Energy Update
CARACAS, April 21 (Reuters) - Venezuela will begin cutting
electricity supplies amid a prolonged drought that has limited
power generation, the electricity minister said on Thursday, an
unpopular measure for a population already struggling to obtain
food and medicine.
CARACAS, April 21 (Reuters) - Venezuela will cut power for
four hours per day during forty days starting next week amid a
drought that has limited hydroelectric power generation, the
country's Electricity Minister Luis Motta said on Thursday.
MEXICO CITY, April 21 (Reuters) - A leak caused a deadly
petrochemical plant blast that has killed at least 13 people and
the toll could rise, Mexican oil company Pemex said on Thursday,
the latest in a series of fatal accidents to batter the company.
Platts senior editor Eklavya Gupte explores some of the ramifications on the global oil markets of the failure by major oil producers to agree on an output freeze in Doha.
LONDON, April 21 (Reuters) - Anglo American will
launch a fresh review of executive pay after a significant
number of shareholders voted against Chief Executive Mark
Cutifani's 3.4 million-pound ($4.9 million) pay deal for 2015,
partial voting results showed on Thursday.
ALMATY, April 21 (Reuters) - Kazakh national oil company
Kazmunaygaz said on Thursday it had no plans to issue
debt to finance the buyout of minority shareholders of its
upstream subsidiary KMG EP , contradicting an
earlier statement by one of its executives.
One hundred European Union algae stakeholders are preparing to release a white paper, European Roadmap for an Algae-Based Industry, after a meeting co-organised by the European Algae Biomass Association, Miracles, FUEL4ME, Splash and the Algae Cluster (InteSusAl, BIOFAT and All-gas).
April 21 (Reuters) - SunEdison Inc, once the
fastest-growing U.S. renewable energy company, filed for Chapter
11 bankruptcy protection on Thursday as years of debt-fueled
acquisitions proved unsustainable.
SunEdison Inc. filed for bankruptcy protection after a two-year, $3.1 billion acquisition binge that drove its debt to unmanageable levels and sent investors running for the exits.
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.