Energy Update
LONDON, Jan 10 (Reuters) - India's gasoline consumption
continues to grow rapidly as an increasing number of individuals
purchase their first motorised vehicle, helping drive the
fastest growth in fuel demand in the world.
SINGAPORE, Jan 11 (Reuters) - Oil prices recovered slightly
on Wednesday from steep slides the previous day, but traders
said markets remained under pressure from signs that planned
OPEC output cuts were being poorly implemented and as supplies
from elsewhere rose.
MELBOURNE, Jan 11 (Reuters) - BHP Billiton ,
the world's biggest miner, said its chairman and chief executive
held positive talks with U.S. President-elect Donald Trump on
Tuesday.
MEXICO CITY, Jan 10 (Reuters) - Mexico's oil company, Pemex,
is struggling to supply gas stations around the northern border
city of Mexicali because of a blockade at a storage site, part
of a wave of sometimes violent protests and looting over a
gasoline price hike.
Jan 10 (Reuters) - Two U.S.-based energy executives pleaded
guilty on Tuesday to U.S. charges stemming from a scheme to
corruptly secure contracts by bribing officials from Venezuela's
state oil company PDVSA.
Jan 10 (Reuters) - A former general manager of a
Florida-based energy company and an owner of several Texas-based
energy companies pleaded guilty on Tuesday to U.S. charges
stemming from a scheme to corruptly secure contracts from
Venezuelan state oil company PDVSA.
Jan 10 (Reuters) - The U.S. Energy Information
Administration on Tuesday reduced its forecast for dry natural
gas production in 2017 to 73.78 billion cubic feet per day, up
slightly from last year but shy of the previous month's forecast
of 74.80 bcfd.
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.