Energy Update

You are here

Home » Global Read

Financial coal trading volumes jump 44 pct in 2015-Prospex

LONDON, Jan 19 (Reuters) - Coal trading volumes via financial instruments soared 44 percent to 5.3 billion tonnes in 2015, led by growth in the dominant Amsterdam-Rotterdam-Antwerp (ARA) region and Australia's Newcastle, research company Prospex said.

RWE Halts $1.4BN of Onshore Wind Plans Due to UK Policy

RWE AG has halted about 1 billion pounds ($1.4 billion) of planned onshore wind farms in the U.K. because of government efforts to halt aid and restrict planning for the technology.

EU agrees to improve European grid to curb need for Russian gas

BRUSSELS, Jan 19 (Reuters) - EU member states on Tuesday endorsed a plan to invest more than 200 million euros ($217 million) in cross-border energy infrastructure projects designed to help curb dependence on Russian gas.

UPDATE 1-Indonesian minister rejects Freeport price in a setback to talks

* Talks enters new chapter after resignations of key negotiators (New throughout)

Solar To Be Used in Trial to Find ‘Desalination Plant of the Future’

A French engineering company will use solar panels to power an innovative desalination demonstration project in Abu Dhabi operated by clean energy group Masdar.

Iraq wants foreign oil firms to cut development spending, oil minister says

BAGHDAD, Jan 19 (Reuters) - Iraq wants foreign oil companies to cut spending as the nation seeks to narrow a budget gap caused by lower crude prices, oil minister Adel Abdul Mahdi said in a statement on Tuesday.

UPDATE 1-IEA says oil market may "drown in oversupply" in 2016

Jan 19 (Reuters) - Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late 2016 and could push the price below its current 12-year lows, the International Energy Agency said on Tuesday.

UPDATE 1-Potash Corp to suspend operations at Canadian mine

Jan 19 (Reuters) - Potash Corp of Saskatchewan said on Tuesday it would suspend operations "indefinitely" at its Picadilly mine in the Canadian province of New Brunswick, resulting in the loss of 420 to 430 jobs.

Potash Corp to suspend operations at a Canadian mine

Jan 19 (Reuters) - Potash Corp of Saskatchewan said it would "indefinitely" suspend potash mining at Picadilly, New Brunswick in Canada in response to weakening demand for the crop nutrient.

Singapore govt says core c.bank policies should not change 'fundamentally'

SINGAPORE, Jan 19 (Reuters) - Singapore's central bank will provide an effective anchor for economic and financial stability amid global and regional uncertainties, Tharman Shanmugaratnam, a deputy prime minister 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