Energy Update

You are here

Nov 2 (Reuters) - Diamond Offshore Drilling Inc, one of the world's top-five offshore rig contractors, said contracts for two rigs with Brazil's Petrobras had ended ahead of schedule.

DUBAI, Nov 2 (Reuters) - Gulf oil producers are delaying some field maintenance until next year to keep production high and reduce costs as they forecast weaker oil prices in 2016, industry sources said.

Nov 2 (Reuters) - Hotel, energy and financial services conglomerate Loews Corp reported a 12.5 percent drop in quarterly profit, hurt by lower revenue from its two major units - multiline insurer CNA Financial Corp and Diamond Offshore Drilling Inc.

Nov 2 (Reuters) - Hotel, energy and financial services conglomerate Loews Corp reported a 12.5 percent drop in quarterly profit, hurt by lower revenue from its two major units - multiline insurer CNA Financial and Diamond Offshore Drilling Inc.

WARSAW, Nov 2 (Reuters) - Manufacturing in Central and eastern Europe kept up a robust pace in October despite China's slowdown and U.S. interest rate worries, data showed on Monday, with a rebound in Poland and strong Czech and Hungarian readings.

GENEVA, Nov 2 (Reuters) - South Sudanese rebels have released 13 contractors a week after kidnapping them and seizing the fuel barge they were taking to a U.N.

* OPEC seen likely to stick with record production at next meeting

KATHMANDU, Nov 2 (Reuters) - Nepali police baton charged protesters to clear a key checkpoint on the border with India on Monday as they attempted to end a blockade that has badly damaged relations with the country's big southern neighbour.

SEOUL, Nov 2 (Reuters) - Japanese Prime Minister Shinzo Abe told South Korea's president on Monday he wanted cooperation between the two countries and the United States in maintaining an open and peaceful South China Sea, a Japanese government spokesman said.

Nov 2 (Reuters) - Ophir Energy Plc said it drilled a dry well in its Soy Siam prospect off the Gulf of Thailand.

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.