Energy Update
PARIS, May 23 (Reuters) - Union members at Total
101,000 barrels-per-day Grandpuits refinery have voted on Monday
to shut down production as part of an ongoing protest over
labour reform laws, an FO union official told Reuters.
LONDON, May 23 (Reuters) - U.S. investment firm General
Atlantic will acquire a majority stake in oil price reporting
agency Argus Media in a deal valuing London-based Argus at
nearly 1 billion pounds ($1.45 billion).
BRASILIA, May 23 (Reuters) - Brazilian federal police on
Monday arrested a former treasurer of one of the parties in the
country's ruling coalition as part of a wide-ranging graft probe
centered on state-run oil company Petrobras, prosecutors said.
PRAGUE, May 23 (Reuters) - Czech miners' unions have teamed
up with lignite mine owner Pavel Tykac and another investor to
make on offer for New World Resources'
insolvent mining subsidiary OKD, the unions said on Monday.
MUSCAT, May 23 (Reuters) - A group of Chinese investors have
signed an agreement to build an industrial park at Oman's
southern port of Duqm in a project that could attract billions
of dollars of investment, government and company officials said
on Monday.
LONDON, May 23 (Reuters) - Oil discoveries in 2015 fell to
their lowest since 1952 as energy companies slashed exploration
budgets in the wake of the oil price fall, creating a gap for
meeting future demand, analysts at Morgan Stanley said on
Monday.
PARIS, May 23 (Reuters) - France's hardline CGT union has
launched a 24-hour strike at the Fos-Lavera oil terminals in the
southern port city of Marseille as the union toughens its stance
against the government over a labour reform law.
TAIPEI, May 23 (Reuters) - Taiwan's top financial regulator
said on Monday it won't encourage consolidation in the island's
crowded banking sector, dashing expectations of some in the
market that the newly-elected government would push for local
mergers.
LAUNCESTON, Australia, May 23 (Reuters) - China's imports of
iron ore are likely to have maintained their recent strength in
May, as top suppliers Australia and Brazil continue to squeeze
market share from smaller rivals.
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.