Energy Update
BAGHDAD, May 24 (Reuters) - Iraq's total oil output has
reached 4.7 million barrels per day (bpd) and exports are
running at a record 3.9 million bpd, the state-run Iraqi Media
Network reported, citing an oil official.
SYDNEY, May 24 (Reuters) - The strongest El Nino in nearly
20 years, which damaged crop production in Asia and caused food
shortages, has ended, the Australian Bureau of Meteorology (BOM)
said on Tuesday.
NEW YORK, May 24 (Reuters) - U.S. refiners are enjoying
their strongest diesel margins in months as surprisingly robust
overseas demand, combined with lower domestic production has
triggered an unusually large drawdown in inventories for this
time of year.
(Tue, 24 May 2016) Renewable electricity generation in Germany increased to 194 billion kilowatthours (kWh) in 2015, representing 31% of the country's gross electricity generation. The renewables electricity growth in 2015 was the largest in both percentage and absolute terms (19% and 32 billion kWh, respectively) in at least a decade.
HOUSTON, May 24 (Reuters) - Exxon Mobil Corp and
Chevron Corp will face their toughest-ever push by
shareholders concerned about a warming world at annual meetings
on Wednesday, as the Paris accord to tackle climate change
ratchets up investor pressure on two of the world's largest oil
companies.
SYDNEY/WELLINGTON, May 24 (Reuters) - Australian shares were
down for a second day in subdued trade on Tuesday, as falling
oil prices pressured energy firms although miners proved
resilient to more weakness in iron ore.
SINGAPORE, May 24 (Reuters) - Oil prices were little changed
in thin early Asian trade on Tuesday as a firmer dollar weighed
on oil markets while a likely drawdown in U.S. crude and
gasoline stockpiles pointed to stronger demand ahead of the U.S.
summer driving season.
BRASILIA, May 23 (Reuters) - Brazil's interim government was
rocked on Monday by the loss of one of its key figures, Planning
Minister Romero Juca, who stepped aside amid accusations he had
conspired to obstruct the country's biggest-ever corruption
investigation.
Amec Foster Wheeler Energy has received engineering and project management services contract to carry out the basic engineering design (BED) study for the Cilacap refinery upgrade project in Central Java, Indonesia.
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.