns that have dominated much of the week now being joined by concerns about the impact of Topical Storm Barry on the US Gulf Coast. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Futures 2: Oil firms on storm fears, continued geopolitical concerns

7 days ago DieselGasoil Comments Off on Futures 2: Oil firms on storm fears, continued geopolitical concerns
London — 1008 GMT: Crude oil futures were higher in early European trade, with the escalating geopolitical concerns that have dominated much of the week now being joined by concerns about the impact of Topical Storm Barry on the US Gulf Coast. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Buggin’ out: Last ever Volkswagen Beetle rolls off Mexican production line

7 days ago DieselGasoil Comments Off on Buggin’ out: Last ever Volkswagen Beetle rolls off Mexican production line
Volkswagen’s iconic Beetle car rolled off the production line in Mexico for the final time this week. The sendoff ceremony was accompanied by a Mariachi band. The Volkswagen factory in Puebla was the only one left in the world making the original Beetle cars and more recently the only one making the modern version. The Read More

Dominican Republic touts first-ever oil and gas bidding round

1 week ago DieselGasoil Comments Off on Dominican Republic touts first-ever oil and gas bidding round
Highlights Total 14 blocks on offer: 10 onshore, four offshore Operators can nominate other acreage areas if desired Testing indicated both heavy and light oil and also gas Houston — The Dominican Republic is embarking on its first oil and gas licensing round for a mix of onshore and offshore blocks, hoping to lure a Read More

Bond yields creep higher as markets wait for Fed signals

1 week ago DieselGasoil Comments Off on Bond yields creep higher as markets wait for Fed signals
LONDON (Reuters) – Shares were treading water on Wednesday while rising Treasury yields kept the dollar steady, as investors waited to hear whether the world’s most powerful central banker would confirm or confound expectations for a U.S. rate cut this month. MSCI’s broadest index of world stocks was little changed after three days of losses. Read More