Energy Update

You are here

Home » Global Read

Worried about sub-$20 crude? Some sellers are already there

SINGAPORE, Jan 18 (Reuters) - An end to sanctions on Iran has driven global crude futures to 12-year lows and brought sub-$20-a-barrel oil in sight, although for some producers that is already a painful reality.

Poland may forego power firms' dividends - report

WARSAW, Jan 18 (Reuters) - Poland will consider foregoing dividends from its stakes in power companies to help them invest in the country's troubled coal mines, the treasury minister said in a newspaper interview.

UPDATE 1-Kazakh tenge hits new low after oil prices drop on Iran

ALMATY, Jan 18 (Reuters) - The weighted average of the Kazakh tenge fell to an all-time low of 374.31 per dollar on the Kazakhstan Stock Exchange on Monday from 360.90 the previous trading day.

UPDATE 1-Saudi's SABIC says can cope with more petrochemicals competition

* Expects to see cost cutting benefits in 2016 (Adds detail, context)

UPDATE 1-ChemChina to buy 12 percent of Swiss trader Mercuria

LONDON, Jan 18 (Reuters) - ChemChina has agreed to buy a stake in Swiss energy trader Mercuria, the companies said on Monday, cementing its role as one of China's most acquisitive firms as its expands in new areas and as Beijing opens its oil markets for more imports.

UPDATE 1-Ukraine says cyber attack on airport launched from Russia

KIEV, Jan 18 (Reuters) - A cyber attack on Kiev's main airport was launched from a server in Russia, Ukraine's military spokesman told Reuters on Monday, as the state-run Computer Emergency Response Team (CERT-UA) warned of the threat of further attacks.

Bomb kills five soldiers in western Pakistan

QUETTA, Pakistan, Jan 18 (Reuters) - Five Pakistani soldiers were killed on Monday when a bomb exploded next to their vehicle in Baluchistan province, officials said, the latest attack in a region that will be home to the planned route of the $46 billion China-Pakistan economic corridor.

UPDATE 1-As Xi heads into Middle East feud, China says aims for balance

BEIJING, Jan 18 (Reuters) - China intends to retain a balanced stance in the Middle East, a senior Chinese diplomat said on Monday, as President Xi Jinping prepared to leave on an unusual visit this week to Saudi Arabia and Iran, regional powers currently locked in a bitter dispute.

RPT-INSIGHT-Iran moves from pariah state to regional power

* Iran seen pivotal in fight against IS, in Syria, Iraq, Yemen

Ukraine warns of more malware attacks after Kiev airport hit

KIEV, Jan 18 (Reuters) - Ukraine's Computer Emergency Response Team (CERT-UA) warned on Monday of the threat of possible further virus attacks after malware was found in the IT system of Kiev's main airport over the weekend.

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