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Rate-cut euphoria elevates S&P 500 to record high

5 days ago DieselGasoil Comments Off on Rate-cut euphoria elevates S&P 500 to record high
(Reuters) – The S&P 500 index touched a record high on Thursday, driven Wall Street’s expectations that the Federal Reserve will cut interest rates as soon as next month to keep the U.S.-China trade war from stalling economic growth. The U.S. central bank left rates unchanged at the end of its two-day policy meeting on Read More

Advertisers, agencies and social media combine to tackle online threat

1 week ago DieselGasoil Comments Off on Advertisers, agencies and social media combine to tackle online threat
FILE PHOTO: An usher holds a baton to guide attendees towards the AGM of advertising agency WPP in London, Britain, June 13, 2018. REUTERS/Toby Melville LONDON (Reuters) – Sixteen of the world’s biggest advertisers have joined together to push platforms such as Facebook, Twitter and Google’s YouTube to do more to tackle dangerous and fake Read More

US Department of the Interior mulls issue with Hilcorp’s Liberty project spill plan

1 week ago DieselGasoil Comments Off on US Department of the Interior mulls issue with Hilcorp’s Liberty project spill plan
Anchorage, Alaska — Federal agencies are in the final stages of the regulatory approvals for Liberty, an Alaskan Beaufort Sea offshore project planned by Hilcorp Energy, but a wrinkle has developed for the oil spill contingency plan for the project, according to US Department of the Interior officials. Not registered? Receive daily email alerts, subscriber Read More

Indonesian seaweed farmers seek $140 million over oil spill in Australia

1 week ago DieselGasoil Comments Off on Indonesian seaweed farmers seek $140 million over oil spill in Australia
MELBOURNE (Reuters) – Indonesian seaweed farmers were set to seek more than A$200 million ($137 million) from Thailand’s PTT Exploration and Production in a trial starting on Monday, to cover damage they say they suffered after Australia’s worst oil spill. The class action represents more than 15,000 seaweed farmers who claim to have lost their Read More

Husky to pay $3.8 million fine for 2016 oil spill in Saskatchewan

2 weeks ago DieselGasoil Comments Off on Husky to pay $3.8 million fine for 2016 oil spill in Saskatchewan
(Reuters) – Husky Energy Inc said on Wednesday it would pay fines of $3.8 million for an oil spill in Saskatchewan in 2016. A leak was discovered in 2016 on a pipeline operated by Husky’s unit Husky Oil Operations Ltd crossing the North Saskatchewan River, caused by ground movement over time. Husky said it has Read More

Husky Accepts Fines for 2016 Saskatchewan Oil Spill

2 weeks ago DieselGasoil Comments Off on Husky Accepts Fines for 2016 Saskatchewan Oil Spill
CALGARY, Alberta, June 12, 2019 (GLOBE NEWSWIRE) — Husky entered guilty pleas today on federal and provincial charges related to a 2016 oil spill in Saskatchewan and will pay fines totaling $3.82 million. Husky subsidiary Husky Oil Operations Limited was fined $2.5 million under the federal Fisheries Act and $200,000 for a violation of the Read More

Green groups sue Trump administration for gutting offshore oil safety rules

2 weeks ago DieselGasoil Comments Off on Green groups sue Trump administration for gutting offshore oil safety rules
WASHINGTON (Reuters) – A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department’s rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP Deepwater Horizon oil spill. The lawsuit filed in a federal district court in California alleges that the agency Read More

Kim Dotcom affair: Why should we care about his possible extradition to the US?

2 weeks ago DieselGasoil Comments Off on Kim Dotcom affair: Why should we care about his possible extradition to the US?
The founder of file-sharing service Megaupload, Kim Dotcom, has entered the final appeal battle to try and challenge his extradition to the US, where he faces decades behind bars for copyright infringement charges. The appeal hearings kicked off in New Zealand’s Supreme Court on Monday. If the appeal fails, it will be up to the Read More

Interview: Neptune Energy’s Laidlaw warns UK on political instability

2 weeks ago DieselGasoil Comments Off on Interview: Neptune Energy’s Laidlaw warns UK on political instability
Highlights UK to remain heavily dependent on gas Nationalization threats create ‘jitters’ Independents stepping up as US companies exit London — The UK is set to remain heavily reliant on gas and must not let the political crisis over Brexit and talk of nationalization “spill over” and damage progress made in the upstream oil and Read More