Energy Update

You are here

Home » Global Read

Adani wins state approval for Australian coal project

SYDNEY, April 3 (Reuters) - India's Adani Enterprises Ltd was on Sunday granted approval by Australia's Queensland state government to proceed with a proposed A$10 billion ($7.7 billion) project in the Galilee Basin.

Nigeria's oil company offers to discuss revenue retention claims - NRGI

LAGOS, April 2 (Reuters) - Nigeria's state oil company has offered to talk to an international watchdog that says it failed to hand over billions of dollars in oil revenues despite government promises to tackle mismanagement and corruption.

Guards killed in attack on Libyan oil field by suspected IS militants - spokesman

BENGHAZI, Libya, April 2 (Reuters) - Two guards were killed in an attempted attack on an oil field in eastern Libya by suspected Islamic State militants on Saturday, a guards spokesman said.

PDVSA says supports Venezuela soccer team, denies lack of funding

CARACAS, April 2 (Reuters) - Venezuelan State-run oil company PDVSA said on Saturday its support for the national soccer team had never waned, rebuffing comment from the country's soccer federation (FVF) that it hadn't paid any of the agreed sponsoring money last year.

UPDATE 2-Libyan oil firm NOC says will work with new unity government to rebuild economy

TRIPOLI, April 2 (Reuters) - Libya's National Oil Corporation said on Saturday it was working with the U.N.-backed unity government, which arrived in Tripoli this week, to coordinate future oil sales and "put a period of divisions and rivalry behind us".

UPDATE 1-Russian oil output highest in 30 years ahead of Doha meeting

* Russian March oil output up to 10.91 mln bpd * Leading producers to meet in Doha to discuss output freeze * Small firms behind output rise, majors' output falls (Writes through) By Vladimir Soldatkin MOSCOW, April 2 (Reuters) - Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April.

UPDATE 1-Mexico plans fresh budget cuts in 2017 as oil slump bites

MEXICO CITY, April 1 (Reuters) - Mexico's finance ministry on Friday said it plans further spending cuts next year, as weak oil prices pile pressure on a budget that has had billions of dollars sucked from it since the start of 2015.

UPDATE 2-SunEdison preparing to file for bankruptcy protection -WSJ

April 1 (Reuters) - Struggling solar developer SunEdison Inc is planning to file for bankruptcy protection in the coming weeks, The Wall Street Journal reported on Friday, citing people familiar with the matter.

CANADA STOCKS-TSX falls as oil slump hurts energy stocks; BlackBerry tumbles

* Six of the TSX's 10 main groups down; energy off 2.6 percent

UPDATE 1-Iraqi PM Abadi's nominee as oil minister withdraws candidacy

BAGHDAD, April 1 (Reuters) - The nominee for the post of oil minister in Iraqi Prime Minister Haider al-Abadi's proposed cabinet, Nizar Saleem Numan, who is a Kurd, withdrew his candidacy on Friday apparently because he had not been formally put forward by the main Kurdish groups.

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