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Martin Midstream Partners Announces Strategic Initiatives

14 hours ago DieselGasoil Comments Off on Martin Midstream Partners Announces Strategic Initiatives
KILGORE, Texas, April 24, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today strategic initiatives designed to strengthen the balance sheet by reducing leverage and allowing the Partnership to retain earnings to fund growth opportunities.  These initiatives consist of: The previously announced marketing of the Partnership’s gas storage assets. The active Read More

Saudis see no need for immediate action on oil market

21 hours ago DieselGasoil Comments Off on Saudis see no need for immediate action on oil market
By Anthony DiPaola, Matthew Martin and Yousef Gamal El-Din on 4/24/2019 DUBAI (Bloomberg) — Saudi Arabia’s energy minister said the world’s biggest oil exporter sees no need to take immediate action in the crude market, signaling a cautious response to the U.S. decision to tighten sanctions on Iran. The kingdom won’t significantly raise output in Read More

Top U.S. officials to hold trade talks in China next week

1 day ago DieselGasoil Comments Off on Top U.S. officials to hold trade talks in China next week
WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning on April 30, the White House said in a statement on Tuesday. FILE PHOTO: Chinese staffers adjust U.S. and Chinese flags before the opening session of trade negotiations between U.S. and Chinese trade representatives Read More

EBay raises forecast as redesign draws customers, boosts ad revenue

1 day ago DieselGasoil Comments Off on EBay raises forecast as redesign draws customers, boosts ad revenue
(Reuters) – EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue. FILE PHOTO: An eBay sign is seen at an office building in San Jose, California May 28, 2014. REUTERS/Beck Diefenbach The company, facing intense competition from Read More

Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers

2 days ago DieselGasoil Comments Off on Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers
(Reuters) – Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. FILE PHOTO: A Cargill logo is pictured on the Provimi Kliba and Protector animal Read More

EBRD to spend more on Polish green-energy projects this year

2 days ago DieselGasoil Comments Off on EBRD to spend more on Polish green-energy projects this year
WARSAW (Reuters) – The European Bank for Reconstruction and Development plans to increase its funding for Poland’s renewable energy this year, after the government shifted toward green energy, a top EBRD official said. FILE PHOTO: The headquarter of the European Bank for Reconstruction and Development (EBRD) is seen in London, Britain, November 22, Britain 2016. Read More

EMGS receives Letter of Award

2 days ago DieselGasoil Comments Off on EMGS receives Letter of Award
Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA (“EMGS” or the “Company”) on 28 March 2019, wherein the Company announced that it is participating in a sole-sourced tender process for a multi-year acquisition contract. EMGS is pleased to announce that the Company has now received a letter of award for Read More

Japan expects little impact from U.S. scrapping Iran oil waivers

2 days ago DieselGasoil Comments Off on Japan expects little impact from U.S. scrapping Iran oil waivers
TOKYO (Reuters) – Japan expects a limited impact from the U.S. decision not to renew waivers previously granted on Iran oil import sanctions, the country’s trade and industry minister said on Tuesday. Japan’s Minister of Trade and Industry Hiroshige Seko arrives at Prime Minister Shinzo Abe’s official residence in Tokyo, Japan, August 3, 2017. REUTERS/Toru Read More

U.S. to end all waivers on imports of Iranian oil, crude price jumps

3 days ago DieselGasoil Comments Off on U.S. to end all waivers on imports of Iranian oil, crude price jumps
WASHINGTON (Reuters) – The United States on Monday demanded that all buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran’s oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch. The Trump administration’s move on Monday not to renew exemptions Read More