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Russia floats third in class of nuclear icebreaker set to guide ships through Arctic

36 mins ago DieselGasoil Comments Off on Russia floats third in class of nuclear icebreaker set to guide ships through Arctic
Russia has floated its third next-gen nuclear icebreaker – the Ural – designed to lead ships through the thickest ice sheets in the Arctic. When completed these type of vessels will become the world’s largest and most powerful. The Ural is the third ship of Project 22220, set to become the most powerful and biggest Read More

Huawei shipments could fall by up to a quarter this year: analysts

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HONG KONG/SHANGHAI (Reuters) – China’s Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said. Workers are seen near the booth of Huawei Technologies Co under construction at the venue of China International Read More

Russia, Poland set goal to restart oil pipeline as tensions linger

2 days ago DieselGasoil Comments Off on Russia, Poland set goal to restart oil pipeline as tensions linger
By Maciej Martewicz and Marek Strzelecki on 5/23/2019 Photo: Druzhba pipeline, Russia. WARSAW (Bloomberg) — Although compensation for damage caused during a contamination crisis remains a sticking point, Russia and Poland said flows of clean oil through the giant Druzhba pipeline into Europe could resume within 2 1/2 weeks. Transneft PJSC, Russia’s state crude oil Read More

US forecasters predict ‘near-normal’ Atlantic hurricane season with two-four major storms

2 days ago DieselGasoil Comments Off on US forecasters predict ‘near-normal’ Atlantic hurricane season with two-four major storms
Highlights Outlook sees up to 15 named storms, eight hurricanes Rising US oil, gas exports add to energy sector risks Demand destruction remains top power concern Washington — The US National Oceanic and Atmospheric Administration predicts four to eight hurricanes will develop during this year’s Atlantic hurricane season, including two to four major storms with Read More

Sunworks Celebrates Completion of 1.4 MW Solar Project

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ROSEVILLE, Calif., May 23, 2019 (GLOBE NEWSWIRE) — Sunworks, Inc. (NASDAQ: SUNW), a leading provider of solar power solutions for agriculture, commercial, industrial (ACI), public works and residential markets today celebrated the completion of a 1.4 MW solar power project encompassing nine Los Altos School District (LASD) campuses. Sunworks was contracted by ForeFront Power, a leading Read More

Powered by nature: Norwegian cruise operator signs rotten fish biogas deal

2 days ago DieselGasoil Comments Off on Powered by nature: Norwegian cruise operator signs rotten fish biogas deal
OSLO (Reuters) – Norwegian cruise ship operator Hurtigruten has signed a 7.5-year deal to buy liquefied biogas (LBG) made from dead fish and other organic waste to help power its vessels, the firm said on Thursday. Under the contract with Biokraft, Hurtigruten ships will start receiving near-daily supplies of LBG, with the first delivery taking Read More

Why pessimism on Social Security could come back to bite millennials

2 days ago DieselGasoil Comments Off on Why pessimism on Social Security could come back to bite millennials
CHICAGO (Reuters) – Why does the word “old” come to mind for so many of us when the topic of Social Security comes up?   FILE PHOTO: A sign is seen on the entrance to a Social Security office in New York City, U.S., July 16, 2018. REUTERS/Brendan McDermid/File Photo     Retirement benefits are the Read More

SDLP – Seadrill Partners LLC Announces First Quarter 2019 Results

2 days ago DieselGasoil Comments Off on SDLP – Seadrill Partners LLC Announces First Quarter 2019 Results
Highlights Operating revenue of $203.7 million.  Operating income of $34.9 million.  Net loss of $51.3 million Adjusted EBITDA of $109.0 million.  Cash and cash equivalents of $772.9 million. Economic utilization of 97%.  Order backlog of $755 million as of May 23, 2019. 1 cent per common unit distribution for the first quarter of 2019. Financial Read More

‘Upset’ Duterte orders Canadian trash to be returned or DUMPED in territorial waters

3 days ago DieselGasoil Comments Off on ‘Upset’ Duterte orders Canadian trash to be returned or DUMPED in territorial waters
Philippines President Rodrigo Duterte has ordered containers of trash from Canada to be shipped back. The “uncompromising” leader threatened to leave it in Canadian waters if Ottawa refuses to take it back, a spokesman has said. Speaking to reporters on Wednesday, Salvador Panelo said Duterte had been left “upset” by Ottawa’s “inordinate delay” in receiving Read More

Seizure of Caracas’s oil assets by US endangers lives of sick Venezuelan kids treated abroad – FM

4 days ago DieselGasoil Comments Off on Seizure of Caracas’s oil assets by US endangers lives of sick Venezuelan kids treated abroad – FM
Venezuela’s foreign minister has said that the freezing of some $7 billion in assets belonging to the Venezuelan oil giant PDVSA in the US made it impossible to further finance the treatment of young transplant patients abroad. The crippling US sanctions and economic embargo that has been in place for several years have already cost Read More