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Oil climbs as Huawei sanctions delay offers sign of trade war truce

9 hours ago DieselGasoil Comments Off on Oil climbs as Huawei sanctions delay offers sign of trade war truce
By Alex Nussbaum and Grant Smith on 8/19/2019 NEW YORK (Bloomberg) – Oil climbed as the U.S. delayed sanctions against Huawei Technologies, offering a hint of progress in its trade war with China, and a drone attack in Saudi Arabia highlighted simmering Middle East tensions. Futures jumped 2.4% to top $56/bbl in New York on Read More

Saudi Aramco asks banks to pitch for roles in IPO: sources

10 hours ago DieselGasoil Comments Off on Saudi Aramco asks banks to pitch for roles in IPO: sources
DUBAI (Reuters) – Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could be the world’s biggest IPO. FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco’s Shaybah oilfield in the Empty Quarter, Saudi Read More

Saudi Aramco asks banks to pitch for roles in planned IPO: sources

11 hours ago DieselGasoil Comments Off on Saudi Aramco asks banks to pitch for roles in planned IPO: sources
DUBAI (Reuters) – Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources with direct knowledge of the matter said. FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco’s Shaybah oilfield in the Empty Quarter, Saudi Arabia May Read More

Petrofac and SOCAR JV secures Caspian engineering and technical services contract

17 hours ago DieselGasoil Comments Off on Petrofac and SOCAR JV secures Caspian engineering and technical services contract
8/19/2019 BAKU – Petrofac, in a joint venture with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured an Engineering and Technical Services contract to support Total and SOCAR’s Exploration & Production activities in Azerbaijan. The 12-month contract, with option to extend, will support activity in the Absheron natural gas field, located Read More

U.S. oil poses threat to Mideast sellers with Asia trading debut

17 hours ago DieselGasoil Comments Off on U.S. oil poses threat to Mideast sellers with Asia trading debut
By Sharon Cho on 8/19/2019 SINGAPORE (Bloomberg) –The rivalry between U.S. and Middle Eastern oil producers has jumped up a notch as American crude makes its way right to the heart of Asia, the world’s most-prized energy market. Royal Dutch Shell Plc has offered a cargo of U.S. West Texas Intermediate Midland crude that’s priced Read More

Juul raises $325 million in equity and debt financing

18 hours ago DieselGasoil Comments Off on Juul raises $325 million in equity and debt financing
FILE PHOTO: Juul brand vaping pens are seen for sale in a shop in Manhattan in New York City, New York, U.S., February 6, 2019. REUTERS/Mike Segar (Reuters) – E-cigarette maker Juul Labs Inc has raised $325 million in an equity and debt offering, a regulatory filing showed on Monday, as the company looks to Read More

Zalando to deliver orders for Adidas French website

21 hours ago DieselGasoil Comments Off on Zalando to deliver orders for Adidas French website
BERLIN (Reuters) – Online fashion retailer Zalando (ZALG.DE) has launched a pilot to deliver orders placed by customers in Paris on the website of Adidas (ADSGn.DE) as it extends moves to allow brands to use the logistics network it has built for its own ecommerce business. An employee places parcels of online mail order company Read More

400 holidaymakers evacuated as tourist ferry STRIKES ROCKS en route from Ibiza

3 days ago DieselGasoil Comments Off on 400 holidaymakers evacuated as tourist ferry STRIKES ROCKS en route from Ibiza
A Spanish ferry packed with hundreds of tourists and their cars has run aground on her way from Ibiza and Majorca, setting off a dramatic rescue effort throughout the night by coast guard and other emergency services. Pinar del Rio, a fast ferry operated by Balearia, ran aground near Benidorm in southeastern Spain, the company Read More

Airbnb records 30% growth rate in first-quarter on booking strength: source

3 days ago DieselGasoil Comments Off on Airbnb records 30% growth rate in first-quarter on booking strength: source
FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. REUTERS/Charles Platiau/File Photo (Reuters) – Airbnb Inc recorded $9.4 billion in total booking value in the first quarter, up 31% from the year-ago quarter, a source familiar with the Read More

Reported! Instagram to roll out special button letting users flag ‘fake posts’

3 days ago DieselGasoil Comments Off on Reported! Instagram to roll out special button letting users flag ‘fake posts’
Fresh after the memes purge, Instagram is getting more ‘alert’ to ‘fake content’ urging users report it with a touch of a button. Experienced ‘fact-checkers’ of its parent company Facebook will take it from there. The company is rolling out the option first in the US, and then worldwide by the end of August. “I’m Read More