Energy Update

You are here

* Fed rate hike priced in by December (Updates to U.S. market close)

BRASILIA, March 1 (Reuters) - Samarco Mineracao SA will pay at least 20 billion reais ($5 billion) in 15 years as part of a deal with the Brazilian government to settle a lawsuit for damages caused by a deadly dam spill at a mine, a government source told Reuters on Tuesday.

MONTREAL, March 1 (Reuters) - Quebec on Tuesday filed a motion for an injunction to ensure TransCanada Corp's proposed Energy East oil pipeline complies with the Canadian province's environmental laws, another potential setback for the project.

Recent data released from Generation Hub shows that four renewable energy projects went into operation in February 2016. The 29-MW Cannelton Hydropower plant in Kentucky and the 22-MW Willow Island Hydropower plant in West Virginia both owned by American Municipal Power – Ohio (AMP) each went online in February.

HOUSTON, March 1 (Reuters) - Energy companies are dominating this year's U.S. corporate share sales, raising $7.5 billion so far this year, with Marathon Oil Corp the latest to tap the market to bolster balance sheets to weather the volatile price of oil.

* Dollar index rises to one-month high (Updates data, prices, adds quote)

SAO PAULO, March 1 (Reuters) - Executives from Brazil's second-largest engineering company, Andrade Gutierrez, have testified that the company paid suppliers for President Dilma Rousseff's 2010 electoral campaign off the books, newspaper a Folha de S.Paulo reported on Tuesday.

MOSCOW, March 1 (Reuters) - Russia's Emergency Ministry said on Tuesday that another explosion had occurred in a coal mine inside the Arctic Circle where 26 died last week, but this time no one was hurt, Russian news agencies reported.

The U.S. Department of Energy (DOE) announced today that nine teams have been named finalists in the Wave Energy Prize -- a 20-month design-build-test competition -- and will proceed to the next phase of the competition.

Renewable energy is a particularly hot issue in this year’s presidential election. At the end of 2015, the U.S. joined 195 other nations in signing a UN agreement that committed to an aggressive climate change reduction strategy.  

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.