Energy Update

You are here

Home » Global Read

Praxair in deal talks with Germany's Linde AG -WSJ

Aug 15 (Reuters) - Industrial gas supplier Praxair Inc
is in talks to merge with Germany's Linde AG,
the Wall Street Journal reported on Monday, citing people
familiar with the matter.

Volatility ahead for U.S. crude as investors split bets

* Market open interest in WTI climbs to highest since Sept
2013

UPDATE 2-Berkshire takes bigger bite of Apple, pares Wal-Mart

* Berkshire lowers Deere, Suncor stakes, ups Liberty Global

(Adds comments on Apple and other investments, details on other
investors cutting Apple stakes, byline)

UPDATE 2-Tesla gained investor backing during second quarter

BOSTON, Aug 15 (Reuters) - Tesla Motors Inc gained
backing from Fidelity Investments and from hedge funds during
the second quarter, recent securities filings show, a period
when the electric car company made a buyout offer for SolarCity
Corp.

Icahn makes new bet on Allergan, cuts Hertz in Q2 - filing

BOSTON, Aug 15 (Reuters) - Carl Icahn, the octogenarian
investor whose stock investments still create a buzz on Wall
Street nearly 50 years after he first got into the business,
made a new bet on Allergan and slashed his holding in
Hertz Global Holdings, a new filing shows.

Massachusetts Storage Procurement Goals the Next Step in Advancing Grid Modernization

Governor Baker of Massachusetts recently signed a comprehensive energy bill that will make the Bay State the third in the country to adopt energy storage procurement goals — a momentous day for the advancement of energy storage on the East Coast.

UPDATE 1-Libya's U.N.-backed government appoints panel to run $67 bln wealth fund

TRIPOLI, Aug 15 (Reuters) - Libya's U.N.-backed government
said on Monday it was appointing a five-member caretaker
committee to run the country's $67 billion sovereign wealth
fund.

Libya's U.N.-backed government appoints panel to run $67 bln wealth fund

TRIPOLI, Aug 15 (Reuters) - Libya's U.N.-backed government
said on Monday it was appointing a five-member caretaker
committee to run the country's $67 billion sovereign wealth
fund.

Sustainable Women Series: Driving Down Solar 'Soft' Costs: A 70 Percent Reduction in 5 Years

Launched by the Department of Energy in February 2011, the SunShot Initiative was designed to make solar energy cost-competitive by 2020. In 2010, the cost of one solar watt was $3.80. The SunShot project was attempting to reduce soft costs – non-technology costs – to $1 per watt or $0.06 per kilowatt-hour, an almost 75 percent decrease in the 2010 cost.

UPDATE 1-Rosneft quarterly profit falls by a third

MOSCOW, Aug 15 (Reuters) - Rosneft, Russia's
largest oil producer, said on Monday its second-quarter net
profit fell almost 34 percent to 89 billion roubles ($1.38
billion) following a drop in global oil 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.

Photos