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Oil lingers around 2019 highs but demand worries weigh

2 days ago DieselGasoil Comments Off on Oil lingers around 2019 highs but demand worries weigh
NEW YORK (Reuters) – Oil steadied on Tuesday after hitting 2019 highs as concerns about global crude oil demand, coupled with uncertainty over the latest round of U.S.-China trade talks, countered investor optimism around tightening supplies. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Read More

U.S. top court takes case that could limit water pollution law

3 days ago DieselGasoil Comments Off on U.S. top court takes case that could limit water pollution law
WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday agreed to consider limiting the scope of a landmark law aimed at curbing water pollution in a dispute pitting environmentalists against local authorities in Hawaii over a wastewater treatment plant. FILE PHOTO: The U.S. Supreme Court is seen in Washington, U.S., June 11, 2018. REUTERS/Erin Schaff/File Read More

Oil slips from 2019 high as economy worries weigh

3 days ago DieselGasoil Comments Off on Oil slips from 2019 high as economy worries weigh
LONDON (Reuters) – Oil fell from its 2019 high of almost $67 a barrel on Tuesday as concerns about the progress of U.S.-China trade talks and slowing economic growth countered lower supplies. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Read More

Brent oil eases from 2019 highs as markets await trade talks outcome

3 days ago DieselGasoil Comments Off on Brent oil eases from 2019 highs as markets await trade talks outcome
SINGAPORE (Reuters) – Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led by producer cartel OPEC still meant markets were relatively tight. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by Read More

U.S. oil prices hit three-month high amid OPEC-led output cuts

3 days ago DieselGasoil Comments Off on U.S. oil prices hit three-month high amid OPEC-led output cuts
FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo SYDNEY (Reuters) – U.S. oil prices hit a three-month high on Tuesday, buoyed by production cuts led by the Organization Read More

Dominion aims to cut U.S. methane releases by 50 percent by 2030

1 week ago DieselGasoil Comments Off on Dominion aims to cut U.S. methane releases by 50 percent by 2030
(Reuters) – Dominion Energy Inc said on Tuesday it plans to cut the amount of methane escaping from its natural gas wells, pipelines and other infrastructure by 50 percent over the next decade as part of its effort to combat global warming. The company, one of the biggest U.S. power and gas utilities, even held Read More

Pennsylvania suspends all permit work for Energy Transfer

1 week ago DieselGasoil Comments Off on Pennsylvania suspends all permit work for Energy Transfer
(Reuters) – Pennsylvania environmental regulators suspended all permit work for Energy Transfer LP after the company failed to comply with an October order following an explosion of the Revolution natural gas pipe in the western part of the state in September. The company said the Pennsylvania Department of Environmental Protection (DEP) action on Friday did Read More

Tata Steel makes key appointment to support business growth

2 weeks ago DieselGasoil Comments Off on Tata Steel makes key appointment to support business growth
2/11/2019 Photo: Peter Bradshaw, technical sales manager, energy and power, Tata Steel. MUMBAI, India — Tata Steel has announced a key appointment as the company looks to maximize on an upturn in its oil and gas activity. Peter Bradshaw joins Tata Steel as technical sales manager – energy & power with nine years of experience Read More

TransCanada says Keystone Pipeline is likely source of oil spill

2 weeks ago DieselGasoil Comments Off on TransCanada says Keystone Pipeline is likely source of oil spill
By Sheela Tobben, Robert Tuttle and Catherine Ngai on 2/10/2019 Photo: Enbridge. NEW YORK and CALGARY (Bloomberg) — TransCanada Corp. said its Keystone pipeline, which carries Canadian crude to the U.S., was likely the source of an oil spill in Missouri that prompted the company to shut a segment of the line. “Preliminary investigation has Read More

Tenaris and Severstal to form joint venture to build a welded pipe plant in West Siberia

2 weeks ago DieselGasoil Comments Off on Tenaris and Severstal to form joint venture to build a welded pipe plant in West Siberia
LUXEMBOURG, Feb. 05, 2019 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today that it will form a joint venture with PAO Severstal to build a welded pipe plant to produce OCTG products in the Surgut area, West Siberia, Russian Federation. Tenaris will have a 49% interest Read More