Energy Update

You are here

Home » Global Read

Russia's Novak expects agreement on oil market stabilisation - TV

MOSCOW, Oct 24 (Reuters) - Russia's energy minister
Alexander Novak said on Monday he was convinced that an
agreement between Russia and leading oil exporters on oil market
stabilisation would be eventually reached.

Are We Nearing the End of Cheap Fossil Fuel Energy?

Fossil fuels were always intended as bridge fuels until a clean, inexhaustible source of energy could be developed that was economically viable. While large pockets of oil, natural gas, and coal remain underground, supply must be constantly increased as our demand for energy continues to grow.

Jordan Turbocharges Distributed Solar

Conditions in Jordan are perfect for rapid growth in commercial and industrial solar. The country recently abolished a limit on the nameplate capacity of renewable energy plants connected to the grid that can benefit from net metering.

Petrobras says forming alliance with Total for oil and gas projects

RIO DE JANEIRO, Oct 24 (Reuters) - Brazil's Petroleo
Brasileiro SA and France's Total SA agreed
on Monday to study opportunities for joint developments in the
exploration and production of oil and gas, in Brazil and abroad,
Petrobras said in a statement.

Speculators raise bullish bets on diesel to highest since mid-2014

LONDON, Oct 24 (Reuters) - Speculators raised their bets on
a rally in diesel futures prices to their highest level in over
two years, according to data from the InterContinental Exchange
on Monday.

UPDATE 1-Russian energy minister says cooperation with OPEC intensifying

* Oil stock overhang still major concern - OPEC's Barkindo

(Adds quotes, details, background)

Excellence in Action: Renewable Energy World Announces Finalists, Honorable Mentions for 2016 Project of the Year Awards

PennWell Corporation and Renewable Energy World are pleased to announce our 2016 Renewable Energy Project of the Year Finalists. Projects are nominated by the industry and finalists are selected by a committee of editors from PennWell Corporation.

UPDATE 1-China's Zhengzhou exchange to raise fees for coal futures

BEIJING, Oct 24 (Reuters) - China's Zhengzhou Commodity
Exchange will hike transaction fees for its thermal coal futures
contracts, it said on Monday, which may act to reduce trading
activity amid a historic price rally and a surge in speculative
investment in the volatile market.

COLUMN-U.S. oil and gas producers stir from hibernation: Kemp

LONDON, Oct 24 (Reuters) - U.S. oil and gas drillers are
reporting the biggest and most sustained upturn since oil prices
began slumping in the middle of 2014.

Russian Energy Minister to discuss oil market with OPEC SecGen

VIENNA, Oct 24 (Reuters) - Russian Energy Minister Alexander
Novak said on Monday he plans to discuss the situation on the
oil market with OPEC Secretary General Mohammed Barkindo.

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