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30+ killed, 100+ buildings ravaged by floods & landslides in northern India and Nepal (VIDEOS)

2 days ago DieselGasoil Comments Off on 30+ killed, 100+ buildings ravaged by floods & landslides in northern India and Nepal (VIDEOS)
Over 30 people have been killed and more than 130 buildings have collapsed following days of torrential rainfall that triggered mass floods and landslides across Nepal and two northern Indian states. Severe monsoon thunderstorms have wreaked havoc across 14 districts of the Uttar Pradesh, killing at least 15 people since Tuesday. Landslides and floods caused Read More

AB InBev pulls Budweiser listing, canceling year’s largest IPO

2 days ago DieselGasoil Comments Off on AB InBev pulls Budweiser listing, canceling year’s largest IPO
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Anheuser-Busch InBev (ABI.BR) said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd (1876.HK), in what would have been the world’s biggest initial public offering (IPO) of 2019. AB InBev, the world’s largest brewer, was aiming Read More

Wall Street stocks climb, dollar drops on rate-cut optimism

2 days ago DieselGasoil Comments Off on Wall Street stocks climb, dollar drops on rate-cut optimism
NEW YORK (Reuters) – Wall Street stocks closed higher and the dollar fell on Friday as investors prepared for a U.S. interest-rate cut, while oil futures were little changed as a forecast for a global crude surplus offset worries about U.S. output declines due to a tropical storm. Traders work on the floor of the Read More

Interview: Corpus Christi aims to rival Houston with 4 million b/d crude export capacity

2 days ago DieselGasoil Comments Off on Interview: Corpus Christi aims to rival Houston with 4 million b/d crude export capacity
Highlights Port CEO wants Corpus to be ‘Cushing of the coast’ Export market crowded with deepwater, onshore proposals Corpus Christi studies 75-foot-deep shipping channel Washington — The Port of Corpus Christi aims to become the “Cushing of the coast” by drawing more and more North American crude oil barrels with 4 million b/d of export Read More

Maha Energy AB (publ) (“Maha” or the “Company”) Announces Spud of 7-TTG-3D-SES Well (Maha-1)

2 days ago DieselGasoil Comments Off on Maha Energy AB (publ) (“Maha” or the “Company”) Announces Spud of 7-TTG-3D-SES Well (Maha-1)
­­­Maha Energy AB (publ)Strandvägen 5ASE-114 51 Stockholmwww.mahaenergy.ca Press releaseStockholmJuly 12, 2019 Maha Energy AB (publ) (“Maha” or the “Company”) Announces Spud of 7-TTG-3D-SES Well (Maha-1). The Company is pleased to provide the following Operational Update from its operations in Brazil. 7-TTG-3D-SES Well (Tartaruga Field)7-TTG-3D-SES Well (earlier designated Maha-1) was spudded today. The Five Star Offshore Read More

‘Absolute monster bluffer’: Poker AI smashes elite human players after 8 days of training

2 days ago DieselGasoil Comments Off on ‘Absolute monster bluffer’: Poker AI smashes elite human players after 8 days of training
The list of things that AI can do better than us mere humans has a new addition: bluffing in a Texas Hold ’em poker game. And it was amazingly cheap to train and operate, unlike some previous algorithmic champion players. Human players simply didn’t stand a chance against Pluribus, an AI system developed by researchers Read More

Investors pour $28 billion in money-market funds as S&P 500 hit record high: Lipper

3 days ago DieselGasoil Comments Off on Investors pour $28 billion in money-market funds as S&P 500 hit record high: Lipper
(Reuters) – U.S.-based money-market funds attracted about $28 billion in the week ended Wednesday, their largest weekly inflow since mid-May, as the S&P 500 Index rose above 3,000 for the first time on Wednesday. It was money funds’ third consecutive week of cash inflows, with a four-week moving average of $18.8 billion, according to data Read More

Total EandP Congo successfully deploys world’s first cementless completion

4 days ago DieselGasoil Comments Off on Total EandP Congo successfully deploys world’s first cementless completion
7/10/2019 DENMARK — Welltec has announced the first deployment of a truly cementless completion in the Republic of Congo during the second quarter of 2019. Building on the experience gained through the continuous deployment of the Welltec Annular Barrier (WAB) in Moho North Albian field, which was awarded the first quarter of 2017, Total E&P Read More

CNOOC China signs cooperation framework agreement with Sinopec Corp.

4 days ago DieselGasoil Comments Off on CNOOC China signs cooperation framework agreement with Sinopec Corp.
7/10/2019 HONG KONG — CNOOC Limited has announced that CNOOC China Limited, its subsidiary, has signed a Cooperation Framework Agreement with China Petroleum & Chemical Corporation (Sinopec Corp.) regarding the sea areas of Bohai, Beibu Gulf and South Yellow Sea, as well as North Jiangsu basin. The Cooperation Framework Agreement will be implemented in three Read More