Energy Update

You are here

April 26 (Reuters) - Canadian miner Teck Resources Ltd
reported a 38 percent rise in quarterly
profit, helped by lower costs.

April 26 (Reuters) - ScottishPower has agreed to pay a fine
of 18 million pounds ($26 million) for customer service
failings, Britain's energy market regulator Ofgem said on
Tuesday, sending a strong message to energy firms about the
importance of treating consumers well.

** Consultancy firm RPS on track for worst day since
March 2004 on results warning, with c.11x 30-day avg vols
crossed in first 90 minutes of trading

* Shares rise 9.6 pct, rival Stora up 4.7 pct

(Adds analyst comment, share reaction)

* Moody's analyst flags risk govt could assume 1MDB debts

(Updates with IMDB CEO, S&P comment, market reaction)

* BP CEO sees market rebalancing at end of 2016

(Adds details)

April 26 (Reuters) - Britain's energy market regulator Ofgem
said on Tuesday it had ordered energy supplier ScottishPower to
pay a fine of 18 million pounds ($26 million) for customer
service failings.

LAUNCESTON, Australia, April 26 (Reuters) - Australia and
Russia could emerge the relative winners if China does restrict
imports of North Korean coal, as it has pledged to do.

LAUNCESTON, Australia, April 26 (Reuters) - Australia and
Russia could emerge the relative winners if China does restrict
imports of North Korean coal, as it has pledged to do.

April 26 (Reuters) - Petra Diamonds Ltd raised its
production guidance for 2016 following the initial integration
of the Kimberley mines in South Africa.

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.