newszine

Russian satellites may soon become INVISIBLE from Earth

33 mins ago DieselGasoil Comments Off on Russian satellites may soon become INVISIBLE from Earth
Russia’s space agency claims to have found an unconventional way of equipping its satellites with stealth features, effectively making them hard to spot from Earth. A special wrap may be the solution, they say. Roscosmos has invented top-notch technology which involves covering satellites with a unique air-bubble wrap that scatters light, Russian media reported. The Read More

Argentina enforces fuel price caps despite warnings of oil production slowdown

12 hours ago DieselGasoil Comments Off on Argentina enforces fuel price caps despite warnings of oil production slowdown
Buenos Aires — Crude sales price falls to $40-42/b Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Caps seen a threat to Vaca Muerta development Refined products imports rise Argentina imposed a 90-day freeze on diesel (gasoil) and gasoline prices Friday, driving down domestic crude prices by around 30% Read More

Huawei to unveil its own mapping service to challenge Google Maps

19 hours ago DieselGasoil Comments Off on Huawei to unveil its own mapping service to challenge Google Maps
Shortly after launching its own operating system, HarmonyOS, to replace Google’s Android, Chinese tech giant Huawei vowed to take on Google Maps, with plans to unveil a domestically-created alternative. The move is aimed to cope with Washington’s crackdown on the company amid the simmering trade war between the US and China. In case the company Read More

Refinery news roundup: Africa launches come into focus

20 hours 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

Argentina delays price freeze as oil sector warns of hit to investment, output

2 days ago DieselGasoil Comments Off on Argentina delays price freeze as oil sector warns of hit to investment, output
Buenos Aires — Argentina’s Energy Secretariat has delayed the enforcement of a 90-day freeze on diesel (gasoil) and gasoline prices that President Mauricio Macri proposed Wednesday, a move seen as appeasing the concerns of oil companies that it could slow drilling activity and production growth. Not registered? Receive daily email alerts, subscriber notes & personalize Read More

J.C. Penney shares surge as loss halves, sales still falling

2 days ago DieselGasoil Comments Off on J.C. Penney shares surge as loss halves, sales still falling
(Reuters) – J.C. Penney Co Inc (JCP.N) posted a smaller-than-expected quarterly loss on Thursday, as the struggling department store operator’s efforts to cut costs and shutter unprofitable businesses paid off, sending its shares up 12%. FILE PHOTO: Levi’s men clothing is pictured inside a JC Penney store in Oceanside, California, U.S., July 31, 2019. REUTERS/Mike Read More

Advanced Emissions Solutions Announces Additional Refined Coal Facility Closure with Third-Party Investor

2 days ago DieselGasoil Comments Off on Advanced Emissions Solutions Announces Additional Refined Coal Facility Closure with Third-Party Investor
HIGHLANDS RANCH, Colo., Aug. 15, 2019 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today announced that Tinuum Group, LLC (“Tinuum Group”), a joint venture among the Company’s subsidiary ADA-ES, Inc., an affiliate of NexGen Resources Corporation, and an affiliate of The Goldman Sachs Group, Inc., has completed a transaction Read More

Just Energy Reports Fiscal First Quarter 2020 Results

2 days ago DieselGasoil Comments Off on Just Energy Reports Fiscal First Quarter 2020 Results
Previously Announced Strategic Review ProgressingBase EBITDA from Continuing Operations of $24.2 MillionBusiness Remains Strong with Embedded Gross Margin of $2.1 BillionCommon Share Dividend Suspended as part of Strategic ReviewWalter M. Higgins III has been appointed to the Board of Directors TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” Read More

Oil slumps more than 4% on weak global economic data, U.S. crude build

3 days ago DieselGasoil Comments Off on Oil slumps more than 4% on weak global economic data, U.S. crude build
NEW YORK (Reuters) – Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak economic data from China and Europe and an unexpected build in U.S. crude inventories. FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. REUTERS/Nick Oxford/File Photo Brent crude LCOc1 was Read More