Energy Update

You are here

Home » Global Read

COLUMN-World trade slowdown hits fuel prices at the bottom of the barrel: Kemp

LONDON, Jan 27 (Reuters) - Growth in world trade is slowing as the slump in commodity prices and a faltering economy in China combine to restrict shipments of manufactured items and raw materials around the globe.

Algeria suspends flights to Libya - aviation authority

ALGIERS, Jan 27 (Reuters) - Algeria has suspended flights to Tripoli, a few days after it detained hundreds of Moroccans trying to travel to Libya having arrived at the international airport in the capital Algiers.

RPT-COLUMN-Australia, Brazil boost China iron ore import share, but not enough: Russell

LAUNCESTON, Australia, Jan 27 (Reuters) - - Iron ore heavyweights Australia and Brazil are gaining market share in top buyer China, but aren't quite destroying their smaller rivals as quickly as they need to.

RPT-February snow could dig into sky-high U.S. fuel inventories

NEW YORK, Jan 26 (Reuters) - The blizzard that battered the U.S. East Coast over the weekend may be just a taste of what is to come, as February is usually the snowiest month and is likely to be snowier this year because of the El Nino weather phenomenon, weather experts say.

In coal-powered China, electric car surge fuels fear of worsening smog

BEIJING, Jan 27 (Reuters) - Automakers' latest projections for rapid growth of China's green car market have added to concerns of worsening smog as the uptake of electric vehicles powered by coal-fired grids races ahead of a switch to cleaner energy.

UPDATE 2-Qatar emir names new foreign minister in cabinet reshuffle

DOHA, Jan 27 (Reuters) - Qatar's emir issued a decree on Wednesday replacing the foreign minister and merging some portfolios, state news agency QNA reported, in what was seen as a move to consolidate his power and cut costs after the sharp drop in oil prices.

Ophir says William Schrader to replace Nicholas Smith as chairman

Jan 27 (Reuters) - Oil and gas explorer Ophir Energy Plc said its Chairman Nicholas Smith will retire from April 30, and that William Schrader would replace him.

MIDEAST STOCKS-Saudi, Egypt rise as Brent settles above $30

DUBAI, Jan 27 (Reuters) - Bourses in Saudi Arabia and Egypt rose in early trade on Wednesday as investors, encouraged by signs that Brent crude may settle above $30 a barrel, moved back into a market that has been hit hard by weak oil prices this year.

BUZZ-Oil cos: another day of target cuts

** Oil cos take another beating as prices hover near $30, and analysts at Credit Suisse cut target prices

UPDATE 2-BASF warns on 2015 earnings as oil fall forces writedown

* Shares down 2.8 percent (Adds share price indication, Moody's comment, further details)

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