Energy Update

You are here

BRASILIA, March 12 (Reuters) - Brazilian President Dilma Rousseff's main coalition partner served notice on Saturday that it could break from her embattled Workers' Party government in 30 days and join opposition efforts to unseat the leftist leader.

BEIJING, March 12 (Reuters) - China's January-February implied oil demand rose 0.6 percent from the same period a year earlier to 10.51 million barrels per day (bpd), according to Reuters calculations based on preliminary government data.

BEIJING, March 12 (Reuters) - China's January-February refinery throughput rose 4.6 percent compared to the same period a year earlier to 87.08 million tonnes, or 10.59 million barrels per day (bpd), data from the National Bureau of Statistics showed on Saturday.

BEIJING, March 12 (Reuters) - China's January-February natural gas output rose 5.7 percent compared with the same period a year earlier to 25.1 billion cubic metres (bcm), data from the National Bureau of Statistics showed on Saturday.

BRASILIA, March 11 (Reuters) - Graft money skimmed from overpriced contracts to build the Belo Monte hydroelectric dam in the Amazon funded President Dilma Rousseff's 2010 and 2014 election campaigns, a ruling Workers' Party senator has testified according to newsweekly IstoE.

LIMA, March 11 (Reuters) - Brazilian engineering group Odebrecht handed management of its $5 billion natural gas pipeline project in Peru to its junior partners to protect the project from any impact of a massive corruption inquiry in Brazil, the company said Friday.

* CEO says risks surmountable, sees investment decision soon (Adds details from CEO letter)

ACAPULCO, Mexico, March 11 (Reuters) - BlackRock Inc Chief Executive Officer Larry Fink said on Friday that China may be the biggest hurdle to global financial markets and that central bankers are adding to risks with negative-interest rate policies.

BRASILIA, March 11 (Reuters) - Brazil's President Dilma Rousseff rejected calls for her resignation on Friday amidst a political storm deepened by a massive corruption scandal and blamed her opponents for causing a crisis that has hurt the Brazilian economy.

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.