Energy Update
Iberdrola obtained a gross operating profit (EBITDA) of €3.892bn in the first half of 2016, up by 1.4% on the same period a year ago.
SYDNEY, July 20 (Reuters) - BHP Billiton
said on Wednesday it fell three million tonnes short of its iron
ore production guidance for fiscal 2016 due to its Samarco
disaster in Brazil.
July 19 (Reuters) - Investors who sold oil and natural gas
land leases to Chesapeake Energy Corp and now-bankrupt
SandRidge Energy Corp sued Chesapeake and Tom Ward,
SandRidge's former CEO, alleging that they conspired to depress
the market for those leases.
WASHINGTON, July 19 (Reuters) - The U.S. State Department
has approved the sale of $785 million in bombs to the United
Arab Emirates for the U.S.-led campaign against Islamic State
militants in Syria and Iraq, the Pentagon said on Tuesday.
July 19 (Reuters) - Investors who sold oil and natural gas
land leases to Chesapeake Energy Corp and now-bankrupt
SandRidge Energy Corp sued Chesapeake and Tom Ward,
SandRidge's former CEO, alleging that they conspired to depress
the market for those leases.
SAO PAULO, July 19 (Reuters) - Brazil's state-controlled
Petróleo Brasileiro SA is inclined to restart the process of
selling part of BR Distribuidora SA, a source with direct
knowledge of the matter said, as a recent bidding round put a
low price tag on the fuel distribution unit.
LONDON, July 19 (Reuters) - Gulf Keystone's stock
spiked and fell by a third on Tuesday as retail investors
flooded chatrooms trying to figure out how junk bond funds led
by former JP Morgan and Lehman Brothers traders will help
restructure the oil firm.
BUENOS AIRES, July 19 (Reuters) - Argentine utilities
company Pampa Energia said on Tuesday it had sold its
indirect stake in local natural gas supplier Transportadora de
Gas del Sur (TGS) for $241 million.
NEW YORK, July 19 (Reuters) - Gains for equities in 2016
have been buoyed by stocks that lagged during the bull market, a
trend that analysts at Fundstrat say is likely to continue in
the back half of the year as they have not come close to
recouping their underperformance.
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.