Energy Update
German Chancellor Angela Merkel, fresh from taking over the presidency of the Group of 20 nations, plans to use her leverage to challenge Donald Trump’s skepticism about the value of renewable energy by pointing out where it’s a viable business.
Dec 2 (Reuters) - Wells Fargo & Co said it would "be
pleased" to meet with tribal elders from the Standing Rock Sioux
tribe before year-end to discuss the U.S. bank's investment in
the Dakota Access Pipeline, the company told the tribe in a
letter dated Thursday.
NEW YORK, Dec 2 (Reuters) - Delta Air Lines Inc is
preparing to market gasoline from a refinery it owns outside
Philadelphia, signaling a shift in strategy toward managing the
plant as a commercial refiner rather than a dedicated jet fuel
supplier.
LUANDA, Dec 2 (Reuters) - Angolan President Jose Eduardo dos
Santos, who has been in power since 1979 and is one of Africa's
longest-ruling leaders, will not stand for re-election at
national polls due to be held next year, a ruling party document
showed on Friday.
(Adds Permian rigs in paragraph 4)
Dec 2 (Reuters) - U.S. energy companies extended their
recovery in oil drilling into a seventh month this week as they
follow through on plans to add rigs as crude rose to its highest
price in over a year.
Drillers added three oil rigs in the week to Dec. 2,
bringing the total count up to 477, the most since January, but
still below the 545 rigs seen a year ago, energy services firm
Dec 2 (Reuters) - U.S. energy companies extended their
recovery in oil drilling into a seventh month this week as they
follow through on plans to add rigs as crude rose to its highest
price in over a year.
Drillers added three oil rigs in the week to Dec. 2,
bringing the total count up to 477, the most since January, but
still below the 545 rigs seen a year ago, energy services firm
Baker Hughes Inc said on Friday.
S&P Global Platts stages many steel conferences and forums around the world, but regardless of the location China is invariably the dominating topic.
SAO PAULO, Dec 2 (Reuters) - Shares in Braskem SA soared 10
percent in their biggest intraday gain in more than two months
on Friday after Latin America's largest petrochemical firm said
it is in advanced talks with authorities in Brazil and the
United States for a leniency agreement related to a massive
corruption scandal.
JUBA, Dec 2 (Reuters) - South Sudan's parliament passed a
38-billion-pound budget on Friday but about 40 percent of that
is unfunded and the government will ask foreign donors for the
money, the finance minister said.
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.