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BP says biofuel to add to rather than replace gasoline in Brazil

10 mins ago DieselGasoil Comments Off on BP says biofuel to add to rather than replace gasoline in Brazil
LONDON (Reuters) – BP (BP.L) does not expect supply from additional biofuel capacity in Brazil – where it is combining its unit with U.S. grain trader Bunge’s (BG.N) – to replace diesel (gasoil) and gasoline demand, BP’s head of Alternative Energy, Dev Sanyal, told Reuters. Through the deal BP will increase its biofuel production to Read More

Toshiba Memory sees ‘good chance’ of M&A in push for data center business

1 hour ago DieselGasoil Comments Off on Toshiba Memory sees ‘good chance’ of M&A in push for data center business
TOKYO (Reuters) – Japan’s Toshiba Memory said there was a “good chance” of acquisitions as it pushes to increase its share of the market for advanced storage products used in data centers. FILE PHOTO: Toshiba’s flash memory factory is pictured during a media tour in Yokkaichi, western Japan September 9, 2014. REUTERS/Reiji Murai/File Photo Toshiba Read More

Thai farmers asked to delay rice planting as drought bites

4 hours ago DieselGasoil Comments Off on Thai farmers asked to delay rice planting as drought bites
BANGKOK (Reuters) – The Thai government has asked farmers to delay planting rice because of drought and the pumping of water from reservoirs for irrigation threatens household supplies, an agriculture ministry official said on Monday. Farmers in the world’s second-biggest rice exporter usually plant their main crop in May, the beginning of the rainy season, Read More

Kashagan consortium eyes output increases, new joint project

6 hours ago DieselGasoil Comments Off on Kashagan consortium eyes output increases, new joint project
London — Kazakhstan’s North Caspian Operating Company, which manages the giant Kashagan oil field, is planning further production increases after recent upgrade and maintenance work, and aims to present a new project for two nearby fields in the current quarter, it told S&P Global Platts. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

Fire forces Philadelphia Energy Solutions to file for bankruptcy again

8 hours ago DieselGasoil Comments Off on Fire forces Philadelphia Energy Solutions to file for bankruptcy again
FILE PHOTO: The Philadelphia Energy Solutions oil refinery is shown following a recent fire that caused significant damage to the complex, in Philadelphia, Pennsylvania, U.S., June 26, 2019. REUTERS/Laila Kearney/File Photo (Reuters) – Philadelphia Energy Solutions (PES) filed for its second Chapter 11 bankruptcy in less than two years on Sunday, a court filing showed, Read More

China’s top steelmaking city Tangshan steps up anti-smog curbs: local media

14 hours ago DieselGasoil Comments Off on China’s top steelmaking city Tangshan steps up anti-smog curbs: local media
FILE PHOTO: Smoke rises from a chimney among houses as new high-rise residential buildings are seen under construction on a hazy day in the city centre of Tangshan, Hebei province in this February 18, 2014. REUTERS/Petar Kujundzic/File Photo BEIJING (Reuters) – China’s top steelmaking city Tangshan has stepped up anti-pollution measures over July 21 to Read More

China steel mill boss detained for pollution offences: state media

16 hours ago DieselGasoil Comments Off on China steel mill boss detained for pollution offences: state media
SHANGHAI (Reuters) – The boss of a steel mill in the city of Tangshan in Hebei province has been detained after his plant was found to have violated anti-smog restrictions, state media reported on Monday. The Tangyin Steel Plant, owned by the Tangshan Iron and Steel Group, had failed to carry out a mandatory 50% Read More

Libya declares force majeure on Sharara crude loaded at Zawiya: NOC

1 day ago DieselGasoil Comments Off on Libya declares force majeure on Sharara crude loaded at Zawiya: NOC
Dubai — Libya’s state-owned National Oil Corporation said Saturday it declared force majeure on Sharara crude loaded at Zawiya port due to an unlawful closure of a valve. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NOC said 290,000 b/d of production at the Sharara oil field has been Read More

Ford to lay off around 200 workers at Canadian plant

3 days ago DieselGasoil Comments Off on Ford to lay off around 200 workers at Canadian plant
TORONTO (Reuters) – Ford Motor Co (F.N) will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the company said on Friday. FILE PHOTO: The logo of Ford is seen on a 2020 Ford Explorer car at Ford’s Chicago Assembly Read More

Ford to lay off 185 workers at Canadian plant: union

3 days ago DieselGasoil Comments Off on Ford to lay off 185 workers at Canadian plant: union
FILE PHOTO: The logo of Ford is seen on a 2020 Ford Explorer car at Ford’s Chicago Assembly Plant in Chicago, Illinois, U.S. June 24, 2019. REUTERS/Kamil Krzaczynski TORONTO (Reuters) – Ford Motor Co (F.N) will lay off about 185 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of Read More