Energy Update

You are here

Home » Global Read

WIDER IMAGE-Oil slump has uneven impact on global prices at the pump

PHILADELPHIA/KHOBAR, Saudi Arabia, March 4(Reuters) - A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe - from hefty savings at the pump in the United States to a rare fuel price hike in Venezuela.

Two Italian hostages freed in Libya -source close to matter

ROME, March 4 (Reuters) - Two Italian civilians held hostage in Libya since last July have been freed, a source close to the matter said on Friday, a day after two other captives were reported to have been killed in the north African state.

Plastics group Borealis 2015 profit hits record

VIENNA, March 4 (Reuters) - Net profit at Austrian plastics and fertiliser maker Borealis jumped 73 percent to 988 million euros ($1.1 billion) in 2015, boosted by better margins and the start-up of its Borouge 3 plant in Abu Dhabi.

Hanergy appoints CICC to find strategic investor-sources

* HTF attempts to find one on its own for past 6 months - source

Rally in metals boost UK mining index to 4-month high

LONDON, March 4 (Reuters) - Britain's FTSE 350 Mining index climbed to a four-month high on Friday, with a rally in prices of major industrial metals boosting shares in companies such as Glencore, Anglo American and BHP Billiton.

OMV says head of supervisory board Oswald to step down

VIENNA, March 4 (Reuters) - Austrian energy group OMV said on Friday that the head of its supervisory board, Peter Oswald, will resign on May 18.

South Korea expects record coal demand in 2016

SEOUL, March 4 (Reuters) - An increase in the number of coal-fired power plants starting operations this year will likely drive record coal demand in South Korea, despite the country's pledge to curb greenhouse gas emissions at last year's Paris climate summit.

Facing record oversupply, U.S. oil looks for a home in Europe

LONDON, March 4 (Reuters) - As U.S.

Kuwait refines oil pricing in battle for European customers

DUBAI/LONDON, March 4 (Reuters) - Gulf OPEC member Kuwait has changed the way it prices oil for Europe, trading sources said, in a rare tactical move aimed at making its crude more competitive as the battle for customers between OPEC and non-OPEC rivals intensifies.

Growth in domestic natural gas production leads to development of LNG export terminals

(Fri, 04 Mar 2016) The first export shipment of liquefied natural gas (LNG) produced in the Lower 48 states on February 24 is a milestone reflecting a decade of natural gas production growth that has put the United States in a new position in worldwide energy trade.

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