Energy Update

You are here

Home » Global Read

UPDATE 2-Oil prices fall on profit-taking, oversupply worries

* China's crude oil imports rose 13.4 pct in Q1 -customs
data

(Adds comment, China crude import data, crude oil futures
charts, updates prices)

France's Total CEO: priority in getting back into Iran is gas

PERTH, April 13 (Reuters) - The chief executive of France's
Total SA said on Wednesday that the company's priority
on getting back into Iran's energy sector was gas and
petrochemicals

China Jan-March iron ore imports +6.5 pct y/y - customs

BEIJING, April 13 (Reuters) - China's imports of iron ore
rose 6.5 percent in the first quarter of the year, the country's
customs authority said on Wednesday.

SunEdison financial woes also threaten yieldcos that hold assets

NEW YORK, April 12 (Reuters) - The prospect of a near-term
bankruptcy for solar giant SunEdison Inc also threatens
the separate companies it created to hold renewable energy
assets - the so-called "yieldcos."

UPDATE 1-Australia's Fortescue says could exceed iron ore output target

SYDNEY, April 13 (Reuters) - Australia's Fortescue Metals
Group shipped a flat 42 million tonnes of iron ore in
the March quarter, putting it on track to exceed its annual
production target, while lowering cash costs by 6 percent from
the previous quarter.

U.S. crude falls on profit taking, oversupply worries

SINGAPORE, April 13 (Reuters) - U.S. crude futures fell in
early Asian trade on Wednesday as profit taking and concern over
a larger-than-expected build in U.S. crude stocks outweighed
more positive news that Russia and Saudi Arabia had reached
consensus on an oil output cap.

Statoil awards contracts for disposal and recycling of Huldra platform

Hereema Marine Contractors Nederland will remove the platform and transport it to shore, while AF Offshore Decom has been awarded the contract for disposal and recycling of the platform.

Waste-to-energy electricity generation concentrated in Florida and Northeast

At the end of 2015, the United States had 71 waste-to-energy (WTE) plants that generated electricity in 20 U.S. states, with a total generating capacity of 2.3 gigawatts. 

With Too Much Solar, California Looks To West For Markets

Solar energy records are falling left and right in California these days, as the state steams ahead toward its ambitious renewable energy goals. But the success of solar has brought about a hidden downside: on some perfectly sunny days, solar farms are being told to turn off.

Warnings of Southern California blackouts called misleading

LOS ANGELES, April 12 (Reuters) - California energy
officials intent on reopening a major natural gas storage field
idled by the country's worst-ever methane leak have resorted to
scare tactics in raising the prospect of looming power outages
in Los Angeles, utility critics said on Tuesday.

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