Energy Update
TAIPEI, Sept 14 (Reuters) - Tens of thousands of homes lost
power across Taiwan on Wednesday as Super Typhoon Meranti hit
the island, a storm seen as the strongest in the world so far
this year, forcing schools and businesses to close and flights
to be cancelled.
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time."
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
LONDON, Sept 14 (Reuters) - Global upstream oil and gas
investments are expected to plummet 24 percent this year, with
little signs of improvement for 2017, the International Energy
Agency (IEA) said on Wednesday.
Austin Exploration announced the mobilization of the Math Energy Drill Rig to the Columbus #1 Well pad site, along with the extensive amount of necessary machinery and equipment, has been successfully completed.
Honeywell UOP announced that its modular natural gas processing equipment enables Virginia Indonesia Company (VICO) to use natural gas straight from the wellhead to power on-site equipment.
Statoil and partners in The Iceland Deep Drilling Project has just started to drill a geothermal research well on Iceland. The goal is to explore if high temperature water can be extracted from deep reservoirs for power production.
NEW YORK, Sept 13 (Reuters) - Flint Hills Resources is
bringing online the Nebraska biodiesel plant it bought out of
bankruptcy in 2011, marking the Koch Industries Inc subsidiary's
first commercial production of the renewable fuel made of
vegetable oil.
TUNIS, Sept 13 (Reuters) - Libya's National Oil Corporation
(NOC) said on Tuesday it would immediately start working to
resume crude exports from ports seized in recent days by forces
loyal to eastern commander Khalifa Haftar.
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
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.