Energy Update

You are here

Home » Global Read

Brazil senator's plea bargain implicates Rousseff, Lula -media

BRASILIA, March 3 (Reuters) - Brazilian ruling party Senator Delcido do Amaral, arrested in November on obstruction of justice charges, has agreed to a plea bargain implicating President Dilma Rousseff and ex-President Luiz Inacio Lula da Silva in the Petrobras graft scandal, local media reported on Thursday.

Jewell Pushes US Interior Budget that Stresses Renewable Energy

Interior Secretary Sally Jewell appeared before the House Committee on Natural Resources on March 1 to discuss President Obama’s $13.4bn Interior Department budget proposal for FY 2017.

Algeria's Sonatrach awards Japan's GJC deal at Hassi Messaoud oilfield

ALGIERS, March 3 (Reuters) - Algeria's state energy company Sonatrach has awarded Japanese firm GJC a $339 million contract to help increase production at its largest oilfield in Hassi Messaoud, according to an internal Sonatrach document seen by Reuters on Thursday.

Lawmaker to Propose Extending Credit to Spur US Offshore Wind

U.S. Senator Edward J. Markey plans to introduce legislation “soon” to extend a federal tax credit that will spur wind farm development in coastal waters.

Oil exports via Baku-Tbilisi-Ceyhan pipeline drop 2.2 pct in Jan-Feb

BAKU, March 3 (Reuters) - Oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey totalled 4.6 million tonnes in January-February, down 2.2 percent from the same period last year, Azeri state energy company SOCAR said on Thursday.

EU seen approving weed-killer ingredient glyphosate amid cancer row

BRUSSELS, March 3 (Reuters) - The European Union is expected to extend approval next week for weed-killer ingredient glyphosate, used in many herbicides including Monsanto's Roundup, despite a dispute between EU and U.N. agencies over whether it causes cancer.

Vitol seeks partner in VTTI oil storage business -sources

LONDON, March 3 (Reuters) - Vitol, the world's top oil trader, is looking to sell a stake in wholly owned storage company VTTI, in a bid to cash in on one of its most profitable businesses in the current downturn in crude prices, several banking and industry source said on Thursday.

Almost 100 Million Homes May Run Only on Solar by 2020

Almost 100 million households worldwide may be powered by solar panels by 2020, according to Bloomberg New Energy Finance.

Iran hopes to raise March oil exports on higher European sales - sources

NEW DELHI/DUBAI, March 3 (Reuters) - Iran, OPEC's No. 3 producer, is expected to raise its oil exports in March to around 1.65 million barrels per day from 1.5 million bpd a month earlier on the back of higher crude shipments to Europe, two industry sources told Reuters on Thursday.

Thai Oil says new LAB, power plants to boost 2016 margins

BANGKOK, March 3 (Reuters) - Thai Oil Pcl, Thailand's top oil refiner, said on Thursday it had started operations at the country's first linear alkyl benzene (LAB) plant in late February and that it should help boost margins this year.

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