Energy Update

You are here

WASHINGTON, April 5 (Reuters) - The Obama administration is open to renewing the Iran Sanctions Act, which expires at the end of 2016, if it does not interfere with the international nuclear agreement with Tehran, U.S.

SAO PAULO, April 5 (Reuters) - Brazil's Vice President Michel Temer will step aside as the head of the Brazilian Democratic Movement Party (PMDB) that withdrew from the ruling coalition last week, ceding leadership of the group to his deputy Senator Romero Juca, Globonews reported on Tuesday.

DUBAI, April 5 (Reuters) - Most of the Gulf's stock markets retreated on Tuesday as investors looked ahead to the first-quarter earnings reporting season, which is now starting, while Egypt rose.

* Kuwait official sees higher average prices in second half (Adds quote, more source comments, details)

April 5 (Reuters) - Energy and mining company Freeport-McMoRan Inc said the chief executive of its oil and gas unit, Jim Flores, is stepping down, as the company restructures its business to cut costs.

LAGOS, April 5 (Reuters) - Angry motorists queued overnight at petrol stations across Nigeria and lines of cars blocked traffic in the commercial capital Lagos on Tuesday as the worst fuel shortages for years hit Africa's top oil producer.

The village mini-grid systems deployed will utilize more than 7.5MWp of photovoltaic panels, 45MWh of Fluidic Energy Advanced Energy Storage products, connections and pre-pay billing systems.The project will provide reliable and clean electricity for the first time to more than 400,000 people in rural areas of .This is one of the largest off-grid rural electrification projects on the continent of , and demonstrates the commitment of the Republic of Government to increase the national electrif

April 5 (Reuters) - Energy and mining company Freeport-McMoRan Inc said the chief executive of its oil and gas unit, Jim Flores, is stepping down as the company restructures the business.

PAU, France, April 5 (Reuters) - Oil and gas companies must make further serious cost cuts and should work together to generate further savings to weather the current difficult downturn, Total's executive Arnaud Breuillac said on Tuesday.

* Writedowns widen on growing pessimistic views on oil prices

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.