Energy Update

You are here

LONDON, Jan 12 (Reuters) - British oil and gas company BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued slump in oil prices.

On Dec. 7, 2015, the New York City Council passed the geothermal energy bill Int. 0609-A-2015.

BENGHAZI, Jan 11 (Reuters) - The Libyan National Oil Corp (NOC) has emptied oil storage tanks at the Ras Lanuf terminal as a precaution after Islamic State militants attacked the country's two biggest oil ports last week, an adviser to the company linked to Libya's official, eastern-based government said on Monday.

* "Couple" of OPEC members requested emergency meeting - Nigeria

Massive availability of agricultural waste, left unutilized in the field, and its potential to be converted to environmentally friendly biofuel has led to an increasing attention towards the advancement of cellulosic biofuel.

DUBAI, Jan 12 (Reuters) - Several Bahraini members of parliament on Tuesday condemned a government decision to raise fuel prices, a move the lawmakers said would hurt the poor and was taken without their approval.

MOSCOW, Jan 12 (Reuters) - The Russian government has approved a plan to require government departments to cut spending by 10 percent compared with previous plans, repeating a policy also imposed in 2015, two government sources told Reuters.

BEIJING, Jan 12 (Reuters) - China's natural gas demand may rise 6.5 percent in 2016, up from last year's tepid growth, as a cut in government-set prices and efforts to promote gas usage will lift demand for the fuel, said an official at a Chinese industry association.

LONDON, Jan 12 (Reuters) - British gas prices sank on Tuesday, tracking losses in oil markets.

BAKU, Jan 12 (Reuters) - For the survivors of a lifeboat which hung between a blazing oil rig and 10-metre waves on a wind-lashed sea, the horror lives on while the search for the comrades they saw die is not complete.

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.