Energy Update
July 28 (Reuters) - Pipe and valve maker Weir Group Plc
said Chief Executive Keith Cochrane would step down,
and reported a 25 percent fall in first-half pretax profit as
oil and gas companies cut spending to counter weak commodity
prices.
PARIS, July 28 (Reuters) - French oil services company
Technip said on Thursday plans to cut spending due to
the fall in oil prices were ahead of schedule as it reported
better-than-expected second quarter revenue.
PARIS, July 28 (Reuters) - French oil and gas company Total
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
PARIS, July 27 (Reuters) - French oil and gas company Total
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
PARIS, July 28 (Reuters) - French oil services company
Technip said on Thursday plans to cut spending due to
the fall in oil prices was ahead of schedule as it reported a
better-than-expected second quarter revenue.
The expanded Panama Canal will allow US LNG producers to deliver their cargoes to select destinations in South America and Asia faster and cheaper.
NEW YORK, July 28 (Reuters) - For the oil industry, Yahoo
Inc's decision this week to sell its core business to
Verizon Communications Inc for $4.8 billion does not
matter all that much. Their world already changed a few months
ago, when the company said it would jettison its messaging
system that has been the norm for oil traders since the late
1990s.
(Thu, 28 Jul 2016) Stripper wells, also known as marginal wells, individually produce small volumes of natural gas or oil but in total have provided 11% to 15% of total U.S. oil and natural gas production over the past decade. Natural gas stripper wells (so called because they are stripping the remaining natural gas out of the ground) are characterized as producing no more than 90,000 cubic feet per day over a 12-month period.
In the past, most of the growth in large renewable energy installations was carried out by independent developers. Today, the typical developer’s business model is based on capturing the yield arbitrage between early stage projects and operating assets (or a middle point in the development process) due to different risk profiles. But the collapse of SunEdison seems like the nail in the coffin for this business model.
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.