Energy Update

You are here

Nov 5 (Reuters) - Enbridge Inc, Canada's largest pipeline company, said a delay in starting up a pipeline that will move crude from Ontario to Quebec will hurt its adjusted earnings for the year.

LONDON, Nov 5 (Reuters) - Total stocks of crude oil and refined products in commercial storage across the United States dropped for the second week running last week, the first back-to-back fall since May, according to the U.S.

Nov 5 (Reuters) - Duke Energy Corp, the largest U.S. power company by generation capacity, reported a 5.5 percent rise in quarterly profit from continuing operations, driven by warmer-than-expected weather and lower fuel costs.

Nov 5 (Reuters) - British oil and gas services company Amec Foster Wheeler Plc halved its dividend and forecast lower margins in the second half of the year as depressed oil prices force customers to rein in spending.

Nov 5 (Reuters) - Canadian oil and gas producer Crescent Point Energy Corp reported a third-quarter loss as it booked an impairment charge related to a slump in oil prices.

Nov 5 (Reuters) - Duke Energy Corp, the largest U.S.

Nov 5 (Reuters) - Enbridge Inc, Canada's largest pipeline company, reported a 15.7 percent rise in quarterly adjusted profit, helped by increased throughput as producers moved more oil by pipelines than on rail.

LONDON, Nov 5 (Reuters) - Oil prices rose on Thursday, paring some of the losses incurred a day earlier after data showed U.S.

OSLO, Nov 5 (Reuters) - The former chief executive of telecoms firm Vimpelcom, Jo Lunder, is being held by Norwegian police as part of a corruption investigation into the firm and will be questioned as soon as possible, police told Reuters on Thursday.

LONDON, Nov 5 (Reuters) - Just as the energy industry has brushed aside concerns that the world could run out of oil, industry executives now say they believe it is demand, rather than supply, that is nearing its apex.

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.