Energy Update

You are here

LAGOS, Dec 7 (Reuters) - Nigeria, already hit by low oil prices, faces a threat to its cocoa sector with industry officials saying its few remaining grinders could close.

LONDON, Dec 7 (Reuters) - Prime Minister David Cameron welcomed a signal on Monday that a strong will exists in the European Union to reach a deal with Britain but will still push for a four-year curb on welfare payments for EU migrants, his spokeswoman said.

MADRID, Dec 7 (Reuters) - Spain's Abengoa, facing a cash crunch in the next week, is negotiating a multi-million euro lifeline with creditor banks which have asked the company to guarantee with new assets, sources familiar with the talks said on Monday.

BERLIN, Dec 7 (Reuters) - International Monetary Fund chief Christine Lagarde called on Monday for tax reforms to be included in a global climate deal to raise incentives for consumers to reduce their energy consumption and to boost demand for cleaner fuels.

Renewable energy developers are increasingly selling wind power straight to the users, tapping a new customer base as some traditional utility buyers are backing away.

* Options show bets rise on "lower for longer" (Updates with options prices, adds comment)

Congress is debating whether to renew an investment tax credit that for nine years has helped put solar panels on rooftops across the country.

* Iran, powers push ahead towards sanctions relief for Tehran

* Israeli firms continuing talks with Egyptian side (Adds details, quotes, background)

LONDON, Dec 7 (Reuters) - Europe's new status as the dumping ground for the world's excess diesel comes to a head this month as mild weather, strong refinery runs and months of building stocks combine.

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.