Energy Update

You are here

Home » Global Read

Iran total oil loading hits 7-month low in Oct -shipping source

* Asia's Oct crude, condensate loadings down 12 pct from Sept

UPDATE 1-Skanska hopeful on being reimbursed for U.S. cost increases

* Shares rise 2 pct (Adds CEO comment, detail, share reaction)

CNOOC's third-quarter revenue falls almost a third on low oil prices

BEIJING, Oct 27 (Reuters) - China's top offshore oil producer CNOOC Ltd said its third-quarter unaudited sales revenue from oil and gas fell 32.3 percent on low oil prices as its average realized oil price declined by 51 percent to $48.84 a barrel.

EU member states far apart on engine tests despite VW scandal

BRUSSELS, Oct 28 (Reuters) - European nations are sharply divided over plans to tighten EU car-testing rules, despite the Volkswagen emissions scandal, national position papers seen by Reuters show ahead of a closed-door meeting to debate the issue.

Toyota chief says would be wrong for diesel use to fall due to VW scandal

TOKYO, Oct 28 (Reuters) - Toyota Motor Corp's president said that it would be wrong for diesel use to fall as a result of the Volkswagen emissions scandal and that Toyota would continue to use diesel engines in vehicles where appropriate, such as in trucks.

REFILE-Clinton says she would not bail out troubled banks

Oct 27 (Reuters) - Democratic presidential candidate Hillary Clinton would not bail out big banks to save them from collapse in the event of another financial crisis, she said on Tuesday.

Indian state chief pushes for coal mining; critics say he's helping wife

SUTNGA, India, Oct 28 (Reuters) - A senior Indian politician has been lobbying New Delhi to lift a ban on dangerous, small-scale coal mining operations in his state, without disclosing that his wife owns several mines there, according to documents seen by Reuters.

UPDATE 2-Statoil posts worse than expected profit, cuts spending

* Proposes Q3 dividend of $0.2201/shr as expected (Adds detail on cost cuts and delays, comment from analysts)

UPDATE 1-Oil cargoes bought for state reserve stranded at China port - sources

BEIJING, Oct 28 (Reuters) - About 4 million barrels of crude oil bought by a Chinese state trader for the country's strategic reserves have been stranded in two tankers off an eastern port for nearly two months due to a lack of storage, two trade sources said.

Islamic State risk for Libya's troubled oil sector

TRIPOLI, Oct 28 (Reuters) - When Islamic State militants attacked a perimeter gate guarding Libya's Es Sider oil terminal this month, they sent gunmen to kill guards before attempting to detonate a car bomb in a bid to breach the port's defences.

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.

Photos