Energy Update

You are here

Home » Global Read

COLUMN-Zinc shines amid the gloom but what lurks in New Orleans? Andy Home

LONDON, Feb 5 (Reuters) - Zinc is the stand-out amid the general industrial metals gloom right now.

RPT-After rapid growth, U.S. energy MLPs running out of road

NEW YORK, Feb 5(Reuters) - Investment vehicles that funneled more than $100 billion into U.S. pipelines, storage and other facilities during the shale boom now face an existential crisis after oil tumbled so low that it upended assumptions about risks and returns they offer.

Vinci eyes Latam motorways, Iran airports for expansion abroad

PARIS, Feb 5 (Reuters) - France's Vinci is looking at opportunities to grow in concessions in Latin America and in oil and gas and infrastructures in Iran, as it further expands abroad to counter weak growth at home, its chief executive said on Friday.

Loss-making oil fields unlikely to be shut willingly - Wood Mackenzie

LONDON, Feb 5 (Reuters) - Even as millions of barrels of oil are pumped at a loss at current prices, only a fraction of the production has been shut, industry research group Wood Mackenzie said on Friday.

EU to miss sugar export quota in 2015-16

The EU will likely miss its export quota for the 2015-16 season due to lower output, according to Sopex, a UK-based sugar trading company. Sopex analysts forecast EU exports to be less than 1 million mt, which is less than the 1.35 million mt established in line with WTO rules.

UPDATE 2-Germany's RWE CEO Terium to switch jobs, head new entity

* RWE says can't rule out impairments (Adds analyst's comment, context)

UPDATE 1-BG profits slip on weak prices before takeover by Shell

* BG beats 2015 production target thanks to Brazil, Australia

Commodity slump piles pressure on Japan trading firms, oil refiners

TOKYO, Feb 5 (Reuters) - Plunging commodity prices are expected to drive losses of around $13 billion on assets held by Japanese trading houses, oil refineries and steelmakers in the current financial year, dealing another blow to a government push to reignite growth.

Russian Economy Minister says 2016 privatisation list to be approved soon

MOSCOW, Feb 5 (Reuters) - Russian Economy Minister Alexei Ulyukayev said on Friday that a list of companies slated for privatisation in 2016 would be approved within days.

BG profits slip as weak prices eat into revenue

LONDON, Feb 5 (Reuters) - Britain's BG Group, in its final results update ahead of its takeover by Shell, said on Friday core earnings fell 22 percent in the fourth quarter as low energy prices ate into profits.

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