Energy Update

You are here

WASHINGTON, March 29 (Reuters) - Massachusetts is launching an investigation into whether Exxon Mobil Corp misled investors and the public about the risks of climate change, state Attorney General Maura Healey said on Tuesday.

NEW YORK, March 29 (Reuters) - BlackRock Inc is planning to unveil a new U.S.-listed exchange-traded fund that will invest in all areas of the junk-bond market except the tattered energy sector, the asset manager said in a regulatory filing this week.

FRANKFURT, March 29 (Reuters) - Russia's Gazprom on Tuesday offered E.ON a price cut on its long-term gas supplies, ending years of unsuccessful talks and allowing the German utility to raise its outlook for the current year.

March 29 (Reuters) - Britain's Serious Fraud Office (SFO) charged the UK president of French engineering company Alstom with offences of corruption and conspiracy to corrupt in connection with some train contracts with the Budapest Metro.

The U.S., with low-priced natural gas, is an anomaly. In much of the world, gas is expensive. So in sun-drenched Africa, Concentrated Solar Power (CSP) with its cheap thermal energy storage is competitive.

MOSCOW, March 29 (Reuters) - Russia's arms exports totalled $14.5 billion last year, more than originally planned, Russian news agencies quoted President Vladimir Putin as saying on Tuesday.

PARIS, March 29 (Reuters) - France is tightening its anti-corruption laws to clean up its image after several French companies were slapped with huge fines abroad, with planned reforms including greater protection for whistleblowers and a new anti-corruption agency.

ALGIERS, March 29 (Reuters) - France said on Tuesday it was urgent for Libyan factions to set up a new U.N.-backed national unity cabinet to end factional anarchy and help stop any expansion of Islamic State militants in the North African country.

DUBAI, March 29 (Reuters) - Saudi Arabia's stock market fell sharply on Tuesday as petrochemical stocks sagged and the central bank reported weak economic data, but most major markets in the region gained.

YENAGOA, Nigeria, March 29 (Reuters) - Three people were killed and several wounded when an oil pipeline belonging to Italy's ENI exploded during repair works in Nigeria's southern Delta region, an environmental group 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.