Energy Update

You are here

Home » Global Read

Putin's top security adviser says U.S. is after Russia's minerals

MOSCOW, Jan 26 (Reuters) - The head of Russia's Security Council said in a newspaper interview published on Tuesday that the United States wanted a weakened Russia so as to gain access to its vast mineral resources.

Canada energy regulator is monitoring pipelines poorly: watchdog

OTTAWA, Jan 26 (Reuters) - Canada's energy regulator is doing a poor job of monitoring pipeline firms, an official watchdog said on Tuesday in a report that could bolster support for government plans to reform how major oil and gas projects are approved.<

Oil stocks to grow through 2016 as balance remains out of reach

ANTWERP, Belgium, Jan 26 (Reuters) - Oil markets will fail to balance until as late as 2017, industry figures said on Tuesday, as increased production from OPEC offsets any decline from unconventional sources of crude.

UPDATE 2-Canada to set climate change tests in pipeline reviews -Trudeau

MONTREAL, Jan 26 (Reuters) - Canadian Prime Minister Justin Trudeau pledged on Tuesday to require that environmental reviews of proposed oil pipelines consider greenhouse gas effects, and said it was not his role to be a cheerleader for such projects.

EU considering sanctions on Libyans blocking peace -diplomats

BRUSSELS, Jan 26 (Reuters) - The European Union is discussing imposing travel bans and asset freezes on at least two Libyans seen as blocking efforts by the United Nations to form a government of national unity, diplomatic sources said on Tuesday.

Scotland to lobby UK finance minister on further tax cuts for oil firms

LONDON, Jan 26 (Reuters) - The Scottish government is seeking an urgent meeting with Britain's finance minister to urge him to lower taxes on energy companies after Scotland suffered heavy job losses due to persistently low oil prices.

UPDATE 1-EDF signs preliminary deal to build six nuclear plants in India

PARIS, Jan 26 (Reuters) - French utility EDF said on Tuesday it had signed a preliminary agreement with Nuclear Power Corp of India Ltd (NPCIL) to build six nuclear reactors at Jaitapur, in the west of India.

World Bank slashes 2016 oil price forecast

WASHINGTON, Jan 26 (Reuters) - The World Bank has slashed its forecast for crude oil prices by $14 to $37 per barrel for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging markets.

Pumped storage hydropower discussed in energy storage report

A narrow focus on levelized cost of electricity alone can be misleading when it comes to comparing the array of storage technologies available, according to a recent report by the World Energy Council.

U.S. natgas futures little changed on mixed weather forecasts

Jan 26 (Reuters) - U.S. natural gas futures were on trading within a few cents of unchanged early on Tuesday for the fifth day in a row on forecasts for mixed, but still warmer-than-normal weather over the next two weeks. On its second-to-last day as the front month, February futures on the New York Mercantile Exchange were up 2.6 cents, or 1.2 percent, at $2.184 per million British thermal units at 9:09 a.m. EST (1409 GMT).

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