Energy Update

You are here

Home » Global Read

DC Circuit Court of Appeals Denies Stay of Clean Power Plan

The D.C. Circuit Court of Appeals on Thursday denied petitions to stay the Obama administration’s Clean Power Plan, preserving the landmark rule’s authority to regulate carbon emissions from power plants, even as the rule prepares to defend against subsequent litigation designed to erode its legality.

COP21 Deal Dominates Day One of Global Energy Debate

The agreements made at COP21 in Paris and the actions now needed to implement them dominated the speeches on the opening day of Abu Dhabi Sustainability Week. The gathering in the United Arab Emirates is the first high-level clean energy meeting since COP21 in December, and the deal struck in Paris between 188 countries was repeatedly praised during the event.

Schlumberger says no more job cuts expected in current oil slump

Jan 22 (Reuters) - Schlumberger Ltd, the world's No.1 oilfield services provider, said it was optimistic that it had completed the job cuts needed in this oil downturn.

UPDATE 1-India's Reliance Communications Q3 profit falls on lower margins

* Net profit at 1.71 bln vs 1.65 bln estimated (Adds earning details, context)

UPDATE 1-Brazil maintains oil price formula for Petrobras royalties

SAO PAULO, Jan 22 (Reuters) - Brazilian President Dilma Rousseff has approved a resolution to maintain the current system for establishing the minimum price of oil on which royalty payments are paid by state-run company Petroleo Brasileiro SA to local governments.

Russia to prepare for hedging against oil price risk - Finance Ministry

MOSCOW, Jan 22 (Reuters) - Russia must make all necessary preparations this year to introduce hedging to protect the country's oil earnings against price drops, a deputy finance minister said on Friday.

South Africa's MTN aims to settle Nigerian fine out of court, shares jump

JOHANNESBURG, Jan 22 (Reuters) - A judge has given South African telecoms company MTN Group until March to try to reach a settlement with the Nigerian authorities over a disputed $3.9 billion fine, sending its shares 8 percent higher.

UPDATE 2-GE's industrial profit falls 8 percent, hit by tumbling oil

Jan 22 (Reuters) - General Electric Co on Friday reported an 8 percent drop in fourth-quarter earnings in its industrial businesses, hurt by weakness in divisions catering to the oil and gas sector.

UPDATE 1-Iran sees Greece as conduit for re-entering Europe's oil market

ATHENS, Jan 22 (Reuters) - Iran believes Greece can be a conduit for re-entering Europe's oil market following the lifting of international sanctions, Greece's energy minister said on Friday after meeting Iran's deputy oil minister in Athens.

Ukraine acts to purge court system of bribery, corruption

KIEV, Jan 22 (Reuters) - Ukraine's constitutional court approved moves on Friday to stamp out political meddling in the judicial system and halt bribe-taking among judges, part of an anti-corruption drive to help secure aid and goodwill from vital international backers.

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