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How OPEC is helping U.S. oil reach a tipping point

2 days ago DieselGasoil Comments Off on How OPEC is helping U.S. oil reach a tipping point
By Julian Lee on 1/20/2019 Photo: OPEC building. NEW YORK (Bloomberg Opinion) — The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the hearts of OPEC ministers — from the fourth quarter, America will export more oil than it imports. Read More

Exclusive: Facebook brings stricter ads rules to countries with big 2019 votes

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SAN FRANCISCO (Reuters) – Facebook Inc told Reuters on Tuesday that it would extend some of its political advertising rules and tools for curbing election interference to India, Nigeria, Ukraine and the European Union before significant votes in the next few months. FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection Read More

PG&E bond prices fall, spreads widen on bankruptcy plans

1 week ago DieselGasoil Comments Off on PG&E bond prices fall, spreads widen on bankruptcy plans
FILE PHOTO: PG&E crew work on power lines to repair damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. REUTERS/Elijah Nouvelage/File Photo NEW YORK (Reuters) – Bonds of PG&E Corp (PCG.N), owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is Read More

Saudi and Canadian cuts are leaving world hungry for heavy crude

1 week ago DieselGasoil Comments Off on Saudi and Canadian cuts are leaving world hungry for heavy crude
By Robert Tuttle and Sheela Tobben on 1/13/2019 Duvernay rig floor. Photo: Encana. CALGARY and NEW YORK (Bloomberg) — Output cuts in oil-rich Alberta and Saudi Arabia are combining to leave heavy-crude refiners from the Gulf of Mexico to Asia in a bind. While curtailments in the Canadian province have propelled local prices to their Read More

Exclusive: Trafigura refuses to hand over emails in Brazil bribery case

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SAO PAULO (Reuters) – Commodities trader Trafigura has refused a judge’s order to hand over the email archives of two former executives in Brazil who are facing corruption charges over accusations they bribed officials at state-run oil firm Petroleo Brasileiro. FILE PHOTO: Trafigura logo is pictured in the company entrance in Geneva, Switzerland March Read More

Half of all jobs will be obsolete in 15 years, warns China’s leading AI expert

2 weeks ago DieselGasoil Comments Off on Half of all jobs will be obsolete in 15 years, warns China’s leading AI expert
Almost half of all current jobs will become obsolete in just 15 years, according to one of China’s leading experts in artificial intelligence (AI). Kai-Fu Lee, a writer, venture capitalist and technology executive who has over 30 years’ experience in AI, claims the world of employment is facing a crisis “akin to that faced by Read More

Men face MORE discrimination than women according to new research

2 weeks ago DieselGasoil Comments Off on Men face MORE discrimination than women according to new research
Contrary to everything you’ve ever been told, in most developed countries men are actually more disadvantaged than women, according to new research published in one of the world’s leading scientific journals. The academics behind the new study say current ways of measuring gender inequality are “biased to highlight women’s issues” so they fail to produce Read More

Navy SEAL accused of killing teen IS prisoner

3 weeks ago DieselGasoil Comments Off on Navy SEAL accused of killing teen IS prisoner
An elite Navy SEAL veteran could be jailed for life over the alleged murder of a teenage Islamic State (IS) prisoner in his custody. Special Operations Chief Edward Gallagher is accused of killing the unarmed fighter, thought to be 15 years old, while under his care in Iraq in May 2017. He is said to Read More

Rise of Artificial Intelligence could hurt women’s careers & widen gender gap – WEF

3 weeks ago DieselGasoil Comments Off on Rise of Artificial Intelligence could hurt women’s careers & widen gender gap – WEF
The growth of jobs in emerging industries, such as IT and engineering, is set to disproportionately hurt women and the progress made in reducing pay inequality. That’s according to a new report from the World Economic Forum (WEF). It found that despite the fact the gender pay gap (the difference between average earnings for men Read More