Energy Update

You are here

* Accelerates asset sales, deepens investment cuts (Adds Repsol statement)

LOS ANGELES, Jan 27 (Reuters) - A California utility failed to protect residents from the largest methane leak in state history at its natural gas field near Los Angeles, a regional pollution watchdog said in a lawsuit filed against the company.

PARIS, Jan 27 (Reuters) - Iranian President Hassan Rouhani told French business leaders on Wednesday that Iran was open for investment as he started a visit in France to revive business ties despite diplomatic differences.

MADRID, Jan 27 (Reuters) - Spanish oil company Repsol wrote down the value of its oil reserves by 2.9 billion euros ($3.2 billion) on Wednesday due to a steep fall in energy prices, a move which it said would mean it would record a net loss of 1.2 billion euros for 2015.

WASHINGTON, Jan 27 (Reuters) - France has asked the European Union to consider new sanctions on Iran over recent missile tests, the Associated Press reported on Wednesday, citing unnamed officials.

Jan 27 (Reuters) - Oil producer Hess Corp lost less money than expected in the fourth quarter as it managed to cut costs to weather the low-price storm that has battered the entire energy industry.

* Crude exports still tough as ship insurance problematic (Adds NIOC source, context)

Jan 25 (Reuters) - David Einhorn's hedge fund Greenlight Capital said it has been in talks with SunEdison Inc regarding a board seat and that it is looking to sell the solar company's assets or even the company itself.

Jan 25 (Reuters) - David Einhorn's hedge fund Greenlight Capital said it has been in talks with SunEdison Inc for a board seat and seeks to make some changes at the company, including sales of assets or even the company.

OTTAWA, Jan 27 (Reuters) - The Canadian government will unveil new rules for environmental reviews of major energy projects later on Wednesday, Natural Resources Minister Jim Carr told reporters.

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.