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‘Mercenary’ pilot captured by Libya’s Haftar forces identified as a US Air Force vet after release

6 hours ago DieselGasoil Comments Off on ‘Mercenary’ pilot captured by Libya’s Haftar forces identified as a US Air Force vet after release
A fighter jet pilot who was shot down and captured by the forces of one of Libya’s rival governments was revealed to be a US Air Force veteran. The US media identified Jamie Sponaugle after his Saudi-facilitated release. Sponaugle was captured by the Libyan National Army (LNA), the military force loyal to Gen. Khalifa Haftar, Read More

1 killed, several injured in Houthi’s drone attack on Saudi airport

3 days ago DieselGasoil Comments Off on 1 killed, several injured in Houthi’s drone attack on Saudi airport
The Houthi rebels have targeted the Abha International Airport in the southern part of Saudi Arabia, killing one person and injuring 7 others. The attack took place as US Secretary of State is on his way to the country. The Saudi-led military coalition, which announced the casualties, didn’t specify how the attack was carried out, Read More

Palestine’s ‘opportunity’ or ‘entirely wrong’? Rocky reception for dawn of $50-bn Trump Mideast plan

4 days ago DieselGasoil Comments Off on Palestine’s ‘opportunity’ or ‘entirely wrong’? Rocky reception for dawn of $50-bn Trump Mideast plan
A $50 billion plan for Palestine’s economy that hinges on peace with Israel has been revealed by Donald Trump’s son-in-law Jared Kushner. He calls it the “opportunity of the century” but a chorus of Palestinian groups disagrees. Speaking to Reuters on Saturday, Kushner dangled the multibillion proposal separately from the central –political– part of US Read More

‘Brutal condemnation of UK foreign policy’: Anti-arms sales campaigners react to Saudi arms ruling

6 days ago DieselGasoil Comments Off on ‘Brutal condemnation of UK foreign policy’: Anti-arms sales campaigners react to Saudi arms ruling
Anti-arms sales campaigners have given a damning assessment of the UK government’s arms export licensing failures, claiming “Parliament has been shown to be totally broken,” after a landmark ruling was handed down. The UK Court of Appeal ruled on Thursday that it was “irrational and unlawful” of the government to allow arms sales to Saudi Read More

Saudi Arabia responsible for ‘premediated execution’ of Khashoggi – UN

1 week ago DieselGasoil Comments Off on Saudi Arabia responsible for ‘premediated execution’ of Khashoggi – UN
Riyadh bears responsibility for the killing of journalist Jamal Khashoggi, a UN investigator said, calling for a further probe into Crown Prince Mohammed bin Salman’s role in the crime. Khashoggi was a victim of “a deliberate, premediated execution, an extrajudicial killing for which the state of Saudi Arabia is responsible,” Agnes Callamard, the UN special Read More

OPEC+ proposes mid-July meeting to settle dispute over dates

1 week ago DieselGasoil Comments Off on OPEC+ proposes mid-July meeting to settle dispute over dates
By Golnar Motevalli, Grant Smith and Salma El Wardany on 6/18/2019 TEHRAN, LONDON and CAIRO (Bloomberg) — OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts, after talks between Russia and Iran made some progress toward resolving a standoff over the date. The oil producers group, which pumps more than Read More

Oil supply to swamp demand, squeeze OPEC in 2020, IEA says

2 weeks ago DieselGasoil Comments Off on Oil supply to swamp demand, squeeze OPEC in 2020, IEA says
By Grant Smith on 6/14/2019 LONDON (Bloomberg) — Global oil supplies will increase far more than demand next year with the start of a host of new projects, putting further pressure on the OPEC cartel, the International Energy Agency said. Even though growth in world oil demand will accelerate to 1.4 MMbpd in 2020, it Read More

IMO 2020 could cause Brent price spike to $80/b by end-2019: Platts Analytics

2 weeks ago DieselGasoil Comments Off on IMO 2020 could cause Brent price spike to $80/b by end-2019: Platts Analytics
Highlights IMO sulfur cap to support sweet crudes Sees oil demand growth of 3.3% in 2019 Venezuelan sanctions to hit more output London — The oil market is likely to tighten further in the second half of the year due to further supply restraints and relatively healthy demand, with IMO 2020 potentially pushing Brent crude Read More

Saudi-led coalition confirms Houthi missile attack on Abha airport, says 20+ people injured

2 weeks ago DieselGasoil Comments Off on Saudi-led coalition confirms Houthi missile attack on Abha airport, says 20+ people injured
The Saudi-led coalition currently embroiled in Yemen’s civil war has confirmed that a missile launched by Houthi rebels, in the early hours of Wednesday, struck Saudi Arabia’s Abha International Airport, injuring 26 people. Coalition spokesman Colonel Turki al Maliki said the missile hit the airport at 2:21am local time, according to a statement cited by Read More