Energy Update

You are here

NEW YORK, Dec 16 (Reuters) - Motorists logged 273.5 billion miles on U.S. roads in October, a 2.4 percent increase over last year and the most ever for the month, according to data released on Wednesday by the U.S.

LONDON, Dec 16 (Reuters) - British lawmakers on Wednesday voted in favour of the use of fracking to extract shale gas under national parks, weakening a decision against fracking in national parks made earlier this year and giving shale gas explorers access to more resources.

LONDON/BEIJING, Dec 16 (Reuters) - Angola is expanding its long-term oil sales deals to China, signing a 10-year agreement with Sinochem Group that would make the Chinese firm one of the largest contract buyers of Angolan oil.

NEW DELHI, Dec 16 (Reuters) - India will allow more state-run companies to sell coal to industry, according to a government statement on Wednesday, in a bid to bolster the country's coal production and reduce imports.

WASHINGTON, Dec 16 (Reuters) - U.S. House of Representatives Speaker Paul Ryan on Wednesday said bills to fund the government and extend tax breaks are expected to garner support both from Republicans and Democrats in the chamber.

WASHINGTON, Dec 16 (Reuters) - House Democratic leader Nancy Pelosi said on Wednesday she was concerned American jobs could be lost by lifting the crude oil export ban as part of the sweeping spending bill before Congress this week.

NEW YORK, Dec 16 (Reuters) - Shares of oil producers edged higher on Wednesday after U.S. lawmakers approved a spending bill that would lift a 40-year-old ban on domestic crude exports, while U.S. solar companies surged as Congress extended investment tax credits beyond 2016.

* Says will stick to earlier agreed investment in Dudgeon (Adds quotes from RWE, Forewind, details on UK offshore wind)

WASHINGTON, Dec 16 (Reuters) - The Republican-controlled U.S.

AES Energy Storage said on Dec. 15 that it has reached a multi-year agreement with LC Chem for the supply of batteries for AES’ Advancion grid-scale energy storage solution.

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.