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1 Article
Source: CTV

'Bed-shaking explosion' at refinery in Saint John, N.B.

09-Oct-2018

An explosion at an oil refinery in Saint John, N.B., set a fire and sent thick, black smoke pouring into the air on Monday morning.

(Laura Lyall / CTV News). A fire and plume of smoke rises from an Irving Oil refinery following reports of an explosion in Saint John, N.B., on Monday, October 8, 2018. Smoke continues to pour into the sky from the Saint John refinery, Monday, Oct. 8, 2018.

3 Articles
Source: CTV

Minor injuries in Saint John, N.B., blast

Tuesday 16:21 GMT

Emergency measures officials say there were believed to be only "a couple" minor injuries from the massive oil refinery explosion that shook Saint John, N.B., this morning. Geoffrey Downey of the New Brunswick Emergency Measures Organization said none of the injuries were believed to be serious "at this point."

An explosion at an oil refinery in Saint John, N.B., set a fire and sent thick, black smoke pouring into the air on Monday morning.

3 Articles
Source: CTV

Minor injuries in Saint John, N.B., blast

Tuesday 16:21 GMT

Emergency measures officials say there were believed to be only "a couple" minor injuries from the massive oil refinery explosion that shook Saint John, N.B., this morning. Geoffrey Downey of the New Brunswick Emergency Measures Organization said none of the injuries were believed to be serious "at this point."

An explosion at an oil refinery in Saint John, N.B., set a fire and sent thick, black smoke pouring into the air on Monday morning.

1 Article
Source: Common Domain

The Hottest Oil Trade Is No Longer in Texas

Wednesday 09:57 GMT

While the Permian in Texas has become known as the most prolific oil basin in the U.S., constraints to getting crude out of the region and transporting it to market have damped enthusiasm for producers working there.

Through much of the year, regional oil prices in North Dakota have stayed stronger than in Midland, Texas, where transportation challenges at times pushed prices more than $15 below the U.S. benchmark.

1 Article
Source: Reuters

Natural gas here to stay beyond energy transition, Big Oil says

Wednesday 13:36 GMT

Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.

Still, they see oil, and specially natural gas, the least polluting fossil fuel, playing a major role throughout the decades of transition and beyond as demand for electricity and plastics grows. “Shell’s core business is, and will be for the foreseeable future, very much in oil and gas… and particularly in natural gas,” Shell Chief Executive Officer Ben van Beurden said in a speech at the Oil & Money conference.

1 Article
Source: BBC

How to build a better train toilet

Wednesday 19:08 GMT

Anyone who has ever used a British train toilet has almost certainly experienced the excruciating horror and embarrassment of the automatic door slowly rolling open for fellow passengers.

Forceful in fact that rumour has it Nasa was inspired by bullet train toilet design for the International Space Station. All seems to be in order – there’s toilet paper within easy reach and the bowl flushes with considerable power.

1 Article
Source: Common Domain

The Morning Ledger: Big Oil's Bet On Natural Gas Takes Its Time

Thursday 11:47 GMT

Executives at big oil companies are betting on natural gas as the fuel of the future — and working hard to ensure new projects deliver profits of the future, The Wall Street Journal reports.

In the short term: Natural-gas projects historically have delivered lower returns than big oil projects, leading companies and shareholders to prioritize oil developments. That is a similar timeline to Russia’s roughly $20 billion Arctic LNG-2 project, which is part-owned by France’s Total SA.

1 Article
Source: Fox News

Mount Vesuvius caused victims' heads to explode, blood to boil: study

Thursday 20:01 GMT

When Mount Vesuvius erupted, the explosion caused such extreme heat that victims' skulls exploded, their blood boiled and their muscles, flesh and brains were replaced with ash, according to a new study.

"New investigations on the victims' skeletons unearthed from the ash deposit filling 12 waterfront chambers have now revealed widespread preservation of atypical red and black mineral residues encrusting the bones, which also impregnate the ash filling the intracranial cavity and the ash-bed encasing the skeletons," the study's abstract reads. HOW ANCIENT GREEKS PREDICTED KILLER ROBOTS, DRIVERLESS CARS AND EVEN AMAZON ALEXA. The abstract continues: "The extraordinarily rare preservation of significant putative evidence of hemoprotein thermal degradation from the eruption victims strongly suggests the rapid vaporization of body fluids and soft tissues of people at death due to exposure to extreme heat."

1 Article
Source: Reuters

Data privacy rules spoiling fintech boom, says industry group

Friday 00:38 GMT

Data privacy rules in Asia are limiting the spread of financial technology, an industry body said on Thursday, calling on regulators to set out broad principles rather than precise rules.

“Governments in Asia say that they support fintech, and they want fintech firms to enter their market, but data privacy rules are a major stumbling block,” Paul Hadzewycz, senior associate at the Asian Securities Industry and Financial Markets Association (Asifma), told Reuters. In a report on Thursday, Asifma urged regulators to avoid an “exhaustive and prescriptive list” of rules and set principles that allow companies to operate “confidently across borders and enter new markets.”

1 Article
Source: Common Domain

IEA Lowers Oil-Demand Growth Forecasts

Saturday 12:40 GMT

The IEA said higher oil prices have dented consumer appetite, particularly in emerging markets, while the trade dispute between China and the U.S. threatens global economic growth with knock on effects for oil demand.

In its closely watched monthly oil-market report, the Paris-based organization lowered its oil-demand growth forecasts for 2018 and 2019 by 110,000 barrels a day to 1.3 million barrels a day and 1.4 million barrels a day, respectively.

1 Article
Source: The Guradian

First Man: Ryan Gosling's abstract Apollo mission – discuss with spoilers

Monday 10:51 GMT

Faces are shown in closeup, the camera quaking to the point of making abstract expressionist images out of the usually dreamy Ryan Gosling.

At that moment, with the amazing Justin Hurwitz score blasting behind glorious extraterrestrial imagery, is anyone interested in an IT lecture?

17 Articles
Source: DW

US, Saudi Arabia on economic collision course

Today 03:21 GMT

The United States has pledged to put economic pressure on Saudi Arabia over the Khashoggi case, while Riyadh has vowed retaliation in return.

The United States and Saudi Arabia are currently discussing the measures that can be taken if it turns out journalist Jamal Khashoggi was killed by Saudi agents while visiting the country's consulate in Istanbul earlier this month. Over the weekend, US President Donald Trump vowed "severe punishment" if it were proven that Saudi Arabia killed Khashoggi, and sent Secretary of State Mike Pompeo to the kingdom on Monday to discuss the incident.

1 Article
Source: Common Domain

Asian markets rise, driven by oil-company gains

Today 05:11 GMT

Oil explorer Inpex 1605, +3.95%    was up 3.6% and oil distributor Idemitsu Kosan 5019, +2.19%   rose 1.7% after crude oil gains overnight due to Saudi supply concerns.

Banks recovered somewhat from Monday’s losses, with Australia and New Zealand Banking Group ANZ, -1.85%  , Commonwealth Bank of Australia CBA, -2.09%   and National Australia Bank NAB, -1.58%   posting gains, though off session highs.

3 Articles
Source: Common Domain

Saudi Arabia’s Economic Dreams Falter

Today 06:03 GMT

Appeared in the October 15, 2018, print edition as 'Saudi Economic Vision Falters.'. JP Morgan’s Dimon joins host of executives pulling out of Riyadh’s premier business conference

Mr. Dimon joins a host of Western executives and advisers who pulled out of Riyadh’s conference following allegations that the Saudi government ordered Mr. Khashoggi’s killing. Ford Motor Co. Chairman Bill Ford and Uber Technologies Inc. Chief Executive Dara Khosrowshahi, whose company is partly owned by Saudi Arabia, won’t attend the conference.

1 Article
Source: Global News

Investigators yet to examine Irving Oil refinery blast site, area remains ‘hot zone’

Today 08:05 GMT

A week after a fiery explosion at Canada’s largest oil refinery rocked the east side of Saint John, N.B., investigators say they have yet to examine the blast site because it remains a “hot zone.”

At least four workers received minor injuries on Oct. 8 as swirling flames and black smoke rose into the sky above the sprawling Irving Oil refinery, which produces more than 320,000 barrels of refined products every day.


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