Energy Update
LONDON, Nov 16 (Reuters) - Rolls-Royce, the British
jet engine maker, said it would deliver costs savings at the top
end of its 150 million pounds ($187 million) to 200 million
pounds target as it restructures to become more efficient.
MOSCOW, Nov 16 (Reuters) - Other suspects may appear in a
criminal case in which investigators have charged Russia's
former economy minister Alexei Ulyukayev with extorting a $2
million bribe, unnamed sources told Russian news agencies on
Wednesday.
SHANGHAI, Nov 16 (Reuters) - Privately owned Hartree Capital
is setting up a commodities trading joint venture in China with
Wanxiang Resources, owned by the world's largest auto parts
maker, as it pushes to expand into the country's mammoth markets
for industrial materials, a person familiar with the matter
said.
Mexico’s emerging ethanol industry has been a hot topic for US ethanol producers and exporters over 2016, as draft legislation in the country put it front and center in a growing discussion about global ethanol markets.
(Wed, 16 Nov 2016) Working natural gas in storage reached a record high of 4,017 billion cubic feet (Bcf) as of November 4, according to EIAâs latest Weekly Natural Gas Storage Report. Inventories have been relatively high throughout the year, surpassing previous five-year highs in 48 of the past 52 weeks.
LAUNCESTON, Australia, Nov 16 (Reuters) - There are two ways
of looking at Rio Tinto's decision to close one of its major
iron ore mines over the Christmas period: to take the company's
explanation of operational reasons at face value or to see the
move as part of a wider strategy.
MELBOURNE, Nov 16 (Reuters) - Australian private equity firm
EMR Capital has raised $860 million for its second fund, as it
looks for more investments in copper, gold, potash and coking
coal, the firm said on Wednesday.
LONDON, Nov 15 (Reuters) - Hedge funds have tempered their
earlier bullishness towards U.S. natural gas and heating oil as
unusually warm weather has persisted nearer to the heart of the
winter heating season.
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.