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Russia & Egypt seal $2 billion deal for supply of Su-35 fighter jets

16 hours ago DieselGasoil Comments Off on Russia & Egypt seal $2 billion deal for supply of Su-35 fighter jets
Cairo and Moscow have signed a $2 billion dollar contract for the purchase of more than 20 Russian Su-35 multi-role air-defense fighters and air-launched weapons. The deal was enacted as early as the end of 2018 with delivery expected to start in 2020-2021, according to two unnamed top executives in the Russian defense sector, as Read More

Dissident group unrelated to CIA: WaPo pitches new version of N. Korea Embassy break-in

3 days ago DieselGasoil Comments Off on Dissident group unrelated to CIA: WaPo pitches new version of N. Korea Embassy break-in
The Washington Post has reported, citing anonymous sources, that an obscure dissident group was behind a violent break-in at the North Korean Embassy in Spain, defying reports in local media that the CIA was involved. A group of 10 unidentified men stormed into the North Korean Embassy in Madrid on February 22, several days before the Read More

Dissident group unrelated to CIA: WaPo pitches new version of N.Korea embassy break-in

3 days ago DieselGasoil Comments Off on Dissident group unrelated to CIA: WaPo pitches new version of N.Korea embassy break-in
The Washington Post has reported, citing anonymous sources, that an obscure dissident group was behind a violent break-in into the North Korean embassy in Spain, defying reports in local media that the CIA was involved. A group of ten unidentified men stormed into the North Korean embassy in Madrid on February 22, several days before Read More

Airlines with buyers' remorse may use Boeing 737 MAX ban to revise orders

3 days ago DieselGasoil Comments Off on Airlines with buyers' remorse may use Boeing 737 MAX ban to revise orders
DUBLIN/SINGAPORE/MONTREAL (Reuters) – The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane. FILE PHOTO: A Southwest Airlines Co. Boeing 737 MAX 8 aircraft taxis after Read More

North Korea mulls renewing tests after ‘gangster-like’ stance by Pompeo and Bolton – Deputy FM

4 days ago DieselGasoil Comments Off on North Korea mulls renewing tests after ‘gangster-like’ stance by Pompeo and Bolton – Deputy FM
Pyongyang may freeze talks with the US and renew missile and nuclear tests after senior US officials torpedoed President Trump’s talks with Kim Jong-un in Vietnam, a top North Korean diplomat said. The Hanoi summit between US President Donald Trump and North Korean leader Kim Jong-un wrapped up ahead of schedule and with no deal, Read More

CERAWeek 2019: LNG key factor in energy transition

4 days ago DieselGasoil Comments Off on CERAWeek 2019: LNG key factor in energy transition
By CRAIG FLEMING, TECHNICAL EDITOR, WORLD OIL on 3/14/2019 HOUSTON — On the third day (Wednesday, March 13) of CERAWeek by IHS Markit, the industry’s business leaders outlined global economic trends, shifting geopolitics, emerging government policies and advances in technologies. The majority of the day’s sessions outlined how the transition will occur and to define Read More

Trump-Xi summit will not happen in March: Mnuchin

4 days ago DieselGasoil Comments Off on Trump-Xi summit will not happen in March: Mnuchin
WASHINGTON (Reuters) – A summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin said on Thursday. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies at Read More

Trump says he is in no rush to complete China trade deal

5 days ago DieselGasoil Comments Off on Trump says he is in no rush to complete China trade deal
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations. FILE PHOTO: U.S. President Donald Trump participates in an American Workforce Read More

Factbox: Boeing 737 MAX 8 groundings spread around the world

5 days ago DieselGasoil Comments Off on Factbox: Boeing 737 MAX 8 groundings spread around the world
(Reuters) – The United States on Wednesday became the latest to join the long list of countries around the globe to ground Boeing’s 737 MAX aircraft following Sunday’s deadly plane crash in Ethiopia. American civil aviation and Boeing investigators search through the debris at the scene of the Ethiopian Airlines Flight ET 302 plane crash, Read More

CIA may be behind February attack on North Korean embassy in Spain – reports

5 days ago DieselGasoil Comments Off on CIA may be behind February attack on North Korean embassy in Spain – reports
The CIA had its hand in the raid on the North Korean embassy in Spain, local media report citing investigation sources. If confirmed, the development might lead to a major spat between Spain and the US. At least two of the 10 perpetrators, who broke into the embassy, have been identified and are connected with Read More