Energy Update

You are here

* Copper chief says final investment decision expected early 2016

Never say never... With this in mind, it would probably be foolish to rule out some kind of deal between OPEC and non-OPEC producers to manage supply. Margaret McQuaile explains.

LAUNCESTON, Australia, Nov 26 (Reuters) - - The dominant theme of commodity markets in recent months, in virtually every article or conversation at events, has been how much lower can prices possibly go.

* Clients withdraw funds from BTG (Adds that Senate upheld court decision to arrest Amaral)

SAO PAULO, Nov 25 (Reuters) - Brazil's Grupo BTG Pactual SA scrambled to contain fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up plunging shares.

LONDON, Nov 26 (Reuters) - The number of contractors employed in Britain's oil and gas sector has fallen over the past year at the steepest rate since at least 2004, an annual industry survey carried out by a Scottish business association showed on Thursday.

Oman Oil Refineries and Petroleum Industries Company (Orpic) has finalized deal and selected preferred bidders for four engineering, procurement and contracting (EPC) packages of the Liwa Plastics project to be built in Sohar.

Wood Group has won a new contract worth approximately $90 to deliver services to one of the world’s leading blue-chip international oil companies (IOC) in Iraq.

RIO DE JANEIRO, Nov 25 (Reuters) - Brazil's Senate on Wednesday approved a Supreme Court decision to arrest the leader of the ruling coalition in the upper house, Senator Delcídio do Amaral, for allegedly obstructing a corruption probe into state-run oil company Petrobras.

TORONTO, Nov 25 (Reuters) - Canadian Oil Sands, which is trying to attract a white knight following a hostile bid from Suncor Energy, needs more time to review options as more than two dozen parties have expressed an interest, according to a regulatory filing.

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.