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Duterte threatens to ‘declare war’ on Canada over long-running trash dispute

16 hours ago DieselGasoil Comments Off on Duterte threatens to ‘declare war’ on Canada over long-running trash dispute
Philippines President Rodrigo Duterte has threatened to declare war with Canada amid a long-standing diplomatic dispute between the two nations over Canadian waste that was illegally dumped in his country five years ago. “I want a boat prepared. I’ll give a warning to Canada maybe next week that they better pull that thing out or Read More

Iran says ready for U.S. waivers end, as Guards threaten to shut Hormuz

2 days ago DieselGasoil Comments Off on Iran says ready for U.S. waivers end, as Guards threaten to shut Hormuz
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo DUBAI (Reuters) – Tehran is prepared for a U.S. decision to end waivers granted to buyers of Iranian crude, an Iranian oil ministry source said Read More

Iran threatens to close Strait of Hormuz, vital to oil shipments, if waivers end

2 days ago DieselGasoil Comments Off on Iran threatens to close Strait of Hormuz, vital to oil shipments, if waivers end
By Arsalan Shahla and Ladane Nasseri on 4/22/2019 Strait of Hormuz. Photo: Britannica. DUBAI (Bloomberg) — Iran will close the Strait of Hormuz, a waterway vital for global oil shipments, if the country is prevented from using it, a senior military official said on Monday in what appears to be a response to the U.S. Read More

U.S. will fail to cut Iran oil exports to zero -ministry source to Tasnim agency

2 days ago DieselGasoil Comments Off on U.S. will fail to cut Iran oil exports to zero -ministry source to Tasnim agency
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File Photo DUBAI (Reuters) – The United States will fail to cut Iranian oil exports to zero, as Iran is ready for any U.S. decision to end Read More

Crude mood: Oil prices soar as US set to sanction countries buying Iranian crude

2 days ago DieselGasoil Comments Off on Crude mood: Oil prices soar as US set to sanction countries buying Iranian crude
The Trump administration is expected to announce on Monday that all countries will soon have to stop buying Iranian oil or be subject to US sanctions. Crude prices jumped to their highest level for 2019 so far. Sources told the Associated Press that Secretary of State Mike Pompeo will announce that sanction waivers won’t be Read More

China’s newest oil hotspot is in America’s backyard

5 days ago DieselGasoil Comments Off on China’s newest oil hotspot is in America’s backyard
China is ramping up its oil drilling initiative in Cuban waters, using cutting-edge technology to reach deposits that Cubans couldn’t touch. Chinese state-run news agency Xinhua said on Tuesday that an affiliate of Chinese oil major CNPC, Great Wall Drilling, was drilling for oil off Cuba’s coast as part of a joint venture with state-owned oil firm Read More

Russia strikes back at Ukrainian sanctions with export ban on oil & petroleum products

6 days ago DieselGasoil Comments Off on Russia strikes back at Ukrainian sanctions with export ban on oil & petroleum products
Russia has banned exports of oil and petroleum products among other goods to Ukraine, as well as blacklisting certain imports from the country in response to Kiev’s sanctions against Moscow. Apart from oil, the expanded restrictions on specific Ukrainian goods include engineering products, consumer goods, and metal products, worth almost US$250 million as of 2018, Read More

Russia strikes back at Ukrainian sanctions with export ban on oil & petroleum products

6 days ago DieselGasoil Comments Off on Russia strikes back at Ukrainian sanctions with export ban on oil & petroleum products
Russia has banned exports of oil and petroleum products among other goods to Ukraine, as well as blacklisting certain imports from the country in response to Kiev’s sanctions against Moscow. Apart from oil, the expanded restrictions on specific Ukrainian goods include engineering products, consumer goods, and metal products, worth almost US$250 million as of 2018, Read More