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‘Star Wars’ are back? US might preemptively strike Russia & China with space weapons – Russian MoD

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The US may be plotting a preemptive strike on the nuclear arsenals of Russia and China, Russian military said, citing the revival of the 1980s ‘Star Wars’ program and ever-growing US “missile defense” in Europe as evidence. The analysis of the “probable actions” of Washington shows that Americans are seeking to achieve strategic superiority through Read More

Equinor bends to investor pressure on climate

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By Kelly Gilblom on 4/24/2019 LONDON (Bloomberg) – Equinor is the latest large oil company to bow to a major investor group that is pushing corporations to take more robust action on climate change. The Norwegian giant has agreed to align its business model with the goals of the 2015 Paris climate accord and will Read More

‘Lift sanctions & apologize if you want to talk,’ Iran’s Rouhani tells Washington

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The US should first drop sanctions and apologize, if it wants to sit down for negotiations, Iran’s President Hassan Rouhani said, after Washington stepped up “maximum pressure” on Tehran. “Negotiation is only possible if all the pressures are lifted, they apologize for their illegal actions and there is mutual respect,” Rouhani said on Wednesday. He Read More

Exclusive: Behind Airbnb’s bet on show business to hook travelers

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SAN FRANCISCO (Reuters) – Hollywood has a new suitor in Silicon Valley. FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato Airbnb Inc, the high-flying startup for booking home rentals around the world, has ambitions to develop a slate of original shows to whet Read More

ExxonMobil makes 13th discovery offshore Guyana

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4/23/2019 Stabroek field, offshore Guyana. Photo: ExxonMobil. IRVING — ExxonMobil said today it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 Bboe on the Stabroek Block. Yellowtail-1 is the fifth discovery Read More

Angola in recovery mode with oil-block auction, new refineries on the horizon

2 days ago DieselGasoil Comments Off on Angola in recovery mode with oil-block auction, new refineries on the horizon
By Henrique Almeida on 4/23/2019 Photo: Luanda, Angola offshore field. LISBON (Bloomberg) — Africa’s second-biggest oil producer looks to benefit from a surge in crude prices that could boost companies’ appetite for investments with an auction of nine blocks this year and seeking new refineries. The tenders for the offshore areas are part of efforts Read More

Angola in recovery mode with oil-block auction, new refineries

2 days ago DieselGasoil Comments Off on Angola in recovery mode with oil-block auction, new refineries
By Henrique Almeida on 4/23/2019 LISBON (Bloomberg) — Africa’s second-biggest oil producer looks to benefit from a surge in crude prices that could boost companies’ appetite for investments with an auction of nine blocks this year and seeking new refineries. The tenders for the offshore areas are part of efforts to lure back global explorers Read More

Lukoil produced 100 MMt of oil at West Qurna-2 field

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4/23/2019 West Qurna field, Iraq. Photo: Lukoil. IRAQ — Cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project. With 184 wells drilled at the field, the average daily production rate is 400,000 bbl. To manage the field’s production, Lukoil uses Read More