Energy Update

You are here

Home » Global Read

Namibia aims to pass new mining empowerment laws by April 2017-minister

CAPE TOWN, Feb 11 (Reuters) - Namibia wants new laws passed within a year compelling mining firms to have a minimum 20 percent stake reserved for the black majority, before issuing or renewing prospecting and mining licences as part of an empowerment drive to fight poverty, the mines minister said on Thursday.

SE Asia economies set for squeeze as big firms line up spending cuts

BENGALURU/HONG KONG, Feb 11 (Reuters) - As profits sag and debt mounts, more Southeast Asian firms are set to join the likes of Malaysian oil giant Petronas in cutting capital expenditure, casting a cloud over economic growth in a region better known as a development hotspot.

CORRECTED-RPT-COLUMN-Australia's tough miners want government help; shouldn't get it: Russell

LAUNCESTON, Australia, Feb 10 (Reuters) - - When the going gets tough, the tough ask for tax relief.

Initial production rates in tight oil formations continue to rise

(Thu, 11 Feb 2016) Tight oil production in the United States increased from 2007 through April 2015, based on estimates in EIA's Drilling Productivity Report (DPR), and made up more than half of total U.S. oil production in 2015. Tight oil growth has been driven by increasing initial production rates from tight wells in regions analyzed in the DPR. As drilling techniques and technology improve, producers are able to extract more oil during the initial months of production from new wells.

COLUMN-Iron ore's false bull rally to plummet back to reality: Russell

LAUNCESTON, Australia, Feb 11 (Reuters) - - When is a bull market not a bull market?

UPDATE 2-Oil prices fall on U.S. storage glut, ongoing economic woes

* Brent premium over WTI reflects U.S. oversupply- Phillip Futures

EIG Pacific Holdings extends deadline for Pacific E&P tender offer

NEW YORK, Feb 10 (Reuters) - Investment firm EIG Pacific Holdings Ltd said on Wednesday it had extended the deadline and changed some terms for its offer to buy nearly all the debt of Colombia's largest private oil producer, Pacific Exploration & Production Corp..

UPDATE 4-U.S. can still hit climate goals despite Supreme Court pause, White House says

WASHINGTON, Feb 10 (Reuters) - The White House vowed Wednesday that the United States would still meet international commitments to cut carbon emissions, seeking to allay concerns that the Supreme Court might take away one of its main weapons against climate change.

U.S. crude oil prices fall as inventories hit record high

SINGAPORE, Feb 11 (Reuters) - U.S. crude prices dipped in early Asian trading on Thursday as oil storage levels hit record highs, and Goldman Sachs said prices would remain low and volatile until the second half of the year.

U.S. high court emissions ruling won't deter clean energy drive

WASHINGTON, Feb 10 (Reuters) - The U.S.

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