Energy Update

You are here

PERTH, March 9 (Reuters) - If the price of the product your company produced had just experienced a 20 percent price surge in one day, its biggest jump ever, it would be reasonable for you to be overjoyed. But maybe not if you are an iron ore miner.

LONDON, March 9 (Reuters) - Britain has signed a deal with Iran making it easier to finance exports, British Business Secretary Sajid Javid said on Wednesday, adding that the country was working with European partners to help lift "quite significant" banking restrictions.

PERTH, March 9 (Reuters) - If the price of the product your company produced had just experienced a 20 percent price surge in one day, its biggest jump ever, it would be reasonable for you to be overjoyed. But maybe not if you are an iron ore miner.

TORONTO, March 9 (Thomson Reuters Foundation) - Concerns over competing countries scrambling for resources such as oil, minerals and farmland have decreased recently due to lower commodity and food prices, a World Bank official said.

* Shares drop 10 percent on outlook (Adds material on Fugro stake, CEO comments, shares)

* Warns profits, dividends will fall further (Recasts, adds fresh CEO quote, shares)

* Domestic installed capacity likely at 53 GW by 2020 (Adds quotes, details on overseas deals)

* But slowing China economy raises concerns of stalling demand

March 9 (Reuters) - Irish oil producer Petroceltic International Plc said the country's High Court approved the appointment of Michael McAteer as the company's interim examiner.

TRIPOLI, March 9 (Reuters) - Five years after the uprising that overthrew Muammar Gaddafi, Tripoli is on edge, somewhere between peace and war.

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.