Energy Update

You are here

U.S. Geothermal this month said that it has deepened two wells at its San Emidio geothermal project in Washoe County, Nev., based on the wells’ high thermal gradient and bottom hole temperature.

Aug 22 (Reuters) - Canadian convenience store operator
Alimentation Couche-Tard Inc said it would buy U.S.
convenience store retailer CST Brands Inc for about
$3.67 billion, as the company looks to strengthen its U.S.
operations.

* UK long-term gas contracts fall

(Adds comment, more detail, prices)

Aug 22 (Reuters) - Canadian convenience store operator
Alimentation Couche-Tard Inc said on Monday it agreed
to buy U.S. convenience store retailer CST Brands Inc in
a deal valued at about $4.4 billion, including debt.

FRANKFURT, Aug 22 (Reuters) - European prompt power on
Monday was mixed, with German prices up on a drop in wind levels
and those in France down as more nuclear capacity reopened for
production.

On August 5, US sheet producers saw the culmination of many months of work as the US Department of Commerce released its final determinations of countervailing and anti-dumping duties against HRC imports.

* Former resources centre hailed as model for re-tooling
economy

BEIJING, Aug 22 (Reuters) - China's diesel, gasoline and
kerosene exports surged last month after state-owned refiners
shipped excess fuel abroad as they struggled to compete in the
domestic market with independent companies that sold at lower
prices.

LONDON/LAGOS, Aug 21 (Reuters) - Oil companies and even
Nigerian officials are losing faith in a deal anytime soon with
militants who have slashed the nation's oil output, casting
doubt on a production recovery in what is typically Africa's
largest oil exporter.

SYDNEY, Aug 22 (Reuters) - Australia's Fortescue Metals
Group Ltd, the world No. 4 iron ore producer, reported
a tripling of its annual net profit on Monday to nearly $1
billion and said it could shoulder a big jump in future dividend
payouts.

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.