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Poland getting ready to welcome major shipments of America’s ‘freedom gas’

13 hours ago DieselGasoil Comments Off on Poland getting ready to welcome major shipments of America’s ‘freedom gas’
Poland will be ready to purchase large volumes of US liquefied natural gas (LNG) starting 2022 or 2023, the country’s state-run natural gas company PGNiG has announced. At the present time, the country is actively buying LNG from a number of countries, according to PGNiG’s Vice-President of the Management Board for Trade, Maciej Woźniak. “Since Read More

Huawei says U.S. curbs to cut smartphone unit’s revenue by over $10 billion

14 hours ago DieselGasoil Comments Off on Huawei says U.S. curbs to cut smartphone unit’s revenue by over $10 billion
HONG KONG/SHANGHAI (Reuters) – Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit’s revenue lower by about $10 billion this year. People visit a newly opened Huawei store in Xian, Shaanxi province, Read More

Indonesia’s Duri crude gets a boost from IMO 2020 demand for LSFO

15 hours ago DieselGasoil Comments Off on Indonesia’s Duri crude gets a boost from IMO 2020 demand for LSFO
Singapore — Indonesia’s Duri crude oil this month traded at strong premiums forAugust and September loading, driven up by blending requirements ahead of theIMO 2020 low sulfur marine fuel regulation, several trade sources said thisweek. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Both the August-loading and September-loading cargoes Read More

Tenaris receives $1.9 billion tubulars and services contract from ADNOC

16 hours ago DieselGasoil Comments Off on Tenaris receives $1.9 billion tubulars and services contract from ADNOC
8/23/2019 ABU DHABI – Tenaris announced that ADNOC has awarded it a long-term contract for the provision of tubulars and Rig Direct® services over the next five years, with a total value of $1.9 billion with the possibility of a two-year extension. The award forms part of an initiative by ADNOC to secure smart procurement Read More

Cap on sulphur emissions to drive global demand for LNG as shipping fuel

16 hours ago DieselGasoil Comments Off on Cap on sulphur emissions to drive global demand for LNG as shipping fuel
8/23/2019 DUBAI – Demand for LNG as a conventional source of energy in the maritime industry will continue to grow because of its technological advantages in meeting the standards and requirements in limiting the emissions of sulphur, a greenhouse gas. According to marine fuel expert Sergey Ivanov, the global sulphur cap of 0.5%, which is Read More

Huawei says impact of U.S. trade restrictions less than feared

16 hours ago DieselGasoil Comments Off on Huawei says impact of U.S. trade restrictions less than feared
People visit a newly opened Huawei store in Xian, Shaanxi province, China August 22, 2019. REUTERS/Stringer HONG KONG (Reuters) – Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had initially feared and it is “fully prepared” to live and work with U.S. Read More

Tesla in advanced talks with LG Chem on battery supply in China: source

17 hours ago DieselGasoil Comments Off on Tesla in advanced talks with LG Chem on battery supply in China: source
(Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) is in advanced talks with South Korea’s LG Chem Ltd (051910.KS) to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said. FILE PHOTO – Tesla super chargers are shown in Mojave, California, U.S. July 10, 2019. REUTERS/Mike Read More

Earth’s final frontier: Russia’s floating nuclear power plant leaves for new Arctic home

17 hours ago DieselGasoil Comments Off on Earth’s final frontier: Russia’s floating nuclear power plant leaves for new Arctic home
The world’s first floating nuclear power plant (NPP), designed and built by Russia, is set to start its trip across the Arctic to its ‘workplace’ in the Chukotka Region and will provide Russia’s remote areas with heat and energy. During a special ceremony on Friday the unique vessel, called the ‘Akademik Lomonosov,’ will leave the Read More

Malaysia’s Mahathir says linking palm oil to deforestation ‘baseless’

22 hours ago DieselGasoil Comments Off on Malaysia’s Mahathir says linking palm oil to deforestation ‘baseless’
KUALA LUMPUR (Reuters) – Malaysian Prime Minister Mahathir Mohamad on Friday said linking the production of palm oil to deforestation was “baseless, unfair and unjustified”, and that the industry has grown responsibly. FILE PHOTO – Land that has been cleared is pictured at an oil palm plantation in Johor, Malaysia February 26, 2019. REUTERS/Edgar Su Read More