newszine

Saudis have not asked for crude after attacks: Iraqi oil minister

3 hours ago DieselGasoil Comments Off on Saudis have not asked for crude after attacks: Iraqi oil minister
Dubai — Saudi Arabia has not asked Iraq for crude supplies, Iraqi oil minister Thamir al-Ghadhban said Thursday, denying reports that his country had fielded a request from its neighbor to compensate for a shortfall caused by the weekend’s attacks on two key facilities. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

Filling Aramco’s crude orders will get tricky if repair timetable slips

4 hours ago DieselGasoil Comments Off on Filling Aramco’s crude orders will get tricky if repair timetable slips
By Verity Ratcliffe on 9/19/2019 DUBAI (Bloomberg) – Saudi Arabia’s pledge to fulfill all commitments to oil buyers after a strike on the giant processing plant at Abqaiq means the world’s largest crude exporter must continue to draw heavily on its inventories until production capacity returns. State oil company Saudi Aramco has more than enough Read More

Biotech is going to the dogs – and big profits await

8 hours ago DieselGasoil Comments Off on Biotech is going to the dogs – and big profits await
(Reuters) – For Jessica Lescault there is no question that her 6-year old English bulldog “Moose” deserves cutting-edge biotechnology cancer treatment as much as any human patient. “Pets are your loved ones, pets should be your family, pets are not something you keep on a chain in the backyard,” the intensive-care nurse from Somers, Connecticut, Read More

Kvaerner invests to increase productivity and competitiveness

9 hours ago DieselGasoil Comments Off on Kvaerner invests to increase productivity and competitiveness
Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group’s advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up a significant part of offshore Read More

Facebook unveils new Portal video chat, TV streaming devices

9 hours ago DieselGasoil Comments Off on Facebook unveils new Portal video chat, TV streaming devices
SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) unveiled new models of its Portal video chatting devices on Wednesday, making the company’s first foray into TV streaming hardware but offering a limited selection of subscription services. The launch comes as Facebook is trying to pivot toward more private forms of communication, after years of slowing user Read More

India’s state-run refineries assured of ‘uninterrupted’ Saudi supplies in Oct

13 hours ago DieselGasoil Comments Off on India’s state-run refineries assured of ‘uninterrupted’ Saudi supplies in Oct
Singapore — Indian state-run refineries will receive uninterrupted crude supplies from Saudi Arabia in October, oil ministry officials said Thursday, allaying fears of any temporary supply disruption due to the recent attacks on Saudi Aramco’s key oil facilities. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now India’s oil minister Read More

Saudi Arabia looking to buy Iraqi crude in wake of recent attacks: sources

16 hours ago DieselGasoil Comments Off on Saudi Arabia looking to buy Iraqi crude in wake of recent attacks: sources
Highlights Aramco contacted SOMO for Basrah Light barrels SOMO yet to comply with request Saudi focusing on diverting more barrels for export Singapore — The world’s largest crude exporter, Saudi Arabia has approached Iraq’s State Oil Marketing Organization to buy Iraqi crude as it looks to fill a supply shortfall in the wake of the Read More

Trump names new US national security advisor, likely maintaining Iran policy

24 hours ago DieselGasoil Comments Off on Trump names new US national security advisor, likely maintaining Iran policy
Highlights New advisor has called Iran ‘sworn enemy’ of US O’Brien appointed as US debates response to Saudi oil attacks Pompeo meeting with Saudi crown prince Washington — US President Trump on Wednesday named Robert C. O’Brien as his new national security advisor, diminishing the dim prospect that US sanctions on Iranian oil flows may Read More

Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise

24 hours ago DieselGasoil Comments Off on Analysis: US crude stocks climb 1.06 million barrels as refiners cut runs, imports rise
New York — US crude inventories climbed 1.06 million barrels last week to 417.13 million barrels, as refiners cut runs while imports edged higher, US Energy Information Administration data showed Wednesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The stock build was considered bearish for NYMEX crude futures, Read More

Oil eases losses as Saudi Arabia blames Iran for recent attacks

1 day ago DieselGasoil Comments Off on Oil eases losses as Saudi Arabia blames Iran for recent attacks
By Jessica Summers on 9/18/2019 NEW YORK (Bloomberg) – Crude trimmed losses after Saudi Arabia said Iran sponsored the recent attacks to its key oil production facilities. Futures fell as much as 2.2% in New York before easing declines on Wednesday. The weekend attacks on the kingdom’s critical oil infrastructure were “unquestionably sponsored by Iran” Read More