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Russia, Poland set goal to restart oil pipeline as tensions linger

18 hours ago DieselGasoil Comments Off on Russia, Poland set goal to restart oil pipeline as tensions linger
By Maciej Martewicz and Marek Strzelecki on 5/23/2019 Photo: Druzhba pipeline, Russia. WARSAW (Bloomberg) — Although compensation for damage caused during a contamination crisis remains a sticking point, Russia and Poland said flows of clean oil through the giant Druzhba pipeline into Europe could resume within 2 1/2 weeks. Transneft PJSC, Russia’s state crude oil Read More

Musk’s leaked email shows Tesla to make record deliveries in second quarter

23 hours ago DieselGasoil Comments Off on Musk’s leaked email shows Tesla to make record deliveries in second quarter
(Reuters) – Tesla Inc is on course to deliver a record number of cars in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an internal email from Chief Executive Officer Elon Musk to staff. A Tesla Model 3 sedan, its first car aimed at Read More

Exclusive: Chile’s Codelco set for copper output hit as key mine goes underground

1 day ago DieselGasoil Comments Off on Exclusive: Chile’s Codelco set for copper output hit as key mine goes underground
SANTIAGO (Reuters) – Codelco’s giant Chuquicamata mine is set for a 40% drop in production over the next two years, an internal forecast seen by Reuters shows, pointing to the sharp challenge facing the world’s top copper miner as it scrambles to maintain output. FILE PHOTO: A dump truck carries copper ore out of Chuquicamata Read More

Change of thrones: Ukraine’s Zelensky laments Poroshenko’s ‘uncomfy’ chair, eyes ‘open space’ office

2 days ago DieselGasoil Comments Off on Change of thrones: Ukraine’s Zelensky laments Poroshenko’s ‘uncomfy’ chair, eyes ‘open space’ office
During the 2019 race, Volodymyr Zelensky relentlessly bashed how Ukraine’s former president, Petro Poroshenko, had run things. Now, the comedian-turned-president is unhappy about the way he furnished his office, and wants to move. An existing chair at Ukraine’s presidential office didn’t prove to be comfy enough for Zelensky, whether that’s due to the ergonomics, or Read More

Interim results for the period ended 31 March 2019

3 days ago DieselGasoil Comments Off on Interim results for the period ended 31 March 2019
Highlights Gross contract earnings backlog1 increased from $7.3 billion to $10.3 billion. Golar’s (“Golar” or “the Company”) total operating revenues decreased from $181.9 million in 4Q 2018 to $114.3 million in 1Q 2019. Adjusted EBITDA1 decreased from $121.2 million in 4Q 2018 to $62.9 million in 1Q 2019. After recognition of $28.4 million of unrealized Brent oil Read More

VW truck brand to invest $344 million in Brazil after Ford exit

3 days ago DieselGasoil Comments Off on VW truck brand to invest $344 million in Brazil after Ford exit
FILE PHOTO: The logo of Swedish truck maker Scania is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo SAO PAULO (Reuters) – Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an Read More

Morien Provides Update on Donkin Coal Mine

3 days ago DieselGasoil Comments Off on Morien Provides Update on Donkin Coal Mine
HALIFAX, Nova Scotia, May 21, 2019 (GLOBE NEWSWIRE) — Morien Resources Corp. (“Morien” or the “Company”) (TSXV:MOX), is pleased to announce that it has received notice from Kameron Collieries ULC (“Kameron”), the owner and operator of the Donkin Coal Mine (“Donkin” or “Mine”) in Cape Breton, Nova Scotia, that it has been granted approval by Read More

Factbox: Investments by automakers in the U.S. and China since Trump came to power

3 days ago DieselGasoil Comments Off on Factbox: Investments by automakers in the U.S. and China since Trump came to power
(Reuters) – Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs. FILE PHOTO: Imported vehicles are seen at a car dealership in Tianjin bonded zone, China January 2, 2019. REUTERS/Yilei Sun China Read More

China’s tough rhetoric leaves trade talks with U.S. in limbo

7 days ago DieselGasoil Comments Off on China’s tough rhetoric leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, U.S. officials accuse China of Read More