Energy Update
* GRAPHIC: Oil majors' output growth http://tmsnrt.rs/2c0eSev
RIO DE JANEIRO, Sept 5 (Reuters) - Brazil's federal police
launched an operation on Monday to investigate fraud at pension
funds of major state-run companies, carrying out seven arrest
warrants, over a hundred search warrants and freezing assets
worth 8 billion reais ($2.46 billion), police said in a
statement.
LIBREVILLE, Sept 5 (Reuters) - Gabon's opposition leader
Jean Ping called on Monday for a general strike to protest
against what he said was a fraudulent re-election victory by
President Ali Bongo.
Skimming along the surface of Japan’s crude import numbers gives an impression that the pendulum has swung back in favor of Middle Eastern crudes.
BEIJING, Sept 5 (Reuters) - Russia and Saudi Arabia agreed
to set up a task force to review oil market fundamentals and to
recommend measures and actions that will secure oil market
stability, according to a joint statement issued on the sideline
of G20 summit on Monday.
FRANKFURT, Sept 5 (Reuters) - European spot power prices
rose on Monday on rising demand and a continued warm period that
brought sunny but calm weather with low wind power production.
Sept 5 (Reuters) - Oilfield services company Hunting Plc
said it amended the terms of its credit facility after
reporting a first-half loss due to low commodity prices.
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.