Energy Update

You are here

Home » Global Read

UPDATE 1-Brent crude hits new 11-year low as China worries add to glut

* U.S. crude stocks remain high despite dip (Updates throughout)

UPDATE 2-Maduro names young hardliner to run Venezuela's ailing economy

* Three opposition lawmakers sworn in despite being barred (Adds details on new ministers, comment from oppposition)

UPDATE 2-California governor declares LA-area gas leak an emergency

LOS ANGELES, Jan 6 (Reuters) - Governor Jerry Brown on Wednesday declared a Los Angeles-area natural gas leak that has been sickening area residents for more than two months an emergency, calling for alternatives to stop the underground leak if existing efforts fail.

UPDATE 4-TransCanada sues U.S. over Keystone XL pipeline rejection

CALGARY/WASHINGTON, Jan 6 (Reuters) - TransCanada Corp sued the U.S government on Wednesday to reverse President Barack Obama's rejection of the Keystone XL pipeline, and also plans to seek $15 billion in damages from a trade tribunal.

U.S. crude edges away from 2009 lows; huge storage glut means outlook remains bleak

SINGAPORE, Jan 7 (Reuters) - U.S. oil prices edged away from 2009 lows in early trading on Thursday but overall market sentiment remained extremely bearish due to huge unused amounts of petroleum sitting idle in storage tanks and as China's economy was showing no signs of recovery.

Volkswagen likely to buy back 115,000 cars in US - German report

BERLIN, Jan 7 (Reuters) - German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the United States as a result of the emissions scandal, a newspaper reported on Thursday.

Pioneer's stock sale not an option for all US shale companies

Jan 6 (Reuters) - An unexpected $1.4 billion equity raising by Pioneer Natural Resources means the fittest U.S.

UPDATE 2-Petrobras says oil refinery producing normally

RIO DE JANEIRO, Jan 6 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday its Presidente Bernardes oil refinery is producing normally, but acknowledged delays in the delivery of fuel in some states.

UPDATE 2-TransCanada sues U.S. over Keystone XL rejection, seeks damages

CALGARY/WASHINGTON, Alberta, Jan 6 (Reuters) - TransCanada Corp sued the U.S government on Wednesday to reverse President Barack Obama's rejection of the Keystone XL pipeline, calling his decision unconstitutional.

China goes underground to expand its strategic oil reserves

* Underground sites are seen as safer and cheaper in long-term

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