Energy Update

You are here

Home » Global Read

OPEC, key producers to discuss 6-month oil deal

ISTANBUL, Oct 11 (Reuters) - OPEC will hold talks with
non-member oil producers on Wednesday in a bid to hammer out
details of a global agreement to cap production for at least six
months as Russia lent its support for the plan.

UPDATE 1-Activists arrested after shutting five Canada-U.S. oil pipelines

CALGARY, Alberta, Oct 11 (Reuters) - Climate-change
activists were arrested on Tuesday after they shut down five
pipelines carrying crude from Canadian oils sands into the U.S.
market, the latest move by environmental groups to disrupt
movement of oil across North America, an activist group said.

UPDATE 1-Saudi Arabia's crude output steady in Sept amid oil deal talk

ISTANBUL, Oct 11 (Reuters) - Saudi Arabia's crude oil
production was steady in September, remaining at high levels, a
signal that OPEC's top producer continues to feed rising demand
both domestically and abroad.

RPT-Electric cars could dominate roads in wealthy cities by 2030 -report

* EVs could represent 60 pct of cars on road in London,
Singapore

BUZZ-U.S. crude spread narrows on claims that 5 Canada-U.S. pipelines shut

Oct 11 (Reuters) - The discount of spot U.S. crude futures
to the second-month fell to 42 cents per barrel on
Tuesday after news that activists shut 5 pipelines that carry
crude oil from Canada into the U.S. market:

Direct Energie says on target to hit 2 million clients this year

PARIS, Oct 11 (Reuters) - French alternative energy supplier
Direct Energie said it is on track to reach its
target of 2 million clients by the end of 2016.

UPDATE 2-Saudi's Falih says non-OPEC countries willing to help balance oil market

ISTANBUL, Oct 11 (Reuters) - Saudi Arabia's Energy Minister
Khalid al-Falih will not attend meetings on Wednesday between
OPEC and non-OPEC countries in Istanbul but told Reuters he saw
signs that countries outside OPEC were willing to contribute to
balancing the oil market.

UK's FTSE 100 slips from fresh record high, FTSE 250 outperforms

* Miners, South Africa-exposed stocks drop

(Recasts, adds detail and quotes, updates with closing prices)

Voith Receives Contract to Modernize Generators at 1,000-MW Drakensberg Pumped Storage

Voith has received an order worth about €11 million (US$12.2 million) to modernize three generators at the 1,000-MW Drakensberg pumped storage plant in South Africa.

FERC Seeks Input on App for 1,140-MW GreenGenStorage Pumped Storage Hydro Project

On Oct. 4, the Federal Energy Regulatory Commission went out for comment on a July 19 application from GreenGenStorage LLC for a preliminary permit under which it would study the feasibility of the Mokelumne Pumped Storage Project, to be located on the North Fork Mokelumne River, Bear River and Cole Creek in Amador and Calaveras counties, California.

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