Energy Update
NEW YORK/WILMINGTON, Del., June 24 (Reuters) - Energy
Transfer Equity won a court ruling on Friday that would
allow the pipeline operator to walk away from its more than $20
billion takeover of rival Williams Cos Inc, a deal that
Energy Transfer agreed to in September but soured on in January.
HOUSTON, June 24 (Reuters) - With a number of U.S. states
proceeding with investigations of Exxon Mobil Corp's
record on climate change, the attorney general of Massachusetts
and investment funds of the Rockefeller family on Friday told a
Congressional committee it lacked powers to oversee those
probes.
HOUSTON, June 24 (Reuters) - With many U.S. states
proceeding with investigations of Exxon Mobil Corp's
record on climate change, the attorney general of Massachusetts
and investment funds of the Rockefeller family on Friday told a
Congressional committee it lacked powers to oversee those
probes.
(Adds benchmark and gas prices)
June 24 (Reuters) - U.S. natural gas speculators boosted
their net longs for a fourth consecutive week, betting prices
will rise as production eases and power demand remains high to
meet rising air-conditioning use during an unusually hot start
to the summer.
Speculators in four major NYMEX and ICE markets increased
their bullish bets by 12,388 contracts to 94,209 in the week to
June 24 (Reuters) - U.S. natural gas speculators boosted
their net longs for a fourth consecutive week, betting prices
will rise as production eases and power demand remains high to
meet rising air conditioning use during an unusually hot start
to the summer.
Speculators in four major NYMEX and ICE markets added to
their bullish bets by 12,388 contracts to 94,209 in the week to
June 21, the U.S. Commodity Futures Trading Commission said on
(Adds basins and states)
June 24 (Reuters) - U.S. oil drillers cut rigs this week for
a 20th week this year after three weeks of additions, according
to a closely followed report on Friday, as crude prices pull
back after a recent rally to an 11-month high over $51 a barrel.
Despite a decline in U.S. crude to below $48 a barrel on
Friday after Britain voted to leave the European Union, several
June 24 (Reuters) - U.S. oil drillers cut rigs this week for
a 20th week this year after three weeks of additions, according
to a closely followed report on Friday, as crude prices pull
back after a recent rally to an 11-month high over $51 a barrel.
Despite a decline in U.S. crude to below $48 a barrel on
Friday after Britain voted to leave the European Union, several
companies said recently they plan to boost spending on new
MOSCOW, June 24 (Reuters) - Russian development bank VEB
said on Friday it had provided a guarantee for $3 billion of
debt to the Yamal liquefied natural gas (LNG) project, led by
Russian gas firm Novatek.
One of the formative moments in my career was participating in an Energy Department competition called FutureCar — known today as EcoCAR 3 — which challenges students to develop more fuel efficient and sustainable vehicles. Participating in that competition inspired me to pursue a career that addressed the toughest problems in sustainable transportation and clean energy. I’m just one of many who had their professional journeys changed as a result of these competitions.
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.