newszine

Brazil clears new pesticides as government aims to speed approvals

3 hours ago DieselGasoil Comments Off on Brazil clears new pesticides as government aims to speed approvals
SAO PAULO (Reuters) – Brazil’s Agriculture Ministry on Tuesday approved 63 pesticides for commercial use as the government seeks to reduce a backlog of applications for new agricultural chemicals. In a statement, the ministry said 56 of the new approvals were for generic products with active ingredients already in use in Brazil. Seven of the Read More

AB InBev braves Hong Kong turmoil with second Asia IPO attempt

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HONG KONG (Reuters) – Anheuser-Busch InBev NV (ABI.BR) will brave jittery Hong Kong markets in a second attempt to spin off its Asian business on Wednesday, aiming to raise up to $6.6 billion in what could be the world’s second largest IPO this year. The brewing giant, which in July tried to raise up to Read More

Bombing at Afghan president’s campaign rally kills 24 people

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At least 24 people have been killed and at least 30 injured after a suicide bomber targeted a campaign rally for Afghan President Ashraf Ghani. The attacker rammed a motorbike packed with explosives into the entrance of the venue in the city of Charakar, and officials have confirmed that Mr Ghani was unharmed. Hours after Read More

Oil shock unites China with Asia rivals worried about supply

13 hours ago DieselGasoil Comments Off on Oil shock unites China with Asia rivals worried about supply
By Iain Marlow, Dandan Li and Archana Chaudhary on 9/17/2019 HONG KONG (Bloomberg) – If anything could distract Asia’s top powers from sparring over disputed territory and crimes committed during World War II, it’s the need for cheap oil. Asia accounts for more than 70% of Saudi Arabia’s crude exports, with the four biggest economies Read More

China condemns attacks on Saudi oil facilities

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BEIJING (Reuters) – China on Tuesday condemned an attack on Saudi Arabia’s oil facilities, in a toughening of its language from the previous day, but again without saying who it believed was behind it. FILE PHOTO: Hua Chunying, spokeswoman of China’s Foreign Ministry, speaks at a regular news conference in Beijing, China, January 6, 2016. Read More

Trump says he does not want war after attack on Saudi oil facilities

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WASHINGTON/DUBAI (Reuters) – U.S. President Donald Trump said on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did not want to go to war, as the attacks sent oil prices soaring and raised fears of a new Middle East conflict. Iran has rejected U.S. charges Read More

Ultra Petroleum Corp. Proactively Enters into Amended Credit Facility to Remove Maintenance Covenants, Suspends Drilling Program, Substantially Increase Free Cash Flow Generation and Announces a Fall Borrowing Base Redetermination of $1.175 Billion and Commitment Amount to the Credit Facility of $200 Million

1 day ago DieselGasoil Comments Off on Ultra Petroleum Corp. Proactively Enters into Amended Credit Facility to Remove Maintenance Covenants, Suspends Drilling Program, Substantially Increase Free Cash Flow Generation and Announces a Fall Borrowing Base Redetermination of $1.175 Billion and Commitment Amount to the Credit Facility of $200 Million
ENGLEWOOD, Colo., Sept. 16, 2019 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (OTCQX: UPLC) announces that it has received unanimous approval from the lenders for its revolving credit facility (the “Credit Facility”) and entered into an amendment that, among other items, removes the financial maintenance covenants from the Credit Facility. This Read More

Trump says looks like Iran was behind Saudi oil attacks

1 day ago DieselGasoil Comments Off on Trump says looks like Iran was behind Saudi oil attacks
WASHINGTON/DUBAI (Reuters) – U.S. President Donald Trump on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia at the weekend that raised fears of a fresh Middle East conflict, but added that he did not want war with anyone. Iran has rejected U.S. charges it was to blame for Read More

Evidence points to Iran involvement in attack, says Saudi alliance, as oil prices soar

1 day ago DieselGasoil Comments Off on Evidence points to Iran involvement in attack, says Saudi alliance, as oil prices soar
DUBAI (Reuters) – An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said the United States was “locked and loaded” to hit back. The Iran-aligned Houthi group that controls Yemen’s capital Read More