newszine

Industry looks to Gulf of Mexico Lease Sale 253 for signs of offshore resurgence

11 hours ago DieselGasoil Comments Off on Industry looks to Gulf of Mexico Lease Sale 253 for signs of offshore resurgence
Highlights Total 2019 sales should exceed 2018 totals: BOEM Recent operators’ optimism for US Gulf remains high Crude holding above $50/b breakeven Houston — The oil and gas industry will be closely watching this week’s US Gulf of Mexico lease sale to determine if lower oil prices will slow the renewed optimism in offshore projects, Read More

Canary Islands wildfire prompts 9,000 evacuations; reaches park

14 hours ago DieselGasoil Comments Off on Canary Islands wildfire prompts 9,000 evacuations; reaches park
Flames and smoke from a forest fire are seen in the village of Moya, in the Canary Island of Gran Canaria, Spain, August 18, 2019. REUTERS/Borja Suarez TEJEDA, Spain (Reuters) – An out-of-control wildfire on Gran Canaria in Spain’s Canary Islands kept spreading on Monday, increasing to 9,000 the number of people evacuated from eight Read More

Refinery news roundup: Autumn turnarounds set to start in Europe

20 hours ago DieselGasoil Comments Off on Refinery news roundup: Autumn turnarounds set to start in Europe
London — Planned refinery turnarounds in Europe have been building up, with several sites planning works in September. Meanwhile, news has focused on quarterly results. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total said that its H1 and Q2 refinery runs were down as a result of “the Read More

Certarus Ltd. Announces Execution of a Flare Gas Capture Agreement With a Multi-National American Energy Supermajor for Its Electric Completions Program

20 hours ago DieselGasoil Comments Off on Certarus Ltd. Announces Execution of a Flare Gas Capture Agreement With a Multi-National American Energy Supermajor for Its Electric Completions Program
HOUSTON, Aug. 19, 2019 (GLOBE NEWSWIRE) — Certarus Ltd. (“Certarus” or the “Corporation”) is pleased to announce that it has entered into a flare gas capture and compressed natural gas supply agreement with a Multi-National American Energy Supermajor (“Supermajor”) to service its electric hydraulic fracturing operations in the Delaware and Midland basins. This is the Read More

Iran warns US against recapturing oil tanker as it leaves Gibraltar

23 hours ago DieselGasoil Comments Off on Iran warns US against recapturing oil tanker as it leaves Gibraltar
An Iranian oil tanker detained off Gibraltar early last month left the British territory and was headed through the Mediterranean towards Greece on Monday. Tehran warned any attempt by the US to seize the Adrian Darya 1 again would be met with “heavy consequences”. The vessel, previously known as the Grace 1, left anchorage off Read More

Asia stocks advance as China’s rates tweak improves investor mood

1 day ago DieselGasoil Comments Off on Asia stocks advance as China’s rates tweak improves investor mood
TOKYO (Reuters) – Asian stocks rode a Wall Street rally on Monday and were also cheered by a decision from China’s central bank to alter the way it sets a key interest rate benchmark, a move seen by analysts as reducing borrowing costs for companies. FILE PHOTO: A woman points to an electronic board showing Read More

Protesters set fire to town hall amid chaos in Indonesia’s West Papua

1 day ago DieselGasoil Comments Off on Protesters set fire to town hall amid chaos in Indonesia’s West Papua
Protests sweeping Indonesia’s West Papua province have plunged its capital into chaos, with angry demonstrators setting the local parliament alight. Violence erupted after Indonesian police arrested dozens of local students. A video has been circulating on social media, purporting to show the building, which houses a regional parliament in West Papua’s provincial capital of Manokwari, Read More

Asian gasoline lends support to light ends while naphtha, LPG sag on oversupply

1 day ago DieselGasoil Comments Off on Asian gasoline lends support to light ends while naphtha, LPG sag on oversupply
Singapore — The light ends market in Asia is showing a mixed picture, with gasoline’s strength expected to continue into September on surging regional demand and refinery turnarounds, while naphtha makes a slow start to the seasonal Q4 demand peak amid volatile crude oil prices, market sources said Friday. Not registered? Receive daily email alerts, Read More

Asian regrade widens as China demand drives up gasoil, jet exits peak season

1 day ago DieselGasoil Comments Off on Asian regrade widens as China demand drives up gasoil, jet exits peak season
Singapore — Asian gasoil is poised to stay in the bull market throughout August with Chinese demand rising against tightening supply, while co-distillate jet fuel/kerosene is transitioning out of the peak summer travel demand season, leading to a widening of the regrade. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Asia stocks gain as China rates tweak lifts investor mood

1 day ago DieselGasoil Comments Off on Asia stocks gain as China rates tweak lifts investor mood
TOKYO (Reuters) – Asian stocks tracked the Wall Street rally on Monday and found an extra tailwind from a move by China’s central bank to change the way a key interest rate benchmark is set, seen by analysts as reducing borrowing costs for companies. FILE PHOTO: A woman points to an electronic board showing stock Read More