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China prepares its ‘nuclear option’ in trade war

11 hours ago DieselGasoil Comments Off on China prepares its ‘nuclear option’ in trade war
As the trade war continues to escalate, China is becoming increasingly active in Iran and is considering retaliating with what has long been described as the country’s ‘nuclear option’. For the first of these projects – Phase 11 of the supergiant South Pars non-associated gas field (SP11) – last week saw a statement from the chief executive Read More

BW Offshore: Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field

12 hours ago DieselGasoil Comments Off on BW Offshore: Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field
Approved by ANP as operator in Brazil and transfer of the participating interest in the Maromba field With reference to the stock exchange releases dated 8 and 14 March 2019. BW Offshore (BWO) is pleased to announce that The Brazilian National Agency of Petroleum, Natural Gas and Biofuels (ANP) has granted BW Offshore status as Read More

Deforestation in Brazil, vote in Argentina endanger EU-Mercosur pact

18 hours ago DieselGasoil Comments Off on Deforestation in Brazil, vote in Argentina endanger EU-Mercosur pact
BRASILIA (Reuters) – Brazil’s backsliding on Amazon conservation under right-wing President Jair Bolsonaro and a likely Peronist return to power in Argentina could delay or even derail ratification of an EU-Mercosur trade agreement that took two decades to negotiate. FILE PHOTO: An aerial view of a tract of Amazon jungle recently cleared by loggers and Read More

Between F-16 sale to Taiwan, Hong Kong and tariffs, China has no reason to trust US

1 day ago DieselGasoil Comments Off on Between F-16 sale to Taiwan, Hong Kong and tariffs, China has no reason to trust US
Word that US President Donald Trump is pushing for a sale of F-16 fighters to Taiwan worth $8 billion is unlikely to help a ‘deal’ with China, as Beijing’s already blaming Washington for the Hong Kong protests and the tariff war. The proposed sale of 66 modernized jet fighters is still a rumor, as no Read More

Correction: Prosafe SE: Publication of Information Memorandum

1 day ago DieselGasoil Comments Off on Correction: Prosafe SE: Publication of Information Memorandum
Correction: the Information Memorandum was not attached to the previous announcement, and has now been attached. Not for release, publication or distribution, in whole or in part, in or into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Reference is made to announcement of 3 June Read More

BW Offshore: Contract extension for Petróleo Nautipa

1 day ago DieselGasoil Comments Off on BW Offshore: Contract extension for Petróleo Nautipa
Contract extension for Petróleo NautipaBW Offshore has received a one-year contract extension for the lease and operation of the FPSO Petróleo Nautipa. The FPSO is operating on the Etame field offshore Gabon for VAALCO Energy. The firm period has been extended to Q3 2021 (from Q3 2020), with options until Q3 2022. For further information, Read More

Refinery news roundup: Minor works at Russian refineries, Antipinsky back

1 day ago DieselGasoil Comments Off on Refinery news roundup: Minor works at Russian refineries, Antipinsky back
London — Only minor works were heard at Russian refineries before the start of the autumn refinery turnaround season in October. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Meanwhile, the Antipinsky refinery resumed operations on July 18, Sberbank said in a statement. Socar Energoresurs, a joint venture between Read More

Refinery news roundup: Africa launches come into focus

1 day ago DieselGasoil Comments Off on Refinery news roundup: Africa launches come into focus
London — News has emerged about new launches in Africa. Separately, Engen’s refinery in Durban is facing “some challenges” in production and hence will not be able offer bunker fuel in the spot market until the end of September, sources said. The refinery was “highly unlikely” to resume offering until the end of September, which Read More

Prosafe SE: Publication of Information Memorandum

1 day ago DieselGasoil Comments Off on Prosafe SE: Publication of Information Memorandum
Not for release, publication or distribution, in whole or in part, in or into any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. Reference is made to announcement of 3 June 2019 concerning the merger agreement between Prosafe SE (“Prosafe”, OSE ticker PRS) and Floatel International Ltd Read More

US oil, gas rig count falls 15 on week to level not seen since May 2017

2 days ago DieselGasoil Comments Off on US oil, gas rig count falls 15 on week to level not seen since May 2017
Houston — The US oil and natural gas rig count fell this week to a low not seen since May 2017 as activity dropped or stalled in all the country’s major basins, information published by RigData showed Thursday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now As of Wednesday, Read More