Energy Update

You are here

Home » Global Read

China's COFCO says Nidera biofuel losses won't impact firm's future

BEIJING, Sept 26 (Reuters) - Chinese grain trader and food processor COFCO, the majority shareholder in Nidera, has said it still has confidence in the Dutch grain and oilseeds merchant after an ethanol trader racked up significant losses through fraudulent activities.

Ukraine to pay around $230/tcm for gas in Q4 - RIA cites Russian energy minister

MOSCOW, Sept 26 (Reuters) - Ukraine will pay a price for Russian gas of around $230 per thousand cubic metres in the fourth quarter, including a discount, Russia's Energy Minister Alexander Novak said on Saturday, RIA news agency reported. (Reporting By Jason Bush; Editing by Pravin Char)

RPT-New VW boss faces host of problems after emissions scandal

WOLFSBURG, Germany, Sept 25 (Reuters) - Volkswagen knows it will take much more than just new leadership and a corporate overhaul to clear the air after it was caught cheating in U.S.

Venezuela PDVSA's $5 bln loan from China available by year-end -source

CARACAS, Sept 25 (Reuters) - A $5 billion loan that Venezuelan state oil company PDVSA negotiated with China will be available by year-end, but the funds will go directly to contractors rather than into company coffers, a senior PDVSA source told Reuters on Friday.

UPDATE 1-Ukraine gas supply talks end with tentative deal, no signature

* International financial institutions to provide $500 million

Bush to call for lifting of ban on U.S. crude oil exports

WASHINGTON, Sept 25 (Reuters) - Republican presidential candidate Jeb Bush will call for a decades-old ban on exporting U.S. crude oil to be lifted in a speech next week that will lay out an aggressive approach to growing jobs in the energy sector.

WRAPUP 5-VW picks company veteran to tackle emissions crisis

WOLFSBURG, Germany, Sept 25 (Reuters) - Volkswagen named company veteran Matthias Mueller as its chief executive on Friday as the German carmaker struggles to get to grips with a crisis over rigged diesel emission tests that its chairman called "a moral and political disaster."

UPDATE 1-Bill Gates foundation trust sues Brazil's Petrobras over share losses

NEW YORK, Sept 25 (Reuters) - The Bill & Melinda Gates Foundation Trust has sued Brazil's Petrobras to recoup stock losses stemming from a corruption scandal at the state-run oil company.

UPDATE 2-Aruba, Citgo Petroleum to explore reactivating refinery

ORANJESTAD/HOUSTON, Sept 25 (Reuters) - Aruba's Energy Ministry said on Friday it has signed a memorandum of understanding with PDVSA's U.S. unit Citgo Petroleum to explore reopening and operating the island's refinery, idled since 2012 because of low margins.

WRAPUP 4-VW picks company veteran to tackle emissions crisis

WOLFSBURG, Germany, Sept 25 (Reuters) - Volkswagen named company veteran Matthias Mueller as its chief executive on Friday as the German carmaker struggles to get to grips with a crisis over rigged diesel emission tests that its chairman called "a moral and political disaster".

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