Energy Update

You are here

Home » Global Read

ConocoPhillips posts smaller Q3 loss on cost, production cuts

Oct 27 (Reuters) - U.S. oil producer ConocoPhillips
reported a smaller quarterly loss as it cut production and
operating expenses.

French parliament rejects new palm oil tax proposal

PARIS, Oct 27 (Reuters) - France's National Assembly on
Thursday rejected the latest move to introduce an additional
levy on palm oil, the widely used food and cosmetics ingredient
that has been blamed for encouraging deforestation and posing
health concerns.

Refiner Marathon Petroleum reports 84.7 pct fall in profit

Oct 27 (Reuters) - Marathon Petroleum Corp reported
an 84.7 percent drop in quarterly profit, partly hurt by lower
refining margins.

UPDATE 6-Oil up over $50, US inventory drop balances OPEC doubts

* Violent protests spread in Venezuela

(Updates prices, adds analyst quote para 7)

What Would It Mean for Los Angeles to Go 100 Percent Renewable?

The Los Angeles City Council recently passed a unanimous resolution requiring Los Angeles Department of Water and Power to study how the city can achieve a 100 percent clean energy future.

SocGen to stop financing coal-fired power plants from January

PARIS, Oct 27 (Reuters) - Societe Generale will
quit financing coal-powered electricity plants from January and
increase its support for renewable energy projects, the French
bank said on Thursday.

Iran crude oil exports to hit 4-mth low in Nov -source

* Exports to Asia to hit 1.46 mln bpd; exports to Europe to
fall

Justice Delayed — New Sources of Carbon Pollution and the Clean Power Plan

Anyone following the Justice Delayed series knows I have been waiting for the other shoe to drop in the continuing saga of challenges to the Clean Power Plan. Well—it dropped.

Moody's sees Russia's 2016 budget deficit at up to 4.7 pct of GDP

MOSCOW, Oct 27 (Reuters) - Russia's budget deficit may reach
4.7 percent of gross domestic product this year if Moscow fails
to sell a state stake in oil giant Rosneft, a senior
vice president at Moody's Investor Service said on Thursday.

BUZZ-Berendsen: slumps on profit warning

** Commercial laundry company Berendsen -15%, and
among the worst performing UK midcaps, after a profit warning
puts stock on track for one of its worst days on record

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