Energy Update

You are here

Home » Global Read

UPDATE 1-BHP Billiton's Samarco disaster head to leave company in March

* Minerals America head to oversee non-operated joint
ventures

UPDATE 1-Oil, agchem units helped BASF beat Q3 market view

LUDWIGSHAFEN, Germany, Oct 27 (Reuters) - BASF
published detailed quarterly earnings on Thursday that showed
its oil business and farming pesticides division exceeded
initial expectations by the widest margins, prompting the
chemicals group to publish group profit ahead of schedule
earlier this month.

CORRECTED-Oil, agchem units helped BASF beat Q3 market view

LUDWIGSHAFEN, Germany, Oct 27 (Reuters) - Quarterly earnings
at BASF's oil business and farming pesticides
division exceeded initial expectations by the widest margins,
prompting the chemicals group to publish group profit ahead of
schedule earlier this month, detailed results released on
Thursday showed.

UPDATE 2-China's slowing industrial profits show rising debt hampering economy

BEIJING, Oct 27 (Reuters) - Profit growth in China's
industrial firms slowed sharply as some key manufacturing
sectors stumbled on weak activity and rising debt, suggesting
the world's second-biggest economy remains underpowered despite
emerging signs of stability.

Germany votes against the internal combustion engine

Germany’s lower house of parliament, the Bundesrat, voted in October to ban the sale of cars with internal combustion engines by 2030.

COLUMN-Noisy short-term factors mask structural changes in Asia fuel markets: Russell

LAUNCESTON, Australia, Oct 27 (Reuters) - One of the
enduring features of pricing for crude oil and products is the
tug-of-war between long-term structural drivers and short-term
factors, a scenario currently being played out in Asian fuel
markets.

Low tanker rates are enabling more long-distance crude oil and petroleum product trade

(Thu, 27 Oct 2016) Recent expansion of the global crude oil and petroleum product tanker fleet has resulted in falling or lower tanker rates for much of 2016 that have widened the geographic scope for economically attractive trade at a time when inventories of both crude oil and petroleum products are at high levels.

UPDATE 1-S.Korea's S-Oil expects winter demand to support refining margins

SEOUL, Oct 27 (Reuters) - South Korea's S-Oil Corp
expects strong winter demand to support refining
margins in the fourth quarter, the country's third-largest
refiner said on Thursday.

UPDATE 1-Oil lingers below $50 over doubts OPEC can coordinate output cut

* Asian refining demand seen rising - S.Korea's S-Oil

(Adds Venezuelan riots, Asian refinery demand, updates prices)

UPDATE 1-Suncor reports Q3 profit on higher production, refinery throughput

CALGARY, Alberta, Oct 26 (Reuters) - Suncor Energy Inc
, Canada's largest oil and gas company, reported a
better-than-expected third-quarter profit on Wednesday thanks to
strong upstream production, lower operating costs and record
crude throughput at its refineries.

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