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Samsung says new smartphone series off to strong start in India

5 days ago DieselGasoil Comments Off on Samsung says new smartphone series off to strong start in India
MUMBAI (Reuters) – Samsung Electronics has sold 5 million units of its Galaxy A series smartphones, generating sales of over $1 billion since it began selling the devices in March, a senior company executive said on Tuesday. The South Korean electronics giant is expecting the Galaxy A series of phones, priced between 5,290 rupees ($75.11) Read More

Occidental tweaks $38 billion Anadarko bid to remove shareholder vote

2 weeks ago DieselGasoil Comments Off on Occidental tweaks $38 billion Anadarko bid to remove shareholder vote
(Reuters) – Occidental Petroleum Corp increased the cash component of its $38 billion bid to acquire Anadarko Petroleum Corp on Sunday, removing a requirement for any deal to receive the approval of Occidental’s shareholders. The logo of Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in Read More

BSEE finalizes improved BOP, well control regulations

2 weeks ago DieselGasoil Comments Off on BSEE finalizes improved BOP, well control regulations
5/5/2019 PORT FOURCHON, La. — The U.S. Department of the Interior’s (DOI) Bureau of Safety and Environmental Enforcement (BSEE) released the final improved Blowout Preventer Systems and Well Control regulations. BSEE’s final Well Control Rule – as the regulation is commonly known – removes unnecessary regulatory burdens to responsible offshore development while maintaining safety and Read More

Trump administration relaxes safety rules sparked by 2010 Gulf oil spill

3 weeks ago DieselGasoil Comments Off on Trump administration relaxes safety rules sparked by 2010 Gulf oil spill
WASHINGTON (Reuters) – The Trump administration unveiled on Thursday its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S. history, raising concerns by some groups over potential risks to workers and the environment. FILE PHOTO: Read More

The debate behind Trump’s move to tighten Iran oil sanctions

3 weeks ago DieselGasoil Comments Off on The debate behind Trump’s move to tighten Iran oil sanctions
WASHINGTON (Reuters) – U.S. President Donald Trump’s unexpected decision to ban all Iranian oil purchases after May 1 – ending exemptions for eight nations – came after hawkish economic and security advisors allayed the president’s fears of an oil price hike, according to three sources familiar with the internal debate. FILE PHOTO: Oil tankers pass Read More

Etihad to offer wireless streaming, remove screens from narrow-body fleet

3 weeks ago DieselGasoil Comments Off on Etihad to offer wireless streaming, remove screens from narrow-body fleet
FILE PHOTO: A worker cleans behind Etihad airlines counters at JFK International Airport in New York, U.S., March 21, 2017. REUTERS/Lucas Jackson/File Photo DUBAI (Reuters) – Abu Dhabi’s Etihad Airways will offer wirelessly streamed movies and television shows to passengers on mainly short-haul flights as it removes entertainment screens from its Airbus A320 narrow-body fleet. Read More

Reuters corrects story on alleged deal between Rosneft and Venezuelan oil company

4 weeks ago DieselGasoil Comments Off on Reuters corrects story on alleged deal between Rosneft and Venezuelan oil company
Reuters has corrected its piece alleging a shady scheme involving Russian oil giant Rosneft helping Venezuela evade US sanctions. The news agency said it did not determine that any payments actually took place. Theexclusive story was originally published by Reuters on April 18. Based solely on undisclosed “documents and sources,” it claimed that Rosneft was Read More

Southwest removes 737 MAX jets from schedule through August 5

1 month ago DieselGasoil Comments Off on Southwest removes 737 MAX jets from schedule through August 5
FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake CHICAGO (Reuters) – Southwest Airlines Co said on Thursday it would remove its 34 Boeing Co 737 MAX jets from its flying schedule through Aug. 5, leading Read More