Energy Update

You are here

Batteries that allow large users to lower their reliance on the most expensive electricity threaten to cripple sales for U.S. independent power producers and utilities, posing credit challenges, according to Moody’s Investors Service.

WOLFSBURG, Germany, Sept 25 (Reuters) - Volkswagen is expected to name Matthias Mueller, the head of its Porsche division, as chief executive on Friday and purge other managers to show it is acting decisively to end a crisis over its rigging of U.S.

* Analysts say prices pressured by slowing demand, good supply

MOSCOW, Sept 25 (Reuters) - There is no pressure for U.S. energy major ExxonMobil to leave Russia's Sakhalin-1 oil and gas project, Yuri Trutnev, Deputy Prime Minister and Presidential Envoy to Russia's far east, said.

MANILA, Sept 25 (Reuters) - The Asian Development Bank said on Friday it will double to $6 billion a year by 2020 its financing of projects to help Asia-Pacific countries mitigate the impact of climate change.

* Government satisfied with decision -oil ministry (Adds detail from ruling, reaction, firms' bond ratings)

BRUSSELS, Sept 25 (Reuters) - High-level talks in Brussels between Russia, Ukraine and the European Commission are expected to clinch a deal late on Friday to secure winter gas supplies for Ukraine.

TOKYO, Sept 25 (Reuters) - Japan's government is considering new steps to tighten regulations on coal-fired power stations, but some experts said these would not be enough to help meet its goals on curbing carbon emissions over the next couple of decades.

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.