Energy Update

You are here

Home » Global Read

Despite oil's decline, energy companies win with equity offerings

NEW YORK, March 24 (Reuters) - More than a dozen companies in the hard-hit exploration and production energy industry have announced new share offerings this year - and have generally been rewarded in the stock market for the strategy.

UPDATE 1-Indonesia may seek to remove diesel subsidies in 2016 budget revision - minister

* May seek to remove fuel subsidies wholly or partly - minister

China to halt construction on coal-fired power plants in 15 regions

BEIJING, March 24 (Reuters) - China will stop the construction of coal-fired power plants in 15 regions as part of its efforts to tackle a capacity glut in the sector, the country's energy regulator said on Thursday, confirming an earlier media report.

Vietnam vexed over Taiwan's "worthless" media trip to island

HANOI, March 24 (Reuters) - Vietnam rebuked Taiwan on Thursday for taking journalists to a disputed South China Sea island, saying the trip was "illegal and worthless" and against the international community's wishes.

Trump's tariff plan could boomerang, spark trade wars with China, Mexico

WASHINGTON, March 24 (Reuters) - Donald Trump's threats to slap steep tariffs on Chinese and Mexican imports may have won him votes in Republican primaries but they would likely backfire, severely disrupting U.S. manufacturers that increasingly depend on global supply chains.

UPDATE 1-EU helps protect UK energy supply from Russia's Putin, says pro-EU minister

LONDON, March 24 (Reuters) - Britain's membership of the European Union helps secure the country's energy supply from any possible threat by Vladimir Putin's Russia to restrict gas flows, energy minister Amber Rudd will say on Thursday.

UPDATE 1-Inpex, Shell say yet to decide on onshore option for Indonesia LNG plant

* Indonesia optimistic Inpex, Shell will stay on as Masela block investors

BUZZ-UK miners: bottom of the FTSE as dollar continues to rally

** UK miners among top losers on FTSE 100 as USD advances for a fifth straight session

UPDATE 3-U.S. oil falls after big jump in stockpiles

* OPEC, Russia oil output freeze deal may be 'meaningless' - IEA

Petra Diamonds sells exceptional pink diamond for $15 mln

March 24 (Reuters) - Petra Diamonds Ltd said on Thursday it had recovered and sold an exceptional 32.33 carat pink diamond from the Williamson mine in Tanzania for $15 million.

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