Energy Update

You are here

Home » Global Read

Desperate in Davos: policymakers struggle for answers

DAVOS, Switzerland, Jan 23 (Reuters) - Angela Merkel was missing from Davos this year, but the German leader's optimistic mantra "we can do this" echoed through the snowy resort in the Swiss Alps.

Australia's Palmer says he propped up Queensland Nickel refinery

PERTH, Jan 23 (Reuters) - Embattled mining magnate Clive Palmer said he has transferred A$250 million ($175 million) in assets from two mining companies to his Queensland Nickel refinery, in comments made in a television interview broadcast on Saturday after the refinery went into voluntary administration earlier this week.

Uganda bans maids working in Saudi Arabia amid complaints of mistreatment

KAMPALA, Uganda Jan 22 (Thomson Reuters Foundation) - The government of Uganda said on Friday it will stop sending housemaids to Saudi Arabia, eclipsing a deal between the two nations to ship workers to the wealthy Gulf nation amid complaints of poor conditions and mistreatment.

UPDATE 3-Venezuela opposition rejects Maduro's 'economic emergency' decree

CARACAS, Jan 22 (Reuters) - Venezuela's opposition refused on Friday to approve President Nicolas Maduro's "economic emergency" decree in Congress, saying it offered no solutions for the OPEC nation's increasingly disastrous recession.

UPDATE 1-Brazil's Petrobras close to selling Braskem stake -source

* Company has ruled out fuel-price cut in 2016 (Adds Petrobras asset sale plan details, outlook for fuel prices and imports, paragraphs 3-7, 9-11)

UPDATE 1-Americans drive more in Nov for 21st straight month -DOT

NEW YORK, Jan 22 (Reuters) - Americans drove 4.3 percent more miles in November than they did a year earlier, according to data released Friday by the U.S. Department of Transportation, as falling gasoline prices helped boost year-over-year driving for the 21st straight month.

U.S. oil drillers cut rigs for ninth week in ten -Baker Hughes

Jan 22 (Reuters) - U.S. energy firms this week cut oil rigs for a ninth week in the last ten, data showed on Friday, and were expected to shed more in coming weeks due to a recent collapse in crude prices to the lowest levels since 2003. Drillers removed five oil rigs in the week ended Jan. 22, bringing the total rig count down to 510, the least since April 2010, oil services company Baker Hughes Inc said in its closely followed report.

UPDATE 2-Obama administration seeks to curb methane emissions on public land

WASHINGTON, Jan 22 (Reuters) - In its latest move to combat climate change, the Obama administration on Friday said it will overhaul 30-year-old regulations for oil and gas operations on public and tribal lands to limit the "wasteful release" of natural gas and curb methane emissions.

UPDATE 3-Schlumberger sees no pickup in oilfield activity before 2017

* Shares rise as much as 8 pct (Adds details; updates shares)

Fires still raging at major Libyan oil terminal after attack

BENGHAZI, Libya, Jan 22 (Reuters) - Fires at oil storage tanks in the major Libyan terminal of Ras Lanuf were still raging on Friday more than 24 hours after an attack by Islamic State militants, a firefighting official said.

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