Energy Update
BENGHAZI, Libya, May 19 (Reuters) - A tanker that had been
blocked for three weeks in a stand-off over oil exports at the
eastern Libyan port of Marsa al-Hariga entered the port and
began loading on Thursday, officials said.
Renewable energy is growing worldwide, with a six-fold increase in non-hydro renewables over the last decade from 85 GW to 657 GW.
* Prospect of U.S. Fed rate hike puts pressure on miners
NEW YORK, May 19 (Reuters) - Oil traders from Houston to the
North Sea are tapping into plentiful storage onshore and
offshore, evincing little sign of concern yet about mammoth
supply losses from Canada to Nigeria that has knocked out about
2 million barrels a day of output.
MOSCOW, May 19 (Reuters) - Russia's state gas giant Gazprom
proposed a dividend on Thursday less than half as big
as the amount implied in a government order for state companies,
adding to strains on state finances caused by low oil prices.
DUBAI, May 19 (Reuters) - The International Monetary Fund
backed Saudi Arabia's sweeping economic reform plan on Thursday
and said the kingdom was cutting spending at the right speed to
cope with a huge state budget deficit caused by low oil prices.
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.