Energy Update

You are here

NEW YORK/WASHINGTON, Nov 13 (Reuters) - The New York state attorney general's office, which told Peabody Energy this week to give investors more details about how its sales would suffer from measures to curb global warming, is now mulling whether the tactic it used with the coal firm could be applied to companies beyond the energy sector.

* Analysts say strong dollar, Asian slowdown weighing on prices (Adds quotes, chart)

(Fri, 13 Nov 2015) Increases in North Dakota's crude oil production have resulted in increased associated natural gas production from oil reservoirs. Because of insufficient infrastructure to collect, gather, and transport this natural gas, about one-fifth of North Dakota's natural gas production is flared rather than marketed.

* Says Westinghouse operations profitable overall (Updates share move; adds comments from analysts)

RIO DE JANEIRO, Nov 13 (Reuters) - Leaders of Brazil's main oilworkers' union said on Thursday that a contract offer from Petrobras falls short of their demands and sought a meeting with the company's chief executive officer to discuss their requests.

SAO PAULO/RIO DE JANEIRO, Nov 13 (Reuters) - Brazil's state-run Eletrobras, Latin America's largest electricity utility, posted late on Thursday a 4.01 billion real ($1.06 billion) third-quarter loss due to weaker hydropower generation and a massive impairment charge on its Angra 3 nuclear plant.

UNITED NATIONS, Nov 12 (Reuters) - The outgoing United Nations envoy to Libya, Bernardino Leon of Spain, on Thursday said he would seek a "full clarification" of a newspaper report that the United Arab Emirates was shipping arms to Libyan factions in violation of a U.N.

MARIANA, Brazil, Nov 12 (Reuters) - Brazil's president slapped preliminary fines of 250 million reais ($66.2 million) against a mine in the country's southeast where two dams burst, killing nine people and coating a two-state area with mud and mine waste.

CARACAS, Nov 12 (Reuters) - The arrest of two of Venezuelan President Nicolas Maduro's relatives to face charges of cocaine smuggling was an international embarrassment for him and his socialist government.

SYDNEY/MELBOURNE, Nov 13 (Reuters) - BHP Billiton shares struck a seven-year low on Friday, their weakest since the global financial crisis, on mounting concerns it may ditch a policy of paying ever higher dividends.

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.