Energy Update

You are here

Home » Global Read

Genoil signs $50bn oil field development and production projects in Russia

Genoil has signed a $50bn letter of intent (LOI) with Grozneft to develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia.

Germany’s KIT develops chemical reactor to convert gases into renewable fuels

Germany's Karlsruhe Institute of Technology (KIT) has developed a microstructured, chemical reactor which will be a key component of a plant planned to be built in Finland to produce renewable fuels using solar power.

Sunoco, Exxon combine pipeline assets in new joint venture

HOUSTON, Nov 9 (Reuters) - Sunoco Logistics Partners
said on Wednesday it is forming a joint venture with Exxon Mobil
, giving the midstream company strategic assets near the
Dakota Access line while expanding its West Texas footprint for
the second time in less than two months.

Eletrobras seeks an advance capital installment from gov't

SAO PAULO, Nov 9 (Reuters) - Brazil's electric sector
holding company Centrais Eletricas Brasileiras SA Eletrobras
said on Wednesday it was in talks with the government
to secure an advance installment of around 900 million reais for
a planned future capital increase.

UPDATE 1-Brazil's Cosan posts quarterly profit of $102 mln

SAO PAULO, Nov 9 (Reuters) - Brazilian energy and logistics
company Cosan SA Indústria e Comércio reported a net profit of
327.5 million reais ($102 million) in the quarter that finished
in September, reversing the net loss of 17.2 million reais a
year ago.

UPDATE 2-SunPower to slash costs as pricing seen challenging in 2017

* Q3 rev of $729.3 mln vs est. of $801.7 mln

(Adds details, shares; conference call comments)

Brazil's Cosan posts quarterly profit of $102 mln

SAO PAULO, Nov 9 (Reuters) - Brazilian energy and logistics
company Cosan SA Indústria e Comércio reported a net profit of
327.5 million reais ($102 million) in the quarter that finished
in September, reversing the net loss of 17.2 million reais a
year ago.

UPDATE 1-SolarCity 3rd-qtr installations top view, costs fall

Nov 9 (Reuters) - Rooftop solar company SolarCity Corp
, which hopes to be acquired by Tesla Motors Inc
, said installations exceeded expectations in the third
quarter but would come in at the low end of the company's
forecast for the year.

Trump victory a new challenge for Dakota pipeline protestors

Nov 9 (Reuters) - The surprising victory by Native American
and environmental groups in September to delay the Dakota Access
Pipeline may turn out to be short-lived, after Donald Trump's
unexpected win in the U.S. presidential election.

UPDATE 1-Big Oil revels in Trump victory, expects less red tape

Nov 9 (Reuters) - The U.S. energy industry on Wednesday
reveled in Republican Donald Trump's presidential victory,
expecting him to advocate for more oil and gas output and to cut
red tape holding back billions of dollars of investment in new
projects.

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