newszine

Washington’s Africa Strategy: ‘Our investments – good & fair, Chinese and Russian – bad & predatory’

2 days ago DieselGasoil Comments Off on Washington’s Africa Strategy: ‘Our investments – good & fair, Chinese and Russian – bad & predatory’
When the US lends money to African nations or invests into the continent, everything is fair and beneficial to all sides, but when other nations do so, it is practically colonialism 2.0, Washington’s new Africa Strategy says. US President Donald Trump’s National Security Advisor, John Bolton blasted Beijing and Moscow for pursuing “predatory practices” in Africa which “stunt Read More

Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018

3 days ago DieselGasoil Comments Off on Precision Drilling Announces Credit Facility Extension and $150 Million Total Debt Reduction in 2018
This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For important information with respect to such forward-looking information and statements and the further assumptions and risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. CALGARY, Alberta, Dec. 13, Read More

Pentagon denounces any unilateral military action in ‘their’ part of Syria as unacceptable

3 days ago DieselGasoil Comments Off on Pentagon denounces any unilateral military action in ‘their’ part of Syria as unacceptable
The US is worried that “unilateral” military action against its proxy forces might jeopardize its foothold in Syria, claiming that the Kurds are vital in the battle against IS, as Turkey vows to get rid of “separatist terrorists.” Despite major breakthroughs in the battle against Islamic State (IS, formerly ISIS/ISIL) terrorists and in the ongoing Read More

China's Tencent Music debut strikes a chord with investors

3 days ago DieselGasoil Comments Off on China's Tencent Music debut strikes a chord with investors
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment Group (TME.N) rose in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a ceremonial bell to Read More

Tencent Music debut strikes a chord with investors

3 days ago DieselGasoil Comments Off on Tencent Music debut strikes a chord with investors
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment (TME.N) rose more than 13 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a Read More

China's Tencent Music jumps 11 percent in U.S. debut

3 days ago DieselGasoil Comments Off on China's Tencent Music jumps 11 percent in U.S. debut
(Reuters) – Shares of China-based music streaming company Tencent Music Entertainment (TME.N) rose about 11 percent in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a piece of the fast-growing music streaming industry. Cussion Kar Shun Pang, CEO of Tencent Music Entertainment with the company’s leadership team rings a ceremonial Read More

Oil rises after report shows large crude-stockpile drop

4 days ago DieselGasoil Comments Off on Oil rises after report shows large crude-stockpile drop
By Catherine Ngai and Alex Longley on 12/11/2018 NEW YORK and LONDON (Bloomberg) — Oil edged higher after a U.S. industry report signaled a bigger-than-expected draw in crude inventories last week. Futures rose above $52/bbl in New York. The industry-funded American Petroleum Institute was said to report U.S. crude supplies fell 10.2 MMbbl last week, Read More

Conservation groups sue Trump administration over Atlantic oil testing

4 days ago DieselGasoil Comments Off on Conservation groups sue Trump administration over Atlantic oil testing
CHARLESTON, S.C. (Reuters) – Environmental groups opposed to offshore drilling sued the federal government on Tuesday to prevent future seismic tests for oil and gas deposits in Atlantic waters off the U.S. East Coast. South Carolina coastal resident Phil Frandino, holds a sign at the Charleston announcement of a lawsuit against the Trump administration to Read More

Katowice COP24 Notebook: ministers asked to stand up against climate change

4 days ago DieselGasoil Comments Off on Katowice COP24 Notebook: ministers asked to stand up against climate change
KATOWICE, Poland (Reuters) – Talks billed as the most important U.N. conference since the Paris 2015 deal on climate change are in their crucial final week in Katowice, capital of Poland’s Silesian coal mining district. The aim is to meet an end-of-year deadline for agreeing a rule book on how to enforce action to limit Read More

Crude rises as supplies reduced by OPEC+

5 days ago DieselGasoil Comments Off on Crude rises as supplies reduced by OPEC+
By Alex Longley and Sharon Cho on 12/11/2018 LONDON and SINGAPORE (Bloomberg) — Oil rose on renewed optimism that production cuts announced by the OPEC+ coalition will re-balance the market, while Libya’s biggest field remained shut and risky assets globally rallied.  Futures in New York gained as much as 1.7% after slumping 3.1% Monday amid Read More