Energy Update

You are here

Home » Global Read

Coal exports from Australian state of Queensland up despite mining backlash

SYDNEY, Jan 11 (Reuters) - Coal exports from Australia's Queensland state hit record levels for the second year in 2015, with shipments to India up sharply despite stalled attempts by Indian conglomerates to win approvals to dig new outback mines, data showed on Monday.

Political promises squeeze Canadian oil industry

The oil industry had eight years of an energy friendly government in Canada and couldn’t get a single new export pipeline built.

Wholesale power prices decrease across the country in 2015

(Mon, 11 Jan 2016) Wholesale electricity prices at major trading hubs on a monthly average basis for on-peak hours were down 27%-37% across the nation in 2015 compared with 2014, driven largely by lower natural gas prices. Because natural gas-fired generation sets the marginal price in many markets, wholesale electricity prices are sensitive to changes in natural gas prices.

UPDATE 1-Oil drops over 2 pct as China slowdown weighs; market loses faith in rebound

* Fund managers dump long positions, set record bets on price falls

China's premier says market solutions needed to solve overcapacity

BEIJING, Jan 11 (Reuters) - China will use market solutions to ease its overcapacity woes and will not use investment stimulus to expand demand, Premier Li Keqiang said during a recent visit to northern Shanxi province, according to state media.

REFILE-Australia shares at 2-1/2-year lows on China jitters, NZ shares skid

SYDNEY/WELLINGTON, Jan 11 (Reuters) - Australian shares plunged to 2-1/2-year lows on Monday, while their New Zealand peers also fell, as concerns about China's policymakers' ability to calm the country's share market took a toll on risk appetite.

Average U.S. gasoline price falls 1 cent over three weeks -survey

NEW YORK, Jan 10 (Reuters) - The average price of a gallon of regular-grade gasoline in the United States fell 1 cent over the past three weeks to $2.05, according to a Lundberg survey released on Sunday.

U.S. crude oil prices drop over 2 pct as market loses faith in rebound

SINGAPORE, Jan 11 (Reuters) - U.S.

Air Products selects Technip to provide EPC services to hydrogen plant in Texas

Air Products has awarded a contract to Technip to support the development of a grassroots hydrogen plant in Baytown, Texas, US.

Indian Oil plans $600m upgrade project at Paradip refinery

State-run Indian Oil Corporation is planning to upgrade its $5.2bn Paradip refinery located in the state of Odisha, India, with an investment of Rs40bn ($600m).

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