Energy Update

You are here

Home » Global Read

COLUMN-Saudi reform efforts wax and wane with oil revenues: Kemp

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

E.ON, Age UK to scrap energy tariff amid regulatory probe

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.

India's Essar Oil says Rosneft stake buy in advanced due diligence

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.

UPDATE 1-Oil bull Hall's fund down 4 pct in Jan after annual loss in 2015

Feb 9 (Reuters) - Closely followed oil bull Andy Hall said his Astenbeck Capital Management lost 4 percent in January as weak global markets extended last year's gloom that cost the hedge fund its biggest- ever annual loss of 36 percent, according to monthly data from the fund.

UPDATE 2-Indonesia mines ministry backs new Freeport copper export permit

* Trade ministry still needs to issue permit (Adds Freeport comment)

Kuwait's KPC to sell loss-making assets to cut costs -KUNA

KUWAIT, Feb 9 (Reuters) - State-run Kuwait Petroleum Corp (KPC) plans to sell loss-making assets to cut costs as low oil prices pressure its finances, state news agency KUNA reported on Tuesday.

REFILE-WPX Energy to sell Colorado assets for $910 mln

Feb 9 (Reuters) - Oil and gas producer WPX Energy Inc said it would sell natural gas assets in Colorado's Piceance basin for $910 million to boost liquidity amid a prolonged slump in oil prices.

RPT-Canadian energy companies sell "jewels" to keep oil sands afloat

CALGARY, Alberta, Feb 9 (Reuters) - Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects.

UPDATE 1-RWE makes complaint to Croatia over local rival

ZAGREB, Feb 9 (Reuters) - The Croatian arm of German utility RWE has filed a complaint to the Croatian government accusing state-controlled rival HEP of market abuse.

RWE makes complaint to Croatia over local rival

ZAGREB, Feb 9 (Reuters) - The Croatian arm of German utility RWE has filed a complaint to the Croatian government accusing state-controlled rival HEP of market abuse.

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