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China’s tough rhetoric leaves trade talks with U.S. in limbo

3 days ago DieselGasoil Comments Off on China’s tough rhetoric leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, U.S. officials accuse China of Read More

China’s tough trade rhetoric leaves talks with U.S. in limbo

3 days ago DieselGasoil Comments Off on China’s tough trade rhetoric leaves talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, U.S. officials accuse China of Read More

Tough talk from China leaves trade talks with U.S. in limbo

3 days ago DieselGasoil Comments Off on Tough talk from China leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. A container is carried onto a truck in a logistics center near Tianjin Port, in northern China, May Read More

U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll

4 days ago DieselGasoil Comments Off on U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll
BENGALURU (Reuters) – Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40%. FILE PHOTO: A cashier handles money in Macy’s Herald Square in Manhattan, Read More

Nissan says Saikawa retained as CEO, putting focus on Renault ties

4 days ago DieselGasoil Comments Off on Nissan says Saikawa retained as CEO, putting focus on Renault ties
TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the protege of former boss Carlos Ghosn even as top shareholder Renault pushed for a change in the Japanese automaker’s leadership. FILE PHOTO: Nissan CEO Hiroto Saikawa attends a news conference in Yokohama, Japan, May 14, Read More

China’s Huawei restricted from using U.S. suppliers

4 days ago DieselGasoil Comments Off on China’s Huawei restricted from using U.S. suppliers
WASHINGTON/NEW YORK (Reuters) – The Trump administration on Thursday officially added China’s Huawei Technologies Co Ltd to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with U.S. companies. The logo of Huawei is seen at the high profile startups and high tech leaders gathering, Read More

Senate Committee votes down Canadian oil tanker moratorium

4 days ago DieselGasoil Comments Off on Senate Committee votes down Canadian oil tanker moratorium
5/16/2019 CALGARY — The Senate Standing Committee on Transportation has voted to defeat Bill C-48, the Oil Tanker Moratorium Act. The Canadian Association of Petroleum Producers (CAPP) praises the committee for its study of this Bill and taking the time to travel and consult directly with Canadians. Bill C-48 is a highly divisive policy based Read More

Gazprom Neft produces its two-millionth ton of oil in Kurdistan, Iraq

4 days ago DieselGasoil Comments Off on Gazprom Neft produces its two-millionth ton of oil in Kurdistan, Iraq
5/16/2019 Sarqala field in the Kurdistan Region of Iraq. Photo: Gazprom Neft. MOSCOW — Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its two-millionth ton of oil since starting commercial production at its Sarqala field in the Kurdsitan Region of Iraq. Sarqala field in the Kurdsitan Region of Iraq First oil was obtained Read More

Nestle in talks over $10 billion sale of skin health unit to EQT, ADIA

5 days ago DieselGasoil Comments Off on Nestle in talks over $10 billion sale of skin health unit to EQT, ADIA
ZURICH (Reuters) – Nestle SA has entered exclusive negotiations to sell its skin Health business to a consortium led by EQT Partners and Abu Dhabi’s ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday. FILE PHOTO: A logo is pictured during the 152nd Annual General Meeting of Nestle in Read More

In limbo: the dirty Russian oil no one wants to pay for

5 days ago DieselGasoil Comments Off on In limbo: the dirty Russian oil no one wants to pay for
LONDON/MOSCOW (Reuters) – The bills are due for millions of barrels of contaminated Russian oil that have been stuck for weeks in pipelines from Belarus to Germany – but no one wants to pay. FILE PHOTO: An oil storage tank of Russian oil pipeline monopoly Transneft is pictured at the Baltic Sea port of Ust-Luga, Read More