Energy Update

You are here

Home » Global Read

Saudi-Iran split dashes chance of OPEC deal to curb oil glut

* Longest period of Saudi output above 10 million bpd for decades

Reforms will boost Pakistan's economy by more than 5 pct in 2015/16 - PM

COLOMBO, Jan 5 (Reuters) - Pakistan's economy is expected to grow at more than 5 percent in the current fiscal year due to some bold economic reforms, Prime Minister Nawaz Sharif said on Tuesday, faster than a 4.2 percent growth in the previous year.

UPDATE 1-Algerian government lays out draft constitutional reforms

* Parliament expected to approve reforms soon (Adds opposition remarks and official statement)

Major Win for South Australian Wind Farm

South Australia has reaffirmed its position as a renewable energy powerhouse following the awarding of a major contract to a wind farm in the state’s Mid North.

Mitsubishi-led group exiting stake in Brazil shipyard -report

RIO DE JANEIRO, Jan 5 (Reuters) - A group of Japanese shipbuilders led by Mitsubishi Heavy Industries Ltd (MHI) plans to exit its 30 percent stake in Brazilian shipbuilder Ecovix and declare the investment as a loss, Valor Economico newspaper reported on Tuesday.

Nuverra turns to Lazard for debt restructuring -sources

Jan 5 (Reuters) - Nuverra Environmental Solutions Inc , a U.S. provider of environmental services to the energy sector, has been working with investment bank Lazard Ltd on restructuring its debt, according to people familiar with the matter.

UPDATE 1-Saudi regulator says airport privatisation open to foreigners

RIYADH, Jan 5 (Reuters) - Foreign companies will be allowed to invest in Saudi Arabian airports being privatised without the need for local partners, the kingdom's aviation regulator said on Tuesday.

OPEC December oil output slips, still near record

LONDON, Jan 5 (Reuters) - OPEC oil output fell in December, a Reuters survey found on Tuesday, led by lower supply from Iraq following a record-breaking month in November and smaller declines elsewhere in the producer group.

Low Oil Prices Hinder Biofuel Maker's Business Strategy

Global Bioenergies SA, an unprofitable French maker of sugar-based gasoline, said oil’s recent slump to $35 a barrel is testing the financial viability of its biofuel technology even as it plans expansion in the U.S.

Energy Storage Costs Expected to Slide 41 Percent by 2020, GTM Says

The cost of installing energy storage systems is expected to decline 41 percent over the next five years as key components get cheaper, according to a report by GTM Research.

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