Energy Update

You are here

Home » Global Read

UPDATE 2-Williams sues ETE and CEO Warren over share offering

April 6 (Reuters) - Williams Companies Inc has sued Energy Transfer Equity LP and its Chief Executive Kelcy Warren to block a controversial private preferred share offering ETE made to its top investors last month, saying it was against the terms of their merger agreement.

UPDATE 1-U.S. crude inventories unexpectedly fall from record high; refiners in overdrive

April 6 (Reuters) - U.S. crude oil inventories unexpectedly fell from record highs last week as refineries continued to hike output and imports fell, while gasoline stocks rose, snapping a six-week decline, data from the Energy Information Administration showed on Wednesday.

REFILE-UPDATE 2-UK's Coryton oil storage terminal opens as glut grows

LONDON, April 6 (Reuters) - The Thames Oilport terminal near London opened on Wednesday after nearly four years of development, at a time when a global oil glut and a collapse in fuel prices are making storage an attractive investment.

CORRECTED-UPDATE 1-China grants refiners additional fuel export quota of over 14 mln T

(Corrects in second graph to say kerosene volume and corrects figure to 5.35 million tonnes

UPDATE 3-Glencore sells agri unit stake for $2.5 bln to Canadian pension fund

* Shares initially up 2.2 pct but retreat to be down 4.5 pct (Adds shareholder and analyst quotes)

Reuters Business News Schedule at 1230 GMT/0830 AM ET

Pfizer and Allergan scrap $160 bln deal after U.S.

UPDATE 1-Bulgaria's anti-monopoly watchdog raids fuel retailers offices

SOFIA, April 6 (Reuters) - Bulgaria's anti-monopoly watchdog raided the offices of two fuel retailers as part of an investigation into the country's only oil refinery and seven fuel retailers for possible cartel agreements to fix prices of petrol and diesel.<

India crude import policy overhaul gives state refiners leeway

NEW DELHI, April 6 (Reuters) - India's cabinet on Wednesday agreed to let state-owned oil refiners devise their own crude import policies so they can secure cheaper oil cargoes in an oversupplied market and improve profitability.

WIDER IMAGE-In Chernobyl nuclear zone, animals thrive without humans

CHERNOBYL EXCLUSION ZONE, Belarus, April 6 (Reuters) - What happens to the environment when humans disappear? Thirty years after the Chernobyl nuclear disaster, booming populations of wolf, elk and other wildlife in the vast contaminated zone in Belarus and Ukraine provide a clue.

UPDATE 1-Chevron's $3 bln Asian geothermal assets to draw global suitors-sources

* Bids due later this month (Add more comments, details of the sale)

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