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India annuls Israeli missile deal in favor of domestic alternative… again?

5 hours ago DieselGasoil Comments Off on India annuls Israeli missile deal in favor of domestic alternative… again?
India has reportedly canceled its $500 million contract for Israeli anti-tank missiles after the country’s defense manufacturing sector conducted successful tests and promised to deliver an indigenous alternative within two years. Following a series of successful trials of the man-portable anti-tank guided missile (MPATGM) by the Defense Research and Development Organization (DRDO), India has notified Read More

Russian frigate arrives in Cuba under watchful eye of US Navy (PHOTOS)

11 hours ago DieselGasoil Comments Off on Russian frigate arrives in Cuba under watchful eye of US Navy (PHOTOS)
A Russian Navy frigate armed with cruise missiles has arrived in Havana Harbor for an official visit. As Russian seamen stretch their legs on shore, US warships idle nearby and quietly observe their counterparts. The frigate Admiral Gorshkov, armed with Kalibr missiles, left the Russian port of Severomorsk in late February for its months-long voyage, Read More

Oil prices remain ‘very fragile’ amid supply and demand concerns: Vitol

16 hours ago DieselGasoil Comments Off on Oil prices remain ‘very fragile’ amid supply and demand concerns: Vitol
Crude oil prices remain fragile because they are caught between supply and demand uncertainties arising from the political climate in the Middle East and the US-China trade dispute, Vitol Group CEO Russell Hardy said at the Asia Oil & Gas Conference on Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Read More

Trump: If it was up to John Bolton we’d be fighting WHOLE WORLD at once

2 days ago DieselGasoil Comments Off on Trump: If it was up to John Bolton we’d be fighting WHOLE WORLD at once
Donald Trump has confirmed that his top foreign policy adviser wants to embroil the US in multiple international conflicts. But the US president insists he retains final say on whether American missiles are to fly into Iran. In a sit-down Meet the Press interview broadcast Sunday, host Chuck Todd asked Trump if he was “being Read More

WATCH Russia’s newest Mi-28 helicopter test-firing secretive anti-tank weapon

2 days ago DieselGasoil Comments Off on WATCH Russia’s newest Mi-28 helicopter test-firing secretive anti-tank weapon
A latest version of the Mi-28 attack helicopter was filmed firing a state-of-the-art missile that can hit and destroy an armored target at a distance of several kilometers. The Mil Mi-28NM is now undergoing trials at a testing ground outside Russia before entering service with the Russian Air Force. As part of the test, the Read More

India’s space startups ignite investor interest

2 days ago DieselGasoil Comments Off on India’s space startups ignite investor interest
MUMBAI (Reuters) – From companies building palm-sized satellites to those aiming to propel satellites into space using cleaner fuels, a new wave of space technology startups are mushrooming in India, catching the attention of investors keen to join the space race. Bellatrix Aerospace CEO Rohan Ganapathy stands next to a vacuum chamber at their laboratory Read More

California governor proposes a $21 billion wildfire fund

3 days ago DieselGasoil Comments Off on California governor proposes a $21 billion wildfire fund
LOS ANGELES (Reuters) – California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies’ equipment or employees, an aide said on Friday. FILE PHOTO: Firefighters keep watch on the Thomas wildfire in the hills and canyons outside Montecito, California, Read More

Interview: UK minnow Verus touts nimble approach in North Sea

4 days ago DieselGasoil Comments Off on Interview: UK minnow Verus touts nimble approach in North Sea
Highlights Private equity-backed players shake up industry Small teams and outsourcing contrast with Norway Verus growing with series of acquisitions London — Verus Petroleum is part of a new wave of small private equity-backed companies helping revive UK oil and gas production, aiming to stay nimble even as it builds up its uptream assets, CEO Read More

Watch Dogs at E3: We want players to find value in other people

4 days ago DieselGasoil Comments Off on Watch Dogs at E3: We want players to find value in other people
The maker of a game set in a post-Brexit London says he wants it to help players “value” people from different backgrounds. In Watch Dogs: Legion, which takes place in the “not-too-distant future”, gamers will control a group of hackers trying to take down a regime which has taken control of the UK through an Read More

Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency

4 days ago DieselGasoil Comments Off on Foxconn picks chip-unit head for chairman, as Gou seeks Taiwan presidency
TAIPEI (Reuters) – Foxconn chose chip-unit boss Liu Young-way as chairman of the world’s biggest electronics contract manufacturer to succeed Terry Gou, who is preparing to contest Taiwan’s presidential elections next year. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Read More