newszine

Pembina to buy Kinder Morgan’s oil assets for $3.3 billion

2 days ago DieselGasoil Comments Off on Pembina to buy Kinder Morgan’s oil assets for $3.3 billion
By Kevin Orland on 8/21/2019 CALGARY (Bloomberg) – Pembina Pipeline Corp. increased its bet on the future of Canada’s turbulent oil-sands industry, agreeing to buy Kinder Morgan’s Canadian unit and the U.S. portion of a key pipeline for about C$4.35 billion ($3.3 billion). The deal makes Pembina a major player in the oil-storage business, giving Read More

Argentina seeks to stabilize currency as oil companies fret about price freeze

3 days ago DieselGasoil Comments Off on Argentina seeks to stabilize currency as oil companies fret about price freeze
Buenos Aires — Argentina’s newly installed economy minister, Hernan Lacunza, said Tuesday he will focus on stabilizing the currency as the key to pulling the country’s economy out of recession and reducing inflation, yet he will face pressure from oil companies who are concerned that a 90-day freeze on crude and refined product prices could Read More

Rental firm walks away from Tesla order after quality dispute

1 week ago DieselGasoil Comments Off on Rental firm walks away from Tesla order after quality dispute
FRANKFURT (Reuters) – Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85 Tesla (TSLA.O) Model 3 electric vehicles following a dispute over how to fix quality issues, the German company said on Friday. FILE PHOTO: Philip Floyd, senior engineering technician for the Insurance Institute for Highway Safety, Read More

Invesco thrives in China as former executive Ross leads Trump’s trade war

1 week ago DieselGasoil Comments Off on Invesco thrives in China as former executive Ross leads Trump’s trade war
BOSTON (Reuters) – The former investment company of U.S. Commerce Secretary Wilbur Ross has been flourishing in China, even as he marshals billions of dollars’ worth of punishing tariffs in America’s deepening trade war. FILE PHOTO: U.S. Commerce Secretary Wilbur Ross speaks during a 17th Latin American Leadership Forum in Brasilia, Brazil August 1, 2019. Read More

STAR Market tech board offers hope to Chinese venture capitalists

1 week ago DieselGasoil Comments Off on STAR Market tech board offers hope to Chinese venture capitalists
SHANGHAI/HONG KONG (Reuters) – When Chinese venture capital firm New Vision Capital invested in two startups focusing on cloud computing and micro-optics, the plan was to eventually take them public on the Nasdaq exchange. FILE PHOTO – A sign for STAR Market, China’s new Nasdaq-style tech board, is seen after the listing ceremony of the Read More

Imperiled by climate change, Pacific nations chide Australia

1 week ago DieselGasoil Comments Off on Imperiled by climate change, Pacific nations chide Australia
FUNAFUTI, Tuvalu (Reuters) – Small Pacific islands nations at risk from rising sea levels lambasted Australia on Friday after it blocked moves at a regional forum to set down tough policies to combat climate change. FILE PHOTO: Prime Minister of Fiji and COP 23 President Frank Bainimarama speaks during the COP24 UN Climate Change Conference Read More

StanChart eyes $100 billion private bank assets in growth push, to hire bankers

1 week ago DieselGasoil Comments Off on StanChart eyes $100 billion private bank assets in growth push, to hire bankers
HONG KONG (Reuters) – Standard Chartered (STAN.L) is targeting growing its private banking assets by 50% to about $100 billion in three to five years and hire dozens of bankers in Hong Kong and Singapore toward that goal, a senior executive of the lender said. FILE PHOTO: A logo of Standard Chartered is displayed at Read More

Golar LNG Limited – Q2 2019 results presentation

1 week ago DieselGasoil Comments Off on Golar LNG Limited – Q2 2019 results presentation
Golar LNG’s 2nd Quarter 2019 results will be released before the NASDAQ opens on Thursday August 29, 2019. In connection with this a webcast presentation will be held at 3:00 P.M (London Time) on Thursday, August 29, 2019. The presentation will be available to download from the Investor Relations section at www.golarlng.com This webcast will Read More

Golar LNG Partners LP: Q2 2019 results presentation

1 week ago DieselGasoil Comments Off on Golar LNG Partners LP: Q2 2019 results presentation
Golar LNG Partners LP 2nd Quarter 2019 results will be released before the NASDAQ opens on Thursday August 29, 2019. In connection with this a webcast presentation will be held at 4:30 P.M (London Time) on Thursday, August 29, 2019. The presentation will be available to download from the Investor Relations section at www.golarlngpartners.com This Read More

Guyana isn’t ready for its pending oil riches, but ExxonMobil is

2 weeks ago DieselGasoil Comments Off on Guyana isn’t ready for its pending oil riches, but ExxonMobil is
By Kevin Crowley on 8/13/2019 HOUSTON (Bloomberg Markets) – This tiny nation on the north coast of South America is about to become the world’s newest petrostate—and potentially the richest. In 2015, ExxonMobil made what one of its executives described as a “fairy tale” discovery in the vast Stabroek exploration block off the Guyanese coast. Read More