newszine

TC Energy shuts oil line as flooding disrupts U.S. Gulf terminals: traders

3 hours ago DieselGasoil Comments Off on TC Energy shuts oil line as flooding disrupts U.S. Gulf terminals: traders
NEW YORK (Reuters) – TC Energy Corp’s Marketlink oil pipeline from Cushing, Oklahoma, to Nederland, Texas, was shut as flooding disrupted operations at U.S. Gulf Coast terminals, traders familiar with the matter said on Thursday. Dangerous flash floods inundated parts of southeastern Texas on Thursday as Tropical Depression Imelda dumped the last of its rains, Read More

U.S., Chinese trade deputies face off in Washington amid deep differences

17 hours ago DieselGasoil Comments Off on U.S., Chinese trade deputies face off in Washington amid deep differences
WASHINGTON (Reuters) – U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly two months as the world’s two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war. FILE PHOTO: Chinese and U.S. flags Read More

CGG: CGG Geoscience Delivers Multi-Year Integrated Study to Kuwait Gulf Oil Company Ahead of Schedule

2 days ago DieselGasoil Comments Off on CGG: CGG Geoscience Delivers Multi-Year Integrated Study to Kuwait Gulf Oil Company Ahead of Schedule
CGG Geoscience Delivers Multi-Year Integrated Study to Kuwait Gulf Oil Company Ahead of Schedule Paris, France – September 18, 2019 CGG announced today that its Geoscience division has completed, five months early, the multi-year integrated geoscience study awarded by Kuwait Gulf Oil Company (KGOC) in early 2017. The study’s main objective was to identify resource growth Read More

Russia & Iran to switch to SWIFT-free banking system

2 days ago DieselGasoil Comments Off on Russia & Iran to switch to SWIFT-free banking system
Russia and Iran will transfer payments using an alternative system to the internationally recognized SWIFT money transfer network, the governor of the Iranian central bank, Abdolnaser Hemmati, announced. Instead of SWIFT, a system that facilitates cross-border payments between 11,000 financial institutions in more than 200 countries worldwide, the two countries will use their own domestically Read More

U.S., Chinese trade deputy talks to start on Thursday

3 days ago DieselGasoil Comments Off on U.S., Chinese trade deputy talks to start on Thursday
WASHINGTON (Reuters) – Deputy-level U.S.-China trade talks are scheduled to start in Washington on Thursday, the U.S. Trade Representative’s office said, paving the way for high-level talks in October aimed at resolving a bitter, 14-month trade war. FILE PHOTO: U.S. and Chinese flags are seen before Defense Secretary James Mattis welcomes Chinese Minister of National Read More

Orthodox schism: Priests in Western Europe reject Constantinople, side with Moscow

5 days ago DieselGasoil Comments Off on Orthodox schism: Priests in Western Europe reject Constantinople, side with Moscow
Some 100 parishes of the Russian Orthodox tradition in France and other Western European nations are to become part of the Moscow Patriarchate after rejecting an order to dissolve given by Moscow’s rival Constantinople. The world of Orthodoxy is currently experiencing a tectonic change after a schism between its two leading branches, the Russian Orthodox Read More

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces All-Equity Acquisition

6 days ago DieselGasoil Comments Off on Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces All-Equity Acquisition
MIDLAND, Texas, Sept. 13, 2019 (GLOBE NEWSWIRE) — Viper Energy Partners LP (NASDAQ:VNOM) (“Viper” or the “Partnership”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced it has entered into a definitive purchase and sale agreement (“the Purchase and Sale Agreement”) to acquire certain mineral and royalty interests (“the Assets”) from Santa Elena Minerals, Read More

Citigroup stands by card strategy despite economic clouds

6 days ago DieselGasoil Comments Off on Citigroup stands by card strategy despite economic clouds
NEW YORK (Reuters) – Some Wall Street analysts have begun to question whether Citigroup Inc’s (C.N) big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly. Balance transfer envelopes are pictured in a Reuters office in New York, U.S., September 5, 2019. Picture Read More