Energy Update

You are here

Home » Global Read

Police confront protesters at Dakota pipeline site - Reuters witness

MANDAN, N.D., Nov 11 (Reuters) - Police confronted
protesters at a Dakota Access Pipeline construction site on
Friday, after the same protesters said they halted construction
equipment on the line.

GLOBAL LNG-Gorgon production outage, tenders lift spot prices

MILAN, Nov 11 (Reuters) - Asian spot liquefied natural gas
(LNG) prices rose this week as production at the giant Gorgon
facility in Australia was shut briefly and as scattered pockets
of demand emerged.

UPDATE 2-Germany cuts CO2 targets for industry ahead of Morocco talks

* Berlin wants to present final plan at talks next week

(Adds new material on emission trading system in paras 15-18)

Aframax freight rates in Mediterranean jump on shortage of ships

MOSCOW, Nov 11 (Reuters) - Freight rates for Aframax tankers
on Black Sea-Mediterranean and cross Mediterranean routes almost
doubled on Friday to their highest since July, driven by demand
for loadings at the end of November at a time when many
Aframaxes are storing oil at sea.

CANADA STOCKS-TSX falls as lower commodity prices pressure energy, miners

TORONTO, Nov 11 (Reuters) - Canada's main stock index fell
on Friday as lower commodity prices pressured the shares of
energy and mining companies, while financials and industrials
also lost ground.

UPDATE 1-Trump win opens way for China to take climate leadership role

WASHINGTON/BEIJING, Nov 11 (Reuters) - The election of
climate change skeptic Donald Trump as president is likely to
end the U.S. leadership role in the international fight against
global warming and may lead to the emergence of a new and
unlikely champion: China.

Nigeria proposes broad oil sector overhaul, sale of stakes in NNPC

LONDON, Nov 11 (Reuters) - Nigeria outlined a plan to
overhaul state oil company NNPC and eventually list it on the
stock exchange in a bid to modernise and streamline an industry
known for graft and mismanagement.

Thai PTT beats forecasts on lower costs, robust oil and gas performance

BANGKOK, Nov 11 (Reuters) - PTT Pcl, Thailand's
largest energy company, reported a stronger-than-expected
third-quarter net profit on Friday, boosted by a robust
performance from its gas and oil businesses, lower gas costs and
foreign exchange gains.

COLUMN-OPEC plays the chicken game while oil prices fall: Kemp

LONDON, Nov 11 (Reuters) - OPEC members are making the task
of oil market rebalancing harder by maximising their production
ahead of a ministerial conference at the end of November.

Mexico's lower house approves 2017 budget, sends it to president

MEXICO CITY, Nov 11 (Reuters) - Mexico's lower house of
Congress approved the 2017 budget early on Friday, sending the
package to Mexican President Enrique Pena Nieto for him to sign
into law.

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.

Photos