Energy Update

You are here

Home » Global Read

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.

U.S. reactor operators increase uranium purchases from Kazakhstan

(Mon, 05 Oct 2015) Kazakhstan became the leading supplier of uranium for the 100 operating U.S. nuclear power reactors in 2014, supplying 12 million pounds, or 23%, of the 53.3 million pounds of uranium purchased by owners and operators of U.S. reactors. This level is almost double the 6.5 million pounds of Kazakh-origin uranium purchased in 2013.

South Korea Country Analysis Brief

(Mon, 05 Oct 2015) South Korea, which lacks domestic energy reserves, ranks among the world?s top five importers of liquefied natural gas, coal, crude oil, and refined oil products. Despite its lack of resources, South Korea has some of the most advanced oil refineries in the world, and its companies have investments in overseas oil and natural gas assets.

RPT-Woodside CEO says doesn't want to raise bid for Oil Search - AFR

MELBOURNE, Oct 5 (Reuters) - Woodside Petroleum's chief executive said the company does not want to raise its A$11.6 billion ($8.2 billion) offer for Oil Search Ltd because it would hurt his shareholders, the Australian Financial Review reported on Monday.

COLUMN-Saudi pricing shows oil volatility in action amid oversupply: Russell

Oct 5 - Saudi Arabia's decision to lower prices for oil loading in November shows that the battle for market share in an over-supplied Asian crude market is far from over.

UK Osborne promises to fund infrastructure, poaches rival's policy

MANCHESTER, England, Oct 5 (Reuters) - Finance minister George Osborne will launch a programme on Monday to spur infrastructure investment in Britain, poaching the policy from the left-wing opposition to stake the government's claim to the centre ground.

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