Energy Update

You are here

Home » Global Read

Lula arrest in Brazil graft probe raises risk of Rousseff's fall

BRASILIA, March 4 (Reuters) - The implication of Brazil's ex-president Luiz Inacio Lula da Silva in a graft scandal at state oil firm Petrobras has reignited opposition hopes of unseating his successor Dilma Rousseff and increased the risk she may not finish her term.

Brazil's Rousseff denies details of reported plea bargain

SAO PAULO, March 4 (Reuters) - Brazil's President Dilma Rousseff on Friday denied details of a reported plea bargain by former ally Senator Delcidio Amaral, who purportedly tied her to a corruption scandal at state-run oil company Petroleo Brasileiro SA.<

Speculators boost U.S. natural gas net shorts for 3rd week-CFTC

March 4 (Reuters) - U.S. natural gas speculators boosted their net short positions for a third week in a row to the most so far this year as they bet prices would continue to decline on forecasts for weak heating demand for the rest of the winter.

Speculators boost U.S. natural gas net shorts for 3rd week -CFTC

March 4 (Reuters) - U.S.

Excelerate Energy reduces size of its LNG trading desk

LONDON/MILAN, March 4 (Reuters) - U.S. gas shipping company Excelerate Energy has laid off six staff on its global liquefied natural gas (LNG) trading desk as part of a reorganisation, a spokeswoman at the company said on Friday.

Brazil's Rousseff dismayed at police questioning of Lula

BRASILIA, March 4 (Reuters) - Brazil's President Dilma Rousseff expressed her total disagreement with the police questioning of her political mentor and predecessor, former President Luiz Inacio Lula da Silva, on Friday, calling it unnecessary after his voluntary testimony.

Arrest of Lula, hero to millions, in corruption probe stuns Brazil

RIO DE JANEIRO, March 4 (Reuters) - Rising from a shoeshine boy to become Brazil's first working class president, Luiz Inácio Lula da Silva is a hero to millions of Brazilians and the very face of change in Latin America's biggest country.

BELECTRIC Begins Production of Energy Storage for Grid Frequency Response in Germany

U.K.-based BELECTRIC said on March 1 that it has begun volume production of its energy buffer unit (EBU) energy storage system for use in frequency regulation projects in the German transmission network this year.

Lula says police questioning shows disrespect for Brazil democracy

SAO PAULO, March 4 (Reuters) - Former Brazilian President Luiz Inacio Lula da Silva said on Friday a police operation searching his home and bringing him in for questioning showed disrespect for democracy, creating a media circus instead of a serious investigation.

UPDATE 1-U.S. oil drillers cut rigs for 11th week in a row -Baker Hughes

(Adds total rig and natural gas rig count) March 4 (Reuters) - U.S. energy firms this week cut oil rigs for an 11th week in a row to the lowest level since December 2009, data showed on Friday, as Exxon Mobil Corp and other producers slashed their drilling rig count to focus on uncompleted wells amid low oil prices. Drillers removed eight oil rigs in the week ended March 4, bringing the total rig count down to 392, oil services company Baker Hughes Inc said in its closely followed rep

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