Energy Update

You are here

Home » Global Read

Statoil cancels contract with sub-leased rig

Statoil has decided to cancel the contract with Maersk Gallant.

China sends missiles to contested South China Sea island -Fox News

WASHINGTON, Feb 16 (Reuters) - The Chinese military has deployed an advanced surface-to-air missile system to one of its contested islands in the South China Sea, Fox News reported on Tuesday, citing civilian satellite imagery.

UPDATE 3-Buffett's Berkshire raises oil bet with Kinder Morgan stake

Feb 16 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a new investment in pipeline operator Kinder Morgan Inc, boosting its bet on the oil industry as crude prices hover near 12-year lows.

Oil-producing nations retreat from Korean, Japanese stocks

* Sovereign wealth funds suspected selling Japan shares in Jan

UPDATE 1-Canada's British Columbia projects budget surplus, take aim at housing

VICTORIA, British Columbia, Feb 16 (Reuters) - British Columbia on Tuesday projected a budget surplus of C$264 million in fiscal 2016-17, the province's fourth consecutive balanced budget under the ruling Liberals, and unveiled measures to boost affordability in Vancouver's hot housing market.

Oil leak at Kuwaiti oil field dig, no gas leak recorded- agency

DUBAI, Feb 17 (Reuters) - Workers are trying to fix a leak at a site where an oil well is being dug in northern Kuwait, state news agency KUNA reported early on Wednesday.

Nabors Industries posts smaller quarterly loss

Feb 16 (Reuters) - Contract driller Nabors Industries Ltd posted a smaller quarterly loss compared with a year earlier, when it had taken a $1.01 billion impairment charge.

UPDATE 1-Hedge funds piled into SunEdison ahead of share plunge

NEW YORK, Feb 16 (Reuters) - Top U.S. hedge fund management firms, including Visium Asset Management and Sand Grove Capital Management, took stakes in renewable energy company SunEdison Inc during the fourth quarter.

Berkshire boosts oil bet with Kinder Morgan stake

Feb 16 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Tuesday disclosed a new investment in pipeline operator Kinder Morgan Inc, boosting its bet on the oil industry as prices hover near lows not seen in more than a decade.

Oklahoma calls for more disposal wells to shut after quake

OKLAHOMA CITY, Feb 16 (Reuters) - Oklahoma's oil and gas regulator released a wide-ranging plan on Tuesday to scale back use of wastewater injection wells in western Oklahoma, just days after a 5.1 magnitude quake rocked the state.

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