Energy Update
Oct 31 (Reuters) - Occidental Petroleum Corp said on
Monday it paid $2 billion cash for 35,000 acres (14,164
hectares) of West Texas acreage, boosting its position in the
oil-rich Permian Basin.
Oct 31 (Reuters) - Anadarko Petroleum Corp reported
a bigger-than-expected quarterly loss, hurt by lower crude
prices, and said it expects to raise more than originally
planned through asset sales this year.
Oct 31 (Reuters) - Occidental Petroleum Corp said it
has bought producing and non-producing leasehold acreage in the
Permian Basin from private sellers and has also bought interests
in several other properties for about $2 billion in all.
DUBAI/DOHA, Oct 31 (Reuters) - Saudi Arabia appointed market
regulator Mohammed al-Jadaan as its new finance minister by
royal decree on Monday, replacing Ibrahim Alassaf, who had held
the post since 1996.
Oct 31 (Reuters) - U.S. natural gas output in the lower 48
states increased to 80.3 billion cubic feet per day in August
from 79.6 bcfd in July, the U.S. Energy Information
Administration's said in its monthly 914 production report.
LONDON, Oct 31 (Reuters) - OPEC's oil output is likely to
set another record high in October, a Reuters survey found on
Monday, as Nigerian and Libyan output partially recovered from
disruptions and Iraq boosted exports.
* China's November loadings highest since Sept 2014
* Strong year-end expected on Angola-China route
* Increase offsets other WAF-Asia declines in Nov
* Graphic: http://tmsnrt.rs/2dG0SuJ
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.