Energy Update

You are here

BEIJING/TOKYO, Feb 16 (Reuters) - China rapped Australian Foreign Minister Julie Bishop on Tuesday ahead of her visit to Beijing after she said Australia recognised the Philippines' right to seek arbitration in its dispute with Beijing over the South China Sea.

DOHA, Feb 16 (Reuters) - The oil ministers of Venezuela, Iraq and Iran will meet in Tehran on Wednesday to discuss an agreement to freeze producers' output at January levels, Venezuela's oil minister said on Tuesday.

DOHA, Feb 16 (Reuters) - Freezing oil producers' output will be adequate to improve the oil market, Saudi Arabian Oil Minister Ali al-Naimi said on Tuesday.

LONDON, Feb 16 (Reuters) - Brent crude oil futures pared gains on Tuesday after Qatar's energy minister said his country had agreed to freeze output at January's levels, together with Saudi Arabia, Russia and Venezuela.

JOHANNESBURG, Feb 16 (Reuters) - Anglo American plans to completely exit its coal business, Chief Executive Mark Cutifani said on Tuesday as part of strategic changes to cope with a global commodities rout.

JOHANNESBURG, Feb 16 (Reuters) - Global miner Anglo American on Tuesday said it planned to sell Kumba Iron Ore as it posted a decline in full-year profit amid a plunge in commodity prices.

BEIJING, Feb 16 (Reuters) - China produced 16,100 new energy vehicles in January, a 144 percent increase from a year earlier, the Ministry of Industry and Information Technology said on Tuesday.

(Tue, 16 Feb 2016) The Energy Minister and Secretaries from Canada, Mexico, and the United States are launching a framework for sharing energy information for North America, hosted at www.nacei.org. The website can be displayed in English, French, and Spanish and has links to all three countries' energy statistical agencies.

TOKYO, Feb 16 (Reuters) - Australian Foreign Minister Julie Bishop said on Tuesday she will seek clarification from China about how it intends to use reclaimed islands in the South China Sea, including whether Beijing intends to grant access to other countries.

Feb 15 (Reuters) - Paragon Offshore Plc said on Monday the vast majority of its debtholders have agreed to sign its Plan Support Agreement (PSA), as part of its "first day" motions with a U.S. bankruptcy court to facilitate normal operations during its bankruptcy process.

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.