Energy Update

You are here

Home » Global Read

UPDATE 2-Argentina signs $500 mln shale deal with American Energy Partners

BUENOS AIRES, Jan 14 (Reuters) - State-run energy firm YPF said on Thursday it had signed a preliminary deal worth more than $500 million over three years with American Energy Partners LP (AEP) to explore for shale gas in Argentina's vast Vaca Muerta formation.

BHP Billiton to take $4.9 bln writedown on U.S. shale assets

MELBOURNE, Jan 15 (Reuters) - Top global miner BHP Billiton said on Friday it would book a $4.9 billion post-tax writedown on the value of its U.S. shale assets reflecting the sharp slump in oil and gas prices, volatility and a bleak near-term outlook.

White House readying overhaul of fossil fuel program -sources

WASHINGTON, Jan 14 (Reuters) - The Obama administration is preparing to announce as soon as Friday an overhaul of how the nation manages coal development on federal land, according to government and conservationist sources, in a further move to confront climate change.

Buffett expands oil bet, buys more Phillips 66

Jan 14 (Reuters) - Warren Buffett is expanding his bet on the oil industry, slowly adding to his already large stake in oil refiner Phillips 66 even as crude oil prices have sunk to a 12-year low.

US STOCKS-Energy leads Wall St rebound; S&P has best day since Dec

Jan 14 (Reuters) - A rally in battered energy shares led U.S.

RPT-India likely to trim FY2017 divestment targets to 'realistic' levels - sources

* India likely to cut FY2017 divestment proceed target - sources

RPT-Crude oil tumble hits Southeast Asia's biodiesel ambitions

* Indonesia, Malaysia plan to use more palm oil to make biofuel

UPDATE 1-Canada's Morneau: Investors should be confident about Canada

WINNIPEG, Jan 14 (Reuters) - Canadian Finance Minister Bill Morneau said on Thursday that foreign investors should be confident about the country, noting that the government has room to invest to stimulate the economy.

JPMorgan rebuffs suggestions it too optimistic on energy loans

NEW YORK, Jan 14 (Reuters) - JPMorgan Chase & Co executives said on Thursday they do not expect losses on the bank's oil and gas loans to accelerate with the pace and severity that the decline in oil market prices might suggest.

Google self-driving exec says needs proposals to share research

DETROIT, Jan 14 (Reuters) - John Krafcik, the head of Google's project to develop self-driving vehicles, said on Thursday he would have to see specific proposals before entering into a consortium including automakers.

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