Energy Update
April 21 (Reuters) - Global mining company Anglo American
Plc said first-quarter production at most of its units fell, or
remained flat, as it cut production, sold assets, and
reconfigured mines to cope with the slump in commodities prices.
BEIJING, April 21 (Reuters) - China will strictly control
credit available for new capacity additions in the steel and
coal sectors, both of which are suffering from price sapping
supply gluts, according to a government statement issued on
Thursday.
April 21 (Reuters) - Global mining company Anglo American
Plc said iron ore production at its Kumba Iron Ore Ltd
unit fell 27 percent in the first quarter as the mine
moves to a lower-cost pit configuration.
LONDON, April 20 (Reuters) - Global refining margins have
improved significantly in recent weeks which should support
strong demand for crude and lend some strength to both spot
prices and spreads in the short term.
AMSTERDAM, April 21 (Reuters) - Dutch engineering firm
Arcadis said on Thursday an internal investigation
into its role in a Brazilian water management project had found
no evidence of any wrongdoing.
MEXICO CITY, April 20 (Reuters) - A massive explosion rocked
a major petrochemical facility of Mexican national oil company
Pemex in the Gulf state of Veracruz on Wednesday, killing at
least three people, injuring dozens more, and pumping a cloud of
noxious chemicals into the sky.
CARACAS, April 20 (Reuters) - Venezuela's
opposition-dominated parliament on Wednesday approved a law to
speed up the process of requesting recall referendums, as
adversaries of President Nicolas Maduro seek to push him from
office amid a deepening economic crisis.
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.