Energy Update
Aug 2 (Reuters) - Contract driller Nabors Industries Ltd
posted a bigger quarterly loss, largely due to an
impairment to the carrying value of the company's investment in
C&J Energy Services Ltd.
WASHINGTON, Aug 2 (Reuters) - U.S. federal agencies should
disclose whether their actions and decisions will have an impact
on climate change, the White House announced on Tuesday.
HOUSTON, Aug 2 (Reuters) - U.S. oil producer Devon Energy
Corp posted an unexpected adjusted quarterly profit on
Tuesday and narrowed its net loss as drastic cost cuts,
especially in labor and supply expenses, offset the slump in
crude prices.
NEW YORK, Aug 2 (Reuters) - A U.S. appeals court on Tuesday
upheld a decision confirming a $465 million judgment won through
arbitration by a unit of KBR Inc in a contract dispute
with Mexico's national oil company, Pemex.
Aug 2 (Reuters) - Cobalt International Energy Inc
said it was unlikely to close a $1.75 billion sale of its 40
percent stake in two offshore oil blocks in Angola to the state
oil company, sending its shares down as much as 43.5 percent.
RIO DE JANEIRO, Aug 2 (Reuters) - A U.S. appeals court put a
class action case against Brazil's state-run oil company
Petroleo Brasileiro SA on hold pending the resolution
of an appeal filed by the company, according to a court filing
on Tuesday.
Aug 2 (Reuters) - TransCanada Corp said on Tuesday
it plans to build an $800 million marine terminal and oil
pipeline project for refined products like gasoline and jet
fuel, as the Canadian pipeline operator continues to expand its
footprint in Mexico.
RIO DE JANEIRO, Aug 2 (Reuters) - A U.S. court temporarily
suspended a class action case against Brazil's state-run oil
company Petroleo Brasileiro SA and extended the
period for defining the terms of the case, a source with direct
knowledge of the proceedings said on Tuesday.
Aug 2 (Reuters) - Cobalt International Energy Inc
said it was unlikely to close a $1.75 billion sale of its 40
percent stake in two offshore oil blocks in Angola to the state
oil company, sending its shares down as much as 43.5 percent.
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.