Energy Update

You are here

NEW YORK, Dec 3 (Reuters) - General Electric Co expects benefits from its acquisition of Alstom SA's power business to come in at the low end of the U.S. conglomerate's previous estimate for 2016, the company said on Thursday, citing delays in closing the deal.

HOUSTON, Dec 3 (Reuters) - Mexico's state-run oil company Pemex has expanded its brand to Houston, Texas, with the first gasoline station bearing its name outside of Mexico, the company said on Thursday.

HOUSTON, Dec 3 (Reuters) - Mexico's state-run oil company Pemex has expanded its brand to Houston, Texas, with the first gasoline station bearing its name outside of Mexico, the company said on Thursday.

Dec 3 (Reuters) - Oil traders rushed to buy U.S. heating oil on Thursday, retreating from their short positions and causing a technical rally that pushed the benchmark over 6 percent higher after dipping to a six-year low earlier this week.

NICOSIA, Dec 3 (Reuters) - Peace is within reach in Cyprus, U.S.

CHARLESTON, W. Va., Dec 3 (Reuters) - Former Massey Energy Chief Executive Don Blankenship was found guilty in federal court on Thursday of conspiring to violate safety standards at the Upper Big Branch mine, the site of a 2010 blast that killed 29 people.

HOUSTON, Dec 3 (Reuters) - An explosion and fire rocked the Ramsey natural gas plant in West Texas on Thursday, injuring at least two people and prompting evacuations, according to a company official and media reports.

TORONTO, Dec 3 (Thomson Reuters Foundation) - Wealthy nations spend 40 times as much money subsidizing fossil fuel production as they contribute to the Green Climate Fund to help poor countries adapt to global warming, a research group said in a study released on Thursday.

Dec 3 (Reuters) - U.S. heating oil futures for the front-month climbed over 6 percent on Thursday as speculators exited bearish bets, traders said.

* British jets bomb oil fields in Syria after vote in parliament

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.