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Exclusive: Dirty oil crisis over for Russia, but contagion felt on high seas

6 hours ago DieselGasoil Comments Off on Exclusive: Dirty oil crisis over for Russia, but contagion felt on high seas
MOSCOW/LONDON (Reuters) – In the opinion of Russian officials, the oil contamination crisis that disrupted flows from the world’s second-largest exporter of crude this spring is long over. FILE PHOTO: An oil storage tank of Russian oil pipeline monopoly Transneft is pictured at the Baltic Sea port of Ust-Luga, Russia February 26, 2018. REUTERS/Vladimir Soldatkin/File Read More

Oil prices remain ‘very fragile’ amid supply and demand concerns: Vitol

13 hours ago DieselGasoil Comments Off on Oil prices remain ‘very fragile’ amid supply and demand concerns: Vitol
Crude oil prices remain fragile because they are caught between supply and demand uncertainties arising from the political climate in the Middle East and the US-China trade dispute, Vitol Group CEO Russell Hardy said at the Asia Oil & Gas Conference on Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Still too early to take position on OPEC+ crude deal for H2: Russia’s Novak

16 hours ago DieselGasoil Comments Off on Still too early to take position on OPEC+ crude deal for H2: Russia’s Novak
London — Russian energy minister Alexander Novak said Monday it was still too early to talk about what form an OPEC+ deal on crude output should take in the second half of the year due to ongoing uncertainty in the market. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019

22 hours ago DieselGasoil Comments Off on Analysis: Southeast Asia contributing heavily to ample US-Asia crude flows in 2019
Singapore — Southeast Asia will likely continue to play a pivotal role in support of ample US-Asia crude oil trades in the second half of 2019 despite China’s faltering appetite for US energy products, with Vietnam aiming to procure two more WTI crude cargoes over the coming quarters. Not registered? Receive daily email alerts, subscriber Read More

Oil could skyrocket to over $100-per-barrel if Iran-US war breaks out, analysts predict

2 days ago DieselGasoil Comments Off on Oil could skyrocket to over $100-per-barrel if Iran-US war breaks out, analysts predict
A full-fledged war between the US and Iran would immediately affect global crude prices, as the recent escalation of tensions in the Middle East has already shown. The only question now is how high could crude go. Earlier in June, an adviser to Iran’s Supreme Leader Ali Khamenei warned that oil prices will spike to Read More

Colorado producers highlight importance of community engagement under new bill

3 days ago DieselGasoil Comments Off on Colorado producers highlight importance of community engagement under new bill
Highlights SB 181 gives more authority to local governments Nine DJ communities have enacted moratoriums Denver — Following the passage of a Colorado state law giving more power to local governments over the issuance of drilling permits, producers find community engagement more important than ever. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

India looks to Russian crude as Iranian imports crash

4 days ago DieselGasoil Comments Off on India looks to Russian crude as Iranian imports crash
India and Russia continue to bolster their energy cooperation, and now India is looking at ways to establish oil shipping routes from Russia’s Far East India’s east coast. During the meeting (between India’s Oil Minister Dharmendra Pradhan with Yury Trutnev, Russia’s Deputy Prime Minister and the Russian president’s top envoy to Russia’s Far East), India and Read More

Green Plains Completes Private Offering of 4.00% Convertible Senior Notes Due 2024

4 days ago DieselGasoil Comments Off on Green Plains Completes Private Offering of 4.00% Convertible Senior Notes Due 2024
OMAHA, Neb., June 21, 2019 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced the completion of its offering of $105 million aggregate principal amount of 4.00% convertible senior notes due 2024. The notes were offered and sold in a private placement to qualified institutional buyers as defined in Rule 144A under the Securities Act Read More

Southeast Asian nations, among worst ocean polluters, aim to curb plastic debris

4 days ago DieselGasoil Comments Off on Southeast Asian nations, among worst ocean polluters, aim to curb plastic debris
BANGKOK (Reuters) – Thai zero-waste advocate Thanaboon Somboon never leaves his home without what he calls a full “weaponry” of reusable shopping bags, coffee tumblers and stainless steel straws for his daily battle against single-use plastic. FILE PHOTO: A plastic bottle washed up by the sea is seen at the Ao Phrao Beach, on the Read More

French DJ and producer dies after falling from Paris window

5 days ago DieselGasoil Comments Off on French DJ and producer dies after falling from Paris window
French producer and DJ Philippe “Zdar” Cerboneschi has died after accidentally falling from a building in Paris, his agent has said. Zdar, 50, who is legendary on the electronic music scene, made up one half of music duo Cassius with fellow producer Hubert Blanc-Francard. The duo were set to release a new album on Friday. Read More