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GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights

18 hours ago DieselGasoil Comments Off on GasLog Ltd. and GasLog Partners LP Announce Agreement to Eliminate Incentive Distribution Rights
Monaco, June 24, 2019 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog”, the “General Partner”, or the “GP”) (NYSE: GLOG) and GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP) announced today an agreement to eliminate the GP’s incentive distribution rights (“IDRs”) in exchange for newly issued limited partner (“LP”) units. In exchange for the IDRs, Read More

UK sends envoy to Iran over ‘concerns about its conduct’

3 days ago DieselGasoil Comments Off on UK sends envoy to Iran over ‘concerns about its conduct’
Britain is sending a minister to Iran to “raise UK and international concerns about Iran’s regional conduct”. Dr Andrew Murrison, minister of state for the Middle East, will head to the country on Sunday and demand a de-escalation of tension in the Middle East. He will also discuss worries over Iran’s threat to stop complying Read More

UK sends envoy to Iran for ‘frank’ talks amid tensions

3 days ago DieselGasoil Comments Off on UK sends envoy to Iran for ‘frank’ talks amid tensions
Britain is sending a minister to Iran to “raise UK and international concerns about Iran’s regional conduct”. Dr Andrew Murrison, minister of state for the Middle East, will head to the country tomorrow and demand a de-escalisation of tension in the Middle East. He will also discuss worries over Iran’s threat to stop complying with Read More

Iran says its airspace is fully safe and secure: Tasnim

3 days ago DieselGasoil Comments Off on Iran says its airspace is fully safe and secure: Tasnim
DUBAI (Reuters) – Iran’s Civil Aviation Organization said on Saturday the country’s airspace was safe for airlines to fly through, the semi-official Tasnim news agency reported, amid heightened tension between Tehran and Washington. “Iran-controlled airspace over the Persian Gulf and other flight routes are completely safe,” its spokesman, Reza Jafarzadeh, was quoted as saying. The Read More

Factbox: International airlines’ response to FAA on Iran airspace

3 days ago DieselGasoil Comments Off on Factbox: International airlines’ response to FAA on Iran airspace
(Reuters) – The U.S. Federal Aviation Administration (FAA) issued an emergency order on Thursday prohibiting U.S. air carriers from flying in Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman due to heightened tensions. FILE PHOTO: A British Airways aircraft takes off from Heathrow Airport in west London, Britain, February 23, 2018. REUTERS/Hannah Read More

Airlines reroute flights to avoid Iranian airspace in the Gulf

3 days ago DieselGasoil Comments Off on Airlines reroute flights to avoid Iranian airspace in the Gulf
European carriers British Airways, KLM, Lufthansa and others have rerouted their flights to avoid Iranian airspace. The FAA had banned US civilian aircraft from parts of the Gulf, after an American drone was downed by Tehran. The UK’s flagship airline, British Airways, announced that it will adhere to the guidance issued by the US Federal Read More

India looks to Russian crude as Iranian imports crash

4 days ago DieselGasoil Comments Off on India looks to Russian crude as Iranian imports crash
India and Russia continue to bolster their energy cooperation, and now India is looking at ways to establish oil shipping routes from Russia’s Far East India’s east coast. During the meeting (between India’s Oil Minister Dharmendra Pradhan with Yury Trutnev, Russia’s Deputy Prime Minister and the Russian president’s top envoy to Russia’s Far East), India and Read More

Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway

4 days ago DieselGasoil Comments Off on Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway
Highlights Most Iraqi crude exported through Basrah SOMO lacks viable alternative export routes Iraq needs stable security to court investors Iraq’s only sea coastline is just 36 miles long — a sliver of access at the northern tip of the Persian Gulf critical to the world’s fourth-largest crude producer, which exports some three-quarters of its Read More

British Airways says will follow U.S. guidance to avoid parts of Iranian airspace

4 days ago DieselGasoil Comments Off on British Airways says will follow U.S. guidance to avoid parts of Iranian airspace
FILE PHOTO: British Airways logos are seen on tailfins at Heathrow Airport in west London, Britain May 12, 2011. REUTERS/Toby Melville/Files LONDON (Reuters) – British Airways said on Friday it will adhere to guidance from the U.S. Federal Aviation Administration (FAA) to avoid parts of Iranian airspace and its flights will continue to operate using Read More

Airlines avoid parts of Iran-controlled airspace after U.S. regulator’s order

4 days ago DieselGasoil Comments Off on Airlines avoid parts of Iran-controlled airspace after U.S. regulator’s order
(Reuters) – Some global airlines are re-routing flights to avoid Iran-controlled airspace over the Strait of Hormuz and Gulf of Oman, they said on Friday, after the U.S. aviation regulator barred its carriers from the area until further notice. FILE PHOTO: A vehicle of the airport rescue and firefighting services stands in front as a Read More