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Apophis asteroid could strike Earth in 2068, warn Russian scientists

32 mins ago DieselGasoil Comments Off on Apophis asteroid could strike Earth in 2068, warn Russian scientists
The ominously-named Apophis asteroid could have hundreds of opportunities to hit the Earth over the course of the next century, Russian scientists have warned. Named after the Ancient Egyptian god of evil, darkness and destruction, Apophis 99942 is expected to come within 37,600km (23,363 miles) of the Earth, just a tenth of the distance between Read More

State Department says may ask Trump to scrap another Obama climate order

32 mins ago DieselGasoil Comments Off on State Department says may ask Trump to scrap another Obama climate order
(This January 17 story fixes attribution in 8th paragraph to GAO’s David Gootnick instead of anonymous GAO official) FILE PHOTO: The remains of a dead tree are pictured at the almost empty Maria Cristina water reservoir during a severe drought near Castellon, Spain, September 14, 2018. REUTERS/Heino Kalis/File Photo By Timothy Gardner WASHINGTON (Reuters) – Read More

Wall Street rally builds on trade optimism

1 hour ago DieselGasoil Comments Off on Wall Street rally builds on trade optimism
(Reuters) – Technology and industrial stocks powered Wall Street’s rise on Friday, setting the three main indexes on track for their fourth week of gains, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in Read More

Industrials power Wall Street higher on trade optimism

2 hours ago DieselGasoil Comments Off on Industrials power Wall Street higher on trade optimism
(Reuters) – Gains in technology and industrial stocks put Wall Street on track for their fourth week of gains on Friday, amid growing optimism that the United States and China would resolve their bitter trade dispute. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January Read More

Stocks, dollar up on trade hopes; Wall Street set for fourth week gains

2 hours ago DieselGasoil Comments Off on Stocks, dollar up on trade hopes; Wall Street set for fourth week gains
NEW YORK (Reuters) – Major stock indexes rose worldwide on Friday and the dollar was on track for its first positive week this year, boosted by optimism that the trade conflict between the United States and China may come to an end. FILE PHOTO: Traders work on the floor of the New York Stock Exchange Read More

Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.

2 hours ago DieselGasoil Comments Off on Buckeye Partners, L.P. Announces Closing of Sale of Its Equity Interest In VTTI B.V.
HOUSTON, Jan. 18, 2019 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE: BPL) announced today that it completed the sale of its equity interest in VTTI B.V. (“VTTI”) to Vitol Investment Partnership II Ltd and IFM Investors for cash proceeds of $975 million.  The proceeds from the sale will be used to pay down debt. Read More

Tesla cuts jobs as it looks to make Model 3 more affordable

3 hours ago DieselGasoil Comments Off on Tesla cuts jobs as it looks to make Model 3 more affordable
(Reuters) – Tesla Inc said on Friday it would cut thousands of jobs to rein in costs as it plans to increase production of lower-priced versions of its crucial Model 3 sedan, sending its shares down as much as 10 percent. The company, which has struggled to achieve long-term profitability and keep a tight lid Read More

A.J. Gallagher’s 'clean coal' business draws ire of green investors

5 hours ago DieselGasoil Comments Off on A.J. Gallagher’s 'clean coal' business draws ire of green investors
BOSTON (Reuters) – Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business in “clean coal”. FILE PHOTO: A view of Duke Energyís Marshall Power Plant in Sherrills Ford, North Carolina, U.S., November 29, 2018. REUTERS/Chris Keane/File Read More

U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

5 hours ago DieselGasoil Comments Off on U.S. crude gains, slowing global economy challenge oil market in 2019: IEA
FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo LONDON (Reuters) – U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure Read More

IEA sees oil demand growth defying economic slowdown

5 hours ago DieselGasoil Comments Off on IEA sees oil demand growth defying economic slowdown
By Grant Smith on 1/18/2019 LONDON (Bloomberg) — Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the International Energy Agency.  “We have seen prices fall very significantly since the peak at the beginning of October, and Read More