Energy Update

You are here

LONDON, Oct 8 (Reuters) - Oil, gas and mining accounted for nearly nine percent of all new greenfield foreign direct investment (FDI) projects announced over the last decade.

MEXICO CITY, Oct 8 (Reuters) - Mexican oil giant Pemex on Thursday said it had restarted a catalytic plant at its Minatitlan refinery in southeast Mexico, after fixing the plant's temperature sensor.

RICHMOND, V.A. Oct 8 (Reuters) - A U.S. bankruptcy court approved Patriot Coal's restructuring plan at a hearing on Thursday, including the sale of a major part of its mines and coal reserves to privately held Blackhawk Mining of Lexington, Kentucky.

MELBOURNE, Oct 9 (Reuters) - Commodities giant Glencore said on Friday it will cut 500,000 tonnes of global zinc production, around one third of its annual zinc output, due to low prices.

SKHIRAT, Morocco, Oct 9 (Reuters) - The United Nations on Thursday proposed to a national unity government to Libya's warring factions meant to end their conflict, but any deal must overcome resistance from hardliners and pass a vote in their rival parliaments to succeed.

SAN FRANCISCO, Oct 8 (Reuters) - California's oversight of wells where oil companies dispose of wastewater brought to the surface is hindered by inadequate staffing and poorly organized paper records, a state review of the program said Thursday.

BRASILIA, Oct 8 (Reuters) - A group of Brazilian congressmen will seek the removal of lower house speaker Eduardo Cunha on ethical grounds after prosecutors confirmed the existence of undeclared bank accounts in his name in Switzerland, the leader of the leftist PSOL party said.

SINGAPORE/DUJANA, India, Oct 9 (Reuters) - Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding on the wave of strong economic growth in India and parts of Southeast Asia.

SINGAPORE, Oct 9 (Reuters) - Asian demand for plastic is set to defy economic slowdown in top consumer China and other nations, growing as plunging oil prices make it cheaper to churn out and as fast-expanding online markets boost appetite for items like packaging and wrapping.

SAN FRANCISCO, Oct 8 (Reuters) - California's oversight of wells where oil companies dispose of wastewater brought to the surface during oil production is hindered by inadequate staffing and poorly organized paper records, a state review of the program said Thursday.

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.