Energy Update

You are here

Home » Global Read

Rockies refiners benefit as oil storage soars, crude prices fall: Petrodollars

Janet McGurty looks at how prices are impacting refiners and oil producers in the Rockies region of the US in this week’s Oilgram News column, Petrodollars.

INSIGHT-Innovative green financing has hobbled home sales in California

Oct 19 (Reuters) - An innovative, government-sponsored program aimed at funding energy-saving home improvements has drawn praise from powerful supporters, including President Obama.

Indonesia has significant potential to increase geothermal electricity production

(Mon, 19 Oct 2015) Indonesia ranked third in the world in both geothermal electricity production and geothermal generating capacity in 2014, behind only the United States and the Philippines. The country is located at the convergence of several tectonic plates in Southeast Asia, giving it significant geothermal potential, although most of its potential reserves remain unexplored.

UPDATE 1-China Sept power output falls 3.1 pct on yr -stats bureau

* Utilisation rates at thermal plants continues decline (Adds detail)

Investors may face rough ride if Canadian election leads to political instability

TORONTO, Oct 19 (Reuters) - Given there is a good chance that Monday's Canadian federal election will not give one party control of the country's parliament, investors may want to brace for a period of political instability that could dent Canadian financial markets.

UPDATE 1-China preliminary Sept implied oil demand down 0.1 pct yr-on-yr

BEIJING, Oct 19 (Reuters) - China's implied oil demand fell slightly in September from the same period last year even as passenger car sales rose for the first time in six months.

CORRECTED-China heads for record crude buying year as cargoes snapped up

* Strong finish to year seen as "teapot" refiners fill quotas

UPDATE 1-South Korea's S-Oil sees higher demand for oil products supporting margins

* In 2016, N.America, Asia expected to drive refined oil demand (Adds more details)

South Korea's S-Oil sees higher oil demand supporting refining margins

SEOUL, Oct 19 (Reuters) - South Korea's S-Oil Corp said on Monday it expected oil demand to continue to grow in the fourth quarter and next year, supporting refining margins.

Obama calls Iran nuclear deal's first step "important milestone"

WASHINGTON, Oct 18 (Reuters) - U.S. President Barack Obama welcomed "adoption day" of the Iran nuclear agreement on Sunday as the United States approved conditional sanctions waivers to take effect when Tehran curbs its nuclear program.

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