Energy Update
CARACAS, Dec 27 (Reuters) - Venezuela said on Tuesday it
will cut 95,000 barrels-per-day of oil production in the New
Year in fulfilment of a producers' deal to reduce global output
and strengthen prices.
MUMBAI, Dec 27 (Reuters) - Tata Sons on Tuesday accused its
former chairman Cyrus Mistry of breaching confidentiality rules
and said it would take legal action against him, intensifying a
battle between the conglomerate and the top executive it sacked
in October.
MOSCOW, Dec 27 (Reuters) - Russian oil producer Gazprom Neft
said on Tuesday it planned to increase oil production
by 4.5-5 percent next year, less than it had intended before
Russia joined a deal to cut global production with OPEC.
Qatargas has announced the start-up of commercial operations at Laffan Refinery 2, marking the expansion of its refining capacity in Qatar.
MUMBAI, Dec 27 (Reuters) - Tata Sons on Tuesday filed a
legal notice against Cyrus Mistry, accusing the former chairman
of the Tata conglomerate of breaching confidentiality rules,
according to a letter from Tata Sons' law firm seen by Reuters.
TOKYO, Dec 27 (Reuters) - Toshiba Corp said on
Tuesday that it expects to book an impairment loss on the
acquisition of a U.S. nuclear power business by its Westinghouse
unit, a figure that could reach several billions of dollars.
MOSCOW, Dec 27 (Reuters) - Russia's second biggest oil
producer Lukoil has appointed a new vice-president for
sales and supplies after state-owned rival Rosneft
clinched several major deals at its expense, three sources told
Reuters.
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.