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Italy regulator gives TIM's network separation plan thumbs down

2 hours ago DieselGasoil Comments Off on Italy regulator gives TIM's network separation plan thumbs down
ROME (Reuters) – Telecom Italia (TIM) (TLIT.MI) has suffered a setback in its plan to assuage pressures for a separation of its prized network assets by placing them into a wholly owned subsidiary, as the industry regulator said it was opposed to the proposal. FILE PHOTO: Telecom Italia’s new logo of the TIM brand seen Read More

Volkswagen mulls extending diesel (gasoil) incentives across Germany

2 days ago DieselGasoil Comments Off on Volkswagen mulls extending diesel (gasoil) incentives across Germany
FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker BERLIN (Reuters) – German carmaker Volkswagen (VOWG_p.DE) is examining whether to extend trade-in incentives to owners of older vehicles in all of Germany, extending the program beyond the Read More

Russia looks to build ‘LNG Island’ to supply booming Asian market

3 days ago DieselGasoil Comments Off on Russia looks to build ‘LNG Island’ to supply booming Asian market
Russia’s largest LNG (liquefied natural gas) producer is looking to boost supply to the fast growing Asian markets by upgrading its facilities in the Far East. While Russia’s gas giant Gazprom is working to complete the Power of Siberia gas pipeline expected to begin delivering gas to China in December 2019, another Russian company — Read More

Greenbelt Resources Receives PURNOL Funding and Commences Enhancements to Production Facility and Supply Chain Logistics

5 days ago DieselGasoil Comments Off on Greenbelt Resources Receives PURNOL Funding and Commences Enhancements to Production Facility and Supply Chain Logistics
PASO ROBLES, Calif., Jan. 15, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE – Greenbelt Resources Corporation (OTC: GRCO) (Greenbelt), the developer of a sustainable ECOsystem model that transforms waste into revenue generating bioproducts including bioethanol, today announced initial funding for a licensing and exclusive distribution rights agreement from PURNOL, a California-based distribution company.  In Read More

Russia eyes island storage for Arctic LNG amid China demand boom

6 days 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

Merkel's CDU successor laments 'crusades' against diesel (gasoil)

6 days ago DieselGasoil Comments Off on Merkel's CDU successor laments 'crusades' against diesel (gasoil)
Christian Democratic Union, CDU party leader Annegret Kramp-Karrenbauer gives a statement after a Christian Social Union party meeting at “Kloster Seeon” in Seeon, Germany, January 5, 2019. REUTERS/Andreas Gebert BERLIN (Reuters) – German conservative leader Annegret Kramp-Karrenbauer on Monday accused environmental organizations of mounting “crusades” against diesel (gasoil) vehicles and said that driving bans threaten Read More

Lundin Petroleum announces increased reserves and contingent resources

6 days ago DieselGasoil Comments Off on Lundin Petroleum announces increased reserves and contingent resources
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that as at 31 December 2018, its proved plus probable net reserves (2P reserves) are 745 million barrels of oil equivalent (MMboe), its proved plus probable plus possible net reserves (3P reserves) are 901 MMboe and its best estimate net contingent resources (contingent resources) are 225 Read More

Alphabet board faces lawsuit on allegations of sexual misconduct cover-up

1 week ago DieselGasoil Comments Off on Alphabet board faces lawsuit on allegations of sexual misconduct cover-up
Google signage is seen at the Google headquarters in the Manhattan borough of New York City, New York, U.S., December 19, 2018. REUTERS/Shannon Stapleton SAN FRANCISCO (Reuters) – A shareholder’s lawsuit filed on Thursday said the board of Google parent Alphabet Inc played a direct role in covering up sexual misconduct claims against two top Read More

Pemex's New York roadshow spooks investors, yields spike

1 week ago DieselGasoil Comments Off on Pemex's New York roadshow spooks investors, yields spike
MEXICO CITY (Reuters) – Yields on the debt of Mexican state-run oil company Pemex rose sharply this week after the company failed during presentations in New York to lay out a clear plan to reduce debt and increase output, analysts said. FILE PHOTO: A digital LED price sign of state-owned company Petroleos Mexicanos (PEMEX) shows Read More