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UPDATE 1-Boeing 737 MAX test pilot grappled with simulator flaws, too

October 19, 2019 admin Comments Off on UPDATE 1-Boeing 737 MAX test pilot grappled with simulator flaws, too

Such calibration problems may have contributed in some way to then-chief technical pilot Mark Forkner’s observations and conclusions about MCAS’ behavior, the former pilot, and a second former Boeing engineering employee, Rick Ludtke, said. The messages, first reported by Reuters, appear to be the first publicly known observations that MCAS behaved erratically during testing before the aircraft entered service. …read more […]

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U.S. considers extension of Chevron's Venezuela waiver with more limitations: Bloomberg

October 19, 2019 admin Comments Off on U.S. considers extension of Chevron's Venezuela waiver with more limitations: Bloomberg

The company’s future in Venezuela now depends on U.S. President Donald Trump, who must decide by Oct. 25 whether to renew a waiver allowing Chevron to keep operating in Venezuela despite U.S. sanctions on the country and its state oil company PDVSA, part of Washington’s campaign to oust socialist President Nicolas Maduro. …read more […]

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U.S. Mulls Extending Chevron’s Venezuela Waiver With More Limits

October 19, 2019 admin Comments Off on U.S. Mulls Extending Chevron’s Venezuela Waiver With More Limits

(Bloomberg) — The Trump administration is considering an extension of Chevron Corp.’s waiver to operate in Venezuela, albeit with even greater limitations, according to people familiar with the matter.The 90-day sanctions reprieve would allow Chevron to continue its role as the last major U.S. oil producer in the nation beyond the Oct. 25 expiration date. Still, the Treasury Department wants to advance its “maximum pressure strategy” to further limit Venezuela’s crude production, the people said.One of the people, all of whom were granted anonymity to discuss the deliberations, said on Friday evening that the decision making process was in its …read more […]