Energy Update

You are here

Home » Global Read

No talk of OPEC, non-OPEC oil output cuts at meeting - delegates

VIENNA, Oct 21 (Reuters) - A meeting on Wednesday of oil experts from OPEC and non-member countries aimed at tackling the market's decline yielded no discussion of possible production cuts by nations inside or outside the exporter group, delegates from OPEC and Russia said. (Reporting by Alex Lawler and Vladimir Soldatkin; Editing by Dale Hudson)

UPDATE 2-OPEC talks on oil market draw thin non-member attendance

VIENNA, Oct 21 (Reuters) - A meeting of oil experts from OPEC and non-member countries aimed at addressing the market's decline drew thin attendance from outside the exporter group on Wednesday, with only five non-OPEC nations present.

Mexico Planning $46 Billion Coast-to-Coast Wind Energy Push

Mexico is planning to quadruple its wind power capacity as part of President Enrique Pena Nieto’s effort to transform the country’s energy industry.

Uganda to hike power prices by 17 pct due to shilling's slide

KAMPALA, Oct 21 (Reuters) - Uganda will raise consumer electricity prices by 17 percent this quarter due to the sharp weakening of the local currency, the energy regulator said.

REUTERS SUMMIT-OPEC will keep oil output high, traders say

* For other news from the Reuters Commodities Summit, click on http://www.reuters.com/summit/Commodities15

U.S. leads industrialised nations in shift from coal -study

BONN, Germany, Oct 21 (Reuters) - The United States is leading a shift away from using coal among leading industrialised democracies, with Japan the main laggard in policies that will help to combat climate change, according to a study on Wednesday.

Baker Hughes expects less drilling in 4th qtr

Oct 21 (Reuters) - Oilfield services provider Baker Hughes Inc said it expects less drilling in the current quarter due to reduced customer spending but said it was seeing "stronger interest" in services that help increase oil and gas production.

Government’s Largest Energy User Moves Toward Renewable Energy Goals

The U.S. ranks second only to China as the largest consumer of energy in the world. And, in the U.S., the largest single energy user, as well as one of the largest consumers of energy in the world, is the U.S. Department of Defense (DOD).

UPDATE 2-China's Xi turns to money and politics in Britain after day of pomp

* China increases currency swap agreement with Britain (Adds details on Xi inspecting new London black taxi)

Total's trenchant new boss fits era of oil austerity

PARIS, Oct 21 (Reuters) - Total's boss is known as a fixer; a straight-talking cost cutter who has emerged as the right person to steer the French oil and gas company through one of the industry's worst downturns in decades.

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