Energy Update

You are here

COPENHAGEN, April 1 (Reuters) - Wind turbine maker Vestas has secured three turbine orders to bring this year's total intake to 1,806 megawatts (MW), the highest ever in a first quarter and continuing a strong trend from 2015.

TOKYO, April 1 (Reuters) - The biggest-ever shake-up of Japan's energy industry hit a glitch on its first day as trading was halted for eight-and-a-half hours on a new electricity product, although overall turnover on the beefed up power exchange surged 60 percent.

April 1 (Reuters) - Power producer Drax Group Plc said it expects to report core profit for 2016 towards the top end of the range of current market forecasts, after signing a year-long contract with National Grid Plc.

(Fri, 01 Apr 2016) Ethane production is expected to increase from 1.1 million barrels per day (b/d) in 2015 to 1.4 million b/d in 2017, accounting for two-thirds of total U.S. hydrocarbon gas liquid (HGL) production growth. Ethane, a key feedstock for petrochemical manufacturing, is recovered from raw natural gas at natural gas processing plants.

An anonymous leak from within the Apple corporation has revealed details about the secretive electric car project known as “Project Titan.” Previously thought to have been a passenger-carrying vehicle, the car is actually a small solar-powered iPhone delivery vehicle which operates autonomously. It appears to have been designed and built by high school students in the Solar Rollers energy education program.

SINGAPORE, April 1 (Reuters) - Oil futures fell in Asian trade on Friday as oversupply and a strengthening dollar weighed on sentiment, although another fall in U.S. oil output in January helped to limit the losses.

SEOUL, April 1 (Reuters) - Improved shipments of smartphones and steel in March helped South Korea post its slowest decline in exports for four months government data showed on Friday, but weakness in sales to China remained a worry for the world's sixth largest exporter.

MEXICO CITY, March 31 (Reuters) - Mexico's proven oil and gas reserves dropped 21.3 percent in 2015, the oil regulator said on Thursday, as the state-run oil company, Pemex, cut back on investment because of plunging crude prices.

SINGAPORE, April 1 (Reuters) - Oil futures eased in early Asian trade on Friday as oversupply and a strengthening dollar weighed on sentiment, although data showing another fall in U.S.

SHANGHAI, April 1 (Reuters) - Chinese solar panel maker Hanergy Thin Film Power Group Ltd posted a HK$12.23 billion ($1.58 billion) loss in 2015, after a tumultuous year in which the Hong Kong securities regulator launched a probe into the firm.

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.