Energy Update
(Wed, 23 Sep 2015) The number of new and reactivated coal mines that began production in 2013 fell to the lowest level in at least the past 10 years. The addition of 103 mines in 2013 came as 271 mines were idled or closed, resulting in a 14% decline in the total number of producing coal mines from 2012 to 2013. The 2013 total was 397 fewer coal mines than in 2008, when coal production was at its highest.
MELBOURNE, Sept 23 (Reuters) - BHP Billiton confirmed on Wednesday it paid no tax on its global marketing base in Singapore, but said it was not the only reason for using the island state as a commodities trading hub and that it paid a fair share of tax worldwide.
SINGAPORE, Sept 23 (Reuters) - Coal futures are trading at $50 a tonne for the first time since 2003 as the commodity downturn deepens, and U.S.
BEIJING, Sept 23 (Reuters) - At least five police officers have been stabbed to death by separatists in a knife attack at a coal mine in China's violence-prone far western region of Xinjiang, U.S.-based Radio Free Asia reported on Wednesday.
Sept 23 (Reuters) - Business sentiment at Asia's top companies dwindled in the third quarter to a near four-year low, with concern over China's economic health pushing the financial sector into pessimism.
LONDON, Sept 22 (Reuters) - Container shipping lines are poised to take delivery of a new generation of "megaships" over the next two years, just as the growth of world trade is slowing down, contributing to massive overcapacity in the market.
WASHINGTON, Sept 22 (Reuters) - Republican U.S.
SINGAPORE, Sept 23 (Reuters) - Oil prices edged up early on Wednesday after U.S. crude stocks were estimated to have dropped last week, stripping some supplies out of an oversupplied market that has seen prices more than halve since June 2014.
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.