Energy Update

You are here

* Independent body to ensure bank keeps green ethos (Recasts following government announcement, adds details, background)

SAO PAULO, March 2 (Reuters) - Brazil's Supreme Court voted to accept corruption charges against lower house speaker Eduardo Cunha on Wednesday, putting him on trial for allegedly accepting bribes on contracts for two drill ships leased by state oil company Petrobras.

CALGARY, Alberta, March 2 (Reuters) - Executives at some of Canada's biggest pension funds say they are looking more closely at the oil and gas sector, attracted by low valuations, but will take a scrupulous approach to deals given the uncertain oil price outlook.

HOUSTON, March 2 (Reuters) - Aubrey McClendon, the co-founder of Chesapeake Energy Corp who led it to become one of the world's biggest natural gas producers before he was tarred by federal anti-trust charges, died on Wednesday in a car accident in Oklahoma City, police said.

March 2 (Reuters) - Former Chesapeake Energy Chief Executive Officer Aubrey McClendon died in a car accident in Oklahoma City on Wednesday, police said, one day after he was charged with conspiring to rig bids to buy oil and natural gas leases.

March 2 (Reuters) - Former Chesapeake Energy Corp Chief Executive Aubrey McClendon has died in a car accident, CNBC reported on Wednesday, citing Oklahoma City police.

VALE SHARES EXTEND GAIN TO 10 PCT ON DETAILS OF SAMARCO SETTLEMENT WITH BRAZIL AUTHORITIES

RIO DE JANEIRO, March 2 (Reuters) - Brazil's Vale SA said on Wednesday its joint venture with BHP Billiton , Samarco, had agreed to settle a civil suit with the Brazilian government for damages caused by a deadly dam spill in November.

BRASILIA, March 2 (Reuters) - Mining company Samarco agreed with the Brazilian government to pay over 24 billion reais ($6.2 billion) in damages for a deadly dam spill in November, an environment ministry memo seen by Reuters on Wednesday said.

BEIRUT, March 2 (Reuters) - Eighteen fighters were killed in a car bomb blast that hit a Syrian insurgent group in the southern province of Quneitra on Wednesday, monitors reported, and a rebel source said the attack was likely carried out by hardline Islamists.

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.