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NATO experts ‘adopt new strategy,’ says Stoltenberg & points finger at ‘Russia threat’… again

21 hours ago DieselGasoil Comments Off on NATO experts ‘adopt new strategy,’ says Stoltenberg & points finger at ‘Russia threat’… again
NATO ‘experts’ have developed an updated strategy, the bloc’s chief Jens Stoltenberg revealed. And one doesn’t have to look for long for an explanation, with ‘bad Russia’ conveniently cited as a reason for the overhaul. “Our military experts have adopted a new military strategy for the alliance this week,” NATO’s Secretary General Stoltenberg told Germany’s Read More

West-backed think tanks threaten new Ukrainian president with disturbing list of ‘RED LINES’

2 days ago DieselGasoil Comments Off on West-backed think tanks threaten new Ukrainian president with disturbing list of ‘RED LINES’
When President Volodymyr Zelensky won a landslide victory in the free and undisputed April elections, most accepted that he was given a fairly strong mandate to lead Ukraine. But it seems not everyone is so democratically-minded. Particularly unmoved by the democratic process are a collection of Ukrainian ‘civil society’ groups, who have just issued a Read More

Supermajors lead the way in high impact exploration

2 days ago DieselGasoil Comments Off on Supermajors lead the way in high impact exploration
5/24/2019 ABERDEEN — The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018, limited by a lack of depth in the quality of global drilling opportunities, according to experts at research consultancy, Westwood Global Energy Group. It’s 10th annual ‘State of Exploration’ report reviewed global Read More

Trump sparks oil rally with Iran spat

2 days ago DieselGasoil Comments Off on Trump sparks oil rally with Iran spat
By Grant Smith on 5/24/2019 Photo: U.S. President Donald Trump. LONDON (Bloomberg) — Just over a week ago, crude prices were surging as attacks on Saudi Arabia’s oil tankers and pipeline network spurred fears that the Middle East was on the brink of military confrontation. In the past two days, however, oil has suffered its Read More

Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico

2 days ago DieselGasoil Comments Off on Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico
Houston, May 24, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that the systems owned by Proteus Oil Pipeline Company LLC (“Proteus”) and Endymion Oil Pipeline Company LLC (“Endymion”) increased volumes of crude oil from the startup of the Shell-operated Appomattox floating production system via the newly commissioned Mattox Pipeline (“Mattox”), Read More

Huawei shipments could fall by up to a quarter this year: analysts

2 days ago DieselGasoil Comments Off on Huawei shipments could fall by up to a quarter this year: analysts
HONG KONG/SHANGHAI (Reuters) – China’s Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said. Workers are seen near the booth of Huawei Technologies Co under construction at the venue of China International Read More

India stops purchases of Iranian oil as US waivers expire – envoy

2 days ago DieselGasoil Comments Off on India stops purchases of Iranian oil as US waivers expire – envoy
One of Iran’s key energy partners, India, has stopped importing oil from the Islamic Republic after the US waivers allowing the country to bypass sanctions expired earlier this month. That’s according to India’s Ambassador to the US, Harsh Vardhan Shringla, who said the country will comply with the US sanctions on Tehran. “We do understand Read More

U.S. Well Services Finalizes $55 Million Sale of Convertible Preferred Stock to Fund Electric Frac Fleet Expansion

2 days ago DieselGasoil Comments Off on U.S. Well Services Finalizes $55 Million Sale of Convertible Preferred Stock to Fund Electric Frac Fleet Expansion
HOUSTON, May 24, 2019 (GLOBE NEWSWIRE) — U.S. Well Services, Inc. (Nasdaq: USWS) today announced that it had finalized the $55 Million sale of newly issued Convertible Preferred Stock (or “Preferred Stock”) through a private placement with institutional investors. The financing provides further liquidity to help the Company fund ongoing growth initiatives in connection with Read More

Spectrum ASA: AGM minutes May 24th 2019

2 days ago DieselGasoil Comments Off on Spectrum ASA: AGM minutes May 24th 2019
On May 24th 2019 at 10am, the Annual General meeting was held in Spectrum ASA at the company’s premises in Oslo. All resolutions proposed were approved by the shareholders. For further information please see the minutes from the Annual General Meeting attached to this announcement (Norwegian and English). For additional information about this press release, Read More

Light PBOC touch makes once unlikely yuan at 7/$ seem possible

2 days ago DieselGasoil Comments Off on Light PBOC touch makes once unlikely yuan at 7/$ seem possible
SHANGHAI (Reuters) – As China’s yuan slips to historically weak levels against the dollar, the central bank’s atypical light touch is spurring speculation that policymakers want to be more judicious in their intervention and have no specific target for the currency. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, Read More