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Osram advises investors to accept $4.8 billion offer from AMS

2 days ago DieselGasoil Comments Off on Osram advises investors to accept $4.8 billion offer from AMS
VIENNA (Reuters) – German lighting group Osram (OSRn.DE) advised its shareholders on Monday to accept a 4.3 billion euro ($4.8 billion) takeover bid from AMS (AMS.S) (AMS.VI) and sell their shares to the Austrian sensor specialist, saying the offer was economically attractive. FILE PHOTO: The logo of German lighting manufacturer Osram is seen behind light Read More

ADNOC CEO, Russian energy minister meet to explore collaboration potential

6 days ago DieselGasoil Comments Off on ADNOC CEO, Russian energy minister meet to explore collaboration potential
9/12/2019 ABU DHABI – Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC and Alexander Novak, Minister of Energy of the Russian Federation met to explore potential opportunities for collaboration as ADNOC seeks to expand its strategic partnership and investment base across its entire value chain. Minister Novak Tours ADNOC’s Read More

Crude oil futures higher on expected US crude stock draw, OPEC cuts

1 week ago DieselGasoil Comments Off on Crude oil futures higher on expected US crude stock draw, OPEC cuts
Singapore — Crude oil futures were higher during mid-morning trade in Asia Tuesday amid an expected draw in last week’s US crude inventory, while reassurance from Saudi Arabia on the ongoing supply cuts by OPEC and its allies further buoyed prices higher. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

BHP urges investors to veto resolution against coal lobbying

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MELBOURNE (Reuters) – Mining giant BHP Group Ltd urged shareholders on Thursday to vote against a resolution that would require the company to quit industry groups that lobby for policies inconsistent with the Paris climate change agreement. FILE PHOTO: Visitors to the BHP (formerly known as BHP Billiton) booth speak with representatives during the Prospectors Read More

Worldwide Survey Recognizes Apergy as Top Ranked Company in Building Customer Loyalty for Fourth Consecutive Year

2 weeks ago DieselGasoil Comments Off on Worldwide Survey Recognizes Apergy as Top Ranked Company in Building Customer Loyalty for Fourth Consecutive Year
THE WOODLANDS, Texas, Sept. 03, 2019 (GLOBE NEWSWIRE) — Apergy Corporation (“Apergy”) (NYSE: APY) was ranked first in a key measure of customer loyalty in the artificial lift industry in a worldwide survey released recently by Kimberlite Oilfield Research.  The survey also found that Apergy is the only major artificial lift company that had improved Read More

Leave room for the firetruck: Insurers help design mansions to tame disaster losses

3 weeks ago DieselGasoil Comments Off on Leave room for the firetruck: Insurers help design mansions to tame disaster losses
NEW YORK (Reuters) – Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. FILE PHOTO: Bruce Gendelman stands on the roof of his Aspen, Colorado home in next to a lightning repellant system recommended by an Read More

HRT for menopause increases breast cancer risk

3 weeks ago DieselGasoil Comments Off on HRT for menopause increases breast cancer risk
By Lucia Binding, news reporter Hormonal replacement therapy for the menopause increases the risk of breast cancer and that risk can persist for more than a decade after usage stops. Researchers from the University of Oxford analysed data from more than 100,000 women with breast cancer from 58 epidemiological studies worldwide. They concluded that Menopausal Read More

Ormat Technologies, Inc.’s Board of Directors to Call Special Meeting of Stockholders to Declassify Board

3 weeks ago DieselGasoil Comments Off on Ormat Technologies, Inc.’s Board of Directors to Call Special Meeting of Stockholders to Declassify Board
RENO, Nev., Aug. 29, 2019 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA), announced today that its Board of Directors will call a special meeting on November 6, 2019 to submit to a stockholder vote amendments to the Company’s Certificate of Incorporation and By-laws to declassify the Board, from three classes of directors who serve Read More

New laws addressing Houston’s shipping bottleneck to start Sunday

3 weeks ago DieselGasoil Comments Off on New laws addressing Houston’s shipping bottleneck to start Sunday
Houston — Two new Texas laws aimed at preserving consistent two-way traffic in the Houston Ship Channel will go into effect Sunday, limiting access of larger container ships that had caused holdups for liquids tankers in the world’s second-largest petrochemical port behind Rotterdam. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Two Fed officials see no case for rate cut at this time

4 weeks ago DieselGasoil Comments Off on Two Fed officials see no case for rate cut at this time
JACKSON HOLE, Wyo. (Reuters) – Two Federal Reserve officials on Thursday said they see no need for an interest rate cut widely expected next month by markets, highlighting policymakers’ divisions over how to respond to signs of a global economic slowdown. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., Read More