Energy Update

You are here

Home » Global Read

UPDATE 1-Six years after BP spill, U.S. sets new offshore oil safety rules

WASHINGTON, April 14 (Reuters) - The Obama administration on
Thursday unveiled new oil well control rules to prevent the kind
of blowout that happened six years ago on a BP Plc rig in
the Gulf of Mexico.

Six years after BP spill, U.S. sets new offshore oil safety rules

WASHINGTON, April 14 (Reuters) - The Obama administration on
Thursday unveiled new oil well control rules to prevent the kind
of blowout that happened six years ago on a BP Plc rig in
the Gulf of Mexico.

Development banks urged to put more energy into power for poor

BARCELONA, April 14 (Thomson Reuters Foundation) - The World
Bank and other major development banks are investing far too
little in getting electric power to poor people around the
globe, and should allocate at least half their energy budgets to
such projects, environmental groups said on Thursday.

UPDATE 4-Wells Fargo profit falls 7 pct as bad loan provisions surge

* Income falls in all 3 businesses

(Adds JPMorgan was the largest mortgage lender by revenue last
quarter in paragraph 9; updates stock prices)

UPDATE 4-U.S. says China to scrap some export subsidies

WASHINGTON, April 14 (Reuters) - China has agreed to scrap
export subsidies on a range of products from metals to
agriculture and textiles, the United States said on Thursday, in
a step by Beijing to reduce trade frictions with Washington.

The UK’s Road to Carbon Neutrality

The UK government has set a target of becoming carbon neutral by 2050, and it has established various goals to meet that objective, including generating more power using renewable sources. However, despite its successes in adding more renewable electricity generation, the country has a long way to go to becoming carbon neutral in the next 35 years.

REFILE-UPDATE 3-BP investors say "no" to CEO Dudley's $20 mln pay deal

LONDON, April 14 (Reuters) - BP's shareholders have
voted against Chief Executive Bob Dudley's $20 million pay deal
for 2015, a rare investor revolt for such a major company, after
it recorded a record annual loss.

BYD in Twisted Nanjing Tale, Yingli Eyes Beijing Rescue

A new report spotlighting suspicious sales by BYD shows that last year’s EV explosion in China was fueled by people seeking to pocket government subsidies, while Yingli looks set to receive a government bailout from Beijing.

European stocks edge ahead, led by Nestle and Ferrovial

LONDON/MILAN, April 14 (Reuters) - European shares inched
higher on Thursday at the end of a choppy day, with food company
Nestle gaining after an encouraging earnings update and
Ferrovial leading the advance on a broker's upgrade.

To curb climate change, "we need to move everything" - investors

OXFORD, England, April 14 (Thomson Reuters Foundation) -
M eeting the goals of a new global agreement to tackle climate
change will require social change on an almost unprecedented
scale, sustainable investment experts said on Thursday.

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.

Photos