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Schlumberger, Baker Hughes warn of North America slowdown

23 hours ago DieselGasoil Comments Off on Schlumberger, Baker Hughes warn of North America slowdown
(Reuters) – Schlumberger Ltd (SLB.N) and Baker Hughes (BHGE.N), the world’s top two oilfield services firms, warned on Friday of a slowdown in North America and a challenging year ahead as crude oil prices stay volatile. FILE PHOTO: The exterior of the Schlumberger Corporation headquarters building is pictured in the Galleria area of Houston January Read More

Schlumberger warns of moderating North American activity

1 day ago DieselGasoil Comments Off on Schlumberger warns of moderating North American activity
(Reuters) – Schlumberger Ltd (SLB.N) posted a bigger quarterly profit on Friday as its North American business continues to be helped by strong shale drilling, but the oilfield services giant said that investments in the region was moderating. FILE PHOTO: The exterior of the Schlumberger Corporation headquarters building is pictured in the Galleria area of Read More

Schlumberger quarterly profit up on North America drilling

1 day ago DieselGasoil Comments Off on Schlumberger quarterly profit up on North America drilling
(Reuters) – Schlumberger Ltd (SLB.N) posted a bigger quarterly profit on Friday, as its North American business continues to be helped by strong shale drilling. FILE PHOTO: The exterior of the Schlumberger Corporation headquarters building is pictured in the Galleria area of Houston January 16, 2015. REUTERS/Richard Carson/File Photo Net profit attributable to the Houston-based Read More

North Korea 'rants' in letter about Trump

1 day ago DieselGasoil Comments Off on North Korea 'rants' in letter about Trump
North KOREA has warned it will not be intimidated by Donald Trump’s threats in an “unprecedented” letter sent to other countries. “If Trump thinks that he would bring the DPRK, a nuclear power, to its knees through nuclear war threat, it will be a big miscalculation and an expression of ignorance,” the letter said. “Trump Read More

North Korea turns to Australia for support against Trump in rare letter

1 day ago DieselGasoil Comments Off on North Korea turns to Australia for support against Trump in rare letter
North KOREA has sent a letter filled with Trump-bashing to the Australian Parliament, urging MPs to condemn Washington’s saber-rattling, while at the same time assuring them of its “highest consideration.” The <a href="https://ru.scribd.com/document/362007181/North-KOREA-letter#fullscreen&from_embed” target=”_blank” rel=”noopener noreferrer”>letter was penned by North KOREA’s Foreign Affairs Committee and sent to Australia’s Indonesian embassy late September, but was received Read More

North Korea mountain 'damaged by nuclear tests'

3 days ago DieselGasoil Comments Off on North Korea mountain 'damaged by nuclear tests'
The launch site for several of North KOREA‘s nuclear tests appears to be caving in – a condition known as “Tired Mountain Syndrome”. The geological condition occurs when underground nuclear blasts cause the surrounding rock to become weak and permeable. Five of Pyongyang’s six nuclear tests have been carried out under Mount Mantap at the Read More

Ford to recall about 1.3 million vehicles in North America

3 days ago DieselGasoil Comments Off on Ford to recall about 1.3 million vehicles in North America
(Reuters) – Ford Motor Co said on Wednesday it would recall about 1.3 million vehicles in North America, including certain 2015-17 Ford F-150 and 2017 Ford Super Duty trucks, to add water shields to side door latches. (ford.to/2ySvCBJ) The No.2 U.S. automaker said the safety recall is due to frozen door latch or a bent Read More

UK North Sea oil faces quickening decline if no Brexit deal

5 days ago DieselGasoil Comments Off on UK North Sea oil faces quickening decline if no Brexit deal
By Rakteem Katakey and Angelina Rascouet on 10/16/2017 LONDON (Bloomberg) — The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union, as restrictions on the movement of workers and equipment would increase costs. A “no deal” Brexit, which has become Read More

Amazon to open new distribution centre in north west England

1 week ago DieselGasoil Comments Off on Amazon to open new distribution centre in north west England
LONDON (Reuters) – Amazon said on Friday it planned to open a new fulfillment center in Bolton, north west England, in 2018 and will begin recruiting 1,200 permanent jobs in the latest expansion in Britain. Amazon opened four centers last year, creating more than 3,500 jobs. It said the new distribution center in Bolton would Read More

Groundhog Day in London as oil stock soars on North Sea reserves

1 week ago DieselGasoil Comments Off on Groundhog Day in London as oil stock soars on North Sea reserves
By Joe Easton and Ashita Chawla on 10/12/2017 LONDON (Bloomberg) — Shares of Independent Oil & Gas Plc rose as much as 100% on Thursday, the second dramatic increase for a North Sea explorer this week, after the London-based company announced a tenfold increase in its southern North Sea gas reserves. IOG said the portfolio holds Read More