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Fourteen dead as gas tankers catch fire near Crimea

2 hours ago DieselGasoil Comments Off on Fourteen dead as gas tankers catch fire near Crimea
Fourteen people have died and five are missing after two gas tankers caught fire near Crimea, Russia’s transport ministry has said. The fires broke out when one vessel was transferring fuel to another in the Kerch Strait connecting the Black Sea and the Sea of Azov. Workers on both ships had to jump overboard and Read More

Ten crew members dead as gas tankers catch fire near Crimea

5 hours ago DieselGasoil Comments Off on Ten crew members dead as gas tankers catch fire near Crimea
Ten crew members have died after two gas tankers caught fire near Crimea, Russia’s transport ministry has said. The fires broke out when one vessel was transferring fuel to another in the Kerch Strait connecting the Black Sea and the Sea of Azov. Workers on both ships had to jump overboard and fourteen crew members Read More

Oil rises 1 percent on supply cuts, but economic slowdown weighs on outlook

7 days ago DieselGasoil Comments Off on Oil rises 1 percent on supply cuts, but economic slowdown weighs on outlook
SINGAPORE (Reuters) – Oil prices rose 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook capped gains. FILE PHOTO: A worker at an oil field owned by Bashneft, Bashkortostan, Russia, January 28, 2015. REUTERS/Sergei Karpukhin/File Photo – D1BEUBAWKVAB International Brent crude oil futures LCOc1 were Read More

Oil rises 1 percent on supply cuts, but gloomy economic outlook caps gains

7 days ago DieselGasoil Comments Off on Oil rises 1 percent on supply cuts, but gloomy economic outlook caps gains
SINGAPORE (Reuters) – Oil prices rose by 1 percent on Tuesday amid supply cuts by producer club OPEC and Russia, although analysts said much bigger gains were unlikely because of a darkening economic outlook capped gains. FILE PHOTO: A worker at an oil field owned by Bashneft, Bashkortostan, Russia, January 28, 2015. REUTERS/Sergei Karpukhin/File Photo Read More

Russia eyes island storage for Arctic LNG amid China demand boom

1 week ago DieselGasoil Comments Off on Russia eyes island storage for Arctic LNG amid China demand boom
By Tsuyoshi Inajima on 1/14/2019 TOKYO (Bloomberg) — Russia’s Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan’s southern island of Kyushu so it can better meet spot demand from China and cut shipping costs. Saibu Gas Co., which last month signed a preliminary deal to allow Russia’s biggest Read More

‘America must rebuild understanding of Russia’: How Integrity Initiative drafted US for new Cold War

2 weeks ago DieselGasoil Comments Off on ‘America must rebuild understanding of Russia’: How Integrity Initiative drafted US for new Cold War
Shortly after Donald Trump’s election, the UK-funded covert influence group proposed opening a new office in the US to train “younger generation of Russia watchers” and “strengthen” American role in countering Moscow, leaks show. The latest tranche of documents, anonymously uploaded online last week, include an outline for “developing a US arm of Integrity Read More

Iranian warships in US’ backyard? Tehran to deploy navy to western Atlantic – commander

2 weeks ago DieselGasoil Comments Off on Iranian warships in US’ backyard? Tehran to deploy navy to western Atlantic – commander
Iran will send warships to the western Atlantic Ocean starting in March, a move likely designed to counter US aircraft carriers stationed in the Persian Gulf. The ambitious deployment was announced by a top Iranian naval commander on Friday, and comes several weeks after the Pentagon sent an aircraft carrier strike group to the Persian Read More

Amid export boom, U.S. still imports natural gas from Russia

3 weeks ago DieselGasoil Comments Off on Amid export boom, U.S. still imports natural gas from Russia
By Naureen S. Malik on 12/28/2018 NEW YORK (Bloomberg) — The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting imports of the fuel, including a shipment of Russian gas likely headed for Massachusetts. Pipeline constraints, depleted stockpiles and a 98-year-old law barring foreign ships from moving goods Read More

Special Report: Oil output goes AWOL in Venezuela as soldiers run PDVSA

4 weeks ago DieselGasoil Comments Off on Special Report: Oil output goes AWOL in Venezuela as soldiers run PDVSA
CARACAS (Reuters) – Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in a conference room at the headquarters of Petroleos de Venezuela SA, or PDVSA. The career military officer, who for the past year has been boss at the troubled state-owned oil Read More