Energy Update

You are here

Home » Global Read

BUZZ-Smiths: top FTSE gainer after Citi upgrade

** Smiths among top UK blue-chip risers as Citi upgrades to "Buy" and raises PT to 1200p from 1050p

Kazakh cbank says tenge rate balanced at $50 oil

ASTANA, Oct 21 (Reuters) - Kazakhstan's tenge currency will remain stable near the current rate of 277.51 per dollar as long as Brent crude trades near $50 per barrel, Kazakh central bank chairman Kairat Kelimbetov told reporters on Wednesday.

UPDATE 1-State-owned company should take Freeport Indonesia stake -minister

* Sale would be part of process of extending contract on huge mine

Australia shares change course and rise, NZ stocks extend rally

SYDNEY, Oct 21 (Reuters) - Australian shares erased morning losses and edged up 0.2 percent on Wednesday, after an attempt by bears to take the index below a key support level fizzled out.

The bears are back in town: Takeaways from London Metal Exchange week

There was no doubt that the toreros of metal markets had left their bulls at home when they came to London for the annual meeting of traders, brokers, consumers and end-users.

U.S. oil output slide looms as shale firms hit productivity wall

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.

Form EIA-860 and Form 861, 2014 final data

(Wed, 21 Oct 2015) The electricity Form EIA-860, Form EIA-861, and Electric Sales, Revenue, and Average Price
files have been updated with final 2014 data.

Exelon-Pepco merger could create largest U.S. electric utility

(Wed, 21 Oct 2015) The proposed merger of Exelon Corporation and Pepco Holdings Inc. would, if approved, create the largest electric utility holding company in the United States as measured by number of customers. The combined 8.5 million customers served by the new Exelon would surpass the number of customers served by the next-largest utility holding company, Duke Energy, which merged with Progress Energy in 2012

UPDATE 3-Venezuela sees 85 pct inflation this year, 60 pct next

CARACAS, Oct 20 (Reuters) - President Nicolas Maduro's government predicted on Tuesday that Venezuela's inflation, already the world's highest, would be 85 percent in 2015 and 60 percent next year.

UPDATE 2-BHP lifts iron ore output, cuts $200 mln from petroleum unit

* Shaves $200 million off petroleum spending (Adds cost cuts, petroleum output)

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