Energy Update

You are here

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).

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

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.

HOUSTON, Oct 21 (Reuters) - Stagnating rig productivity shows U.S. shale oil producers are running out of tricks to pump more with less in the face of crashing prices and points to a slide in output that should help rebalance global markets.

BRAZZAVILLE, Oct 21 (Reuters) - Security forces in Congo Republic's capital fired warning shots and tear gas to disperse hundreds of protesters marching against a referendum they say is a ploy to extend the president's grip on power, a day after police killed four opposition supporters.

* Reduce long-term LNG contracts to cover only minimum requirement

MELBOURNE, Oct 22 (Reuters) - Australia is set to boost its dominance of the global trade in steel-making coal, as cost cutting and better margins due to a slide in the local dollar stoke a rise in production and put pressure on U.S. rivals to cut output.

BEIJING/SINGAPORE, Oct 21 (Reuters) - Russia supplied a record amount of crude oil to China in September, surpassing Saudi Arabia for the second time as the top seller to the Asian giant, customs data showed, boosted by demand from independent refiners.

BRAZZAVILLE, Oct 21 (Reuters) - Security forces fired warning shots to try to disperse hundreds of protesters marching in Congo Republic's capital Brazzaville on Wednesday against a referendum on lifting presidential term limits.

* Reduce long-term LNG contracts to cover only minimum requirement

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.