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‘Toyota Cow-rolla’: Indian woman plasters her car with bovine DUNG to cool it down (PHOTOS)

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An Indian woman has come up with quite unconventional tactics to keep her car and herself cool while driving in hot weather, plastering her vehicle with cow manure – invoking a storm of online jokes. The game of car climate control was taken to a whole new level by the female driver from Ahmedabad, Sejal Read More

Sembcorp Marine completes world’s biggest semi-submersible crane vessel for Heerema

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5/24/2019 Photo: Sembcorp Marine’s world’s heaviest semi-submersible crane vessel, Sleipnir. SINGAPORE — The world’s biggest semi-submersible crane vessel (SSCV) is set to blaze a trail when it enters into service in the coming months, armed with the strongest pair of revolving cranes for offshore oil, gas and renewable energy installation and decommissioning jobs. Named after Read More

Petrobras to deliver first VLCC cargo to its China bonded storage by end-June

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Singapore — Brazil’s Petrobras is scheduled to deliver a VLCC crude cargo to bonded storage facilities it has leased at Qingdao port in China’s eastern Shandong province by end-June, according to a port source with knowledge of the vessel and ship tracking data. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

A pollution crackdown compounds slowdown woes in China’s heartland

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ANYANG/SANGPO, China (Reuters) – For years, China’s industrial heartland has been cloaked in smog, its waterways choked with pollution pumped from enormous clusters of factories churning out the mountains of cement and steel needed to build the Chinese economy. A poster showing Chinese President Xi Jinping is seen in front of the Xinyuan Steel plant Read More

Venezuelan petroleum exports to Cuba surge in response to US sanctions

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Caracas, Venezuela — Venezuela has increased oil supplies to ally Cuba in May four-fold as US sanctions severely limit exports to other countries, PDVSA documents show. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now According to the documents, seen by S&P Global Platts Thursday, state-owned PDVSA exported 1.416 million Read More

Global growth worries slam Wall St. as trade tensions persist

2 days ago DieselGasoil Comments Off on Global growth worries slam Wall St. as trade tensions persist
NEW YORK (Reuters) – U.S. stocks slumped on Thursday as investors dumped shares of technology companies as well as businesses in cyclical sectors on fears that the escalating trade war between United States and China would stymie global economic growth. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, Read More

Zara owner Inditex appoints new CEO in drive for digital growth

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MADRID (Reuters) – Zara owner Inditex said it would split its dual role of chief executive and chairman, leaving Pablo Isla to lead the company and appointing Carlos Crespo as new CEO in a sign of the importance of digital strategy in driving sales growth. FILE PHOTO: A mans hold a Zara shopping bag outside Read More

Angola poised for South African energy expansion

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5/23/2019 Photo: (left) Angola President Joao Lourenco and (right) Guillaume Doane, CEO of Africa Oil & Power. JOHANNESBURG — As Angola works in attracting foreign investors from the Americas, Europe, the Middle East and Asia, its closest African neighbors are also entering the race to tap into vast investment opportunities in Africa’s second biggest oil Read More

Morien Announces Quarterly Dividend and Results of Annual and Special Meeting

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HALIFAX, Nova Scotia, May 23, 2019 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company“) (TSXV:MOX) is pleased to announce that its board of directors (the “Board“) has declared a dividend of $0.0025 (one quarter of one cent) per common share for the second quarter of 2019.  The dividend will be paid on June Read More

Investor group to place $10 billion bet on East Med gas

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By Yaacov Benmeleh on 5/23/2019 TEL AVIV (Bloomberg) — A little-known investor group is planning a major shakeup of the Eastern Mediterranean natural gas industry in a bid to unlock hundreds of billions of dollars of sales stymied by the political and industrial complexities of the region. Cynergy Group, an investment firm based in Cyprus, Read More