Energy Update

You are here

Home » Global Read

APR Energy says in buyout talks

Oct 5 (Reuters) - APR Energy Plc, the embattled provider of temporary power systems, said on Monday it was in talks to be bought out by a consortium including Fairfax Financial Holdings Ltd, its largest shareholder.

UPDATE 3-Turbine maker Nordex to buy Acciona's wind power business

* Nordex shares up 7 pct, Acciona's up 9 pct (Adds share prices, details, analyst comment)

UPDATE 1-Pan Pacific sees copper prices back at $6,000 in FY16/17

TOKYO, Oct 5 (Reuters) - Japan's Pan Pacific Copper expects copper prices to rise to $6,000 a tonne over the next 18 months, driven by global production cuts and demand growth in Asia, although any upside will be limited in 2015, its president said on Monday.

Glencore shares enjoy bounce-back after Hong Kong-led surge

LONDON, Oct 5 (Reuters) - Shares in trader and miner Glencore surged as much as 20 percent in London on Monday, following a 25-percent leap on the Hong Kong market, as hopes for deal-making trumped worries over a slump in metals prices.

UPDATE 1-Glencore shares surge in HK on agriculture asset sale hopes

MELBOURNE, Oct 5 (Reuters) - Shares in beleaguered trader and miner Glencore Plc rocketed as much as 72 percent on Monday in heavy trading in Hong Kong on hopes it would be able to cut debt with a sale of a stake in its agricultural assets.

Glencore shares surge in HK on agriculture asset sale hopes

MELBOURNE, Oct 5 (Reuters) - Shares in beleaguered trader and miner Glencore Plc rocketed as much as 72 percent on Monday in Hong Kong on hopes it would be able to cut debt with a sale of a stake in its agricultural assets.

UPDATE 2-Turbine maker Nordex buys Acciona's wind power business

BERLIN/MADRID, Oct 5 (Reuters) - German wind turbine maker Nordex is buying Spanish firm Acciona SA's wind power business for 785 million euros ($881.7 million) in cash and shares to create a global player in the wind energy market, it said late on Sunday.

UPDATE 2-Oil up as Russia ready to talk with producers, US rig count drops

* U.S.

UPDATE 1-Woodside does not want to raise bid for Oil Search

MELBOURNE, Oct 5 (Reuters) - Woodside Petroleum's chief executive said he does not want to sweeten an A$11.6 billion ($8.2 billion) offer for Oil Search Ltd because it would hurt his own shareholders.

Long debate over diesel comes to a head after emissions scandal: Petrodollars

Robert Perkins looks at the future of diesel for automobiles in Europe and beyond in the wake of a scandal that caused many to question whether gasoline would be better.

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