Energy Update

You are here

DALLAS, Jan 11 (Reuters) - Robert Kaplan, the new chief of the Dallas Federal Reserve Bank, said on Monday he would take a "wait-and-see" approach on assessing how China's slowdown will affect the U.S.

SINGAPORE, Jan 12 (Reuters) - U.S. crude prices continued a relentless dive early on Tuesday approaching a 20 percent drop since the beginning of the year as analysts scrambled to cut their 2016 oil price forecasts and traders bet on further price falls.

Jan 11 (Reuters) - United Airlines said on Monday its passenger unit revenue may have fallen more than expected in the fourth quarter just ended, after the November attacks in Paris shook traveler demand and sharply lower oil prices hurt sales to the Houston hub carrier's energy clients.

Jan 11 (Reuters) - United Airlines said on Monday that its passenger unit revenue may have fallen more than expected in the just ended fourth quarter, after the November attacks in Paris shook traveler demand and sharply lower oil prices hurt sales to the Houston hub carrier's energy clients.

According to the Cihan News Agency, annual electricity production from the Itaipu hydro project surpassed that of Three Gorges in 2015.

OKLAHOMA CITY, Jan 10 (Reuters) - Earthquakes in Oklahoma in the past week, including one of the strongest ever recorded in the state, have led to calls for the governor to make changes to oil and gas drilling regulations and reduce seismic activity scientists link to the energy industry.

Jan 11 (Reuters) - The British Columbia government said on Monday it will formally oppose the expansion of Kinder Morgan Inc's Trans Mountain pipeline to Canada's west coast, another blow to oil sands producers already reeling from a global crude price crash.

NEW YORK, Jan 11 (Reuters) - U.S. shale oil production is expected to fall for a seventh month in a row in February, declining at about the same rate as the month before as drillers manage to eke out a few more barrels from each new well, U.S. data showed on Monday.

MOSCOW, Jan 11 (Reuters) - Russian gas giant Gazprom has cancelled several tenders for construction of over 400 km of a gas trunk pipeline needed for the planned Nord Stream II project, according to documents posted on a government procurement website.

BENGHAZI, Jan 11 (Reuters) - Libya's National Oil Corporation 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 official from the company said on Monday.

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.