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Stalled Aramco IPO sets back deal-making at U.S. subsidiary Motiva

19 mins ago DieselGasoil Comments Off on Stalled Aramco IPO sets back deal-making at U.S. subsidiary Motiva
HOUSTON (Reuters) – Saudi Aramco’s delayed initial public offering is sidelining grand North American expansion plans at its U.S. Refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share. FILE PHOTO: An Aramco oil tank is seen at the Production facility at Saudi Aramco’s Read More

Saudi Arabian parliament rejects Trump’s Golan Heights resolution

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Saudi Arabia has joined the chorus of nations rejecting US President Donald Trump’s decision to unilaterally recognize the Golan Heights as Israeli, rather than Syrian, territory, calling it a violation of international law. Calling on “all parties” to respect the United Nations charter, international law, and several UN resolutions calling for Israel to withdraw from Read More

Asian shares edge up as U.S. bond yields come off late-2017 lows

2 hours ago DieselGasoil Comments Off on Asian shares edge up as U.S. bond yields come off late-2017 lows
TOKYO (Reuters) – Asian shares bounced back on Tuesday after two days of losses as U.S. 10-year Treasury yields edged higher, but the outlook remained murky as investors weighed the odds of whether the U.S. economy is in danger of slipping into recession. FILE PHOTO: A man is seen in front of an electronic board Read More

Asian shares shaky as U.S. bond yields hit lowest since late 2017

4 hours ago DieselGasoil Comments Off on Asian shares shaky as U.S. bond yields hit lowest since late 2017
TOKYO (Reuters) – Asian shares were shaky on Tuesday after U.S. Treasury yields sank to their lowest since late 2017, further below short-term interest rates and adding to fears of a U.S. recession. FILE PHOTO: A man is seen in front of an electronic board showing stock information on the first day of trading in Read More

Global carbon emissions hit record high in 2018: IEA

6 hours ago DieselGasoil Comments Off on Global carbon emissions hit record high in 2018: IEA
LONDON (Reuters) – Global energy-related carbon emissions rose to a record high last year as energy demand and coal use increased, mainly in Asia, the International Energy Agency (IEA) said on Tuesday. Energy-related CO2 emissions rose by 1.7 percent to 33.1 billion tonnes from the previous year, the highest rate of growth since 2013, with Read More

Houston Ship Channel partially reopened amid worst chemical disaster in more than a decade

7 hours ago DieselGasoil Comments Off on Houston Ship Channel partially reopened amid worst chemical disaster in more than a decade
By Joe Carroll, Ben Foldy and Kevin Crowley on 3/25/2019 Port of Houston. Photo: KWTX. HOUSTON and NEW YORK (Bloomberg) — A two-mile (3.2-km) stretch of the Houston Ship Channel’s that’s been closed for three days will be open during daytime hours while the clean-up continues. Pilots have been ordered by the U.S. Coast Guard Read More

Abu Dhabi aims to lure start-ups with investment in new technology hub

8 hours ago DieselGasoil Comments Off on Abu Dhabi aims to lure start-ups with investment in new technology hub
ABU DHABI (Reuters) – Abu Dhabi will commit up to 1 billion dirhams ($272 million) to support technology start-ups, it said on Sunday, in a dedicated hub as part of efforts to diversify its economy. FILE PHOTO: General view of Abu Dhabi, United Arab Emirates, January 3, 2019. Picture taken January 3, 2019. REUTERS/ Hamad Read More

Chaparral Energy to Present at Independent Petroleum Association of America’s Oil and Gas Investment Symposium

9 hours ago DieselGasoil Comments Off on Chaparral Energy to Present at Independent Petroleum Association of America’s Oil and Gas Investment Symposium
OKLAHOMA CITY, March 25, 2019 (GLOBE NEWSWIRE) — Chaparral Energy, Inc. (NYSE: CHAP) today announced it will participate in the Independent Petroleum Association of America’s Oil and Gas Investment Symposium on Monday, April 8 in New York City. The company will present at 11:35 a.m. Eastern, with a break-out session to follow. It will also Read More

Houston Ship Channel patially reopened amid worst chemical disaster in more than a decade

9 hours ago DieselGasoil Comments Off on Houston Ship Channel patially reopened amid worst chemical disaster in more than a decade
By Joe Carroll, Ben Foldy and Kevin Crowley on 3/25/2019 Port of Houston. Photo: KWTX. HOUSTON and NEW YORK (Bloomberg) — A two-mile (3.2-km) stretch of the Houston Ship Channel’s that’s been closed for three days will be open during daytime hours while the clean-up continues. Pilots have been ordered by the U.S. Coast Guard Read More

Trump’s Golan Heights recognition ‘an act of brigandry’ – George Galloway

9 hours ago DieselGasoil Comments Off on Trump’s Golan Heights recognition ‘an act of brigandry’ – George Galloway
US President Donald Trump’s recognition of the disputed Golan Heights as Israeli territory is “an act of brigandry,” former Labour Party MP George Galloway told RT. Trump’s declaration has been condemned in the Arab world. Trump on Monday signed a declaration recognizing Israel’s sovereignty over the Golan Heights, seized from Syria during the 1967 Six-Day Read More