Energy Update

You are here

EDMONTON, Alberta, Dec 21 (Reuters) - In an auction room a few dozen potential bidders scan a picture of a used oil drilling rig projected on the wall while an auctioneer raises his voice to drum up enthusiasm.

LONDON/MOSCOW, Dec 21 (Reuters) - Trafigura is expanding its ties with Russia's Rosneft and is likely to become its biggest buyer next year when the Swiss commodities trader adds refined products to its already huge purchases of crude oil.

Dec 21 (Reuters) - Royal Dutch Shell said shareholder meetings to approve its acquisition of BG Group Plc are expected to take place on Jan. 27 and Jan. 28.

BRASILIA, Dec 20 (Reuters) - Brazilian President Dilma Rousseff's key ally in Congress is certain it can head off an impeachment threat, but in return the party demands a radical change of policy course to pull the economy out of its deepest downturn in 25 years.

SHANGHAI, Dec 21 (Reuters) - China stocks rose sharply on Monday, led by broad rallies in real estate, banking and consumer plays as investors scooped up modestly-priced blue chips, pulling Hong Kong shares higher.

The Japanese refining industry is set for a landslide change as it aims to balance domestic supplies, stabilize its core petroleum business at home, and once that’s settled, expand overseas.

* Authorities blame high pile of waste debris left by construction

* Faltering LNG demand, growing tanker fleet drag on freight rates

* Authorities blame high pile of waste debris left by construction

LAUNCESTON, Australia, Dec 21 (Reuters) - - If 2015 was the year in which the growing oversupply of key commodities led to a rout in prices, will 2016 bring the point of capitulation, leading to consolidation and the start of recovery?

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.