Energy Update
(Mon, 18 Apr 2016) Total U.S. energy production increased for the sixth consecutive year. According to data in EIA's most recent <em>Monthly Energy Review</em>, energy production reached a record 89 quadrillion British thermal units (Btu), equivalent to 91% of total U.S. energy consumption. Liquid fuels production drove the increase, with an 8% increase for crude oil and a 9% increase for natural gas plant liquids. Natural gas production also increased 5%.
BRASILIA, April 18 (Reuters) - Brazil's leftist President
Dilma Rousseff suffered a humiliating loss in a crucial
impeachment vote in the lower house of Congress on Sunday and is
almost certain to be forced from office months before the nation
hosts the Olympics.
LAUNCESTON, Australia, April 18 (Reuters) - It was the worst
possible outcome for oil producers at their weekend meeting in
Doha, with their failure to reach even a weak agreement showing
very publicly their divisions and inability to act in their own
interests.
NEW DELHI, April 18 (Reuters) - India's finance ministry is
asking for regular progress reports from tax collectors and has
set a date for an amnesty to pay off arrears on undeclared
domestic assets, as the government intensifies efforts to meet
its ambitious deficit target.
Yanbu Aramco Sinopec Refining (Yasref) has secured $4.7bn syndicated loan to refinance an existing shareholders’ credit facility.
Genoil, along with consortium partner Shaanxi Yanchang Petroleum Group subsidiary Beijing Petrochemical Engineering (BPEC) have received $5bn letter of intent to cover the initial cost of an upgrade project in Middle East.
BRASILIA, April 17 (Reuters) - With 100 votes cast, 73
congressmen voted in favor of the impeachment of President Dilma
Rousseff in Brazil's lower house on Sunday and 27 voted against
or abstained.
ROME, April 17 (Reuters) - A referendum aimed at curbing
Italy's offshore oil and gas industry was sunk on Sunday when it
failed to secure the necessary quorum, with a majority of voters
shunning the ballot, initial official data showed.
BRASILIA, April 17 (Reuters) - Brazil's lower house of
Congress began voting on Sunday on whether President Dilma
Rousseff should face an impeachment trial in the Senate on
charges of manipulating budgetary accounts.
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.