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Oil futures rise slightly as storm impact fades

3 mins ago DieselGasoil Comments Off on Oil futures rise slightly as storm impact fades
London — 1030 GMT: Crude oil futures were trading slightly higher in late European morning Tuesday as the impact of Tropical Storm Barry subsided, while global economic uncertainty lingered. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 11:30 am London time (1030 GMT), ICE Brent September futures were Read More

Floods worsen in India’s northeast; rare rhinos in danger

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GUWAHATI, INDIA (Reuters) – Floods in northeast India worsened on Tuesday with incessant rain swelling already raging rivers, inundating villages and a rhinoceros sanctuary as 1,000 soldiers were deployed to rescue people fleeing the rising waters. Villagers are transported on a boat towards a safer place at a flooded village in Nagaon district, in the Read More

Husqvarna cools on 2019 margin after chill dents lawn mower demand

5 hours ago DieselGasoil Comments Off on Husqvarna cools on 2019 margin after chill dents lawn mower demand
STOCKHOLM (Reuters) – Husqvarna (HUSQb.ST), the world’s biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and said the dip in demand meant it would probably not achieve its margin target this year. FILE PHOTO: A sign alerts visitors about a presence of Husqvarna Read More

High and dry: Alpine resorts grapple with climate change

7 hours ago DieselGasoil Comments Off on High and dry: Alpine resorts grapple with climate change
AROSA, Switzerland (Reuters) – The prospect of searing heatwaves driving holidaymakers to cool mountains and children asking grandparents about their memories of snow is focusing minds in Alpine ski resorts on the implications of climate change. Parts of the Gurschengletscher glacier are covered with tarps in Andermatt, Switzerland July 5, 2019. REUTERS/Arnd Wiegmann With global Read More

Indonesian president warns of long dry season, potential forest fires

9 hours ago DieselGasoil Comments Off on Indonesian president warns of long dry season, potential forest fires
JAKARTA (Reuters) – Indonesian President Joko Widodo ordered ministers and regional heads to take anticipative steps to mitigate risks of crop failure and forest fire due to the El Nino dry weather phenomenon this year. Widodo said in a cabinet meeting that the dry season was expected to peak in August to September and some Read More

Most big companies fail to report role in deforestation, charity says

15 hours ago DieselGasoil Comments Off on Most big companies fail to report role in deforestation, charity says
LONDON (Reuters) – Most big companies are failing to report the damage their operations are doing to forests despite committing to lighten their footprint under wider efforts to tackle climate change, according to a report published on Tuesday. FILE PHOTO: An aerial view shows deforested land during “Operation Green Wave” conducted by agents of the Read More

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

18 hours ago DieselGasoil Comments Off on Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for July 2019. Targa Resources Partners LP announced today that the board of Read More

Oil dips as US Gulf production, refining operations return to normal

18 hours ago DieselGasoil Comments Off on Oil dips as US Gulf production, refining operations return to normal
New York — Oil futures settled lower Monday, shedding risk premiums as Hurricane Barry continued to weaken far inland and Gulf Coast oil operations began to normalize. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX August WTI closed at $59.58/b, down 63 cents, while ICE September Brent fell Read More