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Sparrows Group secures approved supplier status from Saudi Aramco

14 mins ago DieselGasoil Comments Off on Sparrows Group secures approved supplier status from Saudi Aramco
7/16/2019 ABERDEEN — Global specialist equipment and integrated engineering services company, Sparrows Group, has bolstered its position in Saudi Arabia after securing vendor approval status from the national oil company, Saudi Aramco. The approval allows recently formed local entity, Sparrows Saudi Arabia LLC, to deliver its full portfolio of services to Saudi Aramco including drilling Read More

Burgeoning family offices manage $5.9 trillion: Campden

3 hours ago DieselGasoil Comments Off on Burgeoning family offices manage $5.9 trillion: Campden
ZURICH (Reuters) – The number of family offices — companies that manage portfolios for individual families — has risen by 38% over the past two years worldwide, advisory group Campden Wealth said, with the firms overseeing assets valued at $5.9 trillion. “We estimate that there are now 7,300 single family offices worldwide, with 42% housed Read More

Erdogan hails Russian S-400 delivery, wants to ‘go much further’ and make weapons with Russia

12 hours ago DieselGasoil Comments Off on Erdogan hails Russian S-400 delivery, wants to ‘go much further’ and make weapons with Russia
Turkish President Recep Tayyip Erdogan has celebrated the arrival in Turkey of the Russian S-400 air defense system, despite the threat of US sanctions, and stated that he wishes to co-produce weapons with Russia in the future. Speaking in Ankara on Monday –on the third anniversary of a failed coup attempt against him– Erdogan promised Read More

PayPal launches international money transfer service Xoom across Europe

15 hours ago DieselGasoil Comments Off on PayPal launches international money transfer service Xoom across Europe
FILE PHOTO: The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch LONDON (Reuters) – U.S. payments company PayPal (PYPL.O) is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other countries across the continent. Xoom allows customers to transfer money Read More

India & Russia will use their national currencies for defense deals to bypass US sanctions – report

1 day ago DieselGasoil Comments Off on India & Russia will use their national currencies for defense deals to bypass US sanctions – report
Russia and one of the biggest importers of its weapons, India, have decided to use their national currencies to transfer payments for massive defense deals in order to skirt possible US sanctions, according to Bloomberg. Moscow and New Delhi have been boosting their arms trade in recent months, with Russia selling submarines, ships, tanks and Read More

Russian S-400 benefits NATO, US should do what strategic partnership entails – Erdogan

2 days ago DieselGasoil Comments Off on Russian S-400 benefits NATO, US should do what strategic partnership entails – Erdogan
Turkey’s Recep Tayyip Erdogan said NATO “should be happy” that a member state was beefing up security, even with Russia’s S-400 air defense system. He also called on Donald Trump to waive sanctions and sell Turkey fighter jets. If Turkey “will become stronger in its security area, who will also be stronger? This will strengthen Read More

Dozens die in Nepal landslides and flooding

2 days ago DieselGasoil Comments Off on Dozens die in Nepal landslides and flooding
At least 47 people have been killed by flash floods and landslides caused by monsoon rains in Nepal, the country’s home ministry has said. Another 29 are missing after being either swept away by swollen rivers or buried by mudslides since the delayed annual downpours began hitting the region on Friday, the national emergency operation Read More

Slow-moving Tropical Storm Barry poses flood threat to Louisiana, disruptions to USGC refined product exports

4 days ago DieselGasoil Comments Off on Slow-moving Tropical Storm Barry poses flood threat to Louisiana, disruptions to USGC refined product exports
Highlights Port of New Orleans at Port Condition Yankee, closed to incoming traffic Stolthaven product terminal in New Orleans shut down Down earlier, crude, product futures moving higher New York — Tropical Storm Barry is expected to make landfall Friday afternoon in eastern Louisiana, bringing the potential for extreme flooding, National Hurricane Center information showed Read More

Russia, China, Iran & Venezuela developing crypto to challenge US financial control – study

4 days ago DieselGasoil Comments Off on Russia, China, Iran & Venezuela developing crypto to challenge US financial control – study
A new report by the American Foundation for Defense of Democracies (FDD) says the US’ geopolitical adversaries are deploying blockchain technology to help avoid sanctions and counter US financial power. According to the FDD, with the increase of adoption of cryptocurrencies around the world, efforts are underway to build new systems for transferring value that Read More

New Orleans port closes, refinery shuts as Tropical Storm Barry targets Louisiana

5 days ago DieselGasoil Comments Off on New Orleans port closes, refinery shuts as Tropical Storm Barry targets Louisiana
New York — Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Port of New Orleans has been closed to incoming traffic and Phillips 66 is shutting its Alliance refinery as Louisiana prepares to weather the hit from Tropical Storm Barry. Phillips 66 spokesman Dennis Nuss said Thursday non-essential Read More