Energy Update

You are here

At the pace that renewable energy is growing, by 2040 the U.S. will be deriving 24 percent of its electricity from renewable energy sources, an increase from 4 percent today.

* Prisoner advocated U.S.-Iran rapprochement through business

* Coming Up: API weekly stockpile data at 4:30 p.m. (2130 GMT) (New throughout, updates prices and market activity, adds analyst comment)

Feb 9 (Reuters) - Oil and gas producer WPX Energy Inc said on Tuesday it has agreed to sell natural gas assets in Colorado's Piceance Basin for $910 million to a private firm, in a deal viewed by investors as a bright spot in the sluggish market for oil and gas properties.

NEW YORK, Feb 9 (Reuters) - U.S. oil and gas pipeline companies including Williams Companies Inc and Kinder Morgan Inc have contracts worth billions of dollars that might be at risk as Chesapeake Energy Corp aims to slash its debts amid collapsing energy prices.

TORONTO, Feb 9 (Reuters) - Canada's main stock index on Tuesday fell to its lowest since late January, again weighed down by bank and energy company shares as investors globally retreat from equity markets.

LONDON, Feb 9 (Reuters) - "The GCC governments and peoples should realise that the boom period is over.

LONDON, Feb 9 (Reuters) - Utility E.ON and charity Age UK are scrapping an energy payment plan which is being examined by British regulators after a newspaper said it over-charged elderly customers.

MUMBAI, Feb 9 (Reuters) - Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday.

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.