newszine

In coal we trust: Australian voters back PM Morrison’s faith in fossil fuel

23 mins ago DieselGasoil Comments Off on In coal we trust: Australian voters back PM Morrison’s faith in fossil fuel
MELBOURNE (Reuters) – Australia’s re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, “This is coal – don’t be afraid!” His surprise win in what some dubbed the ‘climate election’ may have stunned the country, but voters should know what comes next in energy policy – big coal. FILE PHOTO: Read More

Trade uncertainty darkens U.S. small caps outlook

4 hours ago DieselGasoil Comments Off on Trade uncertainty darkens U.S. small caps outlook
NEW YORK (Reuters) – Shares of smaller publicly listed U.S. companies have fallen more on recent U.S.-China trade tensions than larger corporations and could face an even rougher road as the year wears on unless the prospects for economic growth improve. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) Read More

Saudi Arabia says oil producers want to reduce inventories

13 hours ago DieselGasoil Comments Off on Saudi Arabia says oil producers want to reduce inventories
JEDDAH, Saudi Arabia (Reuters) – Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories “gently” but his country would remain responsive to the needs of what he called a fragile market. Saudi Arabian Energy Minister Khalid al-Falih speaks to the media before Read More

ExxonMobil Permian Development to provide $64 billion in benefits to New Mexico

17 hours ago DieselGasoil Comments Off on ExxonMobil Permian Development to provide $64 billion in benefits to New Mexico
5/19/2019 Photo: Darren W. Woods, chairman and CEO, ExxonMobil. IRVING, Texas — ExxonMobil has said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and Read More

Saudi energy minister recommends driving down oil inventories, says supply plentiful

18 hours ago DieselGasoil Comments Off on Saudi energy minister recommends driving down oil inventories, says supply plentiful
JEDDAH, Saudi Arabia (Reuters) – Saudi Arabia’s energy minister said on Sunday he recommended driving oil inventories down and that global oil supplies were plentiful. Saudi Arabian Energy Minister Khalid al-Falih speaks to the media before the OPEC 14th Meeting of the Joint Ministerial Monitoring Committee in Jeddah, Saudi Arabia, May 19, 2019. REUTERS/Waleed Ali Read More

Huawei has long been ready for US ban & won’t bow to pressure, CEO says

23 hours ago DieselGasoil Comments Off on Huawei has long been ready for US ban & won’t bow to pressure, CEO says
US restrictions won’t hurt Chinese telecom giant Huawei much, as it has long been prepared for it, CEO Ren Zhengfei stated, adding that the firm has no intention of changing its activities on the US’ request. “We have already been preparing for this,” the founder of Shenzhen-based Huawei Technologies said, as cited by Nikkei in Read More

In coal we trust: Australia’s voters back PM Morrison’s faith in fossil fuel

1 day ago DieselGasoil Comments Off on In coal we trust: Australia’s voters back PM Morrison’s faith in fossil fuel
MELBOURNE (Reuters) – Australia’s re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, “This is coal – don’t be afraid!” His surprise win in what some dubbed the ‘climate election’ may have stunned the country, but voters should know what comes next in energy policy – big coal. FILE PHOTO: Read More

Arnold Schwarzenegger attacked by ‘crazed fan’ in South Africa

1 day ago DieselGasoil Comments Off on Arnold Schwarzenegger attacked by ‘crazed fan’ in South Africa
By Chris Robertson, news reporter Actor and former California governor Arnold Schwarzenegger has been attacked while out at an event in South Africa, footage shows. In a clip that emerged on Saturday, Schwarzenegger can be seen at the Arnold Classic Africa event in Johannesburg when someone runs up behind him and kicks him in the Read More

Arnold Schwarzenegger attacked at event in South Africa

2 days ago DieselGasoil Comments Off on Arnold Schwarzenegger attacked at event in South Africa
By Chris Robertson, news reporter Bodybuilder and actor Arnold Schwarzenegger has been attacked whilst out at an event in South Africa, footage shows. In a clip that emerged on Saturday, Schwarzenegger can be seen at the Arnold Classic Africa event in Johannesburg when someone runs up behind him and kicks him in the back. The Read More

Meet America’s newest $9 trillion climate change solution

2 days ago DieselGasoil Comments Off on Meet America’s newest $9 trillion climate change solution
Democratic Presidential hopeful and Washington Governor Jay Inslee unveiled a plan for combating climate change through an oft-before cited transition away from fossil fuels and towards renewable energy. The proposal, which Inslee refers to as the “Evergreen Economy Plan”, would cost $9 trillion and is distinct from theGreen New Deal championed by AOC. Inslee says his Read More