newszine

Green economy good news for copper producers: Antofagasta chairman

1 day ago DieselGasoil Comments Off on Green economy good news for copper producers: Antofagasta chairman
FILE PHOTO: APEC CEO Summit 2019 chairman Jean-Paul Luksic of Chile speaks during the APEC CEO Summit 2018 at the Port Moresby, Papua New Guinea, 17 November 2018. Fazry Ismail/Pool via REUTERS/File Photo LOS PELAMBRES MINE, Chile (Reuters) – The global fight against climate change will boost demand for copper, a key metal used in Read More

High Arctic Closes Acquisition of Precision Drilling Snubbing Assets

3 days ago DieselGasoil Comments Off on High Arctic Closes Acquisition of Precision Drilling Snubbing Assets
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, April 16, 2019 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (“High Arctic”) is pleased to announce it has closed on the previously announced Read More

Australia PM seeks new law to penalize animal rights activists

1 week ago DieselGasoil Comments Off on Australia PM seeks new law to penalize animal rights activists
SYDNEY (Reuters) – Australia’s government proposed on Wednesday to criminalise some actions of animal rights protesters after activists blocked traffic in Melbourne and stormed farms and abattoirs this week to protest factory farming. FILE PHOTO – Prime Minister of Australia Scott Morrison reacts during the APEC CEO Summit 2018 at Port Moresby, Papua New Guinea, Read More

U.S. firm’s plan for Australia-China internet cable leaves Huawei trailing

1 week ago DieselGasoil Comments Off on U.S. firm’s plan for Australia-China internet cable leaves Huawei trailing
SYDNEY (Reuters) – U.S. submarine cable company SubCom said on Thursday it would lay an internet link from Australia to Hong Kong through Papua New Guinea, deepening its involvement in a region where China’s Huawei Technologies Co Ltd has sought to expand. FILE PHOTO: The logo of Huawei is seen at its showroom in Shenzhen, Read More

Total, Papua New Guinea sign Papua LNG project agreement

1 week ago DieselGasoil Comments Off on Total, Papua New Guinea sign Papua LNG project agreement
4/9/2019 Photo: LNG vessel. PORT MORESBY — Total and its partners ExxonMobil and Oil Search have signed the gas agreement with the Independent State of Papua New Guinea defining the fiscal framework for the Papua LNG Project. This gas agreement allows the partners to enter the Front-End Engineering Design (FEED) phase of study that will Read More

Australia, New Zealand join Pacific central bankers to focus on climate change

2 weeks ago DieselGasoil Comments Off on Australia, New Zealand join Pacific central bankers to focus on climate change
A man smokes next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz SYDNEY (Reuters) – Central banks of South Pacific islands, joined by those of Australia and New Zealand, will focus on the impact of climate change on their financial systems and ways to respond, they said Read More

High Arctic Announces Acquisition of Precision Drilling Snubbing Assets

2 weeks ago DieselGasoil Comments Off on High Arctic Announces Acquisition of Precision Drilling Snubbing Assets
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Canada, April 04, 2019 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (“High Arctic”) is pleased to announce it has entered into an agreement to Read More

Magnitude 6.1 earthquake hits Papua New Guinea: USGS

3 weeks ago DieselGasoil Comments Off on Magnitude 6.1 earthquake hits Papua New Guinea: USGS
(Reuters) – A magnitude 6.4 earthquake hit Papua New Guinea’s New Britain island, 186 km (115 miles) east of Kandrian, on Saturday, the U.S. Geological Survey said. There were no immediate reports of damage or injuries from the quake which, USGS said struck at 1120 GMT, the Center added. Earlier reports measured the magnitude at Read More

Briton tries to flee Australia by jet ski

3 weeks ago DieselGasoil Comments Off on Briton tries to flee Australia by jet ski
By Sharon Marris, news reporter A British man has been stopped by police after allegedly trying to flee Australia on a jet ski. The man set off from Cape York in northern Queensland on Monday, apparently hoping to reach Papua New Guinea – a distance of just over 90 miles. Police say he is wanted Read More

China plans to invest in mature fields to boost production

4 weeks ago DieselGasoil Comments Off on China plans to invest in mature fields to boost production
By Aibing Guo on 3/25/2019 HONG KONG (Bloomberg) — China’s oil giants aim to spend the most in five years in pursuit of higher energy output. But unlike global rivals investing in top-tier assets, the state-owned producers are trying to boost supply from fields that are either old and high-cost or new and challenging. China’s Read More