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Huawei says U.S. curbs to cut smartphone unit’s revenue by over $10 billion

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HONG KONG/SHANGHAI (Reuters) – Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit’s revenue lower by about $10 billion this year. People visit a newly opened Huawei store in Xian, Shaanxi province, Read More

U.S. farmers, lawmakers dial up pressure on Trump over biofuel policy

2 days ago DieselGasoil Comments Off on U.S. farmers, lawmakers dial up pressure on Trump over biofuel policy
WASHINGTON/NEW YORK (Reuters) – The agriculture and biofuel industries and their allies in the U.S. Congress ramped up pressure on the Trump administration on Wednesday over the relief he has given oil refiners from rules requiring use of biofuels. FILE PHOTO: U.S. and Iowa state flags are seen next to a corn field in Grand Read More

Trump White House seeks to assuage farmer unrest over biofuel policy: sources

3 days ago DieselGasoil Comments Off on Trump White House seeks to assuage farmer unrest over biofuel policy: sources
NEW YORK/WASHINGTON (Reuters) – President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. FILE PHOTO: U.S. and Iowa state flags are seen next to Read More

Trump White House tries to assuage farmer unrest over biofuel policy: sources

3 days ago DieselGasoil Comments Off on Trump White House tries to assuage farmer unrest over biofuel policy: sources
NEW YORK/WASHINGTON (Reuters) – President Donald Trump’s administration has been scrambling to stem the tide of rising anger in Farm Belt states after its decision this month to allow numerous oil refiners to mix less ethanol into their gasoline, sources told Reuters on Tuesday. FILE PHOTO: U.S. and Iowa state flags are seen next to Read More

2019 World Oil Awards finalists announced

4 days ago DieselGasoil Comments Off on 2019 World Oil Awards finalists announced
8/19/2019 World Oil and Gulf Energy Information are pleased to announce the finalists for the 2019 World Oil Awards. For 18 years, these prestigious awards have recognized and honored the upstream energy industry’s leading innovators and innovations and recognized step changes in technology that have made a lasting impact. Best Completions Technology Award FloFuse – Read More

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

5 days 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

Asia stocks gain as China rates tweak lifts investor mood

5 days 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