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Billionaire investor Carl Icahn to leave New York for Florida

6 days ago DieselGasoil Comments Off on Billionaire investor Carl Icahn to leave New York for Florida
BOSTON (Reuters) – Billionaire investor Carl Icahn, a born New Yorker who has run his business from the city for decades, is moving his office, more than half of his staff and himself to Florida early next year, people familiar with the plan said on Thursday. FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview Read More

Low-cost fracking offers boon to oil producers, headaches for suppliers

6 days ago DieselGasoil Comments Off on Low-cost fracking offers boon to oil producers, headaches for suppliers
SMILEY, Texas (Reuters) – At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000. The technology, called electric fracking and powered by natural gas from EOG’s Read More

In a fracturing world, central banks still stuck together

1 week ago DieselGasoil Comments Off on In a fracturing world, central banks still stuck together
WASHINGTON/TOKYO/FRANKFURT (Reuters) – The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo Now, a new round of Read More

2019 Offshore Safety Awards winners announced

3 weeks ago DieselGasoil Comments Off on 2019 Offshore Safety Awards winners announced
8/29/2019 ABERDEEN – Safety champions of the North Sea have been recognized at the 2019 Offshore Safety Awards in Aberdeen today. The annual awards ceremony, jointly organized by OGUK and Step Change in Safety and sponsored by Total, celebrates the outstanding individuals and companies going above and beyond to improve safety across offshore operations on Read More

No ready spark seen for lagging U.S. energy shares

3 weeks ago DieselGasoil Comments Off on No ready spark seen for lagging U.S. energy shares
NEW YORK (Reuters) – There may be little relief on the horizon for investors in U.S. energy companies, whose shares moved from darlings to dismal performers during Wall Street’s record bull run and now face a shaky global economy, doubts about fossil fuel investments and general market skepticism. FILE PHOTO: Traders work on the floor Read More

Bidders show interest in new plays in US Gulf Lease Sale 253

4 weeks ago DieselGasoil Comments Off on Bidders show interest in new plays in US Gulf Lease Sale 253
Houston — Bidders in US Gulf of Mexico Lease Sale 253 on Wednesday appeared interested in what may be a new play area in that region’s midsection, suggesting a willingness to venture outside of more developed offshore areas. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Even with WTI Read More

Ackman eyes more gains for his fund with help of Berkshire, others

1 month ago DieselGasoil Comments Off on Ackman eyes more gains for his fund with help of Berkshire, others
BOSTON (Reuters) – Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering “high, long-term” returns, and he expects that a newly disclosed stake in Berkshire Hathaway Inc (BRKa.N) will help boost gains. FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, Read More

#Romanovs100 AR album wins prestigious international design Red Dot Award

1 month ago DieselGasoil Comments Off on #Romanovs100 AR album wins prestigious international design Red Dot Award
RT’s creative lab has won its first Red Dot, with an augmented reality (AR) album about the Romanov family. The international design prize is over 50 years-old and is among of the most prestigious in the creative community. This year, 24 international experts in the area of product design and communications evaluated 8,697 entries and Read More

China wants US to bear the cost of trade war by making rare earths more rare

1 month ago DieselGasoil Comments Off on China wants US to bear the cost of trade war by making rare earths more rare
China’s rare earths association has warned that the trade conflict with the US will harm American businesses and consumers, as it confirmed its readiness to weaponize the prized elements. Rare earth elements are critical for the high-tech industry in the manufacture of everything from mobile phones to modern fighter jets. The Association of China Rare Read More