Energy Update
Aug 4 (Reuters) - Idemitsu Kosan Co Ltd is looking
to acquire a smaller stake in Showa Shell Sekiyu than
planned, aiming to counter efforts by the former's founding
family to block a merger of the two oil distributors, the Nikkei
reported.
SAN FRANCISCO, Aug 4 (Reuters) - Solar Mosaic Inc, the top
provider of loans for home solar installations in the U.S., said
on Thursday it had raised $220 million in fresh funding to
continue growing the rooftop solar loan market.
Aug 4 (Reuters) - Oil and natural gas producer Canadian
Natural Resources Ltd reported a smaller
quarterly loss on Thursday as lower expenses helped offset a
slump in crude prices.
BUENOS AIRES, Aug 4 (Reuters) - Argentina's state-controlled
oil company YPF registered a net loss of 753 million
pesos ($50.7 million) in the second quarter, it said Thursday,
an abrupt reversal from the 2.3 billion peso profit it posted in
the same period a year ago.
CARACAS, Aug 4 (Reuters) - Venezuela's Oil Minister Eulogio
del Pino has spoken to OPEC Secretary-General Mohammed Barkindo
ahead of a meeting between OPEC and non-OPEC producers in hope
of boosting the global oil price, President Nicolas Maduro said
on Thursday.
TerraForm Power Inc., the wind-and-solar company formed by the bankrupt SunEdison Inc., is setting up a formal auction to sell itself after Brookfield Asset Management Inc. attempted to take control of the company, according to two people with knowledge of the matter.
SAO PAULO, Aug 4 (Reuters) - Othon Luiz Pinheiro da Silva,
the former chief executive of Brazil's nuclear power company
Eletronuclear, was sentenced to serve 43 years in prison by a
Rio de Janeiro judge late on Wednesday, the Valor Economico
newspaper reported.
Aug 4 (Reuters) - Chevron Corp, the second-largest
U.S. oil company, is selling some assets in Asia worth up to $5
billion, the Wall Street Journal reported, citing people
familiar with the matter.
LONDON, Aug 4 (Reuters) - Britain could go into next winter
with very low levels of gas stocks, according to estimates by
Centrica Storage Limited (CSL) for withdrawals from its Rough
gas storage site, published on Thursday.
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.