Energy Update

You are here

* Abadi has pledged to retake Islamic State stronghold in 2016

Plug-in electric vehicles failed to win over U.S. consumers amid the auto industry’s record sales in 2015, as low gasoline costs and daunting sticker prices damped demand.

BEIJING, Jan 7 (Reuters) - State-owned China National Offshore Oil Corporation (CNOOC) has no plans to sell shares in listed subsidiaries in the the near term following domestic stock market fluctuations, the company said in a statement on its website on Thursday.

HANOI, Jan 7 (Reuters) - The Vietnam government could sell stakes in some large state-owned enterprises this year, including network provider Mobifone and brewer Sabeco, a finance ministry official said.

KAMBURU DAM, Kenya, Jan 7 (Thomson Reuters Foundation) - A lfred Nyaga irrigates his acre of khat, a mild stimulant, in Kaloki village by pumping water with a diesel-powered engine directly from Kamburu Dam in central Kenya.

** European miners down sharply, with yuan's deeper drop & heightened concerns about metals demand from China exacerbating the sell-off

LONDON, Jan 7 (Reuters) - UK mining and energy shares indexes slumped to their lowest level in more than 11 years on Thursday, with a sharp decline in prices of major industrial metals and crude oil on China-related concerns promoting investors to dump shares.

* Optimists say Shanghai stocks should have little global bearing

RIYADH, Jan 6 (Reuters) - Since Saturday's execution of four Shi'ite Muslims in Saudi Arabia, hundreds or thousands of the minority sect have marched nightly in protest, and their anger could herald wider unrest.

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.