Energy Update

You are here

NEW YORK, March 2 (Reuters) - Jeffrey Sprecher has defined his career by buying up rivals of Intercontinental Exchange Inc, the company he founded as an upstart in 2000.

WASHINGTON, March 2 (Reuters) - A wing of the U.S. Department of Energy focused on breakthrough technologies may soon give billionaire entrepreneur Elon Musk's most recent foray into energy storage a run for its money, the unit's director said.

TOKYO, March 2 (Reuters) - Japan's Marubeni Corp and Egypt's El Sewedy Electric have agreed with Egypt's state-run electricity utility to conduct a feasibility study into the construction of a coal-fired power plant in Egypt.

NEW DELHI, March 2 (Reuters) - India's plan to levy an additional tax of 4 percent on large cars will apply irrespective of the fuel used, the country's auto industry body said on Wednesday.

* Coming up: EIA weekly supply report, 1530 GMT (Updates prices, adds quotes; changes dateline from TOKYO)

* South Korea to increase Iran oil imports as sanctions lifted * Iran in talks to lease oil storage in South Korea * Hanwha Total mulls resuming Iranian condensate imports (Adds that Iran could lease oil storage in South Korea) By Rebecca Jang SEOUL, March 2 (Reuters) - South Korea plans to boost imports of Iranian oil, especially condensate, this year to meet growing demand after sanctions on the Islamic nation were lifted in January. The world's fifth largest importer of

* Gains by pro-Rouhani camp are big blow to anti-Western hawks

London’s streets were rumored to be paved with gold, once upon a time. Now they seem to be paved with chit-chat and hearsay regarding the future of the City’s bullion trade.

NEW YORK, March 2 (Reuters) - Jeffrey Sprecher has defined his career by buying up rivals of Intercontinental Exchange Inc, the company he founded as an upstart in 2000. Now he is at it again.

SYDNEY/WELLINGTON, March 2 (Reuters) - Australian shares rose 1.5 percent to an eight-day high on Wednesday as investors cheered data showing the domestic economy beat all forecasts to grow at its fastest in almost two years, while New Zealand stocks scaled a near two-month peak.

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.