Energy Update

You are here

Sept 30 (Reuters) - Diversified mining and energy group
Vedanta Resources Plc said it appointed Deputy Chief
Financial Officer Arun Kumar as CFO.

The African Development Bank will lend $60 million to finance a geothermal power project in Kenya.

LONDON, Sept 30 (Reuters) - BP has criticised the new
"Deepwater Horizon" film as being an inaccurate Hollywood
dramatisation of the deadly oil rig disaster in the Gulf of
Mexico in 2010.

LONDON, Sept 30 (Reuters) - The Organisation of the
Petroleum Exporting Countries surprised oil traders and analysts
by announcing a production deal following a hastily convened
extraordinary meeting in Algiers on Wednesday.

ABUJA, Sept 30 (Reuters) - Nigeria's Dangote Cement
has turned to locally-mined coal to fire its cement
plants because of gas shortages due to militant attacks on
Nigerian facilities and to lower its production costs.

* Oil price slide hits group's profits, prompts capex, job
cuts

* But Warsaw now hints parliament will sign off shortly

(Adds Polish comments, details on agreement)

BRUSSELS, Sept 30 (Reuters) - U.S. shale gas will displace a
growing portion of the world's expanding energy demand, cutting
into the need for oil products from refineries, BP's head of
refining economics said on Friday.

KUALA LUMPUR/MILAN, Sept 30 (Reuters) - Malaysian state oil
firm Petroliam Nasional Bhd is considering selling its majority
stake in a $27 billion Canadian liquefied natural gas (LNG)
plant, three people familiar with the matter said this week.

BRUSSELS, Sept 30 (Reuters) - European Union states aimed on
Friday to agree a shortcut to ratify the Paris climate deal next
week, keen for a rare political breakthrough at a time of
discord over migration and Britain's vote to leave the bloc.

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.